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 Surges to $94K One Day Ahead of Expected Fed Rate Cut

The change from what's become typical bearish U.S. session action could signal seller exhaustion.

CoinDesk

Tech

Stripe-Backed Blockchain Tempo Starts Testnet; Kalshi, Mastercard, UBS Added as Partners

Tempo, built by Stripe and Paradigm, has started testing payment-focused blockchain and has onboard a slew of institutional partners.

Art installation reminiscent of digital ecosystems

Markets

Bitcoin Treasury Company Twenty One Drops 25% in NYSE Debut, Trades Near PIPE Pricing of $10

The company is led by Strike CEO Jack Mallers and began trading under the XXI ticker today following its SPAC merger with Cantor Equity Partners.

Jack Mallers in an interview with CoinDesk when he was CEO at Twenty One Capital

Markets

TON Token Yearly Loss Nears 72%, but Potential Reversal Signs Emerge

The token's price found support at $1.6025, which held firm despite initial selling pressure, and has since shown signs of a potential reversal.

"Toncoin Falls 1.8% to $1.6252 Amid Increased Institutional Selling Pressure"

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Finance

A16z-Backed Daylight Brings Electricity Markets Onchain With New DeFi Protocol

The DayFi protocol aims to turn electricity cash flows into a crypto-native yield product, bridging capital to new solar power installations.

Daylight founder Jason Badeaux (Daylight)

Markets

Standard Chartered Throws in the Towel on Bullish Bitcoin Forecast

Bowing to what he called a "cold breeze," but not a "crypto winter," Geoff Kendrick slashed his year-end outlook for BTC to $100,000 and doesn't expect $500,000 until 2030 versus 2028 previously.

Bitcoin Logo (Midjourney/modified by CoinDesk)

Finance

BMW Taps JPMorgan for First Onchain Programmable FX Payment

The German car giant used JPMorgan’s permissioned Kinexys Digital Payments network to do the FX transaction.

BMW

Finance

Blockchain Network Canton, With $6T of Real-World Assets, Taps RedStone for DeFi Access

The integration aims to connect RedStone’s data feeds to Canton’s institutional blockchain infrastructure.

RedStone Oracles co-founders Jakub Wojciechowski and Marcin Kazmierczak (RedStone)

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Policy

CFTC Launches Digital Assets Pilot Allowing Bitcoin, Ether and USDC as Collateral

Acting Chair Caroline Pham has unveiled a first-of-its-kind U.S. program to permit tokenized collateral in derivatives markets, citing "clear guardrails" for firms.

Caroline Pham, acting chairman of the Commodity Futures Trading Commission

Markets

Bitcoin Treads Water Near $90K as Bitfinex Warns of 'Fragile Setup' to Shocks

BTC's relative weakness compared to stocks points to tepid spot demand, making the largest crypto vulnerable to macro volatility, Bitfinex analysts said.

Bitcoin (BTC) price on December 8 (CoinDesk)