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

Bitcoin Crumbles Below $100K, Crypto Stocks Eviscerated as Liquidity Crunch Hammers Risk Markets

Crypto’s U.S. trading-hour weakness continues as hopes for a new 2025 BTC high fade, a market strategist said.

Bitcoin (BTC) price falls below $100,000 (CoinDesk)

Finance

Solana-Focused Upexi Approves $50M Share Buyback as Digital Asset Treasuries Turn to Repurchases

The Solana-centric company is joining a growing list of crypto treasury companies opting to buy back shares as investor appetite for DATs vane.

Stylized solana graphic

Tech

dYdX Governance Approves Buyback Increase to 75% of Protocol Revenue

The new proposal, which 59.38% of the community approved, charts a course to raise the buy-back allocation up from 25% of net protocol fees.

person casting votes

Markets

Emory University Doubles Down on Bitcoin With $52M Grayscale BTC ETF Stake

The managers of the Georgia university's endowment are showing an inclination towards hard assets, opening a sizable position in a gold ETF as well.

Main quadrangle on Emory University's Druid Hills campus (Wikipedia)

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Markets

BONK Falls 3.9%, Sliding Below Support

BONK dropped 3.9% to $0.00001223 as volume nearly doubled amid a breakdown through key support levels.

BONK-USD, Nov. 13 2025 (CoinDesk)

Markets

First XRP Spot ETF Opens for Trade With Canary Capital's XRPC

XRP is the latest token to be wrapped in a spot exchange-traded fund after the introduction of bitcoin and ether funds 2024 and solana just weeks ago.

Canary Capital founder and CEO Steve McClurg (Danny Nelson/CoinDesk)

Finance

Circle Unveils StableFX to Power Onchain Currency Trading on Upcoming Arc Blockchain

The USDC issuer's new stablecoin foreign exchange engine aims to modernize cross-border payments, reduce risk and streamline settlement.

Jeremy Allaire, Co-Founder, Chairman and CEO, Circle Speaks at Hong Kong Fintech Week in 2024 (HK Fintech Week)

Markets

UFC to Debut Fan Prediction Scoreboard in Polymarket Deal

TKO inks multi-year pact with Polymarket, bringing real-time sentiment tracking to UFC and Zuffa Boxing broadcasts.

(Rikin Katyal/Unsplash)

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Finance

Czech Central Bank Becomes First Central Bank to Buy Bitcoin

The bank said it created a $1 million "test portfolio" of digital assets, mostly made up of bitcoin.

Czech Republic flag on top of building in Prague (R M/Unsplash)

Finance

Leap Therapeutics Surges 300% on $50M Winklevoss-Backed Zcash Bet

The company is also rebranding as Cypherpunk Technologies with ticker change to CYPH, effective Thursday.

Gemini co-founders Cameron and Tyler Winklevoss at White House (Jesse Hamilton/CoinDesk)