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 holds ground as gold, silver slide on ETF outflows and liquidity strains: JPMorgan

The bank said institutional unwinding and weakening liquidity have hit precious metals, while bitcoin shows steadier flows and improving momentum amid geopolitical stress.

Gold outperforms bitcoin

Policy

Stablecoin rewards restrictions can slow but not stop Circle's USDC, says Citigroup

USDC adoption hinges on volume, not circulation, the bank said

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

Markets

MARA Holdings higher by 10% after selling $1.1 billion in bitcoin to fund debt buyback

The strategic move cuts debt, reduces dilution risk, and strengthens the balance sheet for expansion into AI and energy infrastructure, said the company.

MARA Holdings CEO Fred Thiel (CoinDesk)

Finance

Elon Musk's X hires crypto-savvy design lead as X Money payments push inches closer

Benji Taylor, former CPO at Aave Labs and design head at Coinbase's Base, brings self-custody wallet and DeFi product experience to the social media platform.

Elon Musk, chairman and founder of X, and Benji Taylor, X's design lead (Benji Taylor/X)

Advertisement

Finance

BitGo teams with ZKsync to build tokenized deposit infrastructure to bring banks onchain

Now in testing, the platform aims to enable programmable payments and simplify blockchain adoption for financial institutions.

BitGo at NYSE. (X/Matt Ballensweig)

Finance

Solana bets on AI agents: Foundation says network is becoming core infrastructure for ‘agentic’ internet

This shift could fundamentally reshape internet business models, Solana Foundation's Vibhu Norby believes.

Multicoin Capital co-founder Tushar Jain and Solana Foundation chief product officer Vibhu Norby (Digital Asset Summit 2026)

Tech

The Protocol: Ethereum faces make-or-break moment as scaling, quantum and AI pressures mount

Plus: Solana developer platform, Balancer Labs to shut down and Bitcoin mining concentration triggers small reorg.

Graphic showing ethereum symbol on a grid with screens.

Markets

Circle selloff may be overdone as crypto bill weakens Coinbase edge, say analysts

The latest draft of the CLARITY Act hit both stocks, but one analyst says the bill could ultimately shift bargaining power toward Circle and away from Coinbase.

Circle CEO Jeremy Allaire (Danny Nelson/CoinDesk)

Advertisement

Tech

Ethereum Foundation prepares for quantum threat with new cryptography roadmap

The effort to protect Ethereum from quantum computing threats has been underway for eight years and is now producing working code.

Graphic showing ethereum symbol on a grid with screens.

Finance

Franklin Templeton puts its $1.7 trillion weight behind Ondo to bring 24/7 stock trading to the blockchain

The move expands access to U.S. markets as tokenized securities gain traction among digital investors.

CoinDesk