Latest from Sheldon Reback
Distressed Crypto Specialist Thomas Braziel Sets Up Investment, Advisory Firm
The company, 117 Partners, will be a hybrid between advisory and investment, said Braziel.
Bitcoin Steady Above $30K as China Factory Deflation Suggests End of Global Tightening Cycle Is Near
China is exporting deflation across the Western world. Ultimately this will be good for risk assets as it relates to the end of the global interest-rate increase cycle, one observer said.
Three Arrows Capital Liquidator May Try to Claw Back About $1.2B From DCG, BlockFi
A July 7 report from Teneo, the hedge fund’s liquidator, described the potential claims.
Bitcoin Retakes $30K, Asian Stocks Hit 5-Week Low Ahead of U.S. Jobs Report
The Bureau of Labor Statistics will release the nonfarm payrolls report for June at 12:30 UTC.
SEC Approval of Spot Bitcoin ETF Is Unlikely to Be a Game Changer for Crypto Markets: JPMorgan
Such ETFs have existed for some time in Canada and Europe, but have failed to attract large investor interest, the report said.
Bitcoin Mining Is a Game of Survival, Consolidation and Potential AI Diversification: Bernstein
Mining stocks have been resurgent this year due to improving sentiment from institutional ETF filings and potential revenue diversification into high-performance computing and AI, the report said.
DeFi Firms Sign Up to Balancer's Plan for Tackling Lack of Liquidity
The initiative will allow holders to vote in governance proposals while providing liquidity to decentralized exchanges.
Bitcoin Could Rally to $125K by End-2024: Matrixport
The forecast is consistent with bitcoin's tendency to chalk out sharp gains in the months after the mining reward halves. The fourth halving is due early next year.
Israeli Lawmakers Support Axing Crypto Capital Gains Tax for Foreigners
A bill exempting foreign residents from capital gains taxes on crypto sales, and lowering tax on stock-options-like crypto options for employees has passed a preliminary reading in the Knesset.
Valkyrie Refiles for Spot Bitcoin ETF With Coinbase as Surveillance Partner
The asset manager first filed for a spot bitcoin exchange-traded fund in January 2021.
