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

Blockchain Initiatives Have Been Adopted by 60% of Fortune 500 Companies: Coinbase Survey

The crypto exchange surveyed Fortune 500 company execs and decision makers at small and medium-sized firms in the U.S. to assess crypto adoption trends.

Coinbase (appshunter.io/Unsplash)

Markets

Trump Media and Semler Scientific Could Be Cheapest Bitcoin Treasury Companies by This Metric

The commonly used mNAV is an insufficient gauge for measuring relative valuations, argues NYDIG's Greg Cipolaro

Semler Scientific stacked additional bitcoin in third quarter (Markus Spiske/Unsplash)

Markets

Plasma’s XPL Token Sale Attracts $500M as Investors Chase Stablecoin Plays

The oversubscribed raise follows stablecoin issuer Circle’s massive IPO last week, underscoring investor appetite for stablecoin-related projects.

Plasma (Unsplash)

Policy

Paraguay President's X Account Hacked, Shares Bitcoin Scam

Santiago Peña's account said that bitcoin would be made legal tender.

Paraguay. Credit: Planet Volumes, Unsplash+

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Markets

Red-Hot Circle Already Has Two ETFs Devoted to It in the Works

Shares are up another 9% in volatile action on Monday, now having nearly quadrupled in price since the IPO late last week.

(Michael M. Santiago/Getty Images)

Markets

Chainlink's LINK Stages V-Shape Recovery After 14% Plunge

Oracle network Chainlink's native token shows resilience with strong demand stepping in at key support levels.

LINK price on June 9 (CoinDesk)

Markets

Ethereum Blockchain Is Useful Technology That 'Deserves Love,' Bernstein Says

Ether ETF inflows totaled $815 million over the last 20 days as investors have woken up to the network's value proposition, the broker said.

Abstract Ethereum blocks and dollars (Dall-E, modified by CoinDesk)

Finance

Coinbase Alum-Founded Turnkey Raises $30M Series B to Grow Engineering Team

The funding round was led by Bain Capital Crypto and included contributions from Lightspped Faction and Galaxy Ventures

Turnkey co-founders Jack Kearney and Bryce Ferguson (Turnkey)

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Markets

Michael Saylor's Strategy Added 1,045 Bitcoin for $110M Last Week

The company now holds a total of 582,000 tokens purchased at an average price of just over $70,000 each.

Strategy Executive Chairman Michael Saylor at the Digital Asset Summit in New York City on March 20, 2025. (Nikhilesh De)

Markets

HIVE Digital Capacity Crosses 10 EH/s in May, Aims to More Than Double That by Year-End

The firm’s hydropowered Paraguayan facilities fuelled a 58% monthly hashrate jump.

Paraguay. Credit: Planet Volumes, Unsplash+