Latest from Sheldon Reback
HashKey Capital's $100M Digital Asset Fund to Invest Significantly in Altcoins: Reuters
Less than half of the fund's investments will be in bitcoin (BTC) and ether (ETH), the two largest cryptocurrencies, with the aim of diversifying allocations to smaller cap assets.
Elon Musk's X Has Licenses in Multiple U.S. States to Process Payments, Including Crypto
Musk's social media platform, X, formerly Twitter, has obtained money or currency transmitter licenses in seven U.S. states including Maryland, New Hampshire and Rhode Island.
Bitcoin Holdings on Crypto Exchanges Dwindle to 2M, Fewest Since January 2018
The number of BTC held in wallets tied to crypto exchanges has declined by 4% this month, data tracked by CryptoQuant show.
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.
