Author: American Coins & Gold

Things We're Freaking Out About

As Congress Bickers, the Rest of World Recognizes Stablecoins

Saying Goodbye to The Airdrop
But CoinDesk is not abandoning Web3 content.

First Mover Americas: Bitcoin Tumbles Below .5K
The latest price moves in bitcoin (BTC) and crypto markets in context for August 18, 2023. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.

Crypto Lender Exactly Hit by M Bridge Exploit
Exactly Protocol, a decentralized credit market on the Optimism (OP) blockchain, has been targeted by a bridge exploit worth as much as $12 million.

Single Trader Lost M on Ether Long Yesterday
That was nearly 30% of all liquidated futures on Binance, the data shows.

Bitcoin Perpetual Funding Rates Crash as Price Slide Puts Short Volatility Bets at Risk
Funding rates tanked on several exchanges, indicating a steep discount in bitcoin perpetual futures.

Celsius Creditors to Vote on Bankruptcy-Escape Plan After Judicial Approval
Creditors will have a month to mull the sale to Fahrenheit, which court filings say could see them recover 67%-85% of holdings.

No, SpaceX Isn't the Cause of This Multi-Billion Dollar Bitcoin Bloodbath
Bitcoin prices fell suddenly late on Thursday amid reports of hundreds of millions in sales, triggering a bloodbath across futures and spot markets.

Crypto Traders Suffer B in Liquidations in Sharp Sell-Off for Bitcoin, Ether
Crypto markets cratered late Thursday with bitcoin (BTC) dropping as low as $25,000 on the crypto exchange Binance.