Latest from Sheldon Reback
Bitcoin, ether little changed before U.S. inflation report
Derivatives show tentative optimism, with cleaned-up leverage, positive funding rates and rising institutional basis, even though traders are still paying a premium for short-term downside protection.
PGI Global CEO handed 20-year sentence for $200 million bitcoin, forex Ponzi scheme
Instead of investing in bitcoin and foreign currency trading, as promised, Palafox used new investor funds to pay old ones and siphoned millions for personal use.
Bitcoin’s long-term rally is ‘broken’ until it reclaims $85,000, Deribit executive says
A bitcoin price drop to $58,000 could reignite buying momentum.
Wall Street analysts cut Coinbase price targets following Q4 earnings miss
JPMorgan said weak crypto markets pressured fourth-quarter results, but backs Coinbase’s strategy of investing through the cycle and returning capital via buybacks.
Recapping Consensus Hong Kong
Crypto's role in payments for AI, regulatory changes and the digital asset market dominated conversations on the ground.
Standard Chartered sees bitcoin sliding to $50,000, ether to $1,400 before recovery
The bank cuts its 2026 crypto price targets, warning of further near-term capitulation as ETF outflows and macro headwinds weigh on digital assets.
Only 5% of companies see AI improving profit, McKinsey China chairman tells Consensus
The chairman of Greater China at McKinsey said nearly every company is experimenting with AI, few are rethinking their organizations deeply enough to unlock profit.
Recapping day 2 of Consensus Hong Kong
The conference's second day focused more on developers after day 1 concentrated on institutional providers and traders.
Bitcoin defies 'extreme fear,' hot jobs report to show signs of resilience
Bitcoin rose after the U.S. jobs report indicated employment growth in many sectors of the economy was restrained even as the headline number surged.
