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

'Negative Skew': What It Is, Why It's Frustrating Bitcoin Bulls, and Why It Might Mean a Bottom is Near

If it seems like bitcoin prices react particularly negatively to falling stocks, but don't do a whole lot when stocks fly higher, you're not imagining it.

Skew

Markets

Bitcoin Slides Below $95K in Worst Week Since March; Analyst Sets Downside Target at $84K

BTC has tumbled nearly 9% this week, while ETH, SOL declined even further and XRP outperformed.

Bitcoin price (CoinDesk)

Markets

Ether Tumbles 8% as ETFs Bleed Over $1.4B, Long-Term Holders Sell

ETH plunged below $3,100 on Friday as the crypto selloff accelerated with bitcoin losing the $100,000 level.

Ether (ETH) price on Nov 14 (CoinDesk)

Markets

'No Truth to the Rumor': Michael Saylor Says Strategy Aggressively Accumulating Bitcoin

Amid the continued panicky action in crypto, online chatter suggested Strategy was unloading some of its bitcoin stack, a rumor Executive Chairman Michael Saylor shot down Friday morning.

Strategy Executive Chaiman Michael Saylor (Gage Skidmore / CC BY-SA 2.0 / Modified by CoinDesk)

Advertisement

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

Advertisement

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)