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

Kalshi Joins Polymarket in Unicorn Club With Latest Fundraise: Report

Kalshi has raised$185 million at a valuation of $2 billion, according to a release.

Kalshi will have a prediction contract weighed by the Commodity Futures Trading Commission. (Jesse Hamilton/CoinDesk)

Markets

Bitdeer Raises $330M Via Convertible Note Sale

The deal secures 4.875% in five-year debt with a 44% conversion premium.

Bitdeer (Credit: Bitdeer)

Finance

GameStop Has Another $2.7B in Bitcoin Buying Power After $450M Greenshoe Exercise

The underwriters exercised their option to buy another $450 million of GME's $2.25 billion mid-June convertible debt offering.

(Michael M. Santiago/Getty Images)

Markets

Coinbase Is the Most Misunderstood Business in Crypto, Says Analyst With Highest Wall Street Price Target

The leading U.S. digital asset exchange is cementing its role as crypto’s universal bank, the Wall Street bank's analyst team said.

Coinbase cryptocurrency exchange app on smartphone (Chesnot/Getty Images)

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Finance

Tokenized Shares in Elon Musk's SpaceX Coming From Republic: WSJ

Future token launches could include those on shares of OpenAI and Anthropic, according to the report.

SpaceX rocket launching into space (SpaceX/Unsplash)

Markets

XRP Primed for Record Rally, Echoing Bullish Bitcoin Pattern Ahead of $100K Breakout

The current XRP market situation mirrors bitcoin's chart before its late 2024 surge from $70,000 to $100,000.

A space shuttle takes off on the back of a rocket. (WikiImages/Pixabay)

Finance

Newest 'Star' in Sky Ecosystem Launches With $1B Tokenized Credit Strategy

Grove will receive a $1 billion allocation from DeFi lending giant Sky to invest in tokenized collateralized loan obligations.

Digitally altered photo of a dollar bill (Ryan Quintal/Unsplash, Modified by CoinDesk)

Markets

Hut 8 Doubles Bitcoin-Backed Loan With Coinbase to $130M, Locks in Lower Rate

The amended facility adds $65 million in capital availability and trimmed the interest rate to 9%.

An Antminer bitcoin mining machine pictured in 2018. (Carlos Becerra/Bloomberg via Getty Images)

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Markets

Chainlink's LINK Surges 13% as Mastercard Partnership Fuels Rally Amid Crypto Recovery

LINK momentum indicators suggest continued bullish sentiment with potential for further upside.

LINK price on June 24 (CoinDesk)

Markets

Filecoin Surges 14% as Crypto Continues Gains on Middle East Ceasefire

FIL's price action has formed a clear uptrend with higher lows and higher highs.

Filecoin rallies 14%