Latest from Sheldon Reback
Bitcoin stalls below $76,000 as sell wall caps rally despite rising derivatives activity
The bitcoin price is hovering near a key resistance level with $450 million in sell orders overhead as liquidations surge and derivatives data signal caution.
Russia-linked Grinex exchange halts operations after $13 million ‘state-backed’ hack
The exchange, formerly known as Garantex and based in Kyrgyzstan, has been sanctioned by the U.S., U.K. and EU for helping users bypass sanctions.
Bitcoin holds near $75,000 as short-term holders look for profit opportunities
Bitcoin is hovering near $75,000 as steady institutional demand meets a wall of supply, while the options market is biased toward downside hedges.
South Korea to test blockchain deposit tokens for government spending in Q4
Token-based payments can be programmed with spending limits and which industries can use them, reducing audits and lowering transaction fees by removing intermediaries.
Buying coffee with bitcoin is easy, the resulting tax burden is not
A libertarian think tank argues that treating bitcoin as a capital asset for tax purposes makes everyday payments impractical due to the complex reporting requirements.
Bitcoin developer Jameson Lopp says it's better to freeze 5.6 million BTC than let hackers have them
Lopp says dormant coins could pose systemic risk if quantum computing gives attackers the ability to grab them, intensifying the growing “freeze or not freeze” debate.
Allbirds abandons sneakers in pivot to AI computing, shares surge 400%
The footwear brand plans reinvention as Newbird AI with a $50 million convertible in a sign of the broader market shift into GPU infrastructure.
Beyond ‘digital gold,’ Iran conflict forces a rethink of the nature of bitcoin
Bitcoin's 12% gain since the Iran war began isn't a risk-on trade. It's the market repricing bitcoin's role as a neutral settlement layer, Bitwise's CIO argues.
