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

TON Pulls Back After Ecosystem-Driven Rally as Traders Eye Key Support Near $1.50

The token's price action points to fading buyer interest, with initial strong trading activity giving way to a sharp decline in participation.

"TON Surges 2.5% to $1.53, Breaking Key Resistance Amid Crypto Market Strength"

Markets

ICP Clears Key Technical Barrier as Breakout Volume Confirms Upward Momentum

Internet Computer climbed through the crucial $4.20 resistance level on elevated volume before late-session consolidation narrowed gains.

ICP-USD, Nov. 25 (CoinDesk)

Markets

Why Bitcoin Is Underperforming Equities Despite Bullish Catalysts

Gains in AI-fueled stocks and heavy crypto leverage have widened the gap between bitcoin and equities.

CoinDesk

Finance

MoonPay Secures New York Trust Charter, Expands Institutional Crypto Services

The crypto payments firm joins an elite group with both a BitLicense and Trust Charter, gaining legal authority to custody assets and offer OTC trading under NYDFS oversight.

Photo of the moon (Alois Grundner/Pixabay)

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Finance

Paxos Acquires Crypto Wallet Startup Fordefi to Expand Custody Services

The move aims to position Paxos to serve growing institutional demand for on-chain asset issuance and stablecoin payments.

Paxos CEO Charles Cascarilla (Danny Nelson/CoinDesk)

Finance

Swedish Buy Now, Pay Later Giant Klarna Rolling Out Stablecoin with Stripe's Bridge

Digital bank Klarna's stablecoin, issued by Stripe’s Bridge on top of the upcoming Tempo blockchain, is set to debut next year.

U.S. dollar (Unsplash, modified by CoinDesk)

Markets

Exodus’ W3C Deal Adds Stability as Firm Builds Full Payments Stack: Benchmark

The acquisition pushes the crypto-wallet maker toward a more fintech-style business model.

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

Markets

Crypto Market Mood Lifted as Amazon Pours $50B Into AI Infrastructure

The price of bitcoin jumped back above $87,000 and crypto miners with a focus on AI/high-performance computing are surging.

CoinDesk

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Markets

Rumble Gains 13% After Tether Boosts Stake by 1M Shares

The advance occurred alongside a rally in data center and high-performance computing stocks.

Rumble CEO Chris Pavlovski at Consensus 2025 in Toronto (CoinDesk)

Finance

BitMine Immersion Added Nearly 70K Ether Last Week, Now Holding 3% of ETH Supply

Tom Lee's company increased its crypto holdings last week despite sitting on around $4 billion in unrealized losses on its ETH bet.

Screenshot of Tom Lee on CoinDesk TV (CoinDesk)