Latest from Sheldon Reback
Circle Q3 Profit Triples, Beating Estimates, on USDC Growth
The shares slid in anticipation of lower U.S. interest rates, which would reduce revenue from reserve assets held to back the second-largest stablecoin.
Crypto Markets Today: Privacy Tokens Shine, Majors Stall as Market Consolidates
Bitcoin, ether and solana edged lower as privacy-focused tokens extended gains, with traders eyeing potential volatility from U.S. government developments.
Kraken Co-CEO Says UK Crypto Promotion Rules May Harm Retail Investors: FT
Arjun Sethi said questionnaires and warnings about potential financial loss slow down transaction times while asset prices are moving.
Visa Tests Stablecoin Payouts to Speed Payments for Creators, Gig Workers
New Visa Direct pilot lets businesses send dollar-backed stablecoins like USDC to users’ digital wallets for near-instant access to earnings.
Bernstein Says U.S. Crypto Framework Positions Nation as Global Leader
With new laws defining market structure and stablecoin oversight, the broker said America’s digital asset industry has entered its most mature phase yet.
Bitcoin Slips Toward $103K; Miners Tumble on AI Trade Cooling, SoftBank's Nvidia Exit
Crypto traders are taking profits on the bounce in prices, a Wintermute strategist said in a note.
Toncoin Drops to Key $2.07 Support Level as Selling Pressure Builds
The token briefly rose to $2.16 before reversing, with high trading volume indicating strong resistance at that level.
ClearToken Wins UK Regulator Approval for Digital Asset Settlement Service
ClearToken won authorization from the U.K.’s FCA to roll out CT Settle, a delivery-versus-payment settlement system for crypto, stablecoins and fiat currency.
Brazil’s Central Bank Sets Crypto Rules, Establishes up to $7M Capital Bar for Firms
The rules classify crypto activities as subject to foreign exchange and capital market rules, and require reporting of international transactions.
