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 sinks to $66,000, U.S. stocks lose steam as Fed minutes mention possible rate hike

Bitcoin is now on track for its fifth consecutive weekly decline, and losing this level could open the floor for a fresh leg lower.

Bitcoin (BTC) price on Feb. 18 (CoinDesk)

Tech

The Protocol: Zora moves to Solana

Also: EF’s Stańczak to leave ED role, XRPL member-only DEX and Ethereum revives the DAO.

geese, migrate

Finance

Bitcoin miner Riot stock jumps nearly 9% as activist Starboard urges AI data center expansion

The activist investor said Riot's 1.7 GW power capacity can drive premium AI hosting deals at Texas sites.

Racks of mining machines.

Markets

Bitcoin volatile, but flat, while crypto stocks bounce amid cooling AI fears

Coinbase, Circle, Galaxy, IREN and Riot led the early morning rebound among crypto-related stocks as the battered software sector found some relief.

curves, swing, volatile, winding road (Raphaël Biscaldi/Unsplash)

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Finance

Bitwise aims to offer prediction market ETFs for U.S. elections in 2026 and 2028

Under "Prediction Shares" branding, Bitwise filed to list two ETFs tracking prediction markets betting on the outcome of the 2028 presidential election.

Bitwise Chief Investment Officer Matt Hougan (CoinDesk Archives)

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

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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

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