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

Bernstein Hikes Bitcoin Miner Targets as AI Infrastructure Play Continues to Gain Momentum

Wall Street broker Bernstein said bitcoin miners are fast becoming an essential part of the AI value chain.

Racks of mining machines.

Markets

IREN Soars 30% After Inking $9.7B AI Cloud Deal With Tech Giant Microsoft

The deal is indicative of how miners’ once-volatile hardware fleets are increasingly viewed as strategic compute assets, bridging the gap between blockchain and AI.

Racks of mining machines.

Markets

'Bitcoin's Silent IPO': Analyst Addresses BTC's Lame Price Action in Viral Weekend Essay

Wildly successful ETFs, accelerating institutional adoption and friendly regulatory policy, yet bitcoin watches from the sidelines as other assets surge. What gives?

Patience

Markets

Satoshi's Bitcoin Whitepaper Turns 17: From Cypherpunk Rebellion to Wall Street Staple

Once envisioned as peer-to-peer cash, Bitcoin’s journey reflects both mainstream triumph and existential tension.

The Bitcoin Whitepaper by Satoshi Nakamoto (Jonathan Borba/Unsplash, modified by CoinDesk)

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Markets

Chainlink's LINK Bounces 3.6% From Lows; Stellar Integration Expands RWA Reach

Stellar is integrating Chainlink’s CCIP, Data Feeds, and Streams to enable tokenized asset flow across chains.

Chainlink (LINK) price (CoinDesk)

Finance

Tether Profits Topped $10B in First Nine Months of Year; Starts Share Buyback Program

The stablecoin issuer saw strong growth in the third quarter, reporting a $17 billion increase in circulating USDT and $135 billion exposure to U.S. Treasuries.

Tether USDT (CoinDesk)

Markets

Filecoin Rises Over 4%, Rebounding From Thursday's Drop

FIL has support at the $1.48 level and resistance at $1.52.

"Filecoin Rises 2% to $1.51 with Institutional Accumulation Amid Storage Sector Uncertainty"

Markets

Core Scientific Upgraded to Outperform Following Failed CoreWeave Merger: Macquarie

The bitcoin miner turned AI infrastructure play has more than 50% upside, said the bank.

Core Scientific's Marble facility in North Carolina. (Core Scientific)

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Finance

Brazil’s OranjeBTC Joins Wave of Struggling Crypto Treasury Firms Turning to Buybacks

The move is part of a growing trend among DAT companies, including ETHZilla, Metaplanet, Sequans, and Empery Digital.

(Midjourney/Modified by CoinDesk)

Markets

Inflation Still Too High — Fed's Jeff Schmid Explains His Vote Not to Cut Rates This Week

The Kansas City Fed President said lower rates can't do a lot to improve what he calls "structural changes" in the labor market.

Federal Reserve logo highlighted on a U.S. banknote (joshua-hoehne/Unsplash/Modified by CoinDesk)