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

BONK Tests Support as Volume Surges 122% in Solana Selloff

BONK broke $0.0000146 support on heavy volume but found buyers near $0.0000143 as traders eye potential base formation.

BONK-USD, Oct. 29 2025 (CoinDesk)

Markets

Nvidia Hits $5T Market Cap as Bitcoin Now Trails U.S. Equities Year to Date

Bitcoin is not just lagging gold in 2025, but its returns have also slipped below those of the S&P 500 and the Nasdaq.

CoinDesk

Finance

TeraWulf Dips 5% on $500M Capital Raise to Fund AI Data Center Expansion

The stock jumped 17% Tuesday after inking a $9.5 billion Google-backed AI compute deal with Fluidstack.

Data center servers (Taylor Vick/Unsplash)

Finance

Ondo Brings Tokenized U.S. Stocks to BNB Chain as Market Doubles to $700M

The move allows Ondo Global Markets to deepen its tokenized stock market reach to BNB's 3.4 million users, with a strong base in Asia and Latin America.

Stylized BNB token logo (Midjourney/Modified by CoinDesk)

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Markets

Tether Tokenized Gold Reserves Exceeded 11.6 Tons in Q3 Amid Yellow Metal's Rally

Tether's gold-backed token swelled above $2 billion market cap, driven by record prices and surging retail demand, CEO Paolo Ardoino said in an interview.

Gold Bars

Markets

Bitcoin Sinks Below $113K as Stocks Hit Records; Sell-Off Could Have Room to Run, Says Bitfinex

Nvidia closed in on a $5 trillion market cap amid CEO Jensen Huang's keynote speech at a tech conference, seemingly sucking capital out of crypto on Tuesday afternoon.

Cryptos reverse course

Markets

Blockchain-Based Polymarket Eyes U.S. Comeback by November: BBG

Polymarket previously announced it would launch a token and had acquired a CFTC-registered entity.

(istrfry/Unsplash)

Markets

Chainlink Underpins Balcony's $240B Real Estate Tokenization Platform

Balcony will use Chainlink’s Runtime Environment (CRE) to bring over $240 billion worth of government-sourced property data onchain.

Chainlink (LINK) price (CoinDesk Data)

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Finance

Western Union to Launch Stablecoin on Solana With Anchorage Digital

The U.S. dollar-pegged token is expected to become available in the first half of 2026.

Western Union (appshunter.io/Unsplash)

Finance

TeraWulf Stock Surges 22% After $9.5B Google-Backed AI Compute Deal With Fluidstack

The bitcoin miner turned AI infrastructure firm will co-develop a 168 MW data center in Texas, with long-term revenue locked in.

Data center servers (Taylor Vick/Unsplash)