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

Maple Finance Nearly Imploded, but Sid Powell Wants to Bring Back Its Billion Dollar-Plus Glory

Last year’s crypto crash wiped out Maple Finance’s TVL as borrowers crumbled and lenders fled. In an interview with CoinDesk, the protocol’s co-founder and CEO lays out his plan for growth in an era of heightened risk management.

Maple Finance's Sid Powell (Danny Nelson/CoinDesk)

Markets

Grayscale Ethereum Trust Discount Drops to Lowest in a Year Amid Spot Ether ETF Push

The fund's discount to NAV had ballooned to nearly 60% late in 2022.

Grayscale Ethereum Trust discount and ETH price (CryptoQuant)

Markets

Bitcoin Halving Is Nice, but Kickstarting Bull Run Requires Fiat Money Supply Growth

While bulls point to next year's halving as a bull catalyst, any sizable uptrend is likely contingent on major central banks boosting their year-on-year M2 money supply growth rates, past data show.

a hundred dollar bill

Finance

FASB's Crypto Accounting Shakeup Could Lure More Corporate Investment, Michael Saylor and Others Argue

The U.S. accounting standards board yesterday unanimously voted in favor of "fair value" accounting for crypto assets held on corporate balance sheets.

(Unsplash, modified by CoinDesk)

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Finance

Pantera Capital Leads $16.5M Investment in ZK-Powered DEX Brine Fi at $100M Valuation

The investment comes at a time when crypto venture capital has mostly dried up and trading volumes have plunged.

Brine Fi founders from left to right: Shaaran Lakshminarayanan, Ritumbhara Bhatnagar and Bhavesh Praveen (Brine Fi)

Markets

Bitcoin Little-Changed at $25.7K After Newsy and Volatile Session

Broader crypto markets were modestly lower late on Wednesday.

Bitcoin flat after volatile session (CoinDesk)

Policy

FASB Says Crypto Assets Should Be Marked at Current Values

The U.S. standard-setting organization for accounting has moved to insist companies use “fair-value” accounting to report their crypto holdings.

The Financial Accounting Standards Board is issuing the first crypto-specific accounting standard for companies with digital assets. (Krisanapong Detraphiphat/Getty Images)

Finance

Cathie Wood's ARK Invest Files for First Spot Ether ETF

The Ark 21Shares Ethereum ETF is the first attempt to list such a fund in the U.S. that directly invests in ETH, the second largest cryptocurrency by market capitalization.

Ark Invest CEO Cathie Wood (Marco Bello/Getty Images, modified by CoinDesk)

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Markets

Buy Ether Instead of Bitcoin to Ride ETF Momentum, Crypto Research Firm Says

There’s a high probability of approval on or before the SEC’s final deadline in mid-October for a decision on the first ether futures ETF in the U.S.

Timeline for crypto-related ETFs in October (Bloomberg/K33 Research)

Markets

Bitcoin Plumbs 6-Month Low Near $25K and Higher Oil Prices Suggest Further Pressure

"This is exactly what apathy looks like," said one crypto analyst.

Bitcoin plumbs multi-month lows (Adam Nowakowski/Unsplash)