Author: American Coins & Gold

Crypto ETF Opportunity Doesn't Stop at Bitcoin, Extends Into Multiple Digital Assets: Bernstein
The industry push for an ether spot ETF will follow immediately after a bitcoin ETF approval since ETH has a similar market structure of a traded CME futures market and a spot market, the report said.

Larry David’s Superbowl Ad Casts Doubt on FTX.US Separation, DOJ Says
Sam Bankman-Fried says the FTX exchange’s bankruptcy isn’t relevant to the October fraud trial

Grayscale's Legal Win Versus SEC Makes Spot Bitcoin ETF Approval More Likely: JPMorgan
For the SEC to defend its denial of Grayscale’s proposal to convert GBTC into an ETF, it would have to withdraw its previous approval of futures-based bitcoin ETFs, which is unlikely, the report said.

Binance's Head of Product Departs
Kamat’s departure follows those of Chief Strategy Officer Patrick Hillmann and Senior Director of Investigations Matthew Price and SVP for Compliance Steven Christie, who both left the company in early July.

Bitcoin's Use as Margin Collateral in Crypto Futures Trading Is Growing
Using BTC as collateral for a derivative is effectively a double whammy, according to analysts.

LSE Group Plans to Offer Blockchain-Powered Market For Traditional Assets: Report
LSE is considering using a separate entity for the blockchain-based markets business, according to the Financial Times.

SEC Hasn't Met Requirements to Argue for an Appeal, Ripple Says
Ripple made its case to a federal judge for why the U.S. Securities and Exchange Commission shouldn’t be able to appeal her ruling on its programmatic sales of XRP on Friday.

Large Bitcoin Holders Accumulate .5B Worth of BTC as Price Wavers
The accumulation by BTC whales suggests optimism among large investors, IntoTheBlock’s head of research noted.

MakerDAO Should Use Solana’s Code to Build Its New Blockchain, Co-Founder Says
Some community members have already pushed back against the idea.

Traders Are Paying 2,000% to Buy CYBER as Social Network's Tokens Soar
The price of the tokens has more than doubled on some exchanges in the past week in an otherwise little-changed market.