Author: American Coins & Gold

Nigeria Charges Binance With Tax Evasion: Reports
One of two senior Binance executives in government custody has escaped, local media reported over the weekend.

Nobody Wants to Sell BTC, Analyst Says as Bitcoin's On-Chain Activity Limps
Hardly any value is being moved on-chain, a sign nobody wants to sell, one analyst said.

Bitcoin, Ether in the Green as Global Easing Cycle Begins
Over $100 million in bitcoin and ether shorts have been liquidated over the past 24 hours.

Bankers Are Lining Up Buyers for FTX’s 8% Stake in AI Startup Anthropic: Report
FTX’s slice of artificial intelligence firm Anthropic is up for sale, and global investors including sovereign wealth funds are lining up for the chance to purchase the shares, according to a new report from CNBC citing unnamed sources.

Cathie Wood Calls Bitcoin a ‘Financial Super Highway,’ Reiterates .5M Price Target
The Ark Invest CEO said the firm has been looking closely at emerging markets, where use cases of the digital asset make her believe that bitcoin is partly a risk-off asset.

Remembering ‘True Names’ Author Vernor Vinge
Known for popularizing the term “singularity,” the cypherpunk writer, who died this week, was prophetic about the age of artificial intelligence and cryptocurrency.

SEC's Gensler Says Crypto Firms Skip Public Disclosures by Dodging Registration
U.S. Securities and Exchange Commission Chairman Gary Gensler used a speech on the “public good” of securities disclosures on Friday to point specifically at the crypto industry as a problem area.

Bitcoin Slips to K as Large Grayscale GBTC Outflows Continue
U.S.-listed spot bitcoin ETFs saw over $830 million of outflows so far this week, and are poised for the first negative week since late January.

BlackRock Seeing Only 'A Little Bit' Demand for Ethereum from Clients, Says Head of Digital Assets
Robert Mitchnick, the asset manager’s head of digital assets, said that there’s a misconception that BlackRock will have a “long tail” of other services within crypto.

There Can (Probably) Be Only One Bitcoin
But the market for cryptocurrencies and blockchains that deliver consumer and business benefits is likely to be bigger than the one for “digital gold,” says Paul Brody, head of blockchain at EY.