Author: American Coins & Gold

First Mover Americas: GBTC Discount to NAV Shrinks to Narrowest Since July 2021
The latest price moves in bitcoin [BTC] and crypto markets in context for Nov. 27, 2023. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.

UK Regulator Welcomes Fund Tokenization Plan Proposed by Industry Leaders
The FCA is currently exploring whether it could determine money laundering registration applications more quickly for firms already authorized, the report said.

Fed Likely to Be Most Dovish Central Bank in 2024, Research Shows
The Fed is priced to be the most dovish among advanced nation central banks in 2024, with traders anticipating at least 100 basis points of interest-rate cuts.

ARK Invest Sold M Worth of Grayscale Bitcoin Trust Shares Last Week
The sales took place as the discount for Grayscale’s bitcoin investment vehicle narrowed to its lowest in over two years, a sign of escalating optimism that a spot bitcoin ETF will finally be approved in the U.S.

Ripple Excites XRP Army as Metaco Acquisition Brings Banks Closer
Earlier this month, Ripple-owned infrastructure provider Metaco said it was working with banking powerhouse HSBC.

Cosmos Founder Calls for Chain Split; ATOM Down 3%
Cosmos’ founder Jae Kwon urged his followers to split the chain into two following a decision by the community to approve a reduction in ATOM’s inflation to 10% from 14%.

Cosmos Founder Calls For Chain Split, ATOM Down 3%
Cosmos’ founder Jae Kwon urged his followers to split the chain into two following a decision by the community to approve a reduction in ATOM’s inflation to 10% from 14%.

Binance's Changpeng 'CZ' Zhao is a Manageable Flight Risk: U.S. DOJ
U.S. argues that Binance’s former CEO should remain free until sentencing – but only in the U.S.

Binance Founder Changpeng 'CZ' Zhao Isn't a Flight Risk, His Attorneys Say
Binance founder and former CEO Changpeng Zhao should be allowed to return to the UAE, where he is a citizen and lives, ahead of his February sentencing, his lawyers said, pushing back against a U.S. Department of Justice filing asking he not be allowed to leave the country.

Tether, Bitfinex to Drop Opposition to New York Freedom of Information Law Request
The firms said opposition doesn’t mean a “wholesale release” of all documents.