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

Canaan to Exit AI Chip Business, Double Down on Bitcoin Mining Amid Realignment

Prior to the decision, the company said it had actively explored options for selling the AI chip business.

Canaan's new Avalon 1266 model at the Bitcoin 2022 conference. (Aoyon Ashraf/CoinDesk)

Markets

Tokenized Shares of Solana Treasury Company Defi Dev Coming to Kraken

The company has claimed the bragging rights of becoming the first U.S.-listed crypto treasury firm with on-chain equity on Backed's xStocks launch with Kraken.

Kraken on phone (PiggyBank/ Unsplash)

Markets

Cardone Capital Adds 1,000 BTC, Eyes 3,000 in Bold Bitcoin Strategy

The real estate mogul integrated $100 million in BTC into his firm's balance sheet, eyeing more crypto-backed growth.

Grant Cardone (Cardone Capital)

Finance

Fiserv Joins Stablecoin Fray, Teaming Up With Circle, Paxos, PayPal for Launch on Solana

The Fortune 500 fintech provider plans to roll out its digital asset platform with U.S. dollar stablecoin FIUSD to 10,000 institutions and 6 million merchants.

U.S. dollar (Unsplash, modified by CoinDesk)

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Finance

5G Chipmaker Sequans Joins the Bitcoin Treasury Strategy Rush

Shares of the Paris-based company are higher by 14% in premarket New York action.

Telecom pylon

Tech

Norway Plans Ban on New Crypto Mining Data Centers to Preserve Power

Facing surging electricity demand from other sectors, Norway’s government said it will temporarily ban new proof-of-work crypto mining centers starting in autumn 2025.

Norway Oslo

Markets

Strategy Added 245 Bitcoin to Holdings Last Week

The modest $26 million purchase was funded with preferred share sales.

Strategy Executive Chairman Michael Saylor standing. (Nikhilesh De/CoinDesk))

Markets

Spot Crypto ETF Filings for XRP, SOL, DOGE Among Those With Overwhelming SEC Approval Odds: Bloomberg

Of all pending crypto ETFs before the U.S. markets regulator, only SUI faces less than a 90% chance of approval.

ETF (viarami/Pixabay)

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Markets

Bitcoin Quickly Plunges Below $103K, With Volatility Burst Spurring $450M in Crypto Liquidations

The sharp reversal from above $106,000 wiped out early optimism, with bulls and bears mostly continuing in a stalemate.

Bitcoin price on June 20 (CoinDesk)

Markets

Semler Scientific Investors Cheered by New Hire, Lofty Bitcoin Acquisition Goals

The company's roughed-up shares are higher by 14% in a down market following the late-Thursday announcements.

Handshake (Credit: Rock Staar, Unsplash)