Author: American Coins & Gold

Bitcoin Buyer Quietly Accumulates 4M of BTC in Three Weeks
An unknown entity has bought 11,268 bitcoin [BTC] worth $424 million since November 10 in what appears to be a time-weight average price (TWAP) accumulation strategy.

2024 Will Be the Year Tokenization Truly (Finally) Begins
After several years of being the next-big-thing, next year will be when tokenization of real-world assets really takes off, says Colin Butler, Global Head of Institutional Capital at Polygon Companies.

Liquid Staking Tokens Are a Hot Ticket for 2024
The staking market was the brightest spot in DeFi this year. The arrival of liquid staking token finance is set to turbocharge activity next year.

Stablecoins Such as Tether May Be in U.S. Sights, Top U.S. Treasury Official Warns
Wally Adeyemo, deputy secretary of the Treasury, said issuers outside the U.S. need to be forced to prevent abuse by terrorists.

Terra's USTC Gains 300% as Bitcoin-Focused Comeback Plan, Binance Perpetuals Listing Fuel Speculative Frenzy
TerraClassicUSD (USTC), the remnant stablecoin of the failed Terra blockchain, gained 300% in a week as plans of a bitcoin-backed revamp plan and a Binance perpetual contract listing unleashed a speculative frenzy.

Hull City Sponsor Tomya Crypto Exchange Embroiled in Turkey Fraud Scandal
The owner of Tomya was among 25 people detained in Turkey as the country prepares new crypto legislation.

Crypto Mixer Sanctioned by U.S. Treasury for North Korea Allegations, as FBI, Dutch and Finnish Police Seize Website
The U.S. Treasury Department’s Office of Foreign Asset Control listed two crypto addresses tied to Sinbad, a mixing service, in its latest sanctions list.

Blockchain Messaging Platform Wormhole Raises 5M at .5B Valuation
Wormhole, which was recently separated from parent Jump Trading Group after it scaled back its crypto operations, is a developer platform which allows different blockchain networks to communicate with each other.

Crypto Custody Firm Copper to Start Digital Securities Brokerage in Abu Dhabi
Copper Securities is working with Abu Dhabi’s Financial Services Regulatory Authority to have the appropriate approvals in place by early 2024.

Republic to List Profit-Sharing Digital Security Token on INX Next Week
The token will be accessible to retail investors who don’t usually have the opportunity to invest in private companies without large checks and accreditation.