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

IREN adds 4% premarket as company unveils 800MW Australian AI data center campus

The AI infrastructure firm secured a grid connection for a planned South Australian campus, with energization targeted for 2028.

An engineer sits at a bank of crypto mining rigs.

Markets

Live markets: bitcoin hits weakest level since late March as selling continues

One novel theory floating around social media says it's Iranian sanctions, not Strategy sales, that's behind this week's price crash.

Bitcoin

Markets

Mastercard expands onchain settlement in bet on stablecoins and always-on finance

The company plans to offer stablecoin, weekend and holiday settlement as demand grows for real-time movement of money.

CoinDesk

Markets

Tom Lee predicts ether will hit $250,000 as corporate validators take over network control

The Bitmine chairman said DeFi and AI could push the Ethereum network's value into the multi-trillion range, making current prices “future optionality at a discount”.

Tom Lee (Olivier Acuna\CoinDesk)

Advertisement

Markets

Bitcoin set for 'choppy summer' as capital chases high-flying AI stocks, K33 says

The firm still views bitcoin as undervalued relative to equities, but says investors are rotating into AI stocks as the opportunity cost of missing gains by holding BTC is too high.

Ship on turbulent waters. (Pixabay)

Markets

Hyperliquid predicted 80% of oil move before traditional exchanges opened, says expert report

TD Securities says "perpetual futures" are exploding beyond crypto as platforms like Hyperliquid outpace traditional Wall Street exchanges on everything from pre-IPO tech stocks to weekend oil trading.

CoinDesk

Markets

Hyperliquid is beating ethereum in trading volume on some days as big money rotates, says FalconX

Institutional investors are ditching range-bound bitcoin and ether for Hyperliquid as the decentralized platform wins over hedge funds with massive liquidity and early access to hot markets, according to Joshua Lim, head of markets at FalconX.

(Getty Images)

Finance

Franklin Templeton teams up with MoonPay to let big investors swap stablecoins for yields 24/7

The Wall Street giant is integrating its tech platform with MoonPay's infrastructure, allowing eligible institutions to seamlessly swap stablecoins for yield-generating tokenized funds without ever leaving the blockchain.

Sandy Kaul at Consensus Miami 2026

Advertisement

Markets

Live markets: bitcoin loses $67,000 level in Tuesday plunge, putting February's lows back in play

Google overnight set an $80 billion capital raise, including $10 billion from Berkshire Hathaway, reflecting the continuing flood of money headed into AI (and not crypto).

Bear. (geralt/Pixabay

Markets

Bitcoin derivatives markets flashing warning signs as price plunges below $70,000

Open interest has risen to 773,000 BTC, one of the highest readings on record, while funding rates remain elevated despite weak spot demand and growing market fear.

CoinDesk