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 Slides Below $106K as Cryptos Tumble, Nearing October Crash Lows

The downturn in prices rippled across derivatives markets, liquidating over $1 billion in leveraged trading positions across all digital assets Monday, CoinGlass data showed.

A bear roars

Finance

Strive Proposes High-Yield Preferred Stock to Expand Bitcoin Holdings

The preferred shares, dubbed SATA, are set to carry an initial 12% annual dividend, payable monthly in cash.

Bitcoin (modified by CoinDesk)

Finance

Tharimmune Stock Gains 30%, on $540M Capital Raise to Build Canton Coin Treasury Strategy

The nanocap biotech firm is pivoting into digital assets with a $540 million raise to build a canton coin–based treasury, backed by DRW and Liberty City Ventures.

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

Finance

Tom Lee's BitMine Immersion Acquires Additional $300M in Ether, Bringing Holdings to $13.7B

The company's 3.4 million of ETH tokens represents just shy of 3% of the total supply.

Screenshot of Tom Lee on CoinDesk TV (CoinDesk)

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Finance

Michael Saylor's Strategy Added $45M in Bitcoin to Holdings Last Week

The firm mostly funded the fresh buys with sales of common stock.

Executive Chairman of Strategy Michael Saylor

Finance

RETRACTION: YZi Labs, Animoca, Gate Did Not Take Part in Standard Money Fundraising Round

A company release said Standard Money raised $8 million and named YZi Labs, Animoca, Gate and Crypto.com as participating, claims that three of the four companies denied.

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

Finance

Ripple Expands U.S. Institutional Offering With Introduction of Digital Asset Spot Prime Brokerage

Ripple Prime offers OTC spot trading for major cryptocurrencies including XRP and RLUSD.

Brad Garlinghouse at DC Fintech Week (Jesse Hamilton/CoinDesk)

Finance

Cipher Mining Surges 19% $5.5B Amazon Web Services HPC Deal

The crypto miner is pushing deeper toward AI infrastructure with AWS lease, new West Texas data center plans.

Data center servers (Taylor Vick/Unsplash)

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Markets

Bernstein Hikes Bitcoin Miner Targets as AI Infrastructure Play Continues to Gain Momentum

Wall Street broker Bernstein said bitcoin miners are fast becoming an essential part of the AI value chain.

Racks of mining machines.

Markets

IREN Soars 30% After Inking $9.7B AI Cloud Deal With Tech Giant Microsoft

The deal is indicative of how miners’ once-volatile hardware fleets are increasingly viewed as strategic compute assets, bridging the gap between blockchain and AI.

Racks of mining machines.