Author: American Coins & Gold

Bitcoin Tumbles 3% as BlackRock Spot ETF Ticker Pulled From DTCC Website
Bitcoin fell by more than 3% from $34,500 to $33,400 on Tuesday afternoon after the ticker for BlackRock’s spot bitcoin ETF was removed from the Depository Trust & Clearing Corporation’s website.

Regulatory Clarity Won’t Bring an End to Crypto Risk
Even comprehensive crypto legislation won’t stop people from making bad investment decisions, says EY’s blockchain leader.

Coinbase, Bitcoin Miners Extend Gains as BTC Surges on BlackRock ETF Hopes
Shares of Coinbase (COIN), MicroStrategy (MSTR) and Marathon Digital (MARA) surged more than 13% as Bitcoin (BTC) tops $34,000.

Cathie Wood's ARK Invest Sells 2% of Grayscale Bitcoin Trust Holdings as BTC Rallies
Bitcoin’s momentum is attributed to anticipation of the U.S. Securities and Exchange Commission (SEC) finally approving a spot bitcoin ETF.

Archax to Launch Regulated Exchange for Tokenized Assets This Year
The company also said it tokenized an abrdn market fund in euros, pounds and dollars and has a pipeline of several hundred million dollars to be held in the fund.

First Mover Americas: Bitcoin at .5K on ETF Excitement
The latest price moves in bitcoin (BTC) and crypto markets in context for Oct. 24, 2023. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.

DYdX, Decentralized Crypto Exchange, Open Sources ‘V4’ Code for Upcoming Cosmos Chain
This marks the first step in initiation of the v4 upgrade, where the DEX is transitioning away from its layer-2 network atop Ethereum onto its own standalone blockchain.

Institutions Race for Bitcoin, Sending CME Open Interest to Record High
Institutional investors are chomping at the bit to buy bitcoin amid renewed optimism of a spot exchange-traded fund (ETF) being approved.

Pepe Memecoin Burns .5M Tokens Prompting 31% Rise
Bitcoin (BTC) dominance hit its highest level since April 2021, outpacing the majority of altcoins – but the Pepe memecoin has bucked that trend.

The Sam Bankman-Fried Trial: One Expert Witness
The defense team has revealed its sole proposed expert witness, who’ll try to point out flaws in the DOJ’s presentations.