Latest from Sheldon Reback
Probability for U.S. Approval of a Spot Bitcoin ETF Is Fairly High: Bernstein
The lack of a spot ETF leads to the growth of over-the-counter products like the Grayscale Bitcoin Trust, which are more expensive, illiquid and inefficient, the report said.
A $10M Options Bet on Ether Shows Positioning for a Bullish Second Half
A large ether bull call spread crossed the tape Friday, according to Amberdata. The trade involved December call options with strike prices at $1,900 and $2,500.
AzukiDAO Votes on 'Reclaim' of 20K Ether After Botched Elementals NFT Mint
“We have only been given a similar profile picture to that of the original Azuki holders,” the DAO proposal reads.
Bitcoin Cash, FTX’s FTT Token and COMP Led Crypto Market Gains in June
Bitcoin cash added the most, almost tripling over the course of the month.
Investor Enthusiasm for Coinbase Shares May Prove Short-Lived: Berenberg
The crypto exchange is faced with several risks that could trigger a reversal of the stock’s recent gains, the report said.
Bitcoin Steady Near $31K After Options Expiry; Dollar Index Rises Before Key U.S. Inflation Data
With the expiry done, the supposed price magnet at $26,500 from the max pain point is gone and prices could resume the upward journey, a common pattern during the bull market days of 2021.
Coinbase's Base Prepares for Mainnet Launch With Slew of Security Audits
Base has engaged with over 100 external security researchers to test its forthcoming layer 2 blockchain.
Julius Baer Eyes Expansion to Dubai for Crypto Services: Bloomberg
The expansion would be the private bank's first for its crypto offering beyond its native Switzerland, where it has provided digital asset services since the start of 2020.
Developer Six Clovers Rolls Out Cross-Border Crypto Payments on Sui
The Versal Network will allow companies to transact in stablecoins and central bank digital currencies.
Tokenization Is Likely to Transform Infrastructure and Financial Markets: Bank of America
Implementation of blockchain technology will accelerate as the opportunity cost of uncaptured efficiencies increases, the report said.
