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

IREN Investors Mull Outlook After $3.6B Capital Raise as Jim Cramer Says 'Sell'

The bitcoin miner turned AI compute provider tumbled on Tuesday and is now down nearly 50% over the past month.

CoinDesk

Markets

Bitcoin Ricochets Around $93K at Pivotal Point; Circle, Gemini Lead Crypto Stock Rebound

Bitcoin shot up 10% in two days, but it's stalling at around the 2025 yearly open.

Bitcoin (BTC) price on Dec. 3 (CoinDesk)

Finance

Jane Street Leads $105M Funding for Antithesis, a Testing Tool Used by Ethereum Network

Antithesis said its Series A will scale deterministic simulation testing, replaying complex failures exactly for crypto and other always-on systems.

Scattered pile of $1 bills (Gerd Altmann/Pixabay, modified by CoinDesk)

Finance

Babylon’s Trustless Vaults to Add Native Bitcoin-Backed Lending Through Aave

Babylon is also planning to introduce Bitcoin-backed DeFi insurance, letting BTC holders earn yield while underwriting risk against hacks and exploits.

David Tse, co-founder of Babylon (Bradley Keoun, modified by CoinDesk)

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Markets

IBIT Among Most-Traded ETFs as Bitcoin Surges; Mining Stocks Sink

A 6% rally in bitcoin helped push IBIT ahead of major funds like VOO, but crypto miners including IREN and CIFR posted steep losses.

CoinDesk

Markets

Trump-Backed American Bitcoin Plunges 40% on Heavy Volume, Dragging Hut 8 Lower by 12%

The collapse marks yet another disappointing Trump family crypto-related investment.

CoinDesk

Markets

AI Investment to Drive Global Growth Through 2026, BofA Says

Bitcoin miners have been among those riding the AI boom, with IREN and Cipher Mining up over 300% in 2025.

Bank of America billboard in Times Square. (Spencer Platt/Getty Images)

Markets

Bitcoin Surges Back Above $91K as Support Builds in $80K-$85K Area

Helping the mood in crypto were moves by institutional giants Vanguard and Bank of America to open up digital assets to their clients.

Bitcoin (BTC) price on Dec. 2 (CoinDesk)

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Finance

Bank of America Greenlights Wealth Advisers to Recommend Up to 4% Bitcoin Allocation

The news comes just hours after longtime crypto holdout, asset management giant Vanguard, said it would allow its clientele access to digital asset ETFs.

Bank of America billboard in Times Square. (Spencer Platt/Getty Images)

Markets

Strategy Gains Nearly 20% From Monday Low as Bear Gloating Suggests at Least Temporary Bottom

There comes a point when long-standing detractors become so vocal, their tone shifting from criticism to arrogance, that it often reflects conditions that are consistent with a bottom.

Executive Chairman of Strategy Michael Saylor