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Latest from Stephen Alpher
U.S. CPI Meets Estimates, Rising 0.2% in October; Bitcoin Moves Above $89K
The core CPI rate rose 0.3% last month, also in line with forecasts.
Bitcoin Blasts to $90K as Crypto Rally Shakes Out $900M of Leveraged Bets
Crypto prices continue melting upwards since Donald Trump's election victory as investors reprice digital assets in anticipation of a friendlier government.
Stablecoin Supply Expands by $5B Since U.S. Election as Investors Pile Into Crypto
Stablecoin exchange balances grew to a yearly high of $41 billion this week, providing dry powder to buy digital assets, one analyst noted.
El Salvador's Bitcoin Stash Rises Above $500M, but Bhutan Story Might Be Even Bigger
Monday’s bitcoin rally propelled El Salvador and Bhutan’s crypto stashes to $500 million and $1.1 billion respectively.
CoinDesk 20 Performance Update: POL Declines 7.7%, Leading Index Lower
Cardano was also among the underperformers, falling 7% since Monday.
Solana Joins $100B Club, Hitting Nearly a Three-Year High Above $210
The fourth largest crypto could potentially reach its 2021 record high of $260 in the coming days given its relative strength through crypto's eight-month long consolidation phase, one analyst noted.
CoinDesk 20 Performance Update: ADA Gains 9.9%, Leading Index Higher from Thursday
Polygon joined Cardano as a top performer, rising 7.9%.
Uniswap's UNI Token Soars 28% as Altcoins Outperform Following U.S. Presidential Election
The DeFi sector led the crypto rally following Donald Trump's victory, with the CoinDesk DeFi Index gaining 20%, while the broad market gauge CoinDesk 20 Index was higher by 8.2%.
CoinDesk 20 Performance Update: Uniswap Surges 28% as All Index Constituents Trade Higher After Election
Solana joins Uniswap as a top performer, gaining 12.7% as Donald Trump wins the presidency.
Bitcoin Hits New Record Above $75K as Trump Dominates Early Voting
Part of BTC’s spike could be attributed to a $94 million liquidation of bearish or hedged bets against the asset, Coinglass data shows, as Trump leads in early voting.
