Latest from Sheldon Reback
Markets Today: Bitcoin, Ether Hold Gains as Ethena Hits $11.9B TVL, Pudgy Penguins Race to F1
Futures positioning points to profit-taking in BTC and ETH as open interest falls, while DeFi protocol Ethena joins the $10B club and meme token PENGU secures high-speed exposure at the Singapore Grand Prix.
Metaplanet Boosts Bitcoin Reserves With $61M Purchase
The Japanese company now holds 18,113 BTC worth over $1.21B, with a third-quarter BTC Yield of 26.5%.
U.S. Spot Ether ETFs Hit $1B Daily Inflow for First Time
BlackRock's ETHA led the way, registering inflows of just under $640 million, while Fidelity's FETH came second with $276.9 million
BONK Retreats 8% After Climbing to August High
After peaking at $0.00002841, BONK slid before finding stability at $0.00002620 in a volatile trading session
S&P Assigns First-Ever Credit Rating to a DeFi Protocol, Rates Sky at B-
S&P Global Ratings assigned Sky Protocol a B- rating with a stable outlook, marking the first time a credit rating company has assessed a DeFi protocol
Trump Family’s DeFi Play Pulls ALT5 Sigma Into $1.5B WLFI Treasury Plan
Trump family–backed World Liberty Financial is injecting its WLFI token into the balance sheet of Nasdaq-listed ALT5 Sigma through a $1.5 billion share sale.
Watch Out Below: Bitcoin’s Weekend Surge Leaves CME Gap
BTC nears record highs, but history suggests the $119,000 futures gap could invite a pullback.
BONK Pushes Higher, Tests Resistance at $0.0000264
Solana-based memecoin gains 1.7% amid volatile trading, approaching a major resistance zone on strong volume.
Filecoin Demonstrates Resilient Recovery Following Mid-Session Volatility
The bounce in FIL came as the wider crypto market rose, with the Coindesk 20 index recently up 3.1%.
