Latest from Sheldon Reback
Cathie Wood's ARK Invest Sells Most Coinbase Shares Since July as Price Rises
ARK has been consistently selling Coinbase stock in recent weeks. Friday's is the largest sale since July, when it sold 480,000 shares worth $50.5 million at the time.

Goldman Sachs Sees Fed Delivering First Rate Cut in Q3 2024: Reuters
The Fed's benchmark interest-rate range is currently 5.25% to 5.5%.

First Mover Americas: Binance Withdraws an Abu Dhabi License Application
The latest price moves in crypto markets in context for Dec. 8, 2023.

Starknet Foundation to Allocate 1.8B STRK Tokens 'Soon'
Starknet said 900 million STRK are earmarked for the foundation’s Provisions Committee, and 900 million will be dedicated to user rebates.

Binance Withdraws License Application for Abu Dhabi Investment Fund
Binance determined the application was not necessary "when assessing [its] global needs." The move is unrelated to the exchange's legal settlement in the U.S.

Bipartisan Anti-Crypto Terror Financing Bill Heads to U.S. Senate
Legislation will crack down on terrorist organizations like Hamas by applying sanctions to foreign parties that facilitate financial transactions with terrorists.

Asset Tokenization on Blockchains Could Increase Systemic Risks: BOE
Banks are becoming more positive about using crypto technologies for the tokenization of money and assets, the BOE said.

Even Small-Time Jito Airdroppers Are Getting Thousands of Dollars in JTO Tokens
The governance token was airdropped to users of Jito's liquid staking token protocol.

Craig Wright's Tulip Trading Must Prove Ownership of Bitcoin in Hacking Case, English Court Rules
The hearing, scheduled to take 15 days, will also seek to determine whether the alleged hack occurred.

Bitcoin Project Babylon Raises $18M to Bolster Development of Staking Protocol
The fundraise was led by Polychain Capital and Hack VC and included contributions from Framework Ventures, Polygon Ventures, Castle Island Ventures and OKX Ventures.
