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Latest from Sheldon Reback
First Mover Americas: Bitcoin Drops as Traders Take Profits
The latest price moves in crypto markets in context for Aug. 27, 2024.
Telegram CEO's Arrest Is Unlikely to Be the Last: Galaxy
Telegram and Pavel Durov were probably resisting takedown or information requests from Europe or France, the report said.
Jailed Binance Exec's Nigeria Case to Be Heard a Month Early
The trial is set to resume next week after Tigran Gambaryan's defense lawyers requested that the case be heard sooner than the planned date in October.
Bitcoin Drops Below $63K on Profit Taking as SafePal’s SPF Gets Points Boost
QCP Capital noted an increase in call spread buying with the selling of calls marked for the $100,000 per bitcoin level. The strategy suggesting a generally bullish mood, but not an explosive move higher in the short term.
Tokenization Pioneer Centrifuge Unveils Lending Market With Morpho, Coinbase
The institutional real-world asset lending market combines Coinbase’s layer-2 network, Base, and Morpho Vaults using three varieties of tokenized Treasury bills.
Celsius' Bankruptcy Plan Administrator Pays Out Over $2.5B
The distributions were made in liquid cryptocurrency and cash at Jan. 16 prices to roughly two-thirds of all eligible creditors by number and 93% by value.
WazirX to Phase In Indian Rupee Withdrawals Starting Aug. 26
Users of the Indian crypto exchange will be able to take out up to 66% of their rupee funds in two phases following a suspension instituted after last month's $230 million dollar hack.
Bitcoin Mining Opportunity Is Worth About $74B, JPMorgan Says
The Wall Street bank lowered its price targets for some miners to account for second-quarter results and changes in the bitcoin price and the network hashrate.
Donald Trump Teases 'The DeFiant Ones' Crypto Project on Truth Social
“It’s time we take a stand – together,” Trump wrote on his Truth Social account with a Telegram group link to the unreleased decentralized finance platform.
DeFi Summer Is Making a Comeback, Steno Research Says
Total value locked across the crypto ecosystem is expected to reach an all-time high in the first half of next year, the report said.
