Latest from Sheldon Reback
Bitcoin $4.4 billion supply overhang emerges as institutional demand wilts
Your day-ahead look for June 30, 2026

Bitcoin nears 2024 lows as options traders pay up for downside protection
Bitcoin and ether slid toward key support price levels. DeFi tokens were hit hardest, even as XLM and LIT bucked the broader market weakness.

UK to lower stablecoin capital buffers, undercutting EU's MiCA requirements
The Financial Conduct Authority's proposal follows the Bank of England's backtracking on the limit to the value of stablecoins an individual could hold.

Bitcoin's correlation with dollar-yen rate hits -0.90, undercutting 'carry trade' theory
Bitcoin’s price has shown an unusually strong negative 52-week correlation with the dollar-yen exchange rate.

Dubai set for crypto firm influx as MiCA deadline pushes companies to reassess Europe
Dubai lawyer Irina Heaver says European founders are flocking to the UAE for faster licensing, a dedicated crypto regulator and access to markets beyond Europe.

Dollar, U.S. Treasury yield market positions may carry glimmer of hope for bitcoin
Your day-ahead look for June 29, 2026

Bitcoin hovers below $60,000 as crypto braces for a pivotal week
BTC added 0.6% to $59,800 to start the week while SOL rose 2%, though derivatives data and chart formations point to continued downside risk.

Europe’s unlicensed crypto firms face ‘wipeout’ as MiCA deadline hits
European regulator ESMA called on unauthorized crypto-asset service providers to wind down their businesses in an orderly manner as the MiCA transitional period ends on July 1.

New MiCA regime in Europe, U.S. jobs report for June: Crypto Week Ahead
Your look at what's coming in the week starting June 29.

SBI's $289 million Bitbank deal is symptomatic of Japan's crypto consolidation: Architect Partners
The investment bank said the purchase of Japanese crypto exchange Bitbank is a bet on regulated scale as sweeping reforms reshape the country's digital asset market.

