Author: American Coins & Gold

First Mover Americas: Bitcoin Nears K as Chinese Stocks Rebound
The latest price moves in bitcoin (BTC) and crypto markets in context for Oct. 14, 2024. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.

Solv Raises M to Grow the .3B Bitcoin Staking Protocol
Solv Protocol’s SolvBTC product has more than 20,000 BTC staked ($1.24 billion) deployed across 10 major blockchain networks.

Crypto Custodian Copper Appoints Former SEC Advisor Amar Kuchinad as New Global CEO
Former CEO Dmitry Tokarev will continue as the board’s founder director.

Bitcoin Mining Profitability Fell in September, Jefferies Says
October could be a harder month for the miners with the network hashrate currently 11% higher while the bitcoin price is up only about 5%, the report said.

Samara Asset Group Plans up to .8M Bond to Expand Bitcoin Holdings
Samara has mandated Pareto Securities to manage bond issuance, which aims to increase bitcoin reserves and expand its investment portfolio.

Crypto Neobank Banq's Bankruptcy Case Dismissed by U.S. Judge
The filing was dismissed because a U.S. judge who called the application a “bad faith” tactic.

Altcoin Selling Pressure Looms as 0M in Token Unlocks Scheduled This Week
Unlocks increase the total available supply of a certain token but don’t necessarily hit the open market immediately.

Trump's New Administration Would Support Strong Dollar, Economic Advisor Says
A potential Trump presidency could bode well for one of BTC’s top nemesis, the U.S. dollar.

Australia’s First Spot Ether ETF to Go Live on Tuesday
The launch of Monochrome Ethereum ETF follows the crypto investment firm’s spot bitcoin ETF, which went live in August.

Bitcoin Begins the Week on a High, Jumps Above K
Crypto majors moved higher Monday while memecoins led weekend action. PLUS: China stimulus announcements fell short of expectations, but traders’ hopes remain high.