Latest from Sheldon Reback
BlackRock’s ETHA Becomes First Ethereum ETF to Cross $1B in Net Inflows
ETHA holds over $860 million in net assets. Only Grayscale’s mini ether trust (ETH) and Ethereum trust (ETHE) have more. Its net inflows are more than the next three highest ETF inflows combined.
First Mover Americas: Bitcoin Holds Below $60K Before U.S. Jobs Data Revision
The latest price moves in crypto markets in context for Aug. 21, 2024.
Bitcoin Miner Bitfarms to Buy Rival Stronghold Digital for $175M in Stock, Debt
The deal comes weeks after Riot Platforms dropped a bid to buy Bitfarms, choosing to try and overhaul the company's board before pursuing a takoever again.
Tether Plans to Develop UAE Dirham-Pegged Stablecoin Alongside Phoenix Group
Tether plans to seek licensing for the stablecoin under the U.A.E. central bank's Payment Token Services Regulation
Zenrock Aims to Calm Users' DeFi Wobbles With Decentralized Custody Offering
Crypto custody upstart Qredo has got a new lease of life after being bought out of administration by Dan Tapiero’s 10T Holdings and 1RoundTable Partners. The company is soon to relaunch as Zenrock.
Nigeria Plans to Introduce Crypto Licensing Process: Bloomberg
The SEC wants to issue its first licenses for digital service and tokenized assets as early as this month.
First Mover Americas: Bitcoin Returns to $61K, Outperforms Broader Crypto Market
The latest price moves in crypto markets in context for Aug. 20, 2024.
U.S. Leading Economic Indicators Continue to Fall, No Longer Signal Recession
The U.S. recession fears were partly responsible for the early August slide in stocks and cryptocurrencies.
State Street Selects Taurus for Crypto Custody, Tokenization
The bank will start with tokenization and plans to offer digital asset custody once the U.S. regulatory environment improves.
U.S.-Listed Bitcoin Miners Have the Upper Hand Over Unlisted Peers: Bernstein
The ability to raise debt or equity in the world's deepest capital markets is a large advantage, the report said.
