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

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)

Markets

CoreWeave Stock Falls 8% on $2B Convertible Debt Offering

Though remaining sharply higher than their IPO price, shares have struggled over the past six months, losing 50%.

The CoreWeave Executive Leadership team pose for a photo during the company's Initial Public Offering at the Nasdaq headquarters on March 28, 2025 in New York City. (Michael M. Santiago/Getty Images)

Markets

Digital Assets to Shift From Disruption to Integration in 2026, CoinShares Says

'Hybrid finance' is taking hold as traditional institutions tokenize funds and deposits on public blockchains.

Wall street signs, traffic light, New York City

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Finance

Tom Lee's BitMine Immersion Ramps Up Ether Acquisition, Adding $435M of ETH to Treasury

This was the firm's largest weekly haul in more than a month; the company also increased its cash holdings to $1 billion.

Screenshot of Tom Lee on CoinDesk TV (CoinDesk)

Markets

BlackRock Files for Staked Ethereum ETF

The iShares Ethereum Staking Trust marks a bold push into on-chain yield exposure, as the SEC's tone has shifted under new leadership.

The BlackRock company logo is seen outside of its NYC headquarters. (Michael M. Santiago/Getty Images)