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

Swedish Buy Now, Pay Later Giant Klarna Rolling Out Stablecoin with Stripe's Bridge

Digital bank Klarna's stablecoin, issued by Stripe’s Bridge on top of the upcoming Tempo blockchain, is set to debut next year.

U.S. dollar (Unsplash, modified by CoinDesk)

Markets

Exodus’ W3C Deal Adds Stability as Firm Builds Full Payments Stack: Benchmark

The acquisition pushes the crypto-wallet maker toward a more fintech-style business model.

Scattered pile of $1 bills (Gerd Altmann/Pixabay, modified by CoinDesk)

Markets

Crypto Market Mood Lifted as Amazon Pours $50B Into AI Infrastructure

The price of bitcoin jumped back above $87,000 and crypto miners with a focus on AI/high-performance computing are surging.

CoinDesk

Markets

Rumble Gains 13% After Tether Boosts Stake by 1M Shares

The advance occurred alongside a rally in data center and high-performance computing stocks.

Rumble CEO Chris Pavlovski at Consensus 2025 in Toronto (CoinDesk)

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Finance

BitMine Immersion Added Nearly 70K Ether Last Week, Now Holding 3% of ETH Supply

Tom Lee's company increased its crypto holdings last week despite sitting on around $4 billion in unrealized losses on its ETH bet.

Screenshot of Tom Lee on CoinDesk TV (CoinDesk)

Markets

Citigroup Warns of Bitcoin Halving-Season Chill as Prices Sink, ETF Outflows Near $4B

Crypto is stuck in a second-year post-halving slump, with ETF outflows and jittery long-term holders pushing bitcoin toward the bank’s bear-case outlook.

A person looking at multiple trading screens. (sergeitokmakov/Pixabay/Modified by CoinDesk)

Markets

Investors Should Buy the Dip in Coinbase and Circle, Says William Blair

The latest crypto slide has created an attractive entry point for the two companies' stocks, with core USDC and bitcoin theses still intact.

Coinbase (appshunter.io/Unsplash/Modified by CoinDesk)

Markets

Strategy Might Have Paused Bitcoin Accumulation Last Week

The company's stock valuation sits near cycle lows as index exclusion chatter grows.

MicroStrategy Executive Chairman Michael Saylor (Danny Nelson/CoinDesk)

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Markets

Bitcoin Miners Cipher and CleanSpark Upgraded by JPMorgan as HPC Shift Accelerates

The bank sees new upside for bitcoin miners as HPC partnerships reshape the sector.

Racks of mining machines.

Finance

Upbit Seeking Nasdaq IPO Following Merger With Naver: Bloomberg

The deal between Upbit and Naver was reported in September, with suggestions that the former's parent Dunamu would be brought under Naver's financial arm.

Upbit-logo (CoinDesk Archives)