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

Tom Lee's Bitmine may be buying ETH, but Vitalik Buterin and everyone else appears to be selling

Ether has dropped below $2,000, underperforming other major cryptocurrencies as selling accelerates from leveraged traders, onchain liquidations and long-term holders.

Bitmine chairman Tom Lee

Markets

Here is what industry veterans are saying as bitcoin tumbles below $70,000

"This drawdown feels horrible not because of the magnitude, but because it’s unfair," said longtime bitcoin maxi Samson Mow.

Bitcoin plunges below $40K (Eva Blue/Unsplash)

Finance

Multicoin Capital co-founder Kyle Samani steps down after nearly a decade to pursue other areas of tech

" I’m more confident than ever that crypto is going to fundamentally rewire the circuitry of finance," said Samani, who will remain chairman of Solana treasury company, Forward Industries.

Kyle Samani of Multicoin (CoinDesk)

Markets

Bitcoin's correlation with troubled software stock sector is growing

Software stocks are thought to be facing an existential threat from the rise of AI, and Bitcoin, noted one analyst, is just open-source software.

BTC vs IGV (TradingView)

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Markets

Indian investors are buying the bitcoin price dip, CoinDCX says

Indian crypto investors have been buyers of bitcoin and other layer 1 tokens, maintaining a well-diversified portfolio, CoinDCX told CoinDesk.

mumbai, port

Markets

Bitcoin falls back to $74,000, remaining on defense as AI jitters shake tech sector

AI infrastructure stocks like HUT 8, IREN, and Cipher Mining are plunging as AMD sinks 14% following fourth quarter results.

Bitcoin price on Feb. 4 (CoinDesk)

Markets

This bullish analyst on Michael Saylor's Strategy just threw in the towel on lofty price target

Canaccord's Joseph Vafi slashed his price target on the plunging bitcoin treasury company's stock by more than 60%.

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

Markets

January rally bolsters near-term outlook for bitcoin mining stocks, JPMorgan says

Shares of mining companies rose last month despite softer bitcoin prices as storms cut the network hashrate and AI optimism grew, the bank said.

Racks of mining machines.

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Policy

Trump's White House won't tolerate attacks on the president in crypto bill, adviser says

Patrick Witt, the president's digital assets adviser, told CoinDesk that anti-corruption provisions targeting Trump would not be acceptable.

Former Representative Patrick McHenry, White House adviser Patrick Witt and Treasury Department official Tyler Williams at the Ondo Summit in New York (Nikhilesh De/CoinDesk)

Finance

Digital wallets will hold 'totality' of people's assets, says Franklin Templeton

At the Ondo Summit in New York, top asset managers said tokenization has moved beyond theory but warned that trust, education, and real-world utility are now the biggest hurdles.

A wallet lies on top of a number of dollar bills. (slendersnakewallet/Pixabay)