Author: American Coins & Gold

Tornado Cash Indictments May Prove to Be Just a Localized Storm After All
The Tornado Cash indictments could be another tipping point for crypto. How the case plays out could define how the federal government can deal with decentralized trading platforms if they’re seen as broad precedents. But the case may be much more straightforward than initial reactions suggested.

Grayscale’s Victory Ignites a GBTC Trading Frenzy as Investors Bet on Narrowing Discount to Bitcoin Price
The SEC must review its rejection to convert the Grayscale Bitcoin Trust into an exchange-traded fund, the appeals court ruled Tuesday.

SEC’s Grayscale Court Rout Puts Agency in Will-They, Won’t-They Role Starring Gensler
The crypto industry’s campaign to set up exchange-traded funds (ETFs) has now pushed the U.S. Securities and Exchange Commission against a wall with Grayscale Investments’ consequential court win, but it’s still up to the agency to decide whether to retreat or keep fighting.

An Open Letter to President Biden Regarding Bitcoin Mining

The Real Reasons the Grayscale Bitcoin ETF Decision Matters
The U.S. Court of Appeals, in rebuking the securities watchdog, shows that Gary Gensler won’t get the last word on crypto.

CBDC-Hating, Bitcoin-Friendly Presidential Candidate Francis Suarez Drops Out of Race
Suarez previously said his campaign will accept bitcoin donation and said he would ban a central bank digital currency (CBDC), if elected.

Robinhood and Jump Trading No Longer Have Crypto Partnership: Source
The retail broker’s entry into crypto several years ago was powered by Jump Trading, which is a giant in traditional financial markets.

Arca’s Jeff Dorman: Market’s Fixation on Bitcoin ETF is Because 2023 is Boring
Arca’s Chief Investment Officer says there hasn’t been much to sink your teeth into as a digital asset investor this year.

Sam Bankman-Fried's Complaints About Discovery Are 'Misleading,' DOJ Says
Federal prosecutors have challenged FTX founder Sam Bankman-Fried’s allegations that prosecutors dumped “millions” of pages worth of potential evidence on the former CEO’s defense team just two months ahead of his criminal trial, a Tuesday court filing shows.

Bitcoin Jumps 5% on Grayscale Ruling, While Crypto-Related Stocks Soar More Than 10%
A U.S. court ordered the SEC to “vacate” its rejection of Grayscale’s bid to convert its Bitcoin Trust into an ETF.