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

Live markets: Bitcoin shrugs off early decline, but two-month winning streak is in jeopardy

A hopeful posting on Iran from President Trump helped erase morning losses.

Bitcoin down

Markets

Hyperliquid bigger than NASDAQ, says ICE CEO Jeffrey Sprecher

Sprecher saluted Hyperliquid's team, signaling deeper engagement between Wall Street incumbents and crypto-native rails.

Hyperliquid founder Jeff Yan

Finance

Tether's U.S.-focused stablecoin grows over 500% in a month, but still lags main rivals

USAT's market cap jumped above $140 million in April, though it remains well behind Circle's USDC, PayPal's PYUSD and Ripple's RLUSD tokens.

Tether CEO Paolo Ardoino (Nikhilesh De/CoinDesk)

Markets

Bitcoin pinned below $73,000 despite potential U.S.-Iran deal news

U.S. stocks and bonds, and the oil market are reacting positively to yet another purported peace agreement, but crypto markets remain under heavy pressure.

Donald Trump points at the audience during a press conference at the White House.

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Markets

'Debasement trade’ falls out of favor as inflation fears cool, JPMorgan says

Investors are abandoning bitcoin and gold, perhaps sensing a coming end to Middle East hostilities.

(Anne Nygård/Unsplash)

Markets

What's next as hot money cycle has gone from crypto to gold to AI to memory

As bitcoin and gold momentum fades, investor flows are increasingly rotating into AI infrastructure, semiconductor and memory-related equities.

BTC, Gold, NVIDIA, SNDK, MU (TradingView)

Finance

VanEck's tokenized fund lands on Euler as DeFi courts Wall Street institutions

DeFi protocols are increasingly adapting to host regulated, tokenized assets as tokenization is projected to bring trillions of dollars onchain.

(VanEck)

Markets

Crypto’s biggest exchanges back push for token disclosure standards as industry courts institutional capital

More than 40 crypto firms, including rival exchanges Coinbase and Kraken, are backing a Blockworks-led framework aimed at bringing stock market-style disclosures to token markets.

(Scott Gra

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Markets

Live markets: bitcoin slides to new monthly low below $75,000 on report of strikes against Iran

Memory chip stocks are attracting capital and attention, with crypto markets settling into apathy.

Bitcoin

Finance

SoFi brings bank-issued stablecoin to 15 million users in crypto push

The fintech platform says its dollar-backed stablecoin will let members trade, transfer and eventually earn yield through its banking app.

SoFi (Shutterstock)