Author: American Coins & Gold

Protocol Village: Lit Protocol, for Identity-Based Encryption, Launches 'Litv0'
The latest in blockchain tech upgrades, funding announcements and deals. For the period of Feb. 8-14.

First Mover Americas: Bitcoin Hovers Below K; Immutable X Soars
The latest price moves in bitcoin [BTC] and crypto markets in context for Feb. 12, 2024. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.

Solana's Second Phone Crosses 100,000 Presales, Securing M for Development
Solana Mobile’s “chapter 2” smartphone could ship in early 2025.

Philippines Rules Out Blockchain for Wholesale CBDC Seen Likely by 2026: Report
The country’s central bank does not plan on issuing a retail version of the digital currency.

Bitcoin 'Stronger’ Ahead of Halving: Grayscale
A slew of newer features means bitcoin is “evolving into something even more” than merely digital gold, a core investment thesis.

Ethereum Validator Entry Queue Signals Renewed Interest in Staking
The validator entry queue has jumped to 7,045, the highest since Oct. 6, according to data source ValidatorQueue.

Australian Judge Hands Split Decision in Market’s Regulator vs Block Earner
An Australian court has given a split decision in a case brought by Australia’s markets regulator against Sydney-based crypto start-up Block Earner.

New Zealand Central Banker Adrian Orr Says Stablecoins Aren’t Stable: Report
The country’s Central Banker says fiat money is more credible than stablecoins because it has the power of government behind it.

Bitcoin Logs Biggest Weekly Gain Since October as S&P 500 Tops 5K
The S&P 500 look expensive relative to bonds, but that does not imply risk aversion or outflow of money from stocks and crypto and into Treasury notes.

Bitcoin ETFs Flows Could Propel BTC Prices to 2K This Year: CryptoQuant
Spot bitcoin ETFs have amassed more than 192,000 bitcoin in holdings, as of Friday, since their launch nearly a month ago.