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 Hovers Near Production Cost as Bull/Bear Line Tightens

Difficulty and network valuation models point to BTC hovering around fair value near $90,000.

CoinDesk

Tech

Solana Mobile to Launch SKR Token in January With 10B Supply

Distribution is designed to go to the ecosystem, With 30% to airdrops, 25% to growth initiatives, and 10% for liquidity and launch support.

Solana Mobile's second generation phone Seeker (Solana Mobile)

Finance

Coinbase CEO Armstrong Says Banks That Don't Adapt to Stablecoins Will Be 'Left Behind'

CEO Brian Armstrong said top banks are "leaning into this as an opportunity," signaling Wall Street’s quiet embrace of crypto infrastructure.

Coinbase CEO Brian Armstrong (Nikhilesh De/CoinDesk)

Markets

Filecoin Gains 2% Alongside Crypto Rally

The token tracked broader crypto sentiment on below-average volume, establishing an ascending trend.

Filecoin Gains 2% to $1.57 on Technical Momentum Amid Mixed Volume

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Tech

Ethereum's 'Fusaka' Upgrade Cements Network's Role as On-Chain Finance Settlement Layer: Bitwise

The upgrade will boost throughput, keep validators efficient and, most importantly, strengthen Ethereum's value capture by putting a floor under blob fees.

Ethereum Logo (Midjourney / Modified by CoinDesk)

Tech

The Protocol: Ethereum Preps For Upcoming Fusaka Upgrade

Also: Anthropic On DeFi AI Agents, ETH Devs Push ZK Protocol, and Bitnomial

The forthcoming Ethereum upgrade, Fusaka, is partly named after Osaka, a city in Japan (Wikipedia)

Markets

Bitcoin Futures Return to Deepest 'Backwardation' Since FTX Collapse Hinting Possible Bottom

So-called "backwardation" — a futures price curve moving lower in value as time gets further out — can be read as a measure of stress in the market.

CoinDesk

Markets

Strategy Battles for Par on STRC, Lifting Dividend to 10.75%

The company lifted STRC’s payout after the preferred stock again slipped below its $100 par value.

CoinDesk

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Finance

Kalshi’s Luana Lopes Lara Becomes Youngest Female Self-Made Billionaire

A recent $1 billion funding round led by Paradigm puts Kalshi co-founders Luana Lopes Lara and Tarek Mansour on the billionaire list.

Luana Lopes Lara

Markets

Cardano’s Biggest Players Unite Behind 70M ADA Push to Spark On-Chain Growth

Funds will be allocated to developing stablecoins, credible oracle feeds, cross-chain bridges, custody integrations, and analytics tooling, among other enhancements.

(Element5/Unsplash)