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


Markets

Bitcoin stuck near $88,000 as gold's and silver's record-breaking rallies show exhaustion signs

"Gold and silver casually adding an entire bitcoin market cap in a single day," wrote one crypto analyst.

Bitcoin (BTC) price on Jan. 26 (CoinDesk)

Finance

U.S. Marshals investigate claims that son of government contractor stole $40 million of seized crypto

The threat actor was captured on video flaunting millions in crypto allegedly siphoned from U.S. government seizure addresses, later traced back by ZachXBT.

(Photo by Kevin Horvat on Unsplash/Modified by CoinDesk)

Policy

Crypto exchange WhiteBIT flagged by Russia as 'undesirable' over support for Ukraine military

WhiteBIT has actively supported Ukraine's war effort, donating $11 million to military initiatives and processing over $160 million in donations.

Russia stablecoin milestone. (Photo by Artem Beliaikin on Unsplash/Modified by CoinDesk)

Markets

Cathie Wood’s ARK Invest files for two crypto index ETFs tied to CoinDesk 20

One proposed fund will attempt to exactly mimic the CoinDesk 20, but the other would track the index, excluding bitcoin.

Ark Invest CEO Cathie Wood

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Markets

Here are the winners and losers (so far) in bitcoin mining from Nvidia's $2B CoreWeave investment

Nvidia’s deepened partnership with CoreWeave raises pressure on bitcoin miners pivoting to AI infrastructure.

Racks of mining machines.

Markets

Coreweave stock gains 9% on fresh $2 billion Nvidia investment

Already an investor in CoreWeave, Nvidia last September had agreed to purchase $6.3 billion of computing services from the AI infrastructure provider.

CoinDesk

Markets

Strategy purchased $264 million in bitcoin last week, a slowdown from recent acquisition pace

The company’s stack now stands at 712,647 BTC, worth about $62 billion at the current price of $87,500.

Executive Chairman of Strategy Michael Saylor

Markets

Here's what bitcoin bulls are saying as price remains stuck during global rally

It's about a lot more than "zooming out." Supply overhangs and investor "muscle memory" regarding gold help explain bitcoin's poor absolute and relative performance.

Here's what bitcoin bulls are saying as price remains stuck during global rally

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Markets

Bitcoin surges to $91,000, showing signs of life on suspected Bank of Japan intervention

Having earlier breached $100 per ounce for the first time ever, silver has risen to $101, while gold sits just shy of $5,000 per ounce.

CoinDesk

Markets

Crypto custodian BitGo down 12%, falling well below IPO price on second trading day

The company came public at around a $2 billion valuation on Thursday.

BitGo at NYSE. (X/Matt Ballensweig)