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Latest from Sheldon Reback
U.S. Crypto Stocks Sink in Pre-Market Trading as BTC Slumps
Bitcoin traded around $54,400 in Europe, a 24-hour drop of 5.8%, having earlier fallen to the lowest level since late February

Mt. Gox Begins Repayments in Bitcoin and Bitcoin Cash
The defunct crypto exchange announced last month that it will begin repayments in July.

Labour Landslide Sets Up Starmer as UK Prime Minister With Unstated Crypto Plans
While the industry was not mentioned in the party's manifesto or on the campaign trail, Labour has said it will support tokenization and a central bank digital currency.

Bitcoin Nosedives Under $58K Amid Mt. Gox, German Government Wallet Movements
A wallet belonging to a German official entity moved its largest stash of BTC to exchanges earlier today, while Mt. Gox wallets showed activity for the first time in a month.

Bitcoin Drops Below 200-Day Average, Brings Bull Market Trendline Into Focus
Markets that consistently trade below the 200-day moving average are said to be in a downtrend.

Global Banking Standard Setter Approves Disclosure Framework for Crypto Exposures
The Basel Committee's framework, based on responses to a December 2022 discussion paper, must be implemented by 2026.

First Mover Americas: Bitcoin Falls to $60K as Mt. Gox Overhang Looms
The latest price moves in crypto markets in context for July 3, 2024.

Crypto Venture Capital Market Rebound Extends Into Second Quarter: Galaxy
The median pre-money deal valuation jumped to highs of $37 million, suggesting that despite a lack of available investment capital a resurgent crypto market has led to increased competition and FOMO among investors, the report said.

TradFi Liquidity Stress Indicator Surges. What Does It Mean for BTC?
The secured overnight financing rate surged Monday, a sign of liquidity stress in the U.S. banking system.

Ahead of the U.K. Election, Major Parties Remain Silent on Crypto Issues
The U.K. is set to hold its first election in five years on Thursday and crypto is not a campaign-trail issue.
