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Latest from Sheldon Reback
Leverage in the Bitcoin Market Is Increasing Again as $58.5K Becomes Key Level
High-leverage liquidity in bitcoin is concentrated at around $58,500, according to Hyblock Capital.

U.S. Consumers Say Crypto Is Here to Stay, Stablecoins Maybe Not: Deutsche Bank
Sentiment is somewhat bearish about the near-term outlook for bitcoin, the bank's consumer survey showed.

Bitcoin Yields as High as 45% on Offer in Pendle's New Pools
The floating yields on the bitcoin-based LBTC token are from pools that went live on Wednesday. There's also a fixed-yield option of an annualized 10%.

UK Introduces Bill to Clarify Crypto's Legal Status
The Labour government said the bill will give owners of bitcoin and other digital assets greater legal protection.

Binance.US Chooses Fireblocks to Bolster Crypto Custody, Staking Services
The exchange will use Fireblocks to power custody operations, customer deposits and withdrawals, and further expand staking services.

EU Regulator Sees Official Journal Publication of Stablecoin Standards Before Year-End
The European Banking Authority estimates that 15 technical standards, including those for stablecoin issuers, will become official before the end of 2024.

First Mover Americas: Bitcoin Drops Below $56.5K on Risk-Off Day
The latest price moves in crypto markets in context for Sept. 11, 2024.

AI Tokens ICP, FET Buck Crypto Market Drop as Apple Flags Artificial Intelligence Foray
The iPhone maker's "It's Glowtime" event on Monday focused on bringing AI capabilities to the smartphone.

Tokenized RWA Platform Huma Finance Gets $38M Investment, Plans Expansion to Solana and Stellar’s Soroban
Huma's payment-finance platform aims to address the liquidity needs of trade financing using blockchain technology for faster settlement.

Ethena's Yield Machine Sees $1B Outflows as Crypto Market Cools – But There's Good News
The protocol faced a challenging environment as yields from arbitraging bitcoin and ether funding rates tumbled to near-zero. Even so, its USDe token held steady to its $1 peg.
