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Latest from Stephen Alpher
Genesis' Crypto Lending Businesses File for Bankruptcy Protection
The collapse of FTX in late 2022 was the final straw for Genesis, which earlier that year reportedly suffered losses of several hundred million dollars due to its exposure to failed crypto hedge fund Three Arrows Capital.
Crypto Lender Nexo to Pay $45M, Cease Offering EIP in Settlement With SEC
Nexo began offering its Earn Interest Product to U.S. customers in June 2020.
Alameda Research-Connected Bank Exits Crypto Business
Farmington State Bank, a small community bank in the state of Washington, is also changing its name.
Bitcoin Erases Entire FTX-Related Decline in Latest Surge
Wednesday morning gains for the crypto came after soft U.S. economic numbers suggested the possibility for easier monetary policy.
Left for Dead Crypto Names Roar Higher as Bitcoin Bounces
Bitcoin has put together its first sustained rally since the FTX collapse in early November.
Bitcoin Pushes Above $19K for First Time Since FTX Collapse
Crypto-related stocks are making even larger gains as the rally in the sector continues.
Bitcoin Dips With Stocks After US Report of 6.5% CPI Inflation
Annualized inflation slowed to 6.5% in December from 7.1% previously, in line with economist forecasts.
Coinbase Rally May Be a Selling Opportunity, Says Bank of America
Analyst Jason Kupferberg downgraded the crypto exchange to underperform from neutral, saying 2023 estimates are still too high.
Market Maker Group One Discloses 13.5% Stake in MicroStrategy
Alongside a big drop in the price of bitcoin, MicroStrategy slumped more than 70% in 2022 but is bouncing early this year.
Grayscale Bitcoin Trust Discount Narrows to 8-Week Low as DCG Faces Pressure
Digital Currency Group, Grayscale's parent company, has come under increasing pressure to address a discount that had widened to nearly 50% towards the close of 2022.
