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

Gemini Targets XRP Army With New Credit Card, Expands Ripple USD Use for U.S. Customers

Making preparations to go public, the firm — founded by the Winklevoss twins — is ramping up offerings.

Cameron and Tyler Winklevoss at the White House on July 18, 2025. (Jesse Hamilton/CoinDesk)

Finance

BitMine's ETH Holdings Top 1.7M Tokens, With $562M of Buying Power Remaining

The firm's crypto and cash holdings rose to nearly $9 billion at one point Sunday prior to the plunge in crypto prices.

Screenshot of Tom Lee on CoinDesk TV (CoinDesk)

Markets

Michael Saylor's Strategy Added 3,081 Bitcoin, Bringing Stack to Nearly 632.5K

The purchases last week were made at an average price of $115,829 each and mostly funded via sales of common stock.

Strategy Executive Chairman Michael Saylor in 2021 (Photo by Joe Raedle/Getty Images)

Markets

ETHZilla Shares Plunge Almost 30% as Dilution Fears Overshadow $349M Ether Treasury

The rebranded crypto treasury firm disclosed a 74.8M share offering, sparking concerns even as it holds more than 82,000 ETH and $238M in cash.

Ether price chart on a smartphone screen (Cedrik Wesche/Unsplash)

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Markets

Powell Puts September Rate Cut in Play; Bitcoin Pushes Higher

The Fed chair, perhaps surprisingly, took a dovish tone in his remarks at Jackson Hole.

Federal Reserve Chair Jerome Powell dons reading glasses prior to Wednesday's press conference. (Federal Reserve, modified by CoinDesk)

Finance

Japan's SBI Holdings Joins Tokenized Stock Push With Startale Joint Venture

The financial conglomerate is building a blockchain platform for tokenized assets with Startale, the blockchain development firm that build Soneium with Sony.

Tokyo, Japan (Jaison Lin/Unsplash)

Finance

State Street Expands Custody to Tokenized Debt on JPMorgan’s Blockchain Platform

The inaugural transaction State Street anchored was a $100 million digital commercial paper issuance by OCBC.

State Street building in London (Danny Nelson/CoinDesk)

Finance

Victim Loses $91M in Bitcoin in Social Engineering Scam: ZachXBT

A fraudster posing as a hardware wallet support agent tricked the target into handing over wallet credentials.

Under a low-light red lamp, a pair of hands types on a keyboard. (Wesley Tingey/Unsplash+)

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Markets

Fed's Hammack Says 'No' to Rate Cut; Bitcoin Slips to Session Low Below $113K

The data currently on hand does not support the case for lowering interest rates, said the president of the Cleveland Fed.

Beth Hammack

Markets

Stablecoin Market Could Hit $1.2T by 2028, Maybe Affecting U.S. Government Debt Yields: Coinbase

The target translates to stablecoins growing almost five-fold from the current market size of $270 billion.

Coinbase (appshunter.io/Unsplash)