Author: American Coins & Gold

Crypto for Advisors: What Will Trigger Crypto Mass Adoption?
Andy Baehr, head of CoinDesk Indices discusses scenarios that could be the drivers of mass adoption in crypto.

Global Bitcoin ATM Numbers Sink to Lowest Level Since 2021
Since the end of last year, the number installed has dropped 7,000, or 17%.

Bitcoin Could Rise to Between K and K if BlackRock ETF Is Approved: Matrixport
Bitcoin will rise to between $42,000 and $56,000 if a BlackRock spot bitcoin (BTC) ETF is approved, crypto services provider Matrixport said in a report Thursday.

What Crypto Can Learn From Regulatory Overhauls at PayPal, Robinhood and Revolut

Bitcoin Asset Manager Onramp Unveils Multisig Platform, Adds BitGo to Custodians
Onramp is harnessing multisig security, in which multiple custodians control the private keys to the bitcoin being held, tapping BitGo to perform this role alongside Coincover and Kingdom Trust.

Pantera, Susquehanna and HashKey Back DEX SynFutures With M Funding
The funding round was led by Pantera Capital, and included participations from Susquehanna International Group and HashKey Capital.

Circle to Let Merchants Pay for Customers' Gas Fees With Web3 Wallet Upgrade
Southeast Asian super app Grab is currently piloting the “Gas Station” to cover gas fees for its Singaporean users if they use NFT vouchers.

First Mover Americas: New York AG Sues Gemini, DCG, Genesis
The latest price moves in bitcoin (BTC) and crypto markets in context for Oct. 19, 2023. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.

Polygon Proposes Council for ‘Decentralized Governance,’ Names 13 Members
The project named 13 “inaugural members” to the council, including officials from Coinbase and the Ethereum Foundation.

Gemini, Genesis, DCG Sued by New York Attorney General for Allegedly Defrauding Investors
The lawsuit alleges that Gemini knew Genesis’ loans were undersecured and at one point highly concentrated with one entity, Sam Bankman-Fried’s Alameda, but did not reveal this information to investors.