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


Merkado

Bitcoin Options Open Interest Surges to Record $50B on Deribit as Traders Hedge Downside Risks

A bearish bet that bitcoin will fall to $100,000 or less is becoming just as popular as bullish bets on higher prices.

Trading screen with price monitors and charts (Yashowardhan Singh/Unsplash)

Merkado

Tesla Booked $80M Profit on Bitcoin Holdings in Q3

The company's digital asset holdings were valued at $1.315 billion as of Sept. 30 versus $1.235 billion three months earlier.

Elon Musk (jurvetson /CC BY 2.0./Modified by CoinDesk)

Merkado

Bitcoin Miner Core Scientific Upgraded to Buy as HPC Momentum Builds: B. Riley

The bank also reaffirmed TeraWulf (WULF) as its top pick in the sector.

Racks of mining machines.

Pananalapi

Kraken Revenue More Than Doubled in Q3 as Company Preps for Possible IPO

The company's adjusted earnings before taxes and other items reached $178.6 million, up 124% quarter-over-quarter, with volume rising 23% to $561.9 billion.

Kraken on phone (PiggyBank/Unsplash, modified by CoinDesk)

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Merkado

Crypto Stocks Plunge Wednesday, With Galaxy, Bitcoin Miners Leading Decline

Momentum names are taking a beating on Wall Street, with many AI-related stocks leading that list.

Bitcoin plunges below $40K (Eva Blue/Unsplash)

Merkado

Andreessen Horowitz Says Crypto Has Entered a ‘New Era’ of Real Utility

The venture capital firm sees 2025 shaped by regulation, AI integration and a pivot to revenue-generating products.

Andreessen Horowitz in 2014 (Chip Somodevilla/Getty Images)

Merkado

Bitcoin's ‘Inevitable’ Dip Below $100K Could Be Last Chance to Buy at That Level: Standard Chartered

His third quarter $135,000 target for BTC on hold for now, analyst Geoffrey Kendrick sees a temporary fall below six figures as a setup for the next leg higher.

(Peter Macdiarmid/Getty Images)

Merkado

NHL Opens Door to Prediction Markets in Landmark Deals With Kalshi, Polymarket: WSJ

The league's first-ever licensing agreements with non-sportsbook platforms mark a shift in pro sports’ embrace of event-based derivatives.

(Scott Taetsch/Getty Images)

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Patakaran

Liechtenstein Launches State-Backed Blockchain Network

Telecom Liechtenstein’s LTIN aims to deliver compliant, sovereign blockchain infrastructure for enterprises.

Liechtenstein (Randy Jost/Pixabay)

Pananalapi

Real Estate Tokenization Firm Propy Eyes $100M U.S. Expansion to Modernize Title Industry

The firm aims to digitize the $25 billion property title industry, which still largely relies on manual processes, Propy CEO Natalia Karayaneva said in an interview.

Natalia Karayaneva (Propy)