Author: American Coins & Gold

CoinDesk 20 Performance Update: LTC Gains 3%, Leading Index Higher
Bitcoin Cash also joined Litecoin as a top performer, gaining 2.8% since Tuesday.

U.S.-Listed Bitcoin Miners Hit Record 29% of Network Hashrate in October: JPMorgan
The network hashrate has risen 4% so far this month, while the hashprice is up less than 1%, the report said.

Bitcoin Tops K, With Dominance Over Crypto Market Hitting New Cycle High
Bitcoin dominance climbs to 58.91%, the highest level in 3.5 years, last reached in April 2021.

First Mover Americas: Bitcoin Moves Above K Amid Renewed Bullishness
The latest price moves in bitcoin (BTC) and crypto markets in context for Oct. 16, 2024. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.

CoinDesk Buys Crypto Data Provider CCData and CryptoCompare
CoinDesk plans to integrate CCData’s platform into its existing products

Open Interest on CME Bitcoin Futures Hits All-Time High, Signals Further Bullishness
CME Bitcoin Futures Open Interest Hits All-Time High with Third-Largest Five-Day Increase, Following Two Price Surges.

How a Crypto 'REIT' Misled Investors With Family Deals and 'Unjustified' Real-Estate Markups
The 2023 crash of Tangible’s USDR stablecoin is infamous in crypto circles. But a CoinDesk investigation reveals there’s another story to be told.

Hong Kong Police Bust Group Running M Crypto Investment Scam Using Deepfakes
A total of 27 people between the ages of 21 and 34 were taken into custody suspected of conspiracy to defraud following a raid on a Hong Kong office.

Bitcoin's Inverse Ties With Dollar Index Challenged as U.S. Election Looms
Traders seek upside exposure in BTC even as FX option indicate a bias a bullish bias for the dollar index.

Dubai's VARA Has Struck Correct Balance in Licensing Time Frame, Says Senior Official
Dubai’s Virtual Assets Regulatory Authority believes it has struck the correct balance in terms of time taken to award licenses to crypto-related applicants, its senior official Sean McHugh told CoinDesk in an interview on Tuesday, disputing any perception of being a friendlier-than-usual crypto regulator.