Author: American Coins & Gold

With Bitcoin ETF Decision Looming, SEC Chair Gensler Says (Again) That Crypto Is Dangerous
The entire crypto world and much of the U.S. financial sector is anxiously awaiting word from the U.S. Securities and Exchange Commission (SEC) on whether it will approve a spot bitcoin exchange-traded fund (ETF). SEC Chair Gary Gensler has chosen this moment to issue a broad warning about the hazards to investors of getting into digital assets.

Crypto Exchange Upbit Gets Full Licensing in Singapore
Upbit said it is “poised to expand [its] range of offerings,” having acquired a MPI license.

In Bitcoin ETF Battle, Grayscale Is Bringing 'A Gun to a Knife Fight'
The Grayscale Bitcoin Trust’s (GBTC) $27 billion of bitcoin and $350 million of daily volume gives Grayscale an advantage versus BlackRock and other wannabe rivals, according to Bloomberg’s Eric Balchunas.

The Key to Building Sustainable DePIN
Decentralized Physical Infrastructure Networks are powerful uses of blockchain technology. But success depends on tokenomics built for the long-term.

North Korean Hacking Group Lazarus Withdraws .2M of Bitcoin From Coin Mixer
North Korean hackers Lazarus Group have moved $1 million worth of their ill-gotten gains from a coin mixer to their holding wallet, sparking speculation over their next move.

First Mover Americas: It’s ETF Deadline Week
The latest price moves in bitcoin [BTC] and crypto markets in context for Jan. 8, 2024. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.

Report Finds Less Illicit Crypto Activity in Nations With Full Licensing Regimes in 2023: TRM Labs
Blockchain analytics firm TRM Labs has found that crypto service providers in countries with full regulatory regimes had lower rates of illicit activity than those in less regulated jurisdictions in 2023.

Grayscale Announces 1.5% Fees for Its Proposed Bitcoin ETF Uplist
Grayscale, which has some $27 billion in assets under management (AUM), said it was adding Jane Street, Virtu, Macquarie Capital and ABN AMRO Clearing as authorized participants (APs).

BlackRock, Other Potential Bitcoin ETF Providers Reveal Fees
BlackRock said its fee will start at 0.20%, rising to 0.30%.

ARK's ETF Rebalancing Continues With .6M Coinbase Sale
ARK Invest has a target of no individual stock surpassing 10% weighting of an ETF’s value. COIN doubled in price in the last three months of 2023, bringing about consistent sales of the crypto exchange’s stock by ARK.