Author: American Coins & Gold

Binance Sells Russian Unit to Day-Old CommEX, Exits Country
Binance is set to fully exit the country with the sale and will have no ongoing revenue split, it said Wednesday.

Bitcoin's Implied Volatility Gauge Tops Ether for Record 20 Straight Days
The spread between dominant crypto options exchange Deribit’s forward-looking 30-day implied volatility index for ether (ETH DVOL) and bitcoin (BTC DVOL) has been consistently negative since Sept. 7.

Shiba Inu Ecosystem Token Bone Jumps 10% as Developers Take Key Security Step
The deployer contract for bone tokens was renounced late Tuesday, fuelling investor sentiment.

The Government Shutting Down Isn't Great for Crypto
An impending government shutdown is probably Not Good News for crypto’s D.C. hopes. On a trial-related note, you received preview copies of The SBF Trial, a newsletter we launched last week to keep readers up to speed on Sam Bankman-Fried’s time in court. The trial kicks off next Tuesday.

Digital Arm of Thailand’s SCBX and Korean Web3 Firm Hashed Ink R&D Partnership
The partnership comes weeks after KBank, rival of SCBX’s parent, announced a $100 million web3 fund.

SEC Extends Ark, Global X ETF Deadlines as Government Shutdown Looms
The efforts from Ark 21Shares and Global X to list spot bitcoin exchange traded funds (ETFs) must now officially wait longer for the U.S. Securities and Exchange Commission (SEC) to either approve or reject or deny their applications as the agency moved to extend deadlines Tuesday.

U.S. House Lawmakers Push SEC’s Gensler to Approve Spot Bitcoin ETF ‘Immediately’
The U.S. Securities and Exchange Commission (SEC) should listen to the courts and give up its efforts to block exchange traded funds (ETFs) holding bitcoins, a bipartisan group of lawmakers argued in a letter to SEC Chair Gary Gensler.

Blocknative to Suspend MEV-Boost Relay After Economics Fail to ‘Materialize’
The decision followed internal discussions among the company’s leadership and board of directors, and the company plans to focus on “economically viable opportunities.”

How Staking Rates Can Drive the Crypto Economy Forward
Similar to interest rates in the traditional economy, staking rates provide transparency and measurability to investors, unleashing a wave of crypto-native financial products.

Sam Bankman-Fried Can Ask DOJ Witnesses About Drug Use
Judge Lewis Kaplan, who’s overseeing Sam Bankman-Fried’s upcoming trial, set guardrails for certain witness questions and testimony.