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


Tech

Live markets: Fed holds rates steady, but makes a hawkish turn as Warsh takes over

Bitcoin's Sharpe ratio hit a level that has marked every cycle low since 2015, but in each case it preceded months of basing rather than an immediate rebound.

Kevin Warsh. (Chung Sung-Jun/Getty Images/Modified by CoinDesk)

Markets

Bitcoin miners' AI pivot faces $50 billion reality check, says VanEck

VanEck says investors are shifting focus from contract announcements to execution risk as miners chase AI revenue.

CoinDesk

Markets

Hyperliquid, Uniswap and Worldcoin buck crypto slump as traders chase AI, DeFi trends

A handful of tokens continued their run while bitcoin and the rest of the crypto market stalled after the early week bounce.

(Keenan Constance/Unsplash)

Finance

Coinbase introduces AI adviser, stock options, and pre-IPO markets in finance push

The crypto exchange is expanding into investing, derivatives and banking services as it pursues an all-in-one financial platform.

Coinbase logo shown on a laptop screen

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Tech

Y Combinator reveals a new AI agent that can build and run an entire business just from a text message

Y Combinator's Locus Founder lets users text a business idea via iMessage, SMS, or Telegram, and the AI handles the rest.

A computer screen with code. (Pexels/Pixabay)

Markets

BlackRock's new bitcoin income fund offers cash flow alongside BTC exposure

After IBIT's $49 billion success, BlackRock says clients are increasingly seeking ways to earn income from long-term bitcoin holdings.

CoinDesk

Tech

Live markets: Bitcoin falls below $66,000 as SpaceX rallies on Cursor agreement

Ether, XRP, Solana and Hyperliquid funds all took in money, but bitcoin's outflow was really just Grayscale's GBTC.

Elon Musk in Berlin

Markets

‘Crypto spring’ is here, says one analyst after bitcoin's key signals turn bullish

Standard Chartered analyst Geoffrey Kendrick's bullish call comes as spot bitcoin exchange-traded fund inflows return, oil prices fall and Coinbase's CEO says bitcoin likely bottomed near $60,000.

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Finance

Bitmine adds another $136 million of ether after raising $274 million in preferred stock sale

Tom Lee's Ethereum treasury firm, through the preferred stock sale, is using a financing tool pioneered by Michael Saylor's bitcoin treasury firm Strategy.

Tom Lee, chairman of Bitmine and cofounder of Fundstrat, speaking at Consensus 2026 in Miami (CoinDesk)

Tech

Live markets: Bitcoin gives back some gains as SpaceX's post-IPO rally extends to 40%

Monetary policy may be back in focus, with Kevin Warsh's first policy meeting as Fed chairman coming this week.

U.S. President Donald Trump (Roberto Schmidt/Getty Images)