Author: American Coins & Gold

Gold-Backed PAXG Token Spikes to .9K Amid Geopolitical Tensions
Bitcoin traded at a perfect negative correlation to PAXG in a sign of weak demand as a geopolitical hedge, according to one observer.

Bitcoin Falls 8%, Drops Below K Before Rebound
Bitcoin and the broader cryptocurrency market fell nearly 10% on Saturday.

Coinbase Seeks to Take Core Question in U.S. SEC Case to Higher Court
Coinbase is seeking to rip the bandage off of a legal impasse at the center of the crypto industry’s fight with the U.S. Securities and Exchange Commission (SEC), filing an interim appeal on Friday that would ask a higher federal court to drill into the heart of the regulator’s stance on digital assets, even as the broader SEC case proceeds through the judicial system.

Bitcoin Plunges to K, Altcoins Tumble 10-15% on Ugly Day for Risk Assets
Investors may expect market weakness due to the tax season, Ryze Labs said in a report.

Protocol Village: Berachain Closes 0M Series B Funding Round
The latest in blockchain tech upgrades, funding announcements and deals. For the period of April 11-17.

Why Bitcoin Halving Calculators Are Out of Sync
The famously pre-planned, programmatic event, currently predicted for April 19, is surprisingly hard to predict at minute scales.

Avail, Blockchain Data Availability Project, Sketches Out Eligibility for Token Airdrop
A screenshot of a document describing the eligibility criteria for the airdrop was posted on the social-media platform X by the user @Bitcoineo, and Avail’s public-relations team flagged the to tweet to CoinDesk, describing it as a “leak.”

Dogecoin Climbs 5.4%, Tops CoinDesk 20 This Week: CoinDesk Indices Market Update

Hacker Sentenced to 3 Years in Prison for Stealing Over M From Crypto Exchanges
Shakeeb Ahmed, a security engineer who stole over $12 million from two different decentralized cryptocurrency exchanges built on Solana, was sentenced to three years in prison and three years of supervised release by a federal judge on Friday.

The Halving Highlights Why Bitcoin Needs to Upgrade
Higher fees from Ordinals and BRC-20 may be good for miners but they risk pushing activity to the fragmented world of L2s and harming adoption of Bitcoin around the world. Proposals for “OP_CAT” and CTV would upgrade the network and allow more innovation at the chain-level, says Bob Bodily, CEO of Bioniq, an Ordinals marketplace.