Latest from Stephen Alpher
Hyperliquid pulls back from record highs as Arthur Hayes exits position shy of $150 price target
The crypto veteran blamed macro risks and AI mania for taking profits, drawing backlash from traders for selling well below his recent bullish forecasts.

Strategy's Saylor's explanation for bitcoin's slide isn't what bears think
Bitcoin's drop reflects capital rotation into AI, Saylor argues, but the bears have a darker reason.

Bitcoin bounces, HYPE falls, NEAR gets demolished as crypto deals with a wipe out
Amid the crypto price crash, a handful of tokens have been performing well, but they're tumbling now as Arthur Hayes exits.

Live markets: Bitcoin selloff stalls as key indicator signals oversold conditions
Bitcoin rebounded to $64,000 after a sharp selloff, with the move reflecting a typical bounce from oversold conditions rather than a confirmed trend reversal.

Bitmine's Ethereum bet nears $9 billion loss as ether falls below $1,800
Shares of Tom Lee's Ethereum treasury firm hit their lowest level since the company's crypto pivot as ETH revisits the February lows.

Bitcoin isn't crashing because of Saylor, it's losing the momentum trade
Bitcoin's recent weakness reflects a broader rotation into AI, IPOs and other momentum trades rather than concerns about Michael Saylor's bitcoin sales, according to Charles Schwab's Jim Ferraioli.

Bitcoin's dearth of fresh investors matters more than Strategy's sale, Citi says
Strategy's bitcoin sale may have rattled markets, but the bigger issue is missing demand from new buyers, Citi said.

Bitwise model puts bitcoin fair value at $224,000 as sovereign-default hedge
The figure is from a theoretical model proposed by Greg Foss in 2021 that treats bitcoin as a credit default swap on G20 sovereign bonds.

Kraken parent Payward plans to offer tokenized IPO access as investors await blockbuster debuts
Payward aims to give retail investors access to IPO shares at the offering price through tokenized equities.

IREN adds 4% premarket as company unveils 800MW Australian AI data center campus
The AI infrastructure firm secured a grid connection for a planned South Australian campus, with energization targeted for 2028.

