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


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

Markets

Crypto Bottoming Signs? FT Drops Trifecta of Bitcoin Gloom on Wednesday

As British taxes have been hiked once again, the U.K.-based publication took a victory lap on bitcoin's recent struggles.

(Matthew Guay/Unsplash)

Markets

Bitcoin Treasury Firm DDC Jumps 22% as Company Adds 100 BTC to Treasury During Market Pullback

The fresh bitcoin purchase lifts holdings to 1,183 BTC as management emphasizes disciplined long term strategy.

CoinDesk

Markets

Robinhood Makes Prediction Market Push With Purchase of Former FTX Platform LedgerX

Wall Street research firm Bernstein said the move — which Robinhood made in conjunction with market-making giant SIG — raises the stakes for competitors like Polymarket and Kalshi.

Robinhood logo on a screen

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Tech

Swiss Bank AMINA Trials Google Cloud's Ledger for Instant Payments

The pilot's goal was to show how banks can use Google’s Universal Ledger to settle fiat payments in real time without new digital currencies.

Google sign on building

Markets

Filecoin Rises 1.8% as Storage Token Defies Crypto Weakness

The decentralized storage protocol showed selective strength while broader digital assets retreated.

"Filecoin Rises 0.99% to $1.6162 Amid Broader Crypto Weakness"

Markets

Bitcoin Flashes Reliable Bottom Signal as Short-Term Holders Capitulate

Analysts note Bitcoin's rebound is tracking U.S. equity strength, with $88,000 as a key threshold to confirm a local bottom.

Bull and bear market (Midjourney/modified by CoinDesk)

Markets

TON Pulls Back After Ecosystem-Driven Rally as Traders Eye Key Support Near $1.50

The token's price action points to fading buyer interest, with initial strong trading activity giving way to a sharp decline in participation.

"TON Surges 2.5% to $1.53, Breaking Key Resistance Amid Crypto Market Strength"

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Markets

ICP Clears Key Technical Barrier as Breakout Volume Confirms Upward Momentum

Internet Computer climbed through the crucial $4.20 resistance level on elevated volume before late-session consolidation narrowed gains.

ICP-USD, Nov. 25 (CoinDesk)

Markets

Why Bitcoin Is Underperforming Equities Despite Bullish Catalysts

Gains in AI-fueled stocks and heavy crypto leverage have widened the gap between bitcoin and equities.

CoinDesk