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

Flare Lands Second Public Company for Its XRP DeFi Framework

Combined with Firelight, Flare’s restaking layer, the setup lets companies convert XRP into FXRP and allocate it across decentralized lending, staking and liquidity protocols.

Rolls of dollar bills of varying denominations. (NikolayFrolochkin/Pixabay)

Markets

Bitcoin Hammered Below $109K as Conference Indicator Strikes Again

Negative price action around the annual U.S.-based Bitcoin Conference has been well-documented, but it also appears to have applied to this week's Bitcoin Asia get-together.

Ether has fallen below a key bull market trendline.  (Eva Blue/Unsplash)

Markets

Bitcoin Miner IREN's AI Push Gains Momentum, Price Target Hiked 60% to $37: Canaccord

The broker noted IREN's recent designation as an NVIDIA preferred partner, which came almost simultaneously with the announcement of the purchase of an additional 2,400 GPUs.

Bitcoin mining machines

Markets

AMBTS Raises $23.2M to Build Bitcoin Treasury, Targets 1% of BTC in Circulation

The Amdax-backed initiative sets sights on Euronext listing; The founder of bitcoin miner Hut 8 is among the investors.

Windmills in Amsterdam. Credit: Shutterstock

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Markets

Bitcoin Remains Under Pressure as Gold Quietly Targets New Record High

Gold climbed nearly another 1% on Thursday to just below $3,500 per ounce.

Close-up of stacked gold bars. (Jingming Pan/Unsplash)

Markets

Polkadot's DOT Returns to $3.90 Support After Earlier Gain

Support has formed in the $3.90-$3.91 zone, with resistance at $4.02.

Paraguay's $6M Polkadot Investment Spurs 2% DOT Price Gain Amid Institutional Accumulation

Markets

BONK Jumps 4% as Institutional Activity Signals Growing Solana Confidence

Institutional capital and Solana ecosystem growth fuel optimism for memecoin utility.

BONK, Aug. 28 2025 (CoinDesk)

Finance

Startup M0 Raises $40M Series B as VCs Pile Into Stablecoins: Report

M0, which has now raised almost $100 million in capital do far, declined to disclose its valuation in the funding round

Scattered pile of $1 bills (Gerd Altmann/Pixabay)

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Markets

Nvidia Shares Edge Lower After Earnings Beat; Cryptocurrencies Little-Changed

Bitcoin and other cryptos showed some volatility, but were mostly flat in the minutes following the report.

CoinDesk

Markets

Cardano Gains 2%, Shrugs Off ETF Delay

ADA rallied to $0.87 on surging volume, ignoring the SEC’s pause on Grayscale’s ETF and hinting at institutional interest.

Cardano’s ADA token climbed 3% to $0.87 in the past 24 hours, according to CoinDesk Analytics data.