Author: American Coins & Gold

Bitcoin, Ether Remain Steady, But Analysts Have Bearish Price Predictions
Bitcoin traded just under $26,700 and ether exchanged hands at $1,630 as of Asian afternoon hours Monday, adding just 0.5% in the past 24 hours.

Crypto Whale Takes 0M Bullish Bet on Ether, Trading Data Tracker Shows
The large flow was concentrated in the so-called out-of-the-money calls, indicating a bullish outlook on the second-largest cryptocurrency by market volume, according to Greeks.Live

FTX’s Crypto Liquidation Sales Unlikely to Cause Market Shock: Coinbase
The sale of tokens won’t flood the market because liquidations are bound by sell limits, the report said.

New Avalanche Dapp Lets Traders Swap Hundreds of Different Tokens in Single Transaction
Decentralized exchanges usually let users swap one asset for another, but a new tool claims to let users swap 300 tokens at the same time.

Ether Trading at 27% Discount to Fair Value, New Research Shows
Ether is trading at a 27% discount to its fair value, according to research firm RXR’s blended Metcalfe law-centric valuation model, which incorporates active user adoption of layer 2 scaling networks.

Mark Cuban Loses Nearly M to Crypto Scam
The billionaire said he logged in to his crypto wallets after months of inactivity but had likely clicked on a phishing link.

NFL Quarterback Trevor Lawrence and Two YouTube Influencers Settle FTX Case
Three celebrity promoters of the failed FTX cryptocurrency exchange have opted to settle a case which alleged they helped dupe investors.

Hong Kong Probe Into Crypto Exchanges JPEX Results in Arrest
SCMP reported that Hong Kong police had received 83 complaints about the platform, which was operating without a license.

Ethereum’s Holesky Testnet Fails To Launch, in Rare Tech Misstep for the Blockchain
Developers of the Ethereum blockchain say there was a misconfiguration in the genesis files of the test network, and now they plan to try again in about two weeks.

DOJ Slams Sam Bankman-Fried’s ‘Intrusive’ Proposed Jury Questions
Federal prosecutors are criticizing void dire questions proposed by Sam Bankman-Fried’s defense team.