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 pulls back to $90,000 as early Friday rally attempt fails

U.S. employment data for December was mixed, while inflation expectations edged higher, and the U.S. Supreme Court did not deliver a ruling on the Trump Administration's tariffs.

Lower rates may be behind bitcoin's big move (© Eugene Mymrin)

Finance

Crypto exchange OKX cuts institutional staff amid global restructuring

The exchange has overhauled its institutional business as part of a broader restructuring, with approximately one-third of its sales team exiting, according to one source.

A man runs past a wall-painted exit pictogram toward a door.

Markets

U.S. added 50,000 jobs in December as unemployment rate fell to 4.4%

Bitcoin continued to hold just above $90,000 in the minutes following the report.

Sign saying "Now Hiring" sits on a lawn.

Markets

Bitcoin may be gearing up for a rally that sent price to $126,000 last year

The current tight consolidation closely mirrors the April 2025 range that set the stage for the record run above $126,000.

BTCUSD (TradingView)

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Markets

‘Deeply undervalued’ bitcoin faces continued bear market with no clear upside catalyst

Experts say the next major rally may come only when long-term holders are exhausted, and true institutional capital enters the market.

Boring market

Markets

Bitcoin bounces to $90,500 after testing key support of $89,200

The early rally to start the year failed to break past $95,000, setting the stage for the current pullback, according to one trading firm.

Support

Finance

Optimism proposes OP token buybacks using 50% of Superchain revenue

Under the proposal, which is set to move to a governance vote on January 22, Optimism would begin monthly buybacks starting in February.

(Micheile/Unsplash)

Markets

Crypto selloff accelerates, sending bitcoin back to $91,000

Strategy is an outperformer following MSCI's decision not to exclude the stock from its indices, but any positive reaction was muted by the decline in BTC.

(Andriy Onufriyenko/Getty Images)

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Markets

Rumble introduces crypto wallet with Tether, allowing tips in BTC, USDT, XAUT

Integrated into the Rumble app, the non-custodial wallet allows fans to tip content producers.

(Cheng Xin/Getty Images)

Finance

Babylon Labs raises $15 million from a16z crypto to develop Bitcoin collateral infrastructure

Funding will be used to build and scale Babylon Trustless BTCVaults, enabling native bitcoin to be used as onchain collateral without custodians or wrapping.

Digitally altered photo of a dollar bill (Ryan Quintal/Unsplash, Modified by CoinDesk)