Latest from Sheldon Reback
Bitcoin edges above $77,000, but institutional activity suggests downside hedging
BTC rises on steady volume and strong technical structure, but surging put interest and muted prediction market odds point to defensive positioning.
Bithumb scores a legal win in South Korea as six-month suspension is lifted by local judge
South Korea's financial watchdog imposed a $24.6 million fine on Bithumb and partial suspension that came into effect last month.
Gemini eyes prediction market challenge to Kalshi, Polymarket, secures derivatives license; shares surge
Tyler and Cameron Winklevoss' crypto exchange now holds licenses allowing it to expand into regulated derivatives and prediction markets, the fastest-growing sectors in crypto.
Coinbase's asset manager to offer stablecoin credit fund with tokenized share class
The fund, dubbed CUSHY, targets yield from onchain lending and private credit, offering tokenized access through Superstate for institutional investors.
Germany’s AllUnity expands EURAU to Solana as euro stablecoins gain traction
The firm's MiCA-compliant euro token aims to speed up euro transfers and support regulated onchain finance as the euro stablecoin market doubled since early 2025.
Seasonal trends favor bulls even as bitcoin ends April in a defensive mood
Your day-ahead look for April 30, 2026
Bitcoin faces $80,000 resistance as derivatives show signs of risk aversion
Bitcoin faces profit-taking pressure near $80,000, backed up by a U.S. inflation report that comes as high oil prices and rising bond yields weigh on risk assets.
Wasabi Protocol drained of $4.5 million in apparent admin key compromise
The exploit used a playbook similar to Drift's $285 million breach earlier this month: a compromised deployer key with no timelock or multisig that drained funds.
XO Market bets on user-generated prediction markets to rival Polymarket and Kalshi
Backed by 20VC, Picus Capital and Coinbase Ventures; XO lets users create and profit from their own prediction markets, and plans to rollout a new vault product to democratize market making.
Bitcoin's widely tracked Coinbase Premium turns negative as realized losses spike to $6 billion
A metric tracking U.S. spot demand has flipped red just as onchain data shows realized losses surging to $5.97 billion.
