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Latest from Stephen Alpher
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.
DeFi Protocol Penpie Exploited for $27M of Crypto Assets; PNP Token Craters 40%
Crypto users lost some $2 billion due to hacks, scams and exploits throughout 2023, one report said.
Bitcoin Could Drop 20% After Fed Rate Cuts in Bearish Case, but Weak September Presents Buying Opportunity: Analysts
Bitfinex suggested bitcoin could fall to as low as $40,000 in a bearish scenario.
Crypto Tuesday Crumble Sends Bitcoin Below $58K, Ether to 7-Month Low
Seasonality suggests a hoped-for bounce after a rough August may not materialize.
CoinDesk 20 Performance Update: DOT and HBAR Outperform as Index Rises 0.9%
Polkadot gained 2.6% while Hedera rose 2.4%, helping push the index higher.
Bitcoin Slips Back to $58K in Continued Desultory Action, but Next Week Could Offer Upside Excitement
It's been a rough August, with the world's largest crypto set to close the month with a double-digit percentage loss.
