Latest from Sheldon Reback
Crypto Miner Phoenix Group Says UAE Initial Share Sale Was 33-Times Oversubscribed
Phoenix was looking to sell almost 18% of the company for a target raise of $368 million.

Artificial Intelligence Technology Brings Benefits, Risks to Banking: Bank of America
AI has the potential to improve productivity and enhance bank returns, the report said.

Fed Minutes Release May Be a Non-Event for Bitcoin
The minutes of the Nov. 1 Fed meeting may be outdated, given the post-meeting softness in economic data and resulting expectations for renewed interest-rate cuts in 2024.

Tether Deposits of $1B With UK Financial Firm Are at Center of High Court Battle: FT
Tether deposited the funds with a subsidiary of investment bank Britannia Financial, according to the report, which cited filings made in the High Court.

Crypto Exchange Bittrex Global to Shut Down
All trading on the platform will be disabled on Dec. 4, several months after Bittrex's U.S. arm filed for bankruptcy and stopped operations.

Crypto Exchange Bullish Completes Purchase of CoinDesk: WSJ
Bullish, which is run by former NYSE President Tom Farley, bought 100% of CoinDesk from crypto-focused investor DCG in an all-cash deal

First Mover Americas: Crypto Friendly Javier Milei Wins Argentine Presidency
The latest price moves in crypto markets in context for Nov. 20, 2023.

Bitcoin Surpasses $37K on Argentina Presidential Election Result as Analysts Focus on Fed Notes
Crypto markets added some 2% in the past 24 hours, with the artificial intelligence-focused token sector driving the most gains for weekend traders.

Osaka Digital Exchange to Start Security Token Trading Platform
The platform, named Start, will begin operation on Dec. 25 with a $20 million real-estate securities issuance.

Bitcoin Options Open Interest Climbs to Record $15B on Crypto Exchange Deribit
The notional open interest in BTC options listed on Deribit rose to a record $15 billion last week as traders scrambled to take bullish exposure.

