Author: American Coins & Gold

Invesco, Fidelity, BlackRock, Others Dot Their Bureaucratic I's as Likely SEC Action on Spot Bitcoin ETF Looms

JPMorgan CEO's Bitcoin Bashing Is a 'Do as I Say, Not as I Do' Situation
Jamie Dimon’s bank agreed to play a key role with BlackRock’s proposed bitcoin ETF, just weeks after he told U.S. senators: “I’ve always been deeply opposed to crypto, bitcoin, etc.”

BlackRock, Valkyrie Name Authorized Participants Including JPMorgan for Bitcoin ETF
BlackRock will use J.P. Morgan and Jane Street as their authorized participants. Valkyrie has also named Jane Street in addition to Cantor Fitzgerald.

Binance's CZ Denied Permission to Travel by U.S. Judge for the Second Time
Zhao has requested permission to travel to the UAE, where his three children remain.

Crypto Stocks, Bitcoin Miners Sell-Off as Profit-Taking Caps Explosive Year-End
Bitcoin slipped below $42,000 on Friday, stalling below its yearly high.

India's Local Crypto and Web3 Advocacy Body Asked for Action Against Offshore Entities: Source
The Bharat Web3 Association’s (BWA) Chairman wrote the letter to the Indian government on Dec. 16.

Bitcoin Miners Offload 9M BTC in Day, Sending Reserves to the Lowest Point Since May
Bitcoin miners’ reserves slid to the lowest since May following a spate of withdrawals to exchanges this week, data from CryptoQuant shows.

First Mover Americas: Bitcoin Set to Ring in the New Year Up Nearly 160%
The latest price moves in bitcoin [BTC] and crypto markets in context for Dec. 29, 2023. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.

Indonesian Authorities Crack Down on Bitcoin Miners Stealing Electricity From National Grid
The thieves allegedly tapped into utility poles of a state-owned energy firm to power mining operations.

Privacy Tokens DASH, ZCH, XMR Take Hit as OKX Says It Will Suspend Trading
More than 20 trading pairs will be delisted next week as they no longer meet the crypto exchange’s listing criteria.