Latest from Sheldon Reback
Crypto slides on Hormuz airstrikes as $897 million in long liquidations pile up
BTC dropped to its lowest since April 13 and ETH broke below $2,000 as U.S. airstrikes stoked inflation concerns, wiping out nearly $900 million in leveraged longs.

White House reviews CFTC prediction-market rule as Trump backs federal control
The proposal could shape how Kalshi, Polymarket, and other event-contract platforms operate as states challenge the CFTC’s authority.

Banca Sella gets green light to provide crypto services to customers in Italian first
The fintech-forward private bank said it is the first Italian lender to get Bank of Italy approval under MiCA to offer digital asset custody and transfers.

Crypto participants once again prefer dollars over bitcoin. USDT, USDC dominance rises.
Your day-ahead look for May 27, 2026

Bitcoin clings to $75,000 support as bear market signals resurface
Bitcoin hovered below Tom Lee's $76,000 bull-market threshold while hyperliquid and monero bucked broader crypto weakness.

Crypto exchange HTX rejects U.K. sanction allegations, says it refused ruble stablecoin listing
U.K. authorities sanctioned HTX, saying there were "reasonable grounds to suspect" the crypto exchange was helping Russia by cooperating with ruble stablecoin A7A5.

Whale alert: Someone dumped $1.29 billion of BlackRock's bitcoin ETF in a dark pool trade
The big sale happened amid a broader continued exodus from U.S.-listed spot bitcoin ETFs.

Strategy taps cash reserve to retire $1.5 billion in convertible debt
Michael Saylor and team funded the repurchases using cash as it restructures liabilities tied to its BTC treasury strategy.

Spain joins growing list of countries shutting out Polymarket and Kalshi
The platforms were blocked for operating without licenses required by Spanish gambling law, citing a lack of safeguards for minors and self-excluded gamblers.

Bitcoin ETFs crushed by billions in outflows as Treasuries stifle interest-rate cut hopes
Your day-ahead look for May 26, 2026

