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

Goldman Sachs and BNY Mellon Team Up for Tokenized Money Market Funds

The Wall Street banking giants are joining to a growing roster of traditional financial firms to offer tokenized versions of assets.

Goldman Sachs logo (CoinDesk archives)

Markets

Altcoin Season Takes Breather With SOL, XRP, TON Among Those Posting Heavy Losses

Altcoins tumbled Wednesday, triggering over $200M in liquidations and pushing bitcoin’s dominance back past 60%.

Total crypto market cap excluding BTC (TradingView)

Finance

Brazil's VERT Debuts Tokenized Credit Platform on XRP Ledger With $130M Issuance

The offering, with Ripple's contribution, aims to streamline Brazil’s structured credit market and attract foreign investors.

Brazil flag (Shutterstock)

Tech

Ethereum Validator Exit Queue Tops $2B as Stakers Rush to Quit After 160% Rally

The exodus stretched the waiting line to over 10 days, but strong staking demand from ETH treasury firms and SEC clarity may keep sell pressure in check.

Ethereum has a backlog of validators waiting to exit the chain. (Koushik Pal/Unsplash, modified by CoinDesk)

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Markets

BONK Holds Key Support as Volatility Grips Market

The Solana-based memecoin weathered an 8% intraday swing amid a Galaxy Digital transfer and Binance reclassification.

BONK-USD, July 22 2025 (CoinDesk)

Markets

Bitcoin ETFs' 12-Day Inflow Streak Comes to an End as Price Stalls

The spot bitcoin funds on Monday saw outflows of $131 million as speculative interest turned in a big way to altcoins.

CoinDesk

Finance

Kraken to Support Biotech Firm Windtree’s $200M BNB Treasury Play

Crypto exchange Kraken will custody and manage BNB assets for Windtree Therapeutics' crypto treasury plan tied to Binance Chain.

Kraken_logo2

Finance

PNC Bank to Offer Crypto Access Through Coinbase Amid Growing Institutional Demand

The partnership aims to bring crypto trading to PNC clients and banking support to Coinbase, the companies said.

CoinDesk

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Finance

Bitcoin Miner Bitfarms Jumps 8% on Share Buyback Program

The company CEO called the stock undervalued, with an "underappreciated" bitcoin business and little to no value being applied to the firm's high-performance computing potential.

Bitfarms facility in Saint-Hyacinthe, Quebec, Canada.  (CoinDesk archives)

Finance

SharpLink's Ether Bet Surpasses $1.3B After Latest Purchase

The ether treasury company said it bought nearly 80,000 ETH over the last week as Joseph Lubin praised the GENIUS Act as a watershed moment for regulatory clarity.

Joe Lubin speaking at Consensus 2024 by CoinDesk. (Shutterstock/CoinDesk/Suzanne Cordiero)