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

Crypto Treasury Names Hammered Further as Nasdaq Reportedly Ups Scrutiny

The major U.S. exchange will require at least some companies to get shareholder approval prior to raising money to buy crypto, according to The Information.

CoinDesk

Markets

Trump-Linked American Bitcoin Stock Falls Below IPO Price After 15% Plunge

The bitcoin miner, 80% owned by Hut 8 and 20% by Trump family members, saw its stock slide below its $6.90 IPO price just one day after listing on Nasdaq.

Eric Trump, Co-Founder & Chief Strategy Officer, American Bitcoin speaks at Consensus 2025. (CoinDesk)

Finance

NFL Opener Draws $600K on Polymarket as Platform Targets $107B Sports Betting Industry

With U.S. regulatory approval in hand, the crypto prediction market is moving beyond politics to challenge the far larger opportunity in sports betting.

Polymarket takes $600K in bets on NFL season Opener (Andrej Lisakov/Unsplash +)

Markets

Public Firm Bitcoin Holdings Top 1 Million BTC

With more than 630,000 coins, Michael Saylor's Strategy leads the pack as that milestone is hit.

High-resolution image of numerous shiny gold bitcoin tokens stacked together.

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Markets

Solana Outperforms Bitcoin; Possibly Poised to Follow Ether's Recent 200% Rally, Says Analyst

SOL is the "most obvious long right now," fueled by up to $2.6 billion demand from crypto vehicles in the next month, Arca CIO Jeff Dorman said.

Solana (SOL) price (CoinDesk)

Markets

Grayscale Launches Ethereum Covered Call ETF as Money Rushes Into ETH Funds

The new ETF, which opens for trade today under the ETCO ticker, aims to use an options strategy to generate income.

(Getty Images for Unsplash)

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)

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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