Latest from Sheldon Reback
Bitcoin holds steady as inflation data looms, bittensor drama unfolds
Traders face a pivotal Friday as narrowing volatility on bitcoin's chart hints at a massive price move while bittensor faces a high-profile developer exit.

XRP adjacent Flare proposes protocol-level MEV capture and 40% inflation cut
The proposal would move block building away from individual validators, create a revenue entity called FIRE to buy and burn FLR, and reduce annual token inflation to 3%.

Japan moves to classify cryptocurrencies as financial products
The new rules ban insider trading, require issuers to publish annual disclosures, and impose stricter penalties: up to 10 years in prison and 10 million yen in fines for operating without registration.

Tokenized perpetual swaps hit $31 billion weekly volume on commodities volatility
Commodities led the growth, with oil trading reaching $6.9 billion in weekly volume after geopolitical tensions, while stock perpetual swaps grew 908% to roughly $4.9 billion.

Americans’ losses to crypto scams rose to over $11 billion last year, FBI reports
Fraud schemes grew more sophisticated and targeted larger sums than in 2024.

Bitcoin briefly touches $70,000 as ETF inflows signal institutional interest
Your day-ahead look for April 7, 2026

Bitcoin price-drop speculation spurred by familiar price pattern
BTC and ETH remain stuck in a two-month range as oil prices and Iran tensions weigh on sentiment, while AI and privacy tokens show surprising relative strength.

Solana Foundation unveils security overhaul days after $270 million Drift exploit
The program includes 24/7 threat monitoring for protocols with more than $10 million in deposits and a dedicated incident response network of security firms.

Bitcoin pulls away from software stocks as Iran war, AI reshape market dynamic
BTC correlation with an ETF tracking software comany stocks broke sharply from near-total alignment to near zero after the conflict started.

Appeals court blocks New Jersey from shutting down Kalshi's sports markets
The Third Circuit Court of Appeals ruled that New Jersey could not bring an enforcement action against Kalshi, finding that the federal Commodity Exchange Act preempted state gambling laws.

