Latest from Stephen Alpher
Bitcoin set for 'choppy summer' as capital chases high-flying AI stocks, K33 says
The firm still views bitcoin as undervalued relative to equities, but says investors are rotating into AI stocks as the opportunity cost of missing gains by holding BTC is too high.

Hyperliquid predicted 80% of oil move before traditional exchanges opened, says expert report
TD Securities says "perpetual futures" are exploding beyond crypto as platforms like Hyperliquid outpace traditional Wall Street exchanges on everything from pre-IPO tech stocks to weekend oil trading.

Hyperliquid is beating ethereum in trading volume on some days as big money rotates, says FalconX
Institutional investors are ditching range-bound bitcoin and ether for Hyperliquid as the decentralized platform wins over hedge funds with massive liquidity and early access to hot markets, according to Joshua Lim, head of markets at FalconX.

Franklin Templeton teams up with MoonPay to let big investors swap stablecoins for yields 24/7
The Wall Street giant is integrating its tech platform with MoonPay's infrastructure, allowing eligible institutions to seamlessly swap stablecoins for yield-generating tokenized funds without ever leaving the blockchain.

Live markets: bitcoin loses $67,000 level in Tuesday plunge, putting February's lows back in play
Google overnight set an $80 billion capital raise, including $10 billion from Berkshire Hathaway, reflecting the continuing flood of money headed into AI (and not crypto).

Bitcoin derivatives markets flashing warning signs as price plunges below $70,000
Open interest has risen to 773,000 BTC, one of the highest readings on record, while funding rates remain elevated despite weak spot demand and growing market fear.

Strategy sparked panic with bitcoin sale, but analysts say it was 'immaterial'
The move suggests a greater willingness on the part of Michael Saylor and Strategy to use BTC holdings to support the capital structure, said one analyst, while others disagreed.

Bitmine slows ether purchase pace, buying $53 million worth last week
The Ethereum treasury firm cut weekly purchases by more than 75% after the previous week's 112,000 ETH buying spree.

Live markets: Bitcoin retreats under $72,000 as Strategy unloads BTC for first time in four years
Crypto markets continue to struggle even as risk markets across the globe surge higher.

Hyperliquid could become a ‘financial services juggernaut’ as DeFi expands, says Grayscale
The digital asset manager says Hyperliquid is emerging as a blockchain-based financial infrastructure platform with the potential to expand beyond crypto trading and challenge parts of traditional derivatives and exchange markets.

