Latest from Sheldon Reback
Singapore's New President, a Former Central Bank Chairman, Has Called Crypto 'Slightly Crazy'
The 66-year-old garnered more than 70% of the vote to take over a largely ceremonial role.
Australia Senate Committee Rejects Crypto Bill From Opposition Senator Andrew Bragg
Bragg said the Labor government had put regulating crypto in the slow lane.
First Mover Americas: Bitcoin Hovers Below $26K; Stellar’s XLM Rallies
The latest price moves in crypto markets in context for Sept 4, 2023.
Crypto ETF Opportunity Doesn't Stop at Bitcoin, Extends Into Multiple Digital Assets: Bernstein
The industry push for an ether spot ETF will follow immediately after a bitcoin ETF approval since ETH has a similar market structure of a traded CME futures market and a spot market, the report said.
Larry David’s Super Bowl Ad Casts Doubt on FTX.US Separation, DOJ Says
Sam Bankman-Fried says the FTX exchange’s bankruptcy isn’t relevant ahead of his October fraud trial.
Bitcoin's Use as Margin Collateral in Crypto Futures Trading Is Growing
Using BTC as collateral for a derivative is effectively a double whammy, according to analysts.
Traders Are Paying 2,000% to Buy CYBER as Social Network's Tokens Soar
The price of the tokens has more than doubled on some exchanges in the past week in an otherwise little-changed market.
Stablecoins Can Provide an Escape From High-Inflation Currencies: Brevan Howard Digital
Usage has shown a low correlation with crypto exchange volumes, which suggests that significant stablecoin transaction volumes are likely being used for non-speculative purposes, the report said.
Lira-Backed TRYB Token Becomes World's Second-Largest Non-Dollar-Pegged Stablecoin
BiLira's TRYB stablecoin is pegged to the lira (TRY) and 100% backed by fiat reserves held in Turkish banks.
HashKey Capital's $100M Digital Asset Fund to Invest Significantly in Altcoins: Reuters
Less than half of the fund's investments will be in bitcoin (BTC) and ether (ETH), the two largest cryptocurrencies, with the aim of diversifying allocations to smaller cap assets.
