Author: American Coins & Gold

Raging Bitcoin Bull Market Ahead, According to Key Indicator
The crypto’s weekly RSI has crossed above 70, indicating a strengthening of upward momentum.

Cubist, Led by Computer Science Professors, Releases Wallet-as-a-Service 'CubeSigner'
According to CEO Riad Wahby, who’s an assistant professor of electrical and computer engineering at Carnegie Mellon, the new wallet will be “a hundred times faster” than competing products.

Upcoming UK Rules for Crypto Ad Approvers Spell Uncertainty for Industry
Those approving ads for other crypto companies are already facing regulatory scrutiny – and will soon need new permissions to continue.

CFTC Awards M to U.S. Whistleblowers; Most Tips Were Crypto-Related
Crypto continues to have pervasive fraud and other illegality, Commissioner Christy Goldsmith Romero said.

Sam Bankman-Fried Survived His Testimony. Next Up: The Jury
More than 60 people lined up to watch Sam Bankman-Fried’s fourth day of testimony, filling the single overflow room to the point extra chairs were set against the walls for some of the audience members.

Bitcoin’s Safe Haven Status Bolstered by Treasury Underperformance, Mohamed El-Erian Says
“You have people talking about bitcoins, about equity, being the safe asset,” El-Erian told CNBC.

BitGo Granted German Crypto Custody License by BaFin
BitGo had already been storing crypto assets under the regulator’s supervision since 2019 as part of a transitional regime, the firm said.

'Bruno Brock', Founder of Oyster Pearl, Gets Four Year Jail Term for Tax Evasion
Elmaani pleaded guilty in April 2023, agreeing that he caused a tax loss of over $5.5 million.

Turkey in "Final Stage" of Bringing Crypto Legislation as Last Step to Get off FATF's Grey List: Minister
Turkey is in the “final stage” of bringing crypto legislation to its parliament, a last step required for it to be removed from the Financial Action Task Force’s (FATF) “grey list.

Frax Finance Says its Domain Name Hijacking Has Been Resolved
Frax founder Sam Kazemian says his team has been “left in the dark” by the domain registrar as to what happened.