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Latest from Stephen Alpher
Bitcoin Pumps, Then Dumps Below $54K as Jobs Report Spurs Crypto Volatility
The price swing liquidated nearly $50 million of leveraged derivatives positions across all cryptocurrencies in one hour, CoinGlass data shows.
CoinDesk 20 Performance Update: SOL Jumps 3.0% as Index Rallies
Render joined Solana as a top performer, helping boost the index by 1%.
U.S. Added 142K Jobs in August, Likely Setting Stage for 25 Basis Point Rate Cut
The bitcoin price rose 1% just after the numbers hit, but remains lower by about 5% from one week ago.
Visa and Santander Selected by Brazil’s Central Bank for a Second Phase of CBDC Pilot
In May 2023, the BCB selected 14 participants for the first phase of the pilot.
Aptos Leads Losses as Crypto Weakness Continues; Coinbase Shares Fall to 7-Month Lows
Bitcoin tumbled below the $56,000 level on Thursday before a modest bounce.
Bitcoin Flounders Ahead of Friday Jobs Report That Might Push Fed to Slash Rates by 50 Basis Points
The U.S. central bank has indicated it will begin cutting the fed funds rate at its mid-September meeting, but the size and speed of the easing cycle is up for debate.
CoinDesk 20 Performance Update: Heavy Losses in APT and MATIC Lead the Index Lower
Aptos fell 5.1% while Polygon dropped 4.1% as the Coindesk 20 trended downward.
Bitcoin Posts Negligible Bounce, but Extreme Fear Suggests Larger Rebound in Store
The Crypto Fear & Greed Index has plunged to levels that previously have presaged a sizable move higher in bitcoin prices.
CoinDesk 20 Performance Update: MATIC Plunges 6.9%, Leading Index's Decline
The CoinDesk 20 stumbled 2.1% , with only Uniswap and Litecoin posting gains.
Binance Hires UK-Based Accounting Firm Grant Thornton to Advise on Audits
The crypto exchange was previously dropped by auditing firm Mazars which had been helping the firm with a proof-of-reserves report.
