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Latest from Sheldon Reback
Stablecoin Market to Soar to Almost $3T in Next 5 Years: Bernstein
That's up from $125 million now as use should grow with more co-branded partnerships, a report from the firm said.

Binance Receives License to Offer Bitcoin, Digital Asset Services in El Salvador
The crypto exchange said it now holds licenses to operate in 18 countries.

Decentralized Insurance Alternative Nexus Mutual Provides Cover to UK Shopkeepers
A partnership with InShare sees Nexus adding some of its $274 million on-chain capacity to The Retail Mutual insurer comprising over 5,000 shopkeepers and small retail businesses.

AI Will Be One of the Most Important Investment Themes Over the Next Decade: Morgan Stanley
The generative-AI market rally is assumed to have started with the launch of ChatGPT late last year, the report said.

Rising Dormant Bitcoin Numbers Suggest Holding Is a Preferred Investment Strategy
Almost 69% of circulating bitcoin have been inactive for at least a year.

Binance's VC Arm Dominated Funding Rounds Last Week Even as Regulators Scrutinized the Crypto Exchange
Binance Labs announced investments in four incubator projects and participated in a round for privacy infrastructure startup zkPass.

Bitcoin Remains King While Crypto Hedge Funds Get Rekt
Even though crypto hedge funds managed positive returns during the first half of the year, bitcoin trounced them, according to a 21e6 Capital report.

Worldcoin Nairobi Warehouse Raided by Kenyan Police: Reports
The project failed to reveal its true intentions when it registered in the country, authorities say.

Cardano Blockchain Transactions Jumped 49% in Q2 on Network Upgrades, New Users
Blockchain load — a measure of how much data is contained in blocks over a certain period — rose to 50% in the second quarter from under 40% in the first. It peaked at 81% in May.

Crypto Options Traders Bet Against Volatility
"Given the absence of big news in August, selling volatility and taking a vacation for solid theta gains is the only thing I can do right now," one trader said. Crypto traders typically short volatility by selling, or writing, call or put options.
