Author: American Coins & Gold

Justin Sun Might Be Good for Wrapped Bitcoin, Says New Custodian's Director
The business plan for WBTC is to increase the outstanding amount by five to 10 times what is now, just under $10 billion – using a geographically diversified custodial setup that might be more appealing to buyers outside the U.S

Musk’s Tesla Still Holds 0M Bitcoin, Arkham Says, Ahead of TSLA Earnings
Those wallets continue to hold that BTC and haven’t sent any to crypto exchanges as of Wednesday, which is usually a sign of intention to liquidate holdings.

Bitcoin Mining Difficulty Hits All-Time High as Mining Revenue Rises; Signals Upcoming Bull Run
Bitcoin mining difficulty jumps 3.9%, hits 95.67T on Tuesday, amid record hashrate.

Why Partisia’s Blockchain May Be Uniquely Placed to Solve the Data Privacy Issue
The “unparalleled” nature of Partisia Blockchain’s “provenance and depth of experience” makes it uniquely placed to solve the problem of data privacy in public blockchains, Adrienne Youngman, CEO of Partisia Blockchain Foundation told CoinDesk in an interview on Tuesday.

Who's Afraid of Gary Gensler? Not Don Wilson, the Trader Who Beat the Regulator Once Before
Gensler’s SEC has been vague about how crypto firms can register to legally trade digital assets in the U.S. Chicago-based markets giant Don Wilson thinks that’s a strategy, not an accident.

DOGE, XRP Lead Crypto Majors Decline as Bitcoin ETFs Bleed M
The broad-based CoinDesk 20 (CD20), a liquid index tracking the largest tokens by market capitalization, fell nearly 2% while bitcoin lost 1%

As Bitcoin Nears Golden Cross, Concerns About Rising Treasury Yields Look Overhyped

MakerDAO Contemplates Dropping Sky Brand as Community Debates
SKY has significantly underperformed the CoinDesk 20 since the re-brand.

Bitcoin Is Going to K Regardless of Trump or Harris Win, Traders Say
Traders say BTC is headed to new highs regardless of a Democrat or Republican win.

Andy Barr's 'Vision' for House Financial Services
Congressman Andy Barr (R-Ky.) is one of the lawmakers running to succeed U.S. House Financial Services Committee Chair Patrick McHenry (R-N.C.) as the head of the Republican wing of the committee, which oversees regulators like the Securities and Exchange Commission and is responsible for shepherding legislation that might affect the U.S. capital markets and banking sectors, among others. He shared some of his thoughts on what his crypto priorities might be during an aside at the Flyover Fintech conference on Monday.