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

WazirX Set to Restart Within 10 Days, Victims to Receive Crypto and ‘Recovery Tokens’

With the ACRA submission complete, the exchange enters the implementation phase, or a period during which users will receive distributions and Recovery Tokens (RTs) under the scheme.

WazirX CEO Nischal Shetty (WazirX)

Markets

Bitcoin’s October Slowdown Masks Strength, Analysts Predict Catch-Up With Gold

Despite a comparably muted October, bitcoin’s steady performance near $110,000 and signs of Fed easing have analysts calling for a breakout.

(Sternschnuppenreiter/Pixabay)

Markets

Crypto-Native Traders, Not TradFi, Drove Bitcoin’s Largest Deleveraging Event

Roughly $12 billion in futures positions were wiped out on Friday, marking a major shift in market structure and potentially signaling a bottom.

Futures Open Interest, Binance vs CME (Glassnode)

Markets

Crypto Miner Bitdeer Surges 30% as Company Pushes Deeper Into AI and Data Center Expansion

The firm said it sees a "sustained imbalance" between demand and supply of AI computing power, and projected to generate up to $2 billion annually from AI operations.

(Bitdeer Group)

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Markets

Bitcoin Miner Stocks Continue Surge, With BlackRock, Nvidia, Microsoft Joining in $40B AI Data Center Bet

The acquisition marks the first move by the Artificial Intelligence Infrastructure Partnership, which plans to deploy up to $100 billion.

Racks of mining machines.

Markets

CME Announces First XRP and SOL Option Trades

Initial trades were conducted by major market participants, including Wintermute, Galaxy, Cumberland DRW, and SuperState.

CME Group headquarters in Chicago, Illinois, U.S., on Friday Feb. 5, 2021. CME Group Inc. is scheduled to release earnings figures on February 10. Photographer: Christopher Dilts/Bloomberg via Getty Images

Finance

French Banking Giant ODDO BHF Enters Crypto With Euro-Backed Stablecoin EUROD

EUROD will be listed on Madrid-based crypto platform Bit2Me, which is backed by major institutions including telecom giant Telefonica.

Théo Planel - Business Developer Crypto Assets at ODDO BHF; Andrei Manuel, co-founder and COO of Bit2Me; and Guy De Leusse - COO at ODDO BHF. (Bit2ME)

Markets

Bitcoin's Leverage Flush Favors Accumulation, K33 Says

Crypto prices were down sizably on Tuesday but bounced off of their worst levels.

Bitcoin (BTC) price today (CoinDesk)

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Markets

PEPE Slips 5% as Whale Selling and Market Turmoil Weigh on Memecoin Sector

Trading volume has surged, reflecting increased volatility, and technical analysis suggests bearish signals that could extend the recent downturn

CoinDesk

Markets

Citigroup CEO Backs Tokenized Deposits, Says Too Much Focus on Stablecoins

Speaking on her bank's earnings call, Citi CEO Jane Fraser said tokenized deposits offer faster, safer infrastructure and fewer AML and compliance burdens for the next era of digital finance.

Citigroup CEO Jane Fraser (John Lamparski/Getty Images)