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

Judge Fines Ripple $125M, Bans Future Securities Law Violations in Long-Running SEC Case

The SEC appeared likely to appeal the overall case.

Brad Garlinghouse, CEO of Ripple, speaks at Consensus 2024. (Shutterstock/CoinDesk)

Markets

Crypto Turns Broadly Lower in U.S. Afternoon Trade as Stocks Give Away Gains

An overnight bounce following dovish remarks from the Bank of Japan has failed to hold.

Ether has fallen below a key bull market trendline.  (Eva Blue/Unsplash)

Markets

Solana Hits All-Time High Against Ether, Outperforms Bitcoin in Crypto Rebound

Solana and its ecosystem tokens look attractive compared to other altcoins and is a "clear option if looking for longs" after the market turmoil, a K33 Research analyst said.

Solana (SOL) price from Monday's lows (CoinDesk)

CoinDesk Indices

CoinDesk 20 Performance Update: SOL Leads with 3.9% Gain as Index Rebounds

Twelve assets in the CoinDesk 20 are trading higher, with BCH joining SOL among the largest advancers.

CoinDesk 20 leaders (CoinDesk Indices)

Advertisement

News Analysis

Semler Scientific Studied MicroStrategy’s Success Before Adopting Bitcoin Strategy

Purchasing bitcoin for the company balance sheet came following “soul searching” about how to provide value to shareholders, Eric Semler told CoinDesk.

(Brock Wegner/Unsplash)

Markets

Bitcoin Whales Increased Holdings During Crypto Market Mayhem, but ETF Investors Didn't Buy the Dip

Though posting net outflows on Monday, the spot ETF action did show some positive surprises, Bloomberg ETF analyst Eric Balchunas noted.

(Todd Cravens/Unsplash)

CoinDesk Indices

CoinDesk 20 Performance Update: RNDR Bounces 14.2%, Leading Index Higher

The CoinDesk 20 saw a broad rally after its recent plunge, with RNDR up 14.2% and SOL up 8.3%.

9am CoinDesk 20 Update for 2024-08-06: Leaders

Markets

Bitcoin Bounces to $53K After Brutal Sell-Off Reminiscent of Covid Crash

Bitcoin's 30% decline in a week was for some observers reminiscent of the March 2020 crash, but there's been multiple occasions of similar drawdowns during previous bull markets.

Bitcoin price on Aug 5 (CoinDesk)

Advertisement

Markets

Is Bitcoin Still a Store of Value?

It depends on what you're trying to protect that value from. Market meltdowns like Monday's? No. Confiscation or monetary inflation? Maybe.

(New York Public Library)

News Analysis

Harris Likely to Pick Pennsylvania Gov. Shapiro for Veep, Prediction Markets Say

Also: the Democrat gains on Trump but hasn't closed the gap, unlike in polls; Polymarket punters trade on Olympic women's boxing controversy.

AMBLER, PENNSYLVANIA - JULY 29: Pennsylvania Governor Josh Shapiro speaks during a campaign rally for Vice President Kamala Harris on July 29, 2024 in Ambler, Pennsylvania. Shapiro and Michigan Governor Gretchen Whitmer campaigned to bring supporters behind Vice President Harris's campaign to protect Americans' freedoms, lower costs for families, and slam Trump's Project 2025 agenda. (Photo by Hannah Beier/Getty Images)