Author: American Coins & Gold

Bitcoin Slumps as 0M Liquidated in Two Hours
Bitcoin slid 8% from a 20-month high on Wednesday as jitters around the anticipated approval of a spot BTC ETF began to enter the market.

BRC-20 Marketplace, Creator Take Opposing Positions on Proposed Network Upgrade
BRC-20 marketplace UniSat said it would follow a proposed fork in the network’s token standard, which was met with opposition from Domo, the pseudonymous creator of BRC-20.

Arbitrum Token Sets Record High as Value Locked Crosses .5B
Transaction volumes on the network overtook those for Solana-based applications, which boomed after a meme coin-led frenzy in December.

EU Banking Watchdog to Deepen Probe of Links Between Banks, Crypto Entities: FT
The European Banking Authority (EBA) will take additional steps to anticipate how strains in non-bank financial institutions (NBFIs), including cryptocurrency-related entities, will affect banks.

Michael Saylor Commences Plan to Sell 6M Worth of MicroStrategy Stock Options
Saylor said in an earlier earnings call that he will use the proceedings to meet personal obligations and buy additional bitcoin to his personal account.

Coinbase Buckles 10% as Crypto Stocks Falter Despite Bitcoin Topping K
The decline happened as bitcoin spiked above $45,000 during the day as traders anticipate an imminent spot BTC ETF decision in the U.S.

Jim Cramer Capitulates on Bitcoin: 'Technological Marvel … It's Here to Stay'
The Mad Money Host three months ago was highly bearish on the world’s largest cryptocurrency.

Jupiter Targets JUP Airdrop for End of January
The Solana-based trading aggregator will test the longevity of the Solana frenzy.

Crypto Market Outlook 2024: ETFs Offer Tailwinds for Other Digital Assets
With the expected launch of a spot bitcoin ETFs in Q1 of 2024, crypto is coming of age, says CoinDesk Indices head of research, Todd Groth.

First Mover Americas: Bitcoin Tops K for First Time in 21 Months
The latest price moves in bitcoin [BTC] and crypto markets in context for Jan. 2, 2024. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.