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Latest from Sheldon Reback
Stablecoins Signal Crypto Ecosystem Buoyancy as Market Cap Jumps to $164B
Renewed expansion in stablecoins is bullish for the broader crypto market.

Sygnum's First-Half Spot Crypto Trading Doubles, Derivatives Increase 500%
The surging trading volumes helped the bank reach profitability for the first time.

Bitstamp to Start Distributing Mt. Gox Proceeds on Thursday
Customers of the defunct crypto exchange lost their funds in a 2014 hack, and the imminent distribution of nearly $9 billion worth of assets to creditors has been weighing on crypto markets.

Dakota Emerges From Stealth to Provide Bank-Like Services to Crypto Depositors
The crypto-native company, which says it is attempting to right the wrongs of centralized lenders like Celsius, emerged from stealth on Wednesday.

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.
