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Latest from Stephen Alpher
Bitcoin Left Out as Stocks, Bonds and Gold Party on Global Monetary Easing
The crypto might need more than some modest rate cuts to embark on a new bull run.
Polygon's POL (MATIC) Token Spikes 15% on Binance Listing
Polygon introduced last week POL. the upgraded version the network's token, migrating from its longstanding MATIC with some tokenomics changes.
CoinDesk 20 Performance Update: ICP and RNDR Each Drop 3.6%, Leading Index Lower
The CoinDesk 20 inched down despite a 10.6% gain by Polygon.
Odds of 50 Basis Point Fed Rate Cut Next Week Jump to 45%
A decent jobs report last week and speedier than expected inflation data this week had most assuming the U.S central bank would initially proceed cautiously as it begins a monetary easing cycle.
Michael Saylor's MicroStrategy Purchased 18.3K More Bitcoins for $1.1B
The firms holdings have risen to 244,8000 bitcoins worth about $14 billion at current prices.
Stablecoins Increasingly Used for Savings, Payments in Emerging Countries, but Crypto Trading Still Leads: Report
Commissioned by Brevan Howard and Castle Island Hill, the survey covered more than 2,500 crypto users in Brazil, Nigeria, Turkey, Indonesia and India.
CoinDesk 20 Performance Update: XRP Rallies 5.3%, Leading Index Higher
NEAR also jumped 5.0%, joining Ripple as a top performer.
XRP Spikes 8% as Grayscale Launches XRP Trust in the U.S.
The closed-end fund will offer investors exposure to XRP tokens.
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.
Bitcoin Decouples From Gold as Crypto Continues in Bearish Phase
Another technical indicator suggests even tougher times could be in the cards for the crypto market.
