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Latest from Sheldon Reback
Bitcoin ETFs Pose Risk for Coinbase Stock, Leverage Shares Says
COIN was one of the best-performing stocks in 2023, but has dropped by almost a third since the start of 2024.

Ripple Must Share Financial Statements Requested by SEC, Court Rules
The statements will help a judge determine if institutional sales of XRP after the SEC lawsuit was filed in 2020 broke securities law, the SEC said in its request.

Bitcoin ETFs See $700M Net Inflows as BlackRock, Fidelity Gains Offset GBTC Outflows: CoinShares
New U.S. bitcoin ETFs have amassed $7.7 billion in funds since debut, offsetting the $6 billion outflows from incumbents, according to CoinShares data.

Crypto Payments App Oobit Raises $25M in Series A Funding Round Led by Tether
The round also included participation from Anatoly Yakovenko, the co-founder of Solana.

First Mover Americas: First Mover: Bitcoin Hovers Over $43K, Chainlink Extends Rally
The latest price moves in crypto markets in context for Feb. 5, 2024.

Former Terraform Labs CFO Han Chang-joon Extradited to South Korea by Montenegro
Han Chang-joon was charged with carrying falsified travel documents alongside Terra co-founder Do Kwon last year.

Stablecoin Tether’s Increasing Dominance Is Bad for Crypto Markets, JPMorgan Says
Other stablecoins such as USD Coin may benefit from the coming regulatory crackdown and gain market share, the report said.

South Korean Regulator to Discuss Spot Bitcoin ETF With U.S. SEC: Report
In December it was reported that Financial Supervisory Service head Lee Bok-hyun was planning on meeting U.S. SEC Chairman Gary Gensler for the first time to discuss crypto regulation.

Genesis Seeks Approval to Sell $1.6B in Bitcoin, Ether Trust Holdings
Nearly $1.4 billion of Genesis’ assets were held in Grayscale Bitcoin Trust (GBTC), which has since converted to a spot exchange-traded fund (ETF).

First Mover Americas: Bitcoin Holds $43K
The latest price moves in crypto markets in context for Feb. 2, 2024.
