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

Core Scientific secures up to $1 billion loan facility from Morgan Stanley

The company initially closed a $500 million loan facility that includes an accordion feature allowing the total commitment to expand to $1 billion..

Core Scientific's Marble facility in North Carolina. (Core Scientific)

Markets

Bitcoin’s drawdown hasn’t shaken institutional investors yet, says CoinShares

Professional investors trimmed exposure but largely held firm during BTC’s recent slump, while long-term allocators quietly added positions, the crypto asset manager said.

(Photo by Kanchanara on Unsplash/Modified by CoinDesk)

Finance

Trump-backed American Bitcoin board members scoop up stock following earnings

Board members Justin Mateen and Richard Busch bought roughly 1.6 million shares after the trading window reopened following the bitcoin miner’s latest earnings report.

Eric Trump, Co-Founder & Chief Strategy Officer, American Bitcoin speaks at Consensus 2025. (CoinDesk)

Markets

How this week's rout in Korean stocks might have triggered crypto's surge higher

Korea's tech-heavy Kospi has plunged 20% in the last two trading sessions, potentially pushing that country's fast-money chasing traders back into crypto.

Seoul, South Korea (csk/Pixabay, modified by CoinDesk)

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Markets

Crypto's new run 'has legs' says analyst citing Trump's press on policy, institutional adoption

"We believe this run has legs," said analyst Owen Lau as bitcoin rose 8% over the past 24 hours to just above $73,000.

Credit: quietbits / Shutterstock.com

Tech

Ethereum Foundation wants the network to be the trust layer for AI

Davide Crapis, the foundation's AI lead, sees the network acting as a coordination and verification layer in an increasingly AI-mediated world.

Ethereum Logo

Markets

CEO of crypto investment firm Keyrock says bitcoin is undervalued, entering ‘transition year’

Kevin de Patoul argues that 2026 won't be a washout for digital assets, but instead a structural reset as traditional finance quietly moves onchain.

Keyrock CEO and co-founder Kevin de Patoul (Keyrock, modified by CoinDesk)

Markets

Institutional investors may be buying the dip as traders pour $1.7 billion into spot bitcoin ETFs

Fresh allocations to spot bitcoin ETFs suggest investors are growing more comfortable despite the asset still being down 16% this year.

(Ray Juno/Getty Images)

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Markets

Bitcoin just cleared $73,000, but skeptical traders are already bracing for a 'bull trap'

Bitcoin has broken above $73,000 after weeks of consolidation, but traders remain divided over whether the move marks a genuine breakout or another trap for late buyers.

(Photo by Michael M. Santiago/Getty Images)

Markets

Coinbase, Strategy lead crypto stocks higher as bitcoin spikes above $72,000

Crypto-related equities saw large gains at the Wednesday open, rebounding from Tuesday's selloff.

Black upward arrow in a white circle (Unsplash)