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

Solana’s 'Alpenglow' upgrade could arrive next quarter, co-founder Yakovenko says

Speaking at Consensus Miami 2026, the Solana co-founder said that he is excited to see 'Alpenglow' upgrade go live later this year, which could come as early as next quarter.

Solana co-founder Anatoly Yakovenko @ Consensus Miami 2026 (CoinDesk)

Finance

Western Union’s Solana-based stablecoin could reshape its payment model, analyst says

Western Union launched USDPT, a dollar-backed stablecoin on Solana, issued by Anchorage Digital Bank, for 24/7 settlement with agents and partners.

Western Union (appshunter.io/Unsplash)

Finance

Figure targets Fannie Mae and Freddie Mac in mortgage push, citing massive cost cuts for borrowers

The firm offers rapid service, targeting the sub-$300,000 loan segment, with HELOC applications approved in 5 minutes and funding in 3 days.

Mike Cagney at Consensus Miami 2026

Policy

Ripple CEO Brad Garlinghouse says Clarity better than chaos as Senate hits key moment

The crypto market structure Clarity Act needs to get to its next step, a Senate hearing, this month to have a reasonable chance, Garlinghouse said.

Ripple CEO Brad Garlinghouse, Consensus 2026 in Miami

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Markets

Wall Street warns human-built markets can’t keep up with machine-speed trading

Legacy financial systems face pressure as tokenization and real-time trading push markets toward always-on, automated infrastructure, panelists at Consensus in Miami said on Tuesday.

Consensus Miami 2026

Finance

Crypto's value is from being outside regulatory apparatus, says Arthur Hayes

All that matters for bitcoin’s value proposition is fiat liquidity, said Arthur Hayes, CIO of Maelstrom, at Consensus Miami 2026.

Arthur Hayes Consensus Miami 2026

Finance

Consensus Miami Day 1: Real-time coverage and highlights from on the ground

Consensus Miami 2026 launched on Tuesday. Stay tuned for updates throughout the day.

Consensus Miami 2026 Mainstage

Markets

State Street and Galaxy launch tokenized fund to bring cash management onchain

The fund lets institutions earn yield on stablecoins while moving cash onchain with round-the-clock access.

State Street, State Street Corporation

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Markets

K Wave Media scraps massive bitcoin treasury plan to redirect $485 million to AI

The Nasdaq-listed firm raised $500 million to invest in bitcoin. Less than a year later, it is chasing the market's current hot sector of AI.

Digital representation of a physical bitcoin.

Tech

Bitcoin's 'hazardous' airdrop: Why developers are warning against Paul Sztorc’s eCash fork

Developers and industry figures say the eCash proposal introduces user risk, uneven distribution and philosophical tension.

Bitcoin (CoinDesk)