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 Eyes $58K With Downtrodden Crypto Markets Exposed to Short Squeezes, Says Analyst

The 30-day average funding rates for perpetual swaps slid to negative levels, a rare occasion that marked a bottom in prices historically, K33 Research said.

Bitcoin price on Sept. 10 (CoinDesk)

Finance

Bitcoin ETFs Are Fine Despite Suffering Their Worst String of Outflows, Says Expert

Investors during late August and early September pulled roughly $1.2 billion out of the funds over eight consecutive days, the longest streak of exits so far.

Scrabble tiles spelling out "ETF GROWTH"

Markets

Trump-Harris Debate: Polymarket Shows Slim Odds of Crypto Mention

Traders see only a 17% chance that Donald Trump will say "crypto" or "bitcoin" and just 13% for Kamala Harris.

PHILADELPHIA, PENNSYLVANIA - SEPTEMBER 09: Final preparations are made in the spin room prior to the ABC News Presidential Debate on September 09, 2024 at the Convention Center in Philadelphia, Pennsylvania. Democratic presidential nominee, U.S. Vice President Kamala Harris and Republican presidential nominee former President Donald Trump will face off in their first debate tomorrow evening at the Constitution Center. (Photo by Kevin Dietsch/Getty Images)

CoinDesk Indices

CoinDesk 20 Performance Update: ICP and RNDR Lead as Index Inches up 0.5%

Internet Computer gained 4.0% while Render rose 3.5%.

9am CoinDesk 20 Update for 2024-09-10: leaders

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Markets

Bitcoin Retakes $57K, but Potential Positive Catalysts Are 'Sparse,' Says NYDIG

"Bitcoin might be at the whims of the broader market backdrop," wrote NYDIG's Greg Cipolaro.

(Unsplash)

Finance

Tether's $100M Investment in LatAm Agriculture Firm May Be a Tokenization Play

Adecoagro is a founder and partial owner in an Argentina-based agricultural commodities tokenization platform Agrotoken.

Tether already holds a minority stake in the agricultural commodities producer. (Unsplash/Getty Images)

Finance

Michael Saylor Says Republicans Have More 'Progressive’ View on Crypto, Democrats ‘Drifting to the Middle’

MicroStrategy has purchased roughly $8.3 billion worth of bitcoin since August 2020.

MicroStrategy executive chairman and co-founder Michael Saylor. (Danny Nelson/CoinDesk)

CoinDesk Indices

CoinDesk 20 Performance Update: AVAX Surges 12.8%, Pushing Index Higher

The CoinDesk 20 jumped 4.2% over the weekend with all but one asset in the green.

9am CoinDesk 20 Update for 2024-09-09: leaders

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Markets

Bitcoin Pumps, Then Dumps Below $54K as Jobs Report Spurs Crypto Volatility

The price swing liquidated nearly $50 million of leveraged derivatives positions across all cryptocurrencies in one hour, CoinGlass data shows.

Bitcoin price (CoinDesk)

CoinDesk Indices

CoinDesk 20 Performance Update: SOL Jumps 3.0% as Index Rallies

Render joined Solana as a top performer, helping boost the index by 1%.

9am CoinDesk 20 Update for 2024-09-06: leaders