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

Etherealize Raises $40M to Bring Ethereum to Wall Street

The new capital builds on an earlier grant from Vitalik Buterin and the Ethereum Foundation.

(Shutterstock)

Markets

Bullish Gets Cautious Outlook from Compass Point

The current valuation is hard to justify, said analyst Ed Engel, initiating coverage with a neutral rating and $45 price target.

Crypto exchange Bullish goes public on the New York Stock Exchange. (CoinDesk/Nik De)

Markets

Trump-Linked American Bitcoin Soars 60%, Targets $2.1B Share Sale After Nasdaq Debut

The company began trading Wednesday under the ticker “ABTC” after completing its merger with Gryphon Digital Mining.

American Bitcoin co-founder Eric Trump at SALT Wyoming in August 2025. (Helene Braun/CoinDesk)

Tech

Lido Launches GG Vault for One-Click Access to DeFi Yields

GG Vault will automatically deploy user deposits across a basket of trusted DeFi protocols, helping investors earn yield without having to manage multiple positions themselves.

Large open bank vault door symbolizing secure bitcoin storage

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Finance

Ondo Finance Rolls Out Tokenized U.S. Stocks, ETFs as Equity Tokenization Ramps Up

Ondo Global Market's equity tokens are available on Ethereum and are backed by securities held at U.S.-registered broker-dealers, the firm said.

Donald Trump Junior speaks the Ondo Summit in New York City. (CoinDesk/Krisztian Sandor)

Markets

ArbitrumDAO Incentivizes DeFi Growth With 24M ARB Token Rollout

Season one of the DAO's $40 million DeFi Renaissance Incentive Program (DRIP), is aimed to drive up DeFi in its ecosystem

Arbitrum Booth(Danny Nelson/CoinDesk)

Policy

ECB President Lagarde Calls for Firm Safeguards on Foreign Stablecoins

Stablecoins should comply with the bloc’s regulatory standards before operating on EU soil, Lagarde argued.

ECB President Christine Lagarde (Alexandros Michailidis/Shutterstock)

Markets

Solowin Closes $350M AlloyX Deal to Expand Stablecoin Infrastructure in Emerging Markets

The all-stock deal integrates AlloyX's technology, including a stablecoin application platform and RWA tokenization tools, into Solowin's ecosystem.

Stock market price charts (Anne Nygård/Unsplash)

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Finance

Galaxy Digital Tokenizes Its Shares on Solana With Superstate

The firm's common stock is now tradable on-chain through Superstate’s Opening Bell platform as SEC-registered tokens.

Galaxy Digital CEO Mike Novogratz (Danny Nelson/CoinDesk)

Markets

Coinbase Equity Futures to Blend Mag 7 Tech Stocks With Crypto ETFs

Mag7 + Crypto Equity Index Futures are coming to the crypto exchange on September 22.

Coinbase (appshunter.io/Unsplash)