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

Visa brings Circle's USDC settlement to U.S. banks following $3.5 billion stablecoin pilot

Initial participants include Cross River Bank and Lead Bank, which are settling with Visa in USDC over the Solana blockchain.

Stylized network of light focii covering Earth (geralt/Pixabay)

Markets

Bitcoin slides to $86,000 as slower rate cut risk, AI stock woes shake markets

Crypto-related stocks suffered far deeper declines as bitcoin slumped well below its recent trading range.

roaring bear

Markets

Filecoin slides 5% alongside major decline in broader crypto market

FIL dropped to $1.24 as the technical breakdown accelerated on heavy volume, 380% above average.

"Filecoin (FIL) Plunges 7.4% Below Key Support on 380% Volume Surge"

Markets

‘Much more than a backend refresh’: Coinbase’s fintech pivot hits milestone

Wednesday’s update could debut tokenized assets, onchain AI agents and global Base features as crypto exchange Coinbase aims to redefine its business model.

Coinbase

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Finance

SBI, Startale to launch regulated yen stablecoin for global settlement

The digital yen stablecoin aims to plug Japan into onchain finance and cross-border tokenized asset flows under the country's new FSA regime.

Stablecoin networks (Unsplash, modified by CoinDesk)

Markets

Strategy’s STRD credit spread has tightened over past month even as bitcoin struggles

The narrowing spread between yields on STRD and the 10-year U.S. Treasury could signal boosted demand for the preferred stock.

Michael Saylor, Executive Chairman of Strategy (MSTR)

Markets

BNB falls below key support as crypto market cap slips toward $3 trillion

The decline appeared technical, rather than tied to BNB-specific negative news, and was accompanied by a wider crypto market downturn.

BNB price (CoinDesk Data)

Markets

Bitcoin plunges below $86,000 as crypto weakness worsens

The curse of the U.S. trading session — in which bitcoin tends to fall as American stocks trade — has hit yet again.

Bitcoin (BTC) price (CoinDesk)

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Markets

Strive Hikes Preferred Share Dividend Rate as Bitcoin Treasury Companies Continue to Plunge

Bitcoin has tumbled below $88,000 on Monday, helping to send Strive (ASST) common stock lower by 7% to $0.79

Strive (TradingView)

Finance

Crypto's 'Best Days Are Ahead': Tom Lee's Bitmine Immersion Adds $320M of Ether

The company is likely sitting on about $3 billion in unrealized losses on its holdings of nearly 4 million ether tokens.

Screenshot of Tom Lee on CoinDesk TV (CoinDesk)