Latest from Sheldon Reback
Gemini Slumps After Missing Earnings Estimates in First Report Since IPO
Despite revenue doubling to $50.6 million, Gemini posted a $159.5 million net loss due to high marketing and IPO-related costs.
Filecoin Slides After Breaking Key Support Levels
FIL faced heavy selling pressure as volume surged 137% above average during the technical breakdown.
Northern Data Cut to Hold to Reflect Acquisition by Rumble: Canaccord
The broker downgraded Northern Data to hold from buy and lowered its price target to 15 euros from 27 euros.
ICP Falls 11.2% to $6.69 After Losing Key $7.00 Support
Internet Computer (ICP) slides 11.2% to $6.69 after breaching key support at $7.00, with volume surging 94% above average amid heightened volatility.
Monad Unveils Tokenomics Ahead of Nov. 24 MON Token Airdrop
A public sale of the MON token will begin on Coinbase’s Token Sales platform on Nov. 17 for 7.5% of the initial supply.
TON Price Stalls Below Resistance as Sellers Block Breakout
Bulls are watching for a sustained move above $2.144 to potentially retest $2.154 highs, while bears are eyeing a break below $2.133
Bybit Said to Be in Talks to Buy South Korean Exchange Korbit: Report
A Bybit spokesperson said the talks, reported by South Korea’s Maeil Business Newspaper, are “not within our knowledge.”
EToro Third-Quarter Results Top Estimates on Crypto Trading Strength, KBW Says
The trading platform’s adjusted Ebitda beat expectations as higher crypto trading and net interest income offset weaker equities and commodities results.
Hong Kong to Issue Third Blockchain-Based Green Bond Sale: Bloomberg
The bonds mark Hong Kong's third digital bond sale since 2023 and are part of its push to become a leading global hub for tokenized assets.
Rumble Shares Soar on Tether Partnerships, Planned Northern Data Acquisition
Rumble unveiled three major deals with Tether and Northern Data, expanding its AI infrastructure, ad business and cloud capacity.
