Alex Benfield

Alex Benfield is the Editor of Crypto Investing Daily and has been researching, analyzing, and investing in all things cryptocurrency for over 7 years now. Alex began his personal cryptocurrency investments in 2017 and officially started his crypto career in 2018 as an analyst at Digital Assets Data, a crypto data company. He spent 2020-2023 working as a co-editor and analyst for Weiss Ratings where he co-managed multiple portfolios of crypto blue-chips with sprinkles of exciting altcoin investments. Alex’s trading style hinges on long term momentum based swing trades that capitalize on the crypto markets massive volatility and price swings between bull and bear markets. 

 

In addition to trading and investing in cryptocurrency Alex is also a golfer, skier, and avid boatsman. Alex is also a dual citizen of Brazil and the United States and he has a penchant for travel. He has been to many different countries in Central and South America as well as Europe, with Japan next up on the list of countries to travel to.

Analyst Articles

Data, Data, Data… Plus Crypto and Cannabis!

Katherine Beem
March 15, 2024

Happy Friday, dear readers! This week certainly buzzed by quickly — probably because of all the goings on in the world and markets. Let’s get to it! This Week’s Data Dump There was plenty of data on the state of the U.S. economy released this week. In particular, economists were eyeing the Producer Price Index (PPI) February report from the Bureau of Labor Statistics (BLS), as well as the Census Bureau’s retail sales report for last month. First, the PPI, which measures the prices producers of goods and services receive. These aren’t the prices that… Read More

Happy Friday, dear readers! This week certainly buzzed by quickly — probably because of all the goings on in the world and markets. Let’s get to it! This Week’s Data Dump There was plenty of data on the state of the U.S. economy released this week. In particular, economists were eyeing the Producer Price Index (PPI) February report from the Bureau of Labor Statistics (BLS), as well as the Census Bureau’s retail sales report for last month. First, the PPI, which measures the prices producers of goods and services receive. These aren’t the prices that consumers pay; rather, they’re the wholesale prices. The PPI can be a good indicator of future consumer prices because it measures upstream costs. If the PPI runs high, we can expect consumer prices — such as those measured by the Consumer Price Index (CPI) — to be higher in the near future. Anyway, the BLS reported that the PPI rose by 0.6% last month. That’s higher than the 0.3% analysts had been expecting, according to Dow Jones. It’s also higher than the 0.3% uptick recorded for January. On a year-over-year basis, the PPI jumped by 1.6%. Read More

Mid-March 2024 Crypto Market Update

Alex Benfield
March 15, 2024

The crypto market is scorching hot so far in 2024. What can we expect from the market leaders moving forward and are we still bullish? Read More

The crypto market is scorching hot so far in 2024. What can we expect from the market leaders moving forward and are we still bullish? Read More