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


Finance

Crypto M&A hits record $8.6 billion in 2025 as Trump’s regulatory stance spurs deals

The largest deals of the year included Coinbase's $2.9 billion acquisition of Deribit, Kraken's $1.5 billion purchase of NinjaTrader, and Ripple's $1.25 billion buyout of Hidden Road.

Seed Funding Investment coins in a jar (Towfiqu barbhuiya/Unsplash/Modified by CoinDesk)

Finance

Tensions over El Salvador's bitcoin holdings ease as IMF praises economic progress

The Central American country’s economy is projected to grow 4% this year, the IMF said.

The National Palace in San Salvador, El Salvador.

Markets

Bitcoin slips, crypto stocks suffer steep declines, as tax-loss selling drives action, analysts say

Digital asset treasury companies — the year's worst performers — were also hardest hit on Tuesday.

(CoinDesk)

Markets

JPMorgan’s institutional crypto push could boost rivals like Coinbase, Bullish, analysts say

The Wall Street giant's move — should it come to pass — would further legitimize crypto and increase distribution channels, said ClearStreet's Owan Lau.

(Craig T Fruchtman/Getty Images)

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Finance

Crypto exchange Bybit to restrict access for Japanese users as regulatory pressure mounts

The announcement comes just days after Bybit said it had returned to the U.K.

Close up of the red circle at the center of the Japanese flag. (DavidRockDesign/Pixabay)

Markets

Bitcoin still hasn't hit $100,000 when adjusted for inflation: Galaxy's Alex Thorn

The crypto merchant bank's head of research said bitcoin's price in 2020 dollar terms peaked out this year at $99,848.

(Unsplash)

Markets

Bitcoin bulls eye possible tailwind as U.S. dollar index continues to leg lower

Metals and other hard assets continue their surge to new records as the greenback stumbles, but crypto has not responded.

CoinDesk

Markets

XRP holders can now earn yield without selling their tokens

Flare's earnXRP is a simple way to put tokens to work while staying fully exposed to XRP's price action.

Digitally altered photo of a dollar bill (Ryan Quintal/Unsplash, Modified by CoinDesk)

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Markets

Polkadot's DOT slips 4.5% as token underperforms wider crypto markets

DOT is facing pressure as it tries to retake the $1.76 support/resistance level.

"Polkadot Climbs 0.79% to $7.66, Testing Key Resistance Amid Muted Institutional Interest"

Markets

BNB slips toward $850 as market pullback weighs on token

The decline comes as bitcoin sank back to $87,000 in Tuesday trade.

"BNB Falls 1.7% to $849 Amid Market Cap Pressure, XRP Gains Ground"