Latest from Sheldon Reback
Robinhood Sheds Jobs for Third Time Since April 2022: WSJ
The company made the cuts as it adjusts to a slowdown in customer trading activity.
Crypto Bankruptcy Investor Ouroboros Eyes Smaller Claims
The platform automates the due diligence process for buying cryptocurrency bankruptcy claims in firms like FTX or Celsius, providing previously missing liquidity for creditors owed around $50,000.
BitGo Still Sees Consolidation in Crypto Custody After Spurning Prime Trust: CEO
CEO Mike Belshe said the firm has other acquisitions pending.
Singapore's MAS Proposes Design Framework for Interoperable Digital Asset Networks
Banking giants like Standard Chartered, HSBC and Citi are set to run multiple tokenization trials across wealth management, fixed income and foreign exchange.
Crypto Traders Eye $6.8B Bitcoin and Ether Options Expiry
Dealers are stuffed with record negative gamma in BTC. With only a little move in the spot price, "we could witness fireworks," one observer said.
U.S. Has Room for a Compliant Crypto ETF to Grow Market Share as a Bitcoin On-Ramp: Bernstein
Grayscale earns around $380 million in annualized fees despite its GBTC product being inefficient, illiquid and trading at a discount, the report said.
APLD Signs Artificial Intelligence Hosting Deal Worth Up to $460M
APLD shares surged on Nasdaq after the firm announced its second AI cloud hosting deal.
First Mover Americas: Bitcoin Might Take a Breather
The latest price moves in crypto markets in context for June 23, 2023.
Crypto Market Optimism Bumps Into Risk-Off Hints in TradFi
Indicators tied to Wall Street's volatility index, VIX, and central bank liquidity indicate risk aversion ahead. Past experience suggests risk-off in traditional markets can roil sentiment in the crypto market.
Crypto Ban May Not Be Best Approach to Balance Risk, Demand: IMF
The IMF recommended that countries focus on addressing the drivers of crypto demand and unmet digital payment needs.
