Stephen Alpher

Stephen is CoinDesk's managing editor for Markets. He previously served as managing editor at Seeking Alpha. A native of suburban Washington, D.C., Stephen went to the University of Pennsylvania's Wharton School, majoring in finance. He holds BTC above CoinDesk’s disclosure threshold of $1,000.

Stephen Alpher

Latest from Stephen Alpher


Policy

Senator Tim Scott says market structure negotiations are advancing

The South Carolina Republican said he might see a draft of stablecoin yield language as soon as this week, and other issues continue to be negotiated.

CoinDesk

Markets

Bitcoin's rally faces key hurdle with Wednesday's Fed meeting

Hot PPI inflation data in the morning and hawkish remarks by Powell in the afternoon would be the most damaging combination for risk assets, including crypto, Bitfinex analysts said.

Federal Reserve Chair Jerome Powell

Markets

Strategy’s latest massive bitcoin purchase offers insight into its evolving funding model

A $1.18 billion preferred stock raise, roughly equivalent to 16,800 BTC, signals a shift away from common stock as dividend obligations top $1 billion.

Strategy Executive Chairman Michael Saylor at the Digital Asset Summit in New York City on March 20, 2025. (Nikhilesh De)

Markets

Robinhood’s new venture fund just snapped up stakes in Stripe and ElevenLabs

The closed-end fund aims to give everyday investors exposure to private firms before they go public.

Robinhood logo on a screen

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Markets

'Gensler and Biden were just better for crypto,' says Tally CEO as DAO governance platform shuts down

End of DAOs? Firm behind Uniswap and Arbitrum governance says easing regulation made decentralization optional

CoinDesk

Finance

Crypto trading firm GSR expands token advisory with $57 million in acquisitions

The firm, best known for being one of the oldest crypto market makers, acquired Autonomous and Architech to combine token launch services, trading and treasury management tools.

The cuts came in the third quarter. (Danny Nelson/CoinDesk)

Finance

U.S. regional banks building tokenized deposit network on ZKsync to rival stablecoins

The Cari Network is targeting a 2026 rollout as banks test issuance, transfers and redemption of digital deposits. Participating banks include Huntington Bancshares, First Horizon, M&T Bank, KeyCorp and Old National Bancorp.

M&T Bank in Buffalo, NY (Wikipedia)

Finance

Ripple looks to expand crypto and payment services in Brazil

The blockchain firm is adding custody, payments and brokerage tools for digital asset management and tokenization as it plans to apply for regulatory approval from the central bank.

Brad Garlinghouse at DC Fintech Week (Jesse Hamilton/CoinDesk)

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Markets

Citigroup cuts BTC and ETH targets as U.S. crypto legislation stalls

The Wall Street investment bank cited slower ETF flows, weak network activity and a narrowing window for U.S. regulatory catalysts.

(Photo by Kanchanara on Unsplash/Modified by CoinDesk)

Policy

Argentina joins growing list of countries blocking Polymarket access

The ruling directs internet providers to block access to the site, and Apple and Google to remove or restrict Polymarket's mobile apps.

Flag of Argentina (Angelica Reyes/Unsplash/Modified by CoinDesk)