Latest from Stephen Alpher
Bitcoin in Stasis Below $27K Ahead of Powell Speech
U.S. Federal Reserve Chairman Jerome Powell will speak late Friday morning at the "Perspectives on Monetary Policy" panel before the Thomas Laubach Research Conference.

Bitcoin Drops Below $27K as Investors Continue to Weigh Debt Ceiling Talks, Regulatory Actions
Early morning gains for the crypto were quickly erased in Thursday afternoon trading.

Coinbase Officially Opens Subscription Service; Expands Reach Outside U.S.
Coinbase One is now out of beta and includes the U.K., Germany and Ireland, in addition to the U.S.

Coinbase Says it 'Screwed Up' Pepecoin Coverage in Its Newsletter
The crypto exchange set off a kerfuffle by describing the Pepe the Frog meme as having been co-opted as a hate symbol by alt-right groups.

U.S. CPI Inflation Falls to 4.9% in April; Bitcoin Rises Above $28K
The Federal Reserve last week suggested it could pause its long series of rate hikes even as inflation remains well above its 2% target.

Marathon Teams Up With Abu Dhabi's Zero Two for Middle East's First Large-Scale Immersion-Cooled Bitcoin Mining
The U.S.-based miner is partnering with Abu Dhabi-based Zero Two, a digital assets infrastructure development company focused on supporting the power grid of that Middle Eastern capital.

U.S. Adds 253K Jobs in April, Topping Expectations for 180K; Bitcoin Falls
The unemployment rate fell to 3.4% versus forecasts for a slight rise to 3.6%.

Block’s Q1 Bitcoin Revenue Rises 18% From Q4, Gains 25% From a Year Ago
The company booked $50 million in bitcoin gross profit in the first quarter..

Bitcoin Rises as Latest Teetering U.S. Bank Sends Traders to Crypto Haven
California-based PacWest Bancorp is weighing strategic options, according to Bloomberg.

Federal Reserve Raises Fed Funds Rate by 25 Basis Points, Signals Possible Pause
This latest move comes as the U.S. central bank battles stubbornly high inflation while dealing with a string of high-profile bank failures.

