Author: American Coins & Gold

Bitcoin’s Meteoric Rise Makes Everything Else Look Like ‘Junk,’ Trader Says
Bitcoin’s Relative Strength Index is now above 79, a place it hasn’t been since the bull market of late 2021.

Bitcoin is Pricing in Two Fed Rate Cuts For 2024, Trader Says
Bitcoin is stable as Asia begins its trading day, but crypto quant shop sees risk assets pricing in two, not three rate cuts.

MarginFi Leader Resigns on Fiery Day for Major Solana Lender
“The main problem was our lack of organizational execution,” MarginFi’s longtime leader Edgar Pavlovsky told CoinDesk.

Bitcoin Rebounds to K, Shrugging Off Hot U.S. Inflation Print
Major U.S. equity indices closed the day lower as faster CPI reading for March, will BTC was up 1%.

Former Ethereum Adviser Intends to Sue U.S. Government for .6B Over Dropped Extortion Charges
The former Ethereum adviser has retained well-known civil liberties lawyer Alan Dershowitz to serve as a consultant on constitutional issues in the case.

Hong Kong's Incoming Spot Bitcoin ETFs Could Be 'Big Deal.' Here's What Analysts Say
Massive demand for a China-listed gold ETF sent its premium soaring to 30% earlier this week.

DeFi Exchange Uniswap Receives Enforcement Notice from the SEC
Decentralized crypto exchange Uniswap received a notice from the U.S. Securities and Exchange Commission (SEC) that it intends to pursue an enforcement action, the company disclosed on Wednesday.

NEAR to Hire Artificial-Intelligence Engineers as Part of AI Roadmap
The company will begin its AI initiative in the next 3-6 months according to a document reviewed by CoinDesk.

The Protocol: How to Engineer Harder Money, or Just Make Your Own
Bitcoin’s supply growth is set to automatically drop by 50% when next week’s “halving” arrives, Ethereum is pondering a cut in ETH issuance, and meme coin issuers are just no-holds-barred spinning up new ones. Blockchain tech is enabling all sorts of monetary strategies.

EigenLayer, Crypto's Biggest Project Launch This Year, Is Still Missing Crucial Functionality
The “restaking” protocol with $15 billion in deposits won’t pay rewards to depositors and is missing its mission-critical “slashing” feature.