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


Finance

Crypto ETFs go mainstream as traditional finance locks in

As traditional finance deepens its footprint, issuers say ETFs are reshaping access, liquidity, and the global structure of digital asset investing.

Crytpo ETFs go mainstream panel at Consensus Miami 2026

Markets

Strategy posts $12.54 billion Q1 loss on declining bitcoin price

The price of bitcoin fell from about $87,000 to $68,000 during the first three months of 2026.

Strategy Executive Chairman Michael Saylor (CoinDesk Television)

Finance

Drift outlines a recovery plan for users after $295 million DPRK-linked exploit

The lending protocol proposed tokenized claims, a revenue-backed pool and a security overhaul as it works with law enforcement to recover the stolen funds.

Hacker facing screens with lines of code (Boitumelo/Unsplash)

Finance

Tokenization won't disrupt banking rails but improve them, Wall Street executives say

Executives from Citigroup, JPMorgan and DTCC said at Consensus that genuine client demand is driving real-world use of tokenized assets.

Kara Kennedy, Global Head of Market Development of J.P. Morgan (left), Nadine Chakar, Global Head of Digital Assets of DTCC (center) and Evan Auyang, Group President of Animoca Brands speak at Consensus 2026 in Miami (CoinDesk)

Advertisement

Markets

Bitcoin extends gains to $81,500 as tokenization push lifts Bullish, Galaxy, Centrifuge

Crypto market momentum could extend further unless geopolitical risks flare up again, one analyst said.

Bitcoin (BTC) price on May 5 (CoinDesk)

Tech

Solana’s 'Alpenglow' upgrade could arrive next quarter, co-founder Yakovenko says

Speaking at Consensus Miami 2026, the Solana co-founder said that he is excited to see 'Alpenglow' upgrade go live later this year, which could come as early as next quarter.

Solana co-founder Anatoly Yakovenko @ Consensus Miami 2026 (CoinDesk)

Finance

Western Union’s Solana-based stablecoin could reshape its payment model, analyst says

Western Union launched USDPT, a dollar-backed stablecoin on Solana, issued by Anchorage Digital Bank, for 24/7 settlement with agents and partners.

Western Union (appshunter.io/Unsplash)

Finance

Figure targets Fannie Mae and Freddie Mac in mortgage push, citing massive cost cuts for borrowers

The firm offers rapid service, targeting the sub-$300,000 loan segment, with HELOC applications approved in 5 minutes and funding in 3 days.

Mike Cagney at Consensus Miami 2026

Advertisement

Policy

Ripple CEO Brad Garlinghouse says Clarity better than chaos as Senate hits key moment

The crypto market structure Clarity Act needs to get to its next step, a Senate hearing, this month to have a reasonable chance, Garlinghouse said.

Ripple CEO Brad Garlinghouse, Consensus 2026 in Miami (CoinDesk)

Markets

Wall Street warns human-built markets can’t keep up with machine-speed trading

Legacy financial systems face pressure as tokenization and real-time trading push markets toward always-on, automated infrastructure, panelists at Consensus in Miami said on Tuesday.

Consensus Miami 2026