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Latest from Sheldon Reback
First Mover Americas: Bitcoin Hits $42K for First Time in Over a Year
The latest price moves in crypto markets in context for Dec. 4, 2023.

Asset Manager Abrdn, Crypto Exchange Archax Strive for Pole Position in Race to Tokenize TradFi
Having created trading pairs on Archax between bitcoin and tokens showing ownership of an abrdn money-market fund, the firms talk for the first time about using this institutional-grade token as collateral elsewhere.

TRX Trades at Premium on Poloniex as Arbitrage Lures Risk Takers
Bitcoin, ether and tether withdrawals will open on Poloniex in the coming weeks.

Institutional Traders Split Between Bitcoin, Ether: Bybit Research
Numbers from the exchange show institutional traders largely ignored alternative cryptocurrencies in favor of perceived "safe" assets.

Gauging Spot Bitcoin ETF's Impact on Price Volatility
Some analysts expect bitcoin to mature into a less volatile asset following the introduction of spot ETFs in the U.S, while others say potential "cash creation" structures will increase volatility.

First Mover Americas: Bitcoin Hits $38.8K for First Time in Over a Year
The latest price moves in crypto markets in context for Dec. 1, 2023.

KuCoin Ventures to Provide $20K Grant to TON Ecosystem
The funding will be allocated to five "mini-apps" focusing on payments and gaming.

Terraform Labs, Do Kwon Fail to Have Singapore Class-Action Suit Rejected: Report
The suit was filed in September 2022 by Julian Moreno Beltran and Douglas Gan on behalf of 375 others, who claim they lost a combined $57 million.

Cathie Wood's ARK Invest Offloads a Further $4.7M Worth of Coinbase Shares
COIN reached its highest level since April 2022 on Monday and remains at 19-month highs.

Brazil to Impose 15% Tax on Crypto Earnings Held on Offshore Exchanges: Report
The bill is awaiting presidential approval.
