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

Bybit Resumes Full Crypto Trading in India After Paying $1M Fine, Securing Compliance

The exchange had suspended most services in January 2025 due to operating without proper registration under anti-money laundering rules.

Bybit lost roughly $1.5 billion in crypto to a theft Friday. (appshunter.io/Unsplash)

Markets

Worldcoin’s WLD Surges 25% as $250M Treasury Deal Fuels Momentum

More than 530,000 new users verified in the past seven days, the highest jump in weeks, lifting the total above 33.5 million.

(Eliza Gkritsi/CoinDesk)

Finance

Tether CEO Dismisses Suggestions Company Sold Bitcoin to Buy Gold

Paolo Ardoino said Tether, issuer of the world's largest stablecoin USDT, "didn't sell any bitcoin."

Tether 's logo painted on a wooden background.

Finance

Bitcoin and Stablecoins Dominate as India, U.S. Top 2025 Crypto Adoption Index

USDT and USDC continue to lead global stablecoin flows, but EURC and PYUSD are rising fast as institutional rails expand

Indian flag (Naveed Ahmed/Unsplash)

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Tech

Popular DEX Hyperliquid Moves Forward to Launch Proprietary Stablecoin

A proprietary stablecoin could reduce Hyperliquid's dependency on USDC and potentially capture a part of the revenues from reserve assets.

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

Finance

SOL Strategies Wins Nasdaq Listing, Shares to Trade Under ‘STKE’

The Toronto-listed digital asset firm is focused on the Solana blockchain and will continue to trade there under the HODL symbol.

Solana sign and logo

Markets

Ether Enthusiasm Cools as ETFs Shed $505M in 4-Day Slide

The spot bitcoin ETFs saw $284 millions of inflows over the same period, signaling a stark divergence in investor sentiment.

CoinDesk

Markets

Ether Leads Crumbling Crypto Prices in Shocking Reversal From Early Rally

Soft U.S. jobs numbers released Friday cemented the case for an imminent Fed rate cut and provided what turned out to be only a brief jolt higher to crypto markets.

Ether has fallen below a key bull market trendline.  (Eva Blue/Unsplash)

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Finance

Trump Media Closes on Purchase of $105M in Cronos Tokens in Crypto.com Deal

The company added CRO to its balance sheet and will integrate token rewards into its services as part of partnership with the crypto exchange.

President Donald Trump and Crypto.com CEO Kris Marszalek

Markets

U.S. Added Just 22K Jobs in August as Unemployment Rate Rose to 4.3%

The soft numbers not only cement the case for a Fed rate cut later this month, but likely put a 50 basis point move on the table versus the previously expected 25.

The U.S. released January jobs numbers Friday morning (Ernie Journeys/Unsplash)