Latest from Stephen Alpher
Bitcoin Miners Cipher and CleanSpark Upgraded by JPMorgan as HPC Shift Accelerates
The bank sees new upside for bitcoin miners as HPC partnerships reshape the sector.

Upbit Seeking Nasdaq IPO Following Merger With Naver: Bloomberg
The deal between Upbit and Naver was reported in September, with suggestions that the former's parent Dunamu would be brought under Naver's financial arm.

Could Stablecoins Spark a New Contagion? BIS Warns, Coinbase Pushes Back
Not all agree with some recent sentiment that stablecoins pose a threat to global financial stability.

Bitcoin's Plunge Brings Strategy's Holdings to Near Breakeven, but Key Test Lies 18 Months Ahead
Michael Saylor's company's balance sheet isn't at imminent risk of collapse, but further capital-raising efforts could surely be hindered unless conditions improve.

Is Strategy Stock the Preferred Hedge Against Crypto Losses? Tom Lee Thinks So
Strategy’s 650,000 BTC holdings make it a ‘pressure valve’ for the broader market, said the Bitmine Immersion chairman.

BitMine Immersion Sitting on $4B Loss on Ether Bet as Analyst Warns of Structural issues
Tom Lee's company could trap shareholders amid low staking yields, hefty embedded fees and vanishing NAV premium, 10x Research founder Markus Thielen warns.

Fanatics Enters Prediction Markets via Crypto.com Partnership
The product is set to launch in the next couple weeks, Fanatics CEO Michael Rubin said on CNBC.

Bitcoin Bounces Above $84K as Fed's Williams Puts December Rate Cut Back on Table
Previously having essentially written off chances of further monetary ease in 2025, interest rate traders are now pricing more than a 70% chance of a rate cut at the Federal Reserve's December meeting.

Kalshi Raises $1B at $11B Valuation as Prediction Market Race Continues: TechCrunch
The CFTC-regulated exchange is gaining ground on crypto-native Polymarket, offering event contracts with fiat access and legal clarity.

Anthony Scaramucci-Backed AVAX One Approves $40M Stock Buyback
Digital asset treasury firms are increasingly turning to share buybacks to arrest plunging stock prices as investor demand sours.

