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


Finance

NEAR Launches Near.com super app, touting AI capabilities and confidential transactions

The company is betting that the next big wave in crypto will come from its convergence with AI.

NEAR co-founder Illia Polosukhin (Margaux Nijkerk/ CoinDesk)

Finance

Kraken’s co-CEO could trust AI with 100% of his crypto — Dragonfly’s Haseeb Qureshi isn’t convinced

At NEARCON 2026, Dragonfly’s Haseeb Qureshi and Kraken co-CEO Arjun Sethi delivered a sharp debate over how soon those agents can be trusted with real money.

Dragonfly Managing Partner Haseeb Qureshi and Kraken co-CEO Arjun Sethi @ NEARCON 2026 (Margaux Nijkerk/ CoinDesk)

Markets

Crypto suffers deeper declines as AI fears send IBM plunging 11%

Artificial intelligence company Anthropic announced that its Claude platform can streamline COBOL code, a key profit center for IBM.

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

Finance

Solana Company starts building high-speed infrastructure to prepare SOL for next 'super cycle'

The initiative targets institutional demand across Asia-Pacific, offering DeFi tools, liquid staking, and execution services designed for traditional finance firms entering the crypto space.

Solana portfolio shown on a laptop (Amjith S/Unsplash)

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Markets

Bitcoin rebound fades as software and private equity rout drags stocks and crypto lower

Crypto has been nearly perfectly correlated with a key software sector ETF, and that gauge has tumbled another 5% Monday to a new 52-week low.

Bitcoin (BTC) price on Feb. 23 (CoinDesk)

Markets

Anthony Pompliano led Procap Financial dips toe into buybacks

The company, which has raised more than $750 million from investors, repurchased about $350,000 worth of its stock.

Anthony Pompliano. (CoinDesk)

Finance

BitMine Immersion added $98 million of ether last week as losses balloon to more than $8 billion

Tom Lee's Ethereum-focused firm continues buying into the crypto market weakness, now 4.42 million ETH tokens, or about 3.66 percent of the total supply.

Thomas Lee, chairman of BitMine and CIO of Fundstrat, on the main stage during Consensus Hong Kong 2026 (David Paul Morris/Consensus, modified by CoinDesk)

Finance

U.S. Treasury may boost T-Bill issuance as stablecoins eye $2 trillion market cap: StanChart

The bank said stablecoins may generate up to $1 trillion in fresh Treasury bill demand by 2028, allowing the government to ramp up issuance and suspend 30-year bond auctions.

The U.S. Treasury Department. (Jesse Hamilton/CoinDesk)

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Finance

Pantera leads $11.5M round in Based, a Hyperliquid-powered crypto app

The company said the fresh capital will be used to expand into new markets and build out its onchain financial infrastructure.

Paul Veradittakit of Pantera Capital at Consensus Hong Kong 2026 (CoinDesk)

Markets

Mexican billionaire Ricardo Salinas remains bullish on bitcoin after plunge

Salinas has previously said he has 70% of his liquid assets in bitcoin.

Trading screen with price monitors and charts (Yashowardhan Singh/Unsplash)