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

Bitcoin's plunge signals coming AI crisis, but massive Fed response will drive new record high: Arthur Hayes

The rise of artificial intelligence is likely to displace millions of workers in quick order, triggering sizable credit defaults, said Hayes.

Arthur Hayes (CoinDesk)

Finance

Tokenized pre-IPO shares topic ignites legal debate at Consensus Hong Kong 2026

Ultan Miller touts a blockchain-based pre-IPO index, while critics warn unauthorized equity tokenization risks legal and investor fallout.

Hecto Finance's Ultan Miller. (Photo by Olivier Acuna/Modified by CoinDesk)

Tech

From 2016 hack to $150M Endowment: the DAO’s second act focuses on Ethereum security

Ten years after the famous hack, the DAO Security Fund has decided to stake the untouched ETH and use the yield to fund Ethereum security initiatives, honor claims indefinitely, and professionalize governance and key management.

Ethereum Logo

Tech

XRP Ledger rolls out members-only DEX for regulated institutions

A permissioned DEX amendment creates controlled versions of XRPL’s built-in exchange, letting approved entities decide who can place and take orders.

XRP News

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Markets

Abu Dhabi wealth funds bitcoin ETF holdings topped $1 billion at end of 2025

Both Mubadala Investment Company and Al Warda Investments lifted investments in BlackRock's iShares Bitcoin ETF (IBIT) in the fourth quarter.

Abu Dhabi skyline

Finance

Gold firm Elemental Royalty to pay out dividends in Tether's tokenized gold

The company claimed the bragging right of being the first to let investors opt for dividend payments in a cryptocurrency, backed by gold.

Gold (Unsplash/Zlataky/Modified by CoinDesk)

Markets

Trading platform eToro shares jump 14% after posting record Q4 profit despite crypto revenue drop

The results were particularly notable given the struggles at peers Robinhood and Coinbase.

EToro (CoinDesk Archives)

Finance

Bitcoin treasury company Nakamoto to acquire BTC Inc and UTXO in $107 million all-stock deal

Some reacted with concerns about dilution for existing shareholders due to the stock price decline and the related-party nature of the transaction.

Business deal handshake (Radission US/Unsplash/Modified by CoinDesk)

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Markets

Bitcoin slips below $67,000 as software stocks continue to plunge

The most important indicator for bitcoin's price direction at the moment is the iShares Tech-Software ETF, and it's down another 3% on Tuesday.

A sign warning of a danger of slipping stands on a wet floor. (zhu difeng/Shutterstock)

Finance

BitMine adds $90 million in ETH — Tom Lee says crypto sentiment reminiscent of 2018 and 2022 bottoms

The Ethereum treasury firm continues its buying spree with its largest weekly ETH purchase in token terms this year.

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)