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

Seller Exhaustion or a Bottom? Strategy Gains 11% From Session's Worst Levels

Peter Schiff took a victory lap after the company Monday morning announced it had raised $1.44 billion via common stock sales as a reserve to pay preferred dividends for nearly two years.

Price bounce (Getty Images)

Finance

Kalshi Launches Tokenized Event Bets on Solana Blockchain: CNBC

The prediction market is rolling out tokenized contracts on Solana to meet crypto traders where they already are, Kalshi told CNBC.

(Jesse Hamilton/CoinDesk)

Finance

Tom Lee's BitMine Acquires 97K ETH, Eyeing Fusaka Upgrade, Fed Policy as Positive Catalysts

The firm increased the pace of purchases from the previous week despite sitting on large unrealized losses on its ether bet.

Tom Lee

Markets

Strategy Establishes $1.44B Cash Reserve, Slashes 2025 Profit, BTC Yield Targets

Led by Executive Chairman Michael Saylor, the company also added to its bitcoin holdings last week, bringing its total stack to 650,000 BTC.

Strategy Executive Chaiman Michael Saylor (Gage Skidmore / CC BY-SA 2.0 / Modified by CoinDesk)

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Finance

Gleec Buys Komodo’s Cross-Chain DeFi Stack Valued at $23.5M for Undisclosed Amount

The acquisition brings Komodo’s atomic-swap technology, token ecosystem and core developers under the Gleec umbrella.

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

Markets

Michael Saylor Sunday Change-Up Suggests New Announcement Coming Monday

The executive chairman of bitcoin treasury firm Strategy teased a switch from orange dots to green dots in what's become his routine cheeky Sunday X post.

Executive Chairman of Strategy Michael Saylor

Markets

'We Wear Your Loathing With Pride': Tether's Downgrade at S&P Sparks Online Battle

S&P Global last Wednesday slashed its rating on Tether's USDT stablecoin to its weakest score.

Tether CEO Paolo Ardoino at White House

Markets

Bitcoin in Modest Rally Mode After Thanksgiving as December Fed Rate Gets Locked In

Crypto-related stocks are higher across the board, led by the bitcoin miners.

Racks of mining machines.

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Markets

Bitcoin Retakes $90K in Break From Typical Pre-Thanksgiving Price Action

Just when traders got used to price declines on the Wednesday ahead of Turkey Day, bitcoin pulled a reversal higher.

Bull statue

Policy

S&P Downgrades Tether's USDT, Citing Falling Bitcoin Prices as Risk

The ratings agency cited bitcoin's rising share in the stablecoin reserves, making USDT vulnerable to falling prices.

Tether