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

Circle Dips 6% After Hours on 10M Share Secondary Offering

Coming roughly two months after the company's blazing stock market debut, insiders are accounting for 8 million of the 10 million shares being sold.

Circle's logo and name (Sandali Handagama/ CoinDesk)

Markets

LINK Surges 10% as Chainlink Reserve, ICE Partnership Fuel Explosive Rally

LINK gained 42% over the past week, the most among the top 50 cryptocurrencies by market capitalization.

"Chainlink (LINK) Surges 10% in Explosive Rally Driven by Whale Accumulation and Institutional Adoption"

Finance

Coinbase Revives Stablecoin Funding Program to Bolster DeFi Liquidity

The fund placements, managed by Coinbase's asset management arm, begin on Aave, Morpho, Kamino and Jupiter, with broader rollouts planned.

Coinbase (appshunter.io/Unsplash)

Markets

Ether Pumps to 5-Year High of $4.47K Alongside Tom Lee's Massive ETH Treasury Bet and Fed Rate Cut Hopes

While inflation remains stubbornly high, Tuesday's CPI report reinforced market bets for a September Federal Reserve rate cut.

Ether rose 5% over the past 24 hours to a level not seen since December 2021.

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Markets

BONK Slides 6% to Test Key Support

The Solana-based meme token saw heavy selling before late buying lifted prices off intraday lows

BONK-USD, Aug. 12 2025 (CoinDesk)

Markets

BNB Climbs Above $810 as Buyers Target $815 Resistance

BNB’s price action, characterized by continued buying and retests of support levels, suggests potential institutional accumulation.

BNB price (CoinDesk Data)

Markets

Bitcoin Profit Taking Appears Modest Even Near All-Time High

Glassnode data shows long-term holders driving realized profits, while overall selling remains subdued, signaling potential for further gains.

CoinDesk

Finance

Tom Lee's BitMine Immersion Aims to Raise as Much as $20B for More ETH Buys

The company already owned about $5 billion worth of the world's second-largest crypto.

Screenshot of Tom Lee on CoinDesk TV (CoinDesk)

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Markets

U.S. July CPI Rose Softer Than Forecast 2.7%, but Core Rate of 3.1% Disappoints

The data was mixed, but nevertheless isn't likely to lessen the case for a September Fed rate cut.

Two paper carrier bags of fresh fruit and baked products. (Maria Lin Kim/Unsplash)

Policy

Terra's Do Kwon to Change 'Not Guilty' Plea in US Fraud Case

Do Kwon previously had pleaded "not guilty" to multiple fraud charges earlier this year.

CoinDesk