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

The traditional 9-to-5 banking day is officially dying, says Morgan Stanley execs

Tokenization and 24/7 markets are reshaping finance, making always-on banking a reality.

Morgan Stanley offices (Sven Piper/Unsplash)

Tech

Live updates: Bitcoin edges above $64,000 as Fed holds policy steady

The formerly popular names in AI infrastructure continued their sharp selloff on Wednesday.

U.S. Federal Reserve headquarters in Washington (Jesse Hamilton/CoinDesk)

Markets

'Anything remotely dovish' from Fed could be good for bitcoin, says analyst

Traders are divided on whether the Fed will hike rates, but analysts said crypto may be less exposed than AI-driven tech stocks.

Federal Reserve Chairman Kevin Warsh

Finance

Core Scientific lands AMD AI deal as bitcoin mining operation winds down

The agreement accelerates Core Scientific’s pivot from bitcoin mining toward AI data centers, following the termination of its ASIC agreement with Block.

Data center (Taylor Vick/Unsplash)

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Markets

Live updates: Crypto climbs off worst levels as stock selloff is contained to AI names

While the chipmakers continue their tumble, the DJIA is actually higher by more than 1%, led by Coca-Cola, Walmart, and Home Depot.

BTC

Markets

Bitcoin shrugs off AI selloff but high-stakes Fed meeting could determine what's next

BTC held near $65,000 even as Nvidia and AI stocks fell sharply. This week's Fed decision could determine whether bitcoin finally breaks higher or revisits June's lows, analysts said.

Bitcoin (BTC) price on Monday, July 27 (CoinDesk)

Finance

Securitize builds Wall Street credentials with SEC adviser license as tokenization expands

The license broadens the BlackRock tokenization partner's offering as regulators weigh rules for onchain investment products.

Securitize's Carlos Domingo (CoinDesk)

Finance

Circle buys nearly 1,000 blockchain patents from IBM

The portfolio covers blockchain technology, banking, insurance, and cloud security, though the financial terms of the deal were not disclosed.

Circle logo on a screen

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Markets

Michael Saylor's Strategy boosted cash reserve to $3.75 billion, repurchased $25 million of STRC

The company last week raised $544.5 million in cash via sales of its common stock.

Strategy Executive Chairman Michael Saylor in 2021 (Photo by Joe Raedle/Getty Images)

Markets

Live updates: Bitcoin gives up early gains, holds near $65,000 as AI stocks skid

CoinEx's Jeff Ko sees bitcoin staying range-bound near $65,000 while retreating oil, a 4.7% 10-year yield and a week of mega-cap earnings set the tone.

Bitcoin (BTC) price on Monday, July 27 (CoinDesk)