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

Binance Overhauls Stablecoin Trading With Trump-Linked USD1

The exchange is adding new USD1 trading pairs and replaces BUSD collateral with the token.

Binance

Tech

El Salvador Partners with Elon Musk’s Grok in AI-Powered Education for 1M Students

The nation that first adopted bitcoin as legal tender is looking to pioneer AI-powered education in 5,000 Salvadoran schools with xAI’s Grok

The National Palace in San Salvador, El Salvador.

Markets

Robinhood Stock Slides 8% After Big Decline in November Trading Volumes

Slumps across equity, options and crypto trading in November raised concerns that retail investor momentum may be fading.

Robinhood logo on a screen

Markets

BNB Drops Below $865 as Crypto Market Moves Lower

The token is now trading in a tight range, with buyers defending the $864-$867 zone and sellers capping gains near $868.50.

BNB Falls 2.5% to $867 Amid Network Maintenance and Trader Caution

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Finance

Cross-Chain Liquidity Protocol LI.FI Raises $29M in Series A Extension

The Berlin-based bridging and swap infrastructure provider has now raised $51.7M in total funding and processed more than $60B in onchain volume.

Scattered pile of $1 bills (Gerd Altmann/Pixabay, modified by CoinDesk)

Markets

Bitcoin Stumbles Back Below $90K as Dollar Sinks to 7-Week Low After Fed Rate Cut

The U.S. dollar, along with precious metals and bond yields, is reacting as expected to easier financial conditions, but crypto remains in a bearish trend.

DXY Index (TRadingView)

Markets

Crypto Trading Volumes Deteriorated Across Board Last Month as Market Slumped: JPMorgan

Bitcoin, ether and most majors fell last month as spot, derivatives and stablecoin volumes dropped and U.S. crypto ETPs saw heavy outflows.

A trader in front of screens. (sergeitokmakov/Pixabay/Modified by CoinDesk)

Finance

Klarna Partners With Privy to Explore Crypto Wallet Use Within its Ecosystem

The project aims to make crypto more accessible to everyday users, building on Klarna's recent launch of KlarnaUSD, a dollar-backed stablecoin.

Klarna logo on smartphone (appshunter.io/Unsplash/Modified by CoinDesk)

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Markets

Filecoin Declines 7%, Breaking Below $1.43 Support

The token now has support at the $1.37 level and resistance at $1.43.

Filecoin Plummets 11.6%, Breaks $1.43 Support Amid DePIN Crypto Selloff

Markets

Fifth XRP Spot ETF on the Way After CBOE Approval of 21Shares Application

Once live, the ETF will track the CME CF XRP-Dollar Reference Rate (New York Variant), giving investors exposure to XRP via a regulated fund structure without handling the asset directly.

Ripple