Latest from Sheldon Reback
Crypto Markets Today: Bitcoin Rebounds, but Downtrend Still Looms
Bitcoin crept back toward $92,000 as markets slowly recovered from last week’s heavy sell-off, but mounting resistance threatens to keep the broader downtrend intact.
Upbit Reveals 5.9B-Won Corporate Loss in Latest Hack, Fully Reimburses Users
Upbit said it reimbursed all 38.6 billion won in member assets from its reserves.
Hash Ribbon Flashes Signal That Often Marks Cyclical Bottoms for Bitcoin Price
A historically reliable bottom signal appears after bitcoin’s 35% correction.
Justin Sun Doubles Down on First Digital Trust Fraud Allegations, Urges H.K. Regulators to Act
Sun accused FDT of exploiting gaps in Hong Kong’s trust company regime and urged regulators to act after a Dubai court froze assets linked to the alleged misappropriation.
Crypto Markets Today: Bitcoin Leads Broad Recovery as Traders Eye Possible Santa Rally
Bitcoin and ether surged following Wednesday's tech-led equities rebound, while derivatives flows signal growing optimism for a year-end push.
Ark Invest Buys $16.5M of Coinbase Stock, Largest Purchase Since Aug. 1
COIN closed at $264.97, 4.27% higher on the day, accompanying a relative recovery in the crypto market, which saw bitcoin gain over 3.3% to reclaim $90,000.
Ripple’s RLUSD Stablecoin Wins Key Regulatory Green Light in UAE
The designation means licensed firms can use the dollar-pegged token for regulated activities, placing it into a small group of tokens permitted by the ADGM’s ring-fenced financial system.
Crypto Market Maker Portofino Said to Be Hit by Another Wave of Staff Departures
The company's chief revenue officer and chief of staff both recently left the firm, according to a source.
Crypto Markets Today: Altcoins Remain Subdued, MON Surges on Upbit Listing
Crypto markets held steady Wednesday, remaining in “extreme fear,” with bitcoin unchanged, altcoins muted and Korean traders driving a rare standout rally in newly listed token MON.
