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

STRF Emerges as Strategy’s Standout Credit Instrument After Nine Months of Trading

The company's senior preferred stock has rebounded 20% from November lows, with investors apparently favoring that over the more junior issues.

STRF/STRD (TradingView)

Markets

Aptos Drops 6% to $1.85 as Technical Breakdown Accelerates

The token broke through key support levels and underperformed wider crypto markets.

"Aptos Price Drops 1.90% to $1.85 Amid Technical Breakdown and Institutional Selling"

Markets

JPMorgan Maintains Bitcoin's Gold-Linked Target at $170K Despite Recent Drop

The bank’s volatility-adjusted bitcoin-to-gold model still points to a theoretical price around $170K over the next six to twelve months.

Bitcoin Logo (Midjourney/modified by CoinDesk)

Finance

Polymarket Hiring In-House Team to Trade Against Customers — Here's Why It's a Risk

The prediction market’s move toward internal market making could blur the line with sportsbooks and undermine the platform’s neutrality, experts warn.

Polymarket CEO Shayne Coplan (Polymarket)

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Finance

Kraken Partners With Deutsche Börse as Europe Looks to Rival Wall Street in Crypto

Deutsche Börse Group (DBG) and Kraken announced a strategic partnership signalling acceleration of crypto adoption across Europe and a clear intention to compete with Wall Street.

Deutsche Borse. (Wikipedia)

Crypto Daybook Americas

Bitcoin Could Continue Chopping Below $95K Into Year-End and Altcoins Could Benefit, Analyst Says

Low-liquidity in December may cap bitcoin's recovery rally, but rangebound trading for the largest crypto could benefit smaller digital assets, Wincent's Paul Howard said.

Bitcoin (BTC) price on Dec. 4 (CoinDesk)

Policy

Crypto Investor Donates $12M to UK's Reform Party

Christopher Harborne has invested in stablecoin issuer Tether and crypto exchange Bitfinex, according to reports.

Nigel Farage (Gage Skidmore/Wikimedia Commons)

Markets

Sovereign Wealth Funds Were Buyers as Bitcoin Plunged: BlackRock's Larry Fink

The CEO of the asset management giant, whose IBIT is the largest of the spot BTC ETFs, said the state actors were buying not for a trade, but to hold for years.

Brian Armstrong and Larry Fink (David Dee Delgado/Getty Images)

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Markets

BONK Edges Higher as Narrow-Range Trading Holds Above Key Support

The Solana meme token posted a modest gain while repeated resistance tests and shifting volume patterns kept price action confined to a tight band.

BONK-USD, Dec. 4 (CoinDesk)

Markets

XRP ETFs Extend Record Inflow Streak to 13 Days, Closing in on $1B Milestone

U.S. spot XRP ETFs recorded a net inflow of $50.27 million on December 3, pushing their cumulative total to $874.28 million.

U.S. sport XRP ETFs have recorded only inflows since their launch.