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

AMBTS Raises $23.2M to Build Bitcoin Treasury, Targets 1% of BTC in Circulation

The Amdax-backed initiative sets sights on Euronext listing; The founder of bitcoin miner Hut 8 is among the investors.

Windmills in Amsterdam. Credit: Shutterstock

Markets

Bitcoin Remains Under Pressure as Gold Quietly Targets New Record High

Gold climbed nearly another 1% on Thursday to just below $3,500 per ounce.

Close-up of stacked gold bars. (Jingming Pan/Unsplash)

Markets

Polkadot's DOT Returns to $3.90 Support After Earlier Gain

Support has formed in the $3.90-$3.91 zone, with resistance at $4.02.

Paraguay's $6M Polkadot Investment Spurs 2% DOT Price Gain Amid Institutional Accumulation

Markets

BONK Jumps 4% as Institutional Activity Signals Growing Solana Confidence

Institutional capital and Solana ecosystem growth fuel optimism for memecoin utility.

BONK, Aug. 28 2025 (CoinDesk)

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Finance

Startup M0 Raises $40M Series B as VCs Pile Into Stablecoins: Report

M0, which has now raised almost $100 million in capital do far, declined to disclose its valuation in the funding round

Scattered pile of $1 bills (Gerd Altmann/Pixabay)

Markets

Nvidia Shares Edge Lower After Earnings Beat; Cryptocurrencies Little-Changed

Bitcoin and other cryptos showed some volatility, but were mostly flat in the minutes following the report.

CoinDesk

Markets

Cardano Gains 2%, Shrugs Off ETF Delay

ADA rallied to $0.87 on surging volume, ignoring the SEC’s pause on Grayscale’s ETF and hinting at institutional interest.

Cardano’s ADA token climbed 3% to $0.87 in the past 24 hours, according to CoinDesk Analytics data.

Markets

Nvidia Earnings Loom Large, With Bitcoin Traders Eyeying Correlation

The options market is braced for a $270 billion swing as Nvidia results approach.

Nvidia CEO Jensen Huang (Nvidia)

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Markets

Hut 8 Maps 'Path to Monetization' of Energy Assets as Bitcoin Mining Carve-Out Nears: Benchmark

Benchmark analyst Mark Palmer hiked his Hut 8 price target to $36 from $33, while reiterating his buy rating on the stock.

Hut 8 plant

Finance

Aave Labs Debuts Horizon to Let Institutions Borrow Stablecoins Against Tokenized Assets

The platofrm allows borrowing Circle's USDC, Ripple's RLUSD and Aave's GHO against a selection of tokenized funds, making real-world assets useful capital.

(Christian Dubovan/Unsplash, modified by CoinDesk)