Latest from Stephen Alpher
Live markets: bitcoin bounces to $60,000 after Warsh comments, economic data
Record ETF outflows in June beat the previous worst month by 29% and came on nine consecutive days of redemptions to close the period.

Phantom doubles down on perpetual futures with hire of Hyperliquid market builders
The crypto wallet is doubling down on perpetual futures after hiring the builders behind one of Hyperliquid's highest-profile market experiments.

Circle craters 17% as Stripe, Coinbase and BlackRock back rival stablecoin network
Open Standard's Open USD aims to let partners keep reserve income and eliminate minting fees, challenging Circle's USDC.

Live updates: bitcoin closes out weak quarter; Trump reports over $1 billion in crypto proceeds
IBIT alone shed $300 million while smaller funds absorbed some of the outflow. The selloff lands as the same AI trade that crashed Korea a week ago now powers a record quarterly rally there.

Ripple wants institutions to borrow against tokenized assets on XRPL
A proposed XRPL standard would let institutions borrow against tokenized assets, with the blockchain enforcing loan terms while the underwriting stays with human credit teams. It still needs validator approval to go live.

Kalshi and Polymarket could become M&A targets as prediction markets consolidate: Bernstein
The broker said operational consolidation is blurring the lines between exchanges, brokerages and sportsbooks, creating conditions for acquisitions across the prediction market ecosystem.

Tom Lee blames crypto weakness on quarter-end 'window dressing' as Bitmine adds another $43 million of ETH
Bitmine made its smallest purchase since early May as Lee pointed to investors cutting losses before the start of the second half of the year.

JPMorgan sees limited institutional demand for perpetual futures
The bank said institutional demand for perpetual futures remains muted, with the products better suited to speculative trading than hedging.

Saylor's Strategy initiates buybacks and bitcoin monetization program, lifts STRC dividend
Strategy adopted a new capital management framework, authorizing up to $2 billion in buybacks while creating a program that allows future bitcoin sales to support liquidity.

Tether's USDT jumps to 8.5% premium in India after crypto payment crackdown
Raids on crypto payment firms in Bengaluru disrupted the pipeline that feeds dollar-pegged USDT to Indian platforms, pushing its local price more than 8.5% above the dollar, roughly double the usual gap.

