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

Tom Lee's Ethereum Treasury Firm BitMine Immersion Appoints Chi Tsang as CEO

Tsang has replaced Jonathan Bates, who led the former bitcoin mining firm from its early days through its pivot to an Ethereum treasury strategy.

Ethereum News

Markets

Strategy Plunges to Weakest in 13 Months, but Still Trades at Premium to Bitcoin Holdings

Alongside bitcoin's tumble back to $98,000, MSTR is lower by another 6.6% on Thursday, bringing its year-to-date decline to 30%.

MicroStrategy

Markets

Bitcoin Crumbles Below $100K, Crypto Stocks Eviscerated as Liquidity Crunch Hammers Risk Markets

Crypto’s U.S. trading-hour weakness continues as hopes for a new 2025 BTC high fade, a market strategist said.

Bitcoin (BTC) price falls below $100,000 (CoinDesk)

Finance

Solana-Focused Upexi Approves $50M Share Buyback as Digital Asset Treasuries Turn to Repurchases

The Solana-centric company is joining a growing list of crypto treasury companies opting to buy back shares as investor appetite for DATs vane.

Stylized solana graphic

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Tech

dYdX Governance Approves Buyback Increase to 75% of Protocol Revenue

The new proposal, which 59.38% of the community approved, charts a course to raise the buy-back allocation up from 25% of net protocol fees.

person casting votes

Markets

Emory University Doubles Down on Bitcoin With $52M Grayscale BTC ETF Stake

The managers of the Georgia university's endowment are showing an inclination towards hard assets, opening a sizable position in a gold ETF as well.

Main quadrangle on Emory University's Druid Hills campus (Wikipedia)

Markets

BONK Falls 3.9%, Sliding Below Support

BONK dropped 3.9% to $0.00001223 as volume nearly doubled amid a breakdown through key support levels.

BONK-USD, Nov. 13 2025 (CoinDesk)

Markets

First XRP Spot ETF Opens for Trade With Canary Capital's XRPC

XRP is the latest token to be wrapped in a spot exchange-traded fund after the introduction of bitcoin and ether funds 2024 and solana just weeks ago.

Canary Capital founder and CEO Steve McClurg (Danny Nelson/CoinDesk)

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Finance

Circle Unveils StableFX to Power Onchain Currency Trading on Upcoming Arc Blockchain

The USDC issuer's new stablecoin foreign exchange engine aims to modernize cross-border payments, reduce risk and streamline settlement.

Jeremy Allaire, Co-Founder, Chairman and CEO, Circle Speaks at Hong Kong Fintech Week in 2024 (HK Fintech Week)

Markets

UFC to Debut Fan Prediction Scoreboard in Polymarket Deal

TKO inks multi-year pact with Polymarket, bringing real-time sentiment tracking to UFC and Zuffa Boxing broadcasts.

(Rikin Katyal/Unsplash)