Author: American Coins & Gold

Crypto Investors Can Now Trade XRP Options on BIT Exchange
Options allow investors to hedge bullish/bearish risks and generate additional income on top of their spot market holdings.

Genesis, FTX Strike Deal for 5M Bankruptcy Claim
Lawyers are trying to untie a complex financial web among companies that went under in the crypto winter.

Blockchain-Harnessing AI Project Jada Receives M in Capital
The project’s aim is to offer AI services that aid decision-making for organizations and scale up their operations.

Bitcoin's 2023 Bullish Trendline in Focus as Traders Search for Directional Clues
A bullish trendline is a an upward-sloping diagonal line connecting two or more higher price lows.

Crypto Long Trades Account for 90% of Total Liquidations as Bitcoin, Ether Slump
One trading firm has a price target of as low as $24,000 in the coming months in the absence of immediate market catalysts.

Bitcoin Slides to .3K After Leveraged Funds Ramp Up Bearish Bets
Two-thirds of leverage funds’ positions are short, one observer said, noting the bearish bias of sophisticated traders.

SHIB Plunges 9% on Apparent Shibarium Bridge Issues
An important tool for the layer 2 service went live on Wednesday to a turbulent start.

Shiba Inu’s Ethereum Layer-2 Blockchain Shibarium Goes Live Amid Push for DeFi Growth
The much-awaited Shibarium network saw over 21 million wallets created during its testnet phase and is expected to position Shiba Inu as a serious DeFi contender.

Trump Owns Even More Crypto Than First Known, New Documents Show
The former U.S. president currently holds $2.8 million in ETH after debuting an NFT collection last year, fresh disclosures reveal.

How PayPal Upended the Crypto Debate in Washington D.C.
The fintech giant’s PYUSD stablecoin has forced a rethink among Democratic policymakers who previously resisted federal legislation, says John Rizzo.