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


Tech

Live updates: Bitcoin slips back to $77,000 after challenging $80,000 overnight

Spot bitcoin ETFs pulled in $606 million on Aug. 20 and ether funds $221 million, both bigger than the prior day, confirming the institutional bid behind bitcoin's run.

CoinDesk placeholder image

Markets

Bitcoin pushes past $75,000 as rally continues.

"Bears in pain, right now," wrote bitcoin analyst James Check.

CoinDesk placeholder image

Markets

Treasury buybacks could set up bitcoin’s next move toward $180,000, says strategist

Longtime bond market investor Mark Connors sees routine government bond buybacks improving liquidity and bringing bitcoin’s next rally closer.

(Chip Somodevilla/Getty Images)

Tech

Live updates: Bitcoin extends gains as Bessent suggests more Treasury intervention

Markets seem likely to test the resolve of Treasury Secretary Scott Bessent's desire to lower long-term government bond yields.

CoinDesk placeholder image

Advertisement

Finance

Beyond crypto funding rates: Ethena diversifies USDe backing with $1 billion FalconX facility

The warehouse facility gives Ethena another source of returns for the assets backing USDe while channeling onchain capital into overcollateralized institutional loans.

Ethena CEO Guy Young (right) with Aave Labs founder Stani Kulechov (Margaux Nijkerk/ CoinDesk)

Markets

Bitcoin is flashing 8 of 12 capitulation signals, but bottom's not yet in, says VanEck

Similar setups have historically produced below-average 90-day and 180-day bitcoin returns, said the asset manager.

Calculator in front of multiple trading screens. (Unsplash)

Markets

Live updates: Bitcoin and gold jump but rejected at key level as Treasury move pushes yields lower

Led by Scott Bessent, the U.S. Treasury announced at least a doubling in the size of its long-dated bond buybacks.

CoinDesk placeholder image

Finance

Wyoming joins $15 billion LayerZero exodus with state stablecoin move

This is the first time a U.S. government entity has publicly replaced its blockchain infrastructure specifically on security grounds.

Wyoming state capital (Pete Alexopoulos/Unsplash)

Advertisement

Markets

Global bond yields surge as debt fears test bitcoin’s hedge narrative

Long-term borrowing costs are reaching multi-decade highs as U.S. debt approaches $40 trillion and AI hyperscalers accelerate bond issuance.

US 30 Year Treasury Yield (TradingView)

Finance

Japan's Metaplanet launching U.S. bitcoin treasury company through $135 million nanocap deal

The deal involves Metaplanet contributing 2,100 bitcoin and $2.5 million in cash, valuing the initial investment at $134.6 million.

Japan flag in front of a building (Roméo A./Unsplash)