Author: American Coins & Gold

Argentina’s Pro-Bitcoin Javier Milei Heads to Run-Off Election Against Sergio Massa
Javier Millei lost to Sergio Massa who took around 37% of the vote.

BTC Valued at 4M Sent to Coin Mixer From Defunct Darknet Market After Eight-Year Wait
An entity has moved 4,800 BTC ($144M) to a coin mixer from a wallet tied to defunct darknet marketplace Abraxas, which closed in 2015.

The U.S. Risks Its Position as a Stablecoin Leader
USD stablecoin transactions are rising fast, but most of the growth is happening outside of the United States, says Jason Somensatto, Head of North America Policy at Chainalysis.

The US Risks Its Position as a Stablecoin Leader
USD stablecoin transactions are rising fast, but most of the growth is happening outside of the United States, says Jason Somensatto, Head of North America Policy at Chainalysis.

PetroChina Completes First International Crude Oil Trade in Digital Yuan: Report
PetroChina bought 1 million barrels of crude oil settled in e-CNY at the Shanghai Petroleum and Natural Gas Exchange.

Coinbase Poised to Make Final Pitch in Bid to Kill SEC Accusations Quickly
Coinbase Global Inc. (COIN) is set to make its final case on Tuesday that a judge should spring it from the clutches of the U.S. Securities and Exchange Commission (SEC) in its unregistered-securities dispute.

Michael Saylor's .7B Bitcoin Bet Back in the Green
Michael Saylor’s software company has invested billions of dollars into the world’s largest token by market capitalization. And the bet is slowly paying off.

Solana's Largest Defi Protocol Marinade Starts Blocking UK Users
Solana’s largest decentralized finance (DeFi) protocol, Marinade Finance, has blocked users in the United Kingdom from accessing the site due to “compliance concerns” over Financial Conduct Authority (FCA) regulations.

First Mover Americas: Bitcoin Gains as Trading Volume Surges
The latest price moves in bitcoin (BTC) and crypto markets in context for Oct. 23, 2023. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.

Bitcoin Miner Bit Digital Diversifies Into AI for 'Substantially Higher Margin' Than Mining
The firm is looking for a “reliable income stream … that is uncorrelated to bitcoin prices.”