Latest from Sheldon Reback
Bitcoin briefly touches $70,000 as ETF inflows signal institutional interest
Your day-ahead look for April 7, 2026

Bitcoin price-drop speculation spurred by familiar price pattern
BTC and ETH remain stuck in a two-month range as oil prices and Iran tensions weigh on sentiment, while AI and privacy tokens show surprising relative strength.

Solana Foundation unveils security overhaul days after $270 million Drift exploit
The program includes 24/7 threat monitoring for protocols with more than $10 million in deposits and a dedicated incident response network of security firms.

Bitcoin pulls away from software stocks as Iran war, AI reshape market dynamic
BTC correlation with an ETF tracking software comany stocks broke sharply from near-total alignment to near zero after the conflict started.

Appeals court blocks New Jersey from shutting down Kalshi's sports markets
The Third Circuit Court of Appeals ruled that New Jersey could not bring an enforcement action against Kalshi, finding that the federal Commodity Exchange Act preempted state gambling laws.

OpenAI CEO urges U.S. to prepare for AI ‘superintelligence’ risks and gains
The crypto industry faces growing cybersecurity risks as AI tools lower the cost and skill needed to exploit software flaws, with over $1.4 billion in assets stolen last year.

Solo bitcoin miner overcomes 1-in-28,000 odds to secure $210,000 block reward
The win landed the same week listed miners Riot, MARA, and Genius Group disclosed selling more than 19,000 BTC from their treasuries.

Bitmine's ether treasury hits 4.8 million ETH as stock listing moves to NYSE
The company now holds 3.98% of all ether in circulation, has staked $7.1 billion of it, and says it is generating $196 million in annualized staking revenue.

Bitcoin has room to rally, but there's a catch
Your day-ahead look for April 6, 2026

Bitcoin rallies on report of Iran ceasefire talks, Algorand extends gains
If a ceasefire materializes, a relief rally could further benefit risk assets. For now, traders appear to be treating the headlines with skepticism.

