Latest from Stephen Alpher
MicroStrategy Q1 Operating Loss of $53.1M After Bitcoin Holdings Impairment Charge of $191.6M
To this point, the company has not adopted fair value accounting for its bitcoin stack, resulting in the first quarter write-down despite a major rally in prices.

Press Briefing With ChinaAMC Executive Ahead of Tuesday Launch of Hong Kong Spot Bitcoin and Ether ETFs
Zhu Haokang is head of digital asset management and family wealth at one of the ETF providers, ChinaAMC, and expects initial subscriptions into the products will surpass those seen by the U.S. funds.

Bitcoin Chops Around $64K, With Japanese Yen's Tumble Maybe Signaling 'Currency Turmoil,' Analyst Says
The yen's volatile episode may spread to other fiat currencies as U.S. rate cuts remain elusive amid sticky inflation, which could drive investors to gold and bitcoin, Noelle Acheson said in an interview.

NEAR and SHIB Led CoinDesk 20 Gainers Last Week: CoinDesk Indices Market Update
The majority of the assets posted gains despite a choppy market, but there were notable decliners as well.

Custodia Bank Appeals Court Loss in Fed Master Account Lawsuit
Custodia filed a notice of appeal on Friday after a judge last month ruled it did not have the right to a Fed master account.

Franklin Templeton Upgrades $380M Tokenized Treasury Fund to Enable Peer-to-Peer Transfers
The new feature helps to expand the utility of the Franklin OnChain U.S. Government Money Fund's BENJI token and make it more interconnected with the digital asset ecosystem.

Bitcoin Dips to $63K as Rate Cut Hopes Dim Following Disappointing U.S. Inflation Report
Increasing concerns about sticky inflation hit risk assets across all markets, cryptos included.

KPMG Survey Finds 39% of Canada’s Institutional Investors Had Exposure To Crypto Assets in 2023
Of those 39%, three quarters owned crypto currencies directly.

Spot Bitcoin, Ether ETFs Get Official Approval in Hong Kong; 'Potential Fee War' Unfolding, Says Analyst
One of the issuers waived management fees for the first six months, undercutting rival offerings.

Bitcoin Halving Is Not a Bullish Event, Says 10x Research Analyst
Markus Thielen, co-founder of 10x Research, said that previous post-halving bull run cycles weren’t a result of the halving, but of the macro environment.

