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

Bitcoin Retakes $111K as Risk Assets Reverse Off Worst Levels

U.S. stocks opened sharply lower after the three day weekend, but have narrowed those losses.

CoinDesk

Finance

CleanCore in $175M Deal to Establish a Dogecoin Treasury; Shares Tumble 60%

The firm also named Alex Spiro, high-profile attorney and Elon Musk's lawyer, as chairman of the board effective immediately.

Shiba inu dog

Finance

Kraken, Backed Bring Tokenized Equities Offering to Ethereum Mainnet

The expansion of xStocks aims to integrate tokenized stocks with Ethereum’s vast DeFi ecosystem., the firms said.

Kraken on phone (PiggyBank/ Unsplash)

Finance

The Ether Machine Gets $654M ETH Investment From Blockchains’ Jeffrey Berns

Berns’ commitment brings company's ETH holdings to over $2.1 billion as it prepares to go public via a merger later this year.

Ethereum Logo

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Markets

Crypto Exchange Gemini Aims for $2.22B Valuation in U.S. IPO, Seeking to Raise $317M

The Winklevoss-led company plans to sell 16.67M shares at $17–$19 each, tapping a hot IPO market.

Gemini co-founders Cameron and Tyler Winklevoss at White House (Jesse Hamilton/CoinDesk)

Markets

Strategy’s Equity Shift Is No Retreat From Bitcoin Strategy, Benchmark Says

Analyst Mark Palmer reiterated his buy rating and $705 price target on the Michael Saylor-led company, which is more than a double from current levels.

Strategy Executive Chairman Michael Saylor (CoinDesk)

Finance

BitMine Immersion Boosts Ether Holdings to $8.1B, With $623M in Cash for More Purchases

Led by Tom Lee, the company aims to control 5% of ether's supply, positioning itself as the largest listed ETH treasury firm.

Screenshot of Tom Lee on CoinDesk TV (CoinDesk)

Markets

Strategy Added Another 4,408 Bitcoin for $450M Last Week

Led by Michael Saylor, the company bitcoin stack has grown to 636,505 coins worth about $70 billion.

Strategy Executive Chairman Michael Saylor in 2021 (Photo by Joe Raedle/Getty Images)

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Markets

Bitcoin's Rough August Wiped Out Summer Rally; What September Might Bring

There's not an unlimited pool of capital available for crypto, and ether attracted the big money this month.

August

Finance

Web3 Funding Hit $9.6B in Q2 Despite Fewer Deals

Venture capital is consolidating into larger, higher-conviction bets, with infrastructure projects leading the way, according to Outlier Ventures

16:9 Market growth, surge, rally(Mediamodifier/Pixabay)