Author: American Coins & Gold

U.S. SEC Said to Open Talks with Grayscale on Spot Bitcoin ETF Push
The U.S. Securities and Exchange Commission (SEC) has opened talks with Grayscale Investments on the details of the company’s application to convert its trust product GBTC to a bitcoin spot exchange traded product (ETF), according to a person familiar with the back-and-forth, which could have momentous implications for the crypto industry.

Bitcoin Pushes Towards K Ahead of Last Approval Period For Spot ETFs This Year
The Securities and Exchange Commission (SEC) has one last short window, an eight-day period starting Thursday, if it wants to approve all 12 spot bitcoin (BTC) ETF applications this year, Bloomberg analysts wrote in a note on Wednesday.

The Protocol: Kraken Awakens – as Ethereum L2 Candidate
In this week’s edition of The Protocol newsletter, we explain how Kraken is reportedly considering launching its own layer-2 blockchain, following Coinbase’s recent launch of a similar network, amidst a broader trend of companies creating Ethereum-based transaction solutions.

Bitcoin Fees Soar Nearly 1,000% Since August as Ordinals Are Back in Vogue
Higher fees are also boosting bottom lines for the industry’s beleaguered miners, 21Shares noted.

Bitcoin Fees Soar Nearly 1000% Since August as Ordinals Are Back in Vogue
Higher fees are also boosting bottom lines for the industry’s beleaguered miners, 21Shares noted.

BIS Researchers Say Stablecoins Are Failing to Live Up to Promise
For stablecoins to be able to be used as a means of exchange they should be able to maintain their value during the day, economists at the Bank for International Settlements said.

Why an Ether Staking Rate Will Increase Crypto Adoption
Andy Baehr, managing director at CoinDesk Indices, explains how understanding and measuring Ethereum’s integrated staking rate is key to driving innovation and acceptance of ETH-based financial products.

DeFi’s Next Frontier: The Untapped Potential of On-chain Structured Products
Jordan Tonani from The Index Coop shares how the next bull-run will see more liquidity going into on-chain structured products.

Founder of Estonia's LHV Bank Lost Access to 2M of Ether
“It’s no secret that I have a wallet with 250,000 Ethereum units,” Lõhmus said in an interview with Estonian national radio channel Vikerraadio in late October.

UK’s Tough Crypto Regulator FCA Won’t Go Easy on Stablecoins, Official Says
The Financial Conduct Authority (FCA) on Monday published a discussion paper with proposals for a stablecoin regime. Though the country’s Conservative government has said it wants the U.K. to be a crypto hub and has managed to push through legislation that lets stablecoins be regulated as a means of payment, the FCA has been a strict regulator and it will do most of the supervision work involving the broader crypto sector.