Latest from Sheldon Reback
Cardano Pumps 16%, Bitcoin Could Pop to $100K After Fed Rate Cut
Majors cryptocurrencies are surging as a bullish backdrop gives traders reason to set a $100,000 price target for BTC in the near term.
Michael Novogratz's Galaxy Looks to AI Computing as Bitcoin Mining Revenue Falls
The firm signed a non-binding deal with a hyperscaler firm to potentially allocate all of its 800 megawatts power to hosting high-performance computers.
Ether, Touted as Internet Bond, May Top $3K on Fed Rate Cut, Outperform Bitcoin: Omkar Godbole
Elevated interest rates in the U.S. have dented ether’s appeal as the internet equivalent of a bond, offering a fixed-income-like return on staking.
First Mover Americas: Bitcoin Holds Below $75K Before Expected U.S. Rate Cut
The latest price moves in crypto markets in context for Nov. 7, 2024.
SEC Seeks to Dismiss Three of Kraken’s Key Defenses in U.S. Lawsuit
A motion filed earlier this week rejected several of Kraken’s defenses and complained that the exchange was "trying to re-litigate the same issues repeatedly."
German Chancellor Scholz Calls Snap Election as Coalition Government Collapses
Olaf Scholz is looking to bring the general election forward to March from September.
Bitcoin Registers Fourth-Best Day of 2024 as BlackRock ETF Posts Record Volume
BlackRock's iShares Bitcoin Trust registered $4.1 billion in volume traded as bitcoin broke out to all-time highs.
Trump's Biggest Boon to Crypto Would Be Passing the Bitcoin Act: CoinShares
Under the proposal, bitcoin would be established as a strategic reserve asset and the government could buy up to 5% of the cryptocurrency's total supply, the report said.
JPMorgan Renames Blockchain Platform to Kinexys, to Add On-Chain FX Settlement for USD, EUR
The banking giant was one of the early leaders in applying blockchain tech to traditional financial activities, executing over $1.5 trillion of transactions since its inception.
Polymarket Resolves Presidential Election Contract
The $3.6 billion contract closed Wednesday morning as the Associated Press, Fox and NBC declared the election for Republican candidate Donald Trump.
