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Author: American Coins & Gold

U.S. CFTC's Behnam Says Agency Writing New Policy on Prediction Markets

Posted on March 12, 2024 by American Coins & Gold

U.S. CFTC's Behnam Says Agency Writing New Policy on Prediction Markets
U.S. Commodity Futures Trading Commission Chair Rostin Behnam said his agency will propose a rule in the coming months to establish new regulations for prediction markets.

Posted in Uncategorized

Sweden’s Central Bank Chief Wants 'as Little Bitcoin as Possible' in Country's Financial System: Bloomberg

Posted on March 12, 2024 by American Coins & Gold

Sweden’s Central Bank Chief Wants 'as Little Bitcoin as Possible' in Country's Financial System: Bloomberg
Sweden’s central bank governor said he wants “as little bitcoin as possible in the Swedish financial system.”

Posted in Uncategorized

EU Parliament Approves New Sanctions Laws That Also Apply to Crypto

Posted on March 12, 2024 by American Coins & Gold

EU Parliament Approves New Sanctions Laws That Also Apply to Crypto
The laws are to ensure sanctions rules are applied uniformly across the EU’s 27 member states.

Posted in Uncategorized

U.S. CPI Unexpectedly Rises to 3.2% Annual Pace in February

Posted on March 12, 2024 by American Coins & Gold

U.S. CPI Unexpectedly Rises to 3.2% Annual Pace in February
Stubbornly high inflation so far in 2024 appears to be standing in the way of the Fed’s willingness to begin cutting rates.

Posted in Uncategorized

Grayscale Plans Low-Fee GBTC Spinoff: the Bitcoin Mini Trust

Posted on March 12, 2024 by American Coins & Gold

Grayscale Plans Low-Fee GBTC Spinoff: the Bitcoin Mini Trust
Bitcoin ETF manager Grayscale is seeking permission from the SEC to spin out a percentage of GBTC shares to seed the new Bitcoin Mini Trust product, according to a filing on Tuesday.

Posted in Uncategorized

First Mover Americas: Ether Options Traders Prepare for Downside

Posted on March 12, 2024 by American Coins & Gold

First Mover Americas: Ether Options Traders Prepare for Downside
The latest price moves in bitcoin (BTC) and crypto markets in context for March 12, 2024. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.

Posted in Uncategorized

Hong Kong's Central Bank Starts Regulatory Sandbox for Stablecoin Issuers

Posted on March 12, 2024 by American Coins & Gold

Hong Kong's Central Bank Starts Regulatory Sandbox for Stablecoin Issuers
The regulator invited applicants with a “genuine interest in developing a stablecoin issuance business” to join the sandbox.

Posted in Uncategorized

Ether Put Demand Signals Weakness After $4K Price Breakout

Posted on March 12, 2024 by American Coins & Gold

Ether Put Demand Signals Weakness After K Price Breakout
By locking in the right to sell ETH at a predetermined price, options traders are preparing for short-term weakness after the cryptocurrency hit a two-year high.

Posted in Uncategorized

DOGE, SHIB Rally Eases as Bitcoin Bullishness Remains 'Elevated'

Posted on March 12, 2024 by American Coins & Gold

DOGE, SHIB Rally Eases as Bitcoin Bullishness Remains 'Elevated'
Bitcoin ETF inflows could lead to a “sell-side” crisis in the coming months, one market observer said.

Posted in Uncategorized

El Salvador Is Sitting on $84M Profit From Its Bitcoin Holdings

Posted on March 12, 2024 by American Coins & Gold

El Salvador Is Sitting on M Profit From Its Bitcoin Holdings
President Nayib Bukele said in an X post that the Central American nation is earning bitcoin revenue from four different avenues.

Posted in Uncategorized

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