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

ETH Surges 10% to Year-to-Date Gain as Bitcoin Retakes $120K

It's six month high for ETH thanks to tailwinds from corporate ether treasury strategies and ETF inflows.

Ether (ETH) price on July 15 (CoinDesk)

Markets

Altcoin Season Returns? Bitcoin Consolidates With ETH, SUI, SEI Among Those Taking Charge

A continued altcoin season will depend on whether BTC continues to tread water near record highs or begins to break levels of support or resistance.

Crypto total market cap excluding BTC (TradingView)

Markets

Cantor Equity Partners 1 Gains 25% on $3.5B Bitcoin Deal With Adam Back

The FT reported overnight of an imminent agreement with the Bitcoin OG to provide CEPO with 30,000 BTC.

Blockstream CEO Adam Back at Consensus Hong Kong in February (CoinDesk/Personae Digital)

Markets

Peter Thiel Reveals 9.1% Stake in Tom Lee's ETH-Focused Bitmine Immersion Technologies

BMNR is ahead 25% today, with ether up another 9% as interest continues to build in ETH corporate treasury strategies.

Peter Thiel

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Markets

BTCS Joins Russell Microcap Index as Ether Treasury Firms Continue to Post Big Gains

The move comes amid a broader trend of companies turning to an ether treasury reserve, with several firms seeing significant share price increases in recent weeks.

Stock market price charts (Anne Nygård/Unsplash)

Markets

Arbitrum's ARB Surges After Appearing Among Supported Chains for PayPal's $850M PYUSD Stablecoin

PayPal's cryptocurrency terms listed the network as a supported chain for its Paxos-issued stablecoin, despite any deal not being officially announced.

PayPal logo on iphone screen (Marques Thomas/Unsplash)

Markets

BNB Climbs as Binance Dominates Q2 Volumes Alongside Broader Crypto Rally

Binance maintained its top spot among crypto exchanges, handling over 35% of global trading volume in the second quarter.

BNB price chart (CoinDesk Data)

Tech

Eclipse Launches $ES Airdrop, Distributing 15% of Token Supply

The team behind the network shared that the initial distribution will occur over the next 30 days.

eclipse

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Markets

Strategy’s Convertible Bond Prices Surge as Stock Advances Back Toward Record High

Five of the six convertible issuances from the serial bitcoin acquirer are trading deep in the money, creating billions in unrealized value.

Strategy Executive Chairman Michael Saylor standing. (Nikhilesh De/CoinDesk))

Finance

Early Bitcoiner Adam Back Nears $3.5B BTC Deal With Brandon Lutnick-Led Cantor SPAC: FT

According to the report, the Cantor Equity Partners 1 shell company would acquire 30,000 bitcoin from Back and his Blocksteam Capital in exchange for shares in the Cantor vehicle.

Blockstream CEO Adam Back at Consensus Hong Kong in February (CoinDesk/Personae Digital)