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

Strategy pauses bitcoin buys, boosting cash reserve by $748 million last week

Led by Executive Chairman Michael Saylor, the company raised the funds entirely by sales of common stock.

Michael Saylor

Markets

Bitcoin reclaims $90,000, but risk of U.S. trading day awaits

Futures open interest rose steadily as BTC pushed higher, climbing toward $60 billion across major venues.

Red traffic signal. (GoranH/Pixabay)

Tech

Bitcoin isn’t under quantum threat yet, but upgrade could take 5-10 years

Even if quantum machines capable of breaking Bitcoin’s cryptography are decades away, the work required to update software, infrastructure and user behavior would be measured in years, not months.

Quantum Computing Room

Markets

Fed’s Hammack tilts hawkish on rates, questions CPI drop as distorted

"My base case is that we can stay here for some period of time," Cleveland Fed President Beth Hammack told the WSJ.

Beth Hammack

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Markets

Fidelity's Jurrien Timmer: Expect lame 2026 as four-year bitcoin cycle appears intact

The director of global macro at the asset management giant remains a secular bull on bitcoin, but isn't optimistic about the next year.

Crypto winter has surely arrived. (MARCO BOTTIGELLI_/Getty images)

Markets

BlackRock's Bitcoin ETF racks up $25 billion in yearly inflows despite BTC price slump

"If you can do $25 billion in bad year, imagine the flow potential in good year," said Bloomberg's Eric Balchunas

U.S. sport XRP ETFs have recorded only inflows since their launch.

Policy

The UK’s crypto rulebook is finally taking shape

A long-awaited crypto regime in the U.K. is moving from theory to execution, even if firms must wait until 2027 for full clarity.

Big Ben in the UK (Heidi Fin/Unsplash/Modified by CoinDesk)

Markets

Bitcoin gets 'base case' price target of $143,000 at Citigroup

The Wall Street bank said its bitcoin forecast relies on further crypto ETF inflows and a continued rally in traditional equity markets.

Bitcoin (TheDigitalArtist/Pixabay)

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Markets

Bitcoin battles $89,000 price ceiling as bulls try to break U.S. sell pattern

Bitcoin bulls are putting up a fight on Friday to break this week's choppy action that has capped all advances at around $90,000.

Bitcoin (BTC) price on Dec. 19 (CoinDesk)

Markets

Citi is still a believer in crypto stocks despite bitcoin being rocked to end the year

Circle remains the bank's top pick in the sector, with Bullish and Coinbase following.

Wall street signs, traffic light, New York City