Latest from Sheldon Reback
Riot Platforms’ Acquisition of Block Mining Makes Sense, JPMorgan Says
Riot will have the second-largest capacity among U.S. listed bitcoin miners following the purchase, and the deal serves as the latest evaluation of underdeveloped power assets, the report said.
Cross-Chain Service DeBridge to Issue Governance Token, Completes Activity Snapshot
The cross-chain service is popularly used to transfer funds between the Ethereum, Base and Solana blockchains, among others.
Ether's BTC-Denominated Price Flirts With 9-Year-Long Trendline Support: Technical Analysis
The trendline connecting 2016 and 2017 lows has consistently offered support since January.
Ferrari to Extend Cryptocurrency Payments to Europe: Reuters
The company also plans to extend the service to other markets by the end of the year.
Bitcoin ETFs Break Inflow Streak as Traders Look to Trump’s Nashville Appearance for Volatility
Bitwise’s BITB led with $70 million in net outflows, followed by Ark’s ARKB at $52 million and Grayscale’s GBTC at $27 million.
Iren Is Positioned to Become One of the Biggest Listed Bitcoin Miners: Canaccord
The broker raised its price target for the shares to $15 from $12 and reiterated its buy rating.
Mt. Gox Moves $3B Bitcoin to New Wallet, $130M to Bitstamp Exchange
The defunct crypto exchange has moved billions of dollars worth of bitcoin over two days.
Crypto-Friendly Bank Revolut Plans to Sell $500M of Employee Shares at $45B Valuation: WSJ
Revolut has been in talks with investment firm Greenoaks over the sale, which would pave the way for a potential IPO
Bitcoin Layer-2 Chain Bitlayer Raises $11M Led by ETF Issuer Franklin Templeton
Bitlayer's layer 2 is based on the BitVM paradigm, which was unveiled last October and laid out a path for Ethereum-style smart contracts on the original blockchain.
Coinbase Upgraded to Buy From Neutral on Improving Regulatory Risk: Citi
The Wall Street bank increased its price target on the crypto exchange’s shares to $345 from $260.
