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


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Decentralized Finance and Tokenization Growth Still Disappoints: JPMorgan

Total value locked (TVL) in DeFi remains below 2021 highs, the report noted.

Lending money, bills on a person's hands (Christian Dubovan/Unsplash)

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Ripple to Buy Stablecoin Payments Firm Rail for $200M to Boost RLUSD

The Rail acquisition is a way for Ripple to delve deeper into the fast-growing stablecoin ecosystem after launching its RLUSD stablecoin

Ripple CEO Brad Garlinghouse at Korea Blockchain Week. (Parikshit Mishra/CoinDesk)

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Michigan’s State Pension Boosts Bitcoin ETF Stake, Signaling Cautious Confidence in Crypto's Future

The State of Michigan Retirement System disclosed ownership of 300,000 shares of the ARK Bitcoin ETF as of June 30, or about $11.3 million worth at current prices.

Lansing, capital of Michigan. (justcade95/Unsplash)

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DeFi Cheers as SEC Affirms Liquid Staking Protocols Aren’t Securities

The SEC’s new guidance on liquid staking boosts governance tokens like LDO and RPL, while TVL across protocols holds steady at $67 billion.

(Nikhilesh De/CoinDesk)

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Bitcoin Realized Prices Climb as Investors Continue Accumulating

All key cost basis models are trending higher, reinforcing strong on-chain support and investor confidence.

CoinDesk

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Polygon Holds 3% Advance, Outperforming Broader Market

POL surged in early U.S. trading amid above-average volume, but selling pressure capped gains.

Polygon rose 9% in early U.S. morning trading hours from $0.206 to $0.225 before selling emerged in the afternoon, CoinDesk Analytics data shows.

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PEPE Sinks 32% From July High as Traders Capitulate on Tariff Jitters

PEPE lost nearly 4% of its value in 24 hours amid a broader market sell-off, with its price falling from $0.00001083 to $0.00001002.

PEPE price index (CoinDesk Data)

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Does the Fed Need to Cut Now? Bitcoin Crumbles Back Below $113K After ISM Services PMI

A stalwart in showing strong economic activity, the ISM Services PMI has moved notably slower over the past three months.

(Getty Images)

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Galaxy Digital Slips 8% Post-Earnings as Investors Take Profits Following Big Run Higher

Helmed by CEO Mike Novogratz, the firm secured the entire 800MW of HPC capacity at Helios after CoreWeave exercised its final option.

Mike Novogratz, Galaxy founder and CEO, speaks at Consensus 2024

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Bitcoin Treasury Firm Semler Scientific Still Has 3X Upside: Benchmark

Investors are giving no credit for the company's deliberate approach to adding additional bitcoin, said analyst Mark Palmer.

Trading screens (TheDigitalArtist/Pixabay)