Latest from Sheldon Reback
Bitcoin Slumps to $25.5K, With Price Now Probing August Low
A modestly softer-than-expected employment report Friday morning failed to provide a positive catalyst.
Grayscale Victory Against SEC Clears Path for Spot Bitcoin ETFs: Bernstein
The ruling increases the likelihood the SEC might approve all bitcoin spot ETF applications together, the report said.
Genesis Lender Group Opposes ‘Wholly Insufficient’ DCG Deal
Creditors with $2.4 billion in claims against the bankrupt crypto lender could scupper an agreement made after months of wrangling.
Crypto Bank Seba Wins In-Principle Approval to Operate in Hong Kong
Approval is the first step in acquiring a full license for Seba Hong Kong to deal in crypto or virtual assets-related products and traditional securities.
First Mover Americas: Is Bitcoin Close to Breaking Out of Its Current Range?
The latest price moves in crypto markets in context for August 29, 2023.
Indian Crypto Exchange CoinSwitch Cuts Support Team, Citing Market Doldrums
The firm laid off 44 employees from the team, which still has 82 members.
Long Bitcoin With Tight Stop Loss in Place, Matrixport Says
Traders should monitor for a potential drop below $25,800, Matrixport's Markus Thielen said while discussing the stop loss.
Tokenization Could Improve Bond Market Efficiency, Hong Kong Regulator Says
A successful $100 million tokenized green bond issuance earlier this year has convinced the Hong Kong Monetary Authority to continue exploring tokenization to improve financial markets.
Prime Trust Lost $8M in Doomed Terra Stablecoin Investment, CEO Says
A separate 2021 wallet bungle by the crypto custodian, taken into receivership in July, cost it $76 million, a court filing said
Binance Is Contacting Low-Cap Crypto Projects in Bid to Boost Trading
The crypto exchange is conducting a "risk management initiative" targeting some crypto projects with a relatively small market capitalization or whose tokens form lower-liquidity trading pairs.
