Author: American Coins & Gold

Sam Bankman-Fried Refiles for Temporary Release Ahead of Trial
The jailed founder of collapsed cryptocurrency exchange FTX, has renewed his request to be released temporarily during the course of his trial.

Crypto Fund Management Opportunity Could Be Worth as Much as B, Bernstein Says
The crypto industry is expected to transition into a formal, regulated asset management industry with more than $500 billion of assets over the next five years, the report said.

Celsius' Bankruptcy Nears End as Creditors Approve Reorganization Plan
Bankrupt crypto lender Celsius’ creditors have voted to approve a plan that would return 67%-85% of holdings back to them.

World May Not Be Ready for U.S. Interest Rate at 7%, JPMorgan CEO Says
U.S. rates at 7% could push the U.S. economy into a recession, triggering risk aversion in financial markets.

Ben Armstrong, Founder of Bitboy Crypto Channel, Apparently Arrested; BEN Plunges 30%
Armstrong has had an apparent fallout with his former business partners, several tweets suggest.

BEN Token Plunges 30% as Crypto Influencer Ben Armstrong Apparently Arrested
Armstrong has had an apparent fallout with his former business partners, several tweets suggest.

U.S. Shutdown, Assuming It Doesn’t Run Long, Will Slow, Not Cripple Crypto Efforts
The crypto industry’s business in Washington is coming to a head just as a looming congressional budget impasse could shut down an array of federal services next week. But the digital assets sector can expect its most important matters won’t go entirely dark, experts suggest, even if they’re dragged out longer than crypto firms had hoped.

Optimism Slumps Most Among Crypto Majors Ahead of M Token Unlock
Optimism’s native token OP has dropped over 10% in a week, the most among the largest cryptocurrencies, ahead of its unlocking date that will increase the token’s supply.

Coinbase Successfully Registers With Spain's Central Bank
The firm has registered as a crypto exchange and custody wallet provider.

Australian Man Who Spent .7M Erroneous Crypto.com Refund Faces Theft Charges, Guardian Reports
Jatinder Singh and his partner bought four houses, cars, artwork and other luxurious items with money they received due to an accounting error by Crypto.com, according to the Guardian.