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

Bitcoin treasury company Nakamoto to acquire BTC Inc and UTXO in $107 million all-stock deal

Some reacted with concerns about dilution for existing shareholders due to the stock price decline and the related-party nature of the transaction.

Business deal handshake (Radission US/Unsplash/Modified by CoinDesk)

Markets

Bitcoin slips below $67,000 as software stocks continue to plunge

The most important indicator for bitcoin's price direction at the moment is the iShares Tech-Software ETF, and it's down another 3% on Tuesday.

A sign warning of a danger of slipping stands on a wet floor. (zhu difeng/Shutterstock)

Finance

BitMine adds $90 million in ETH — Tom Lee says crypto sentiment reminiscent of 2018 and 2022 bottoms

The Ethereum treasury firm continues its buying spree with its largest weekly ETH purchase in token terms this year.

Thomas Lee, chairman of BitMine and CIO of Fundstrat, on the main stage during Consensus Hong Kong 2026 (David Paul Morris/Consensus, modified by CoinDesk)

Markets

Michael Saylor's Strategy purchased $168 million in bitcoin last week

The company's stack is now 717,131 bitcoin acquired for $54.52 billion, or $76,027 per coin. Bitcoin's current price is $68,000.

Michael Saylor, Executive Chairman of Strategy (MSTR)

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Policy

Crypto execs Armstrong, Garlinghouse among many named to U.S. CFTC advisory group

The Commodity Futures Trading Commission's new chief, Mike Selig, repurposed the agency's previous CEO innovation council, almost tripling its members.

U.S. Commodity Futures Trading Commission Chairman Mike Selig (Jesse Hamilton/CoinDesk)

Markets

Coinbase misses Q4 estimates as transaction revenue falls below $1 billion

"Crypto is cyclical, and experience tells us it’s never as good, or as bad as it seems," said the company.

Coinbase

Markets

Bitcoin tumbles back near last week's lows as AI fears crush tech and precious metals plunge

The strong correlation between crypto and the software sector reasserted itself on Wednesday

Bitcoin erased most earlier gains on Monday as it headed back towards the $65,000 mark. (CoinDesk)

Policy

Crypto PAC Fairshake seeks to force resistant Texas Democrat Al Green from U.S. House

The super PAC is devoting $1.5 million to get Representative Al Green, a Democrat critical of the crypto industry, defeated by a primary challenger.

Representative Al Green, a Texas Democrat (Andrew Harnik/Getty Images)

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Finance

Sharplink's Lubin and Chalom make their case for ether DATs as prices plunge

At a panel discussion at Consensus Hong Kong 2026 featuring Sharplink Gaming Chairman Joe Lubin and CEO Joseph Chalom, the two executives outlined how digital asset treasuries are evolving into a distinct institutional strategy.

Sharplink CEO Joseph Chalom and Consensys CEO Joe Lubin speaking at Consensus Hong Kong 2026 (CoinDesk)

Finance

Aave labs proposes ‘Aave Will Win’ plan to send 100% of product revenue to DAO

The proposal arrives amid discord within the Aave community over control of the protocol’s brand and key assets.

Photo of Stani Kulechov in 2019 (CoinDesk archive)