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

Here are the winners and losers (so far) in bitcoin mining from Nvidia's $2B CoreWeave investment

Nvidia’s deepened partnership with CoreWeave raises pressure on bitcoin miners pivoting to AI infrastructure.

Racks of mining machines.

Markets

Coreweave stock gains 9% on fresh $2 billion Nvidia investment

Already an investor in CoreWeave, Nvidia last September had agreed to purchase $6.3 billion of computing services from the AI infrastructure provider.

CoinDesk

Markets

Strategy purchased $264 million in bitcoin last week, a slowdown from recent acquisition pace

The company’s stack now stands at 712,647 BTC, worth about $62 billion at the current price of $87,500.

Executive Chairman of Strategy Michael Saylor

Markets

Here's what bitcoin bulls are saying as price remains stuck during global rally

It's about a lot more than "zooming out." Supply overhangs and investor "muscle memory" regarding gold help explain bitcoin's poor absolute and relative performance.

Here's what bitcoin bulls are saying as price remains stuck during global rally

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Markets

Bitcoin surges to $91,000, showing signs of life on suspected Bank of Japan intervention

Having earlier breached $100 per ounce for the first time ever, silver has risen to $101, while gold sits just shy of $5,000 per ounce.

CoinDesk

Markets

Crypto custodian BitGo down 12%, falling well below IPO price on second trading day

The company came public at around a $2 billion valuation on Thursday.

BitGo at NYSE. (X/Matt Ballensweig)

Finance

A hacker’s $23 million ‘flex’ backfires after sleuth traces funds to a massive U.S. government seizure

A recorded online dispute between alleged threat actors led blockchain investigator ZachXBT to trace millions in illicit crypto to a single wallet.

hackers (Modified by CoinDesk)

Markets

Bitcoin slips back to $88,500 as silver tops $100 for first time ever and gold eyes $5,000

Spot bitcoin ETFs booked over $1.6 billion in outflows in four days, underscoring the rapid reversal in investor demand after last week's strong inflows.

Bitcoin price on Jan. 23 (CoinDesk)

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Markets

Buying ether and Bitmine Immersion ahead of weekend a good bet: Standard Chartered

Increasing transaction activity on Ethereum and Tom Lee's continued buying bode well for the crypto, which has tumbled from 2026 highs in recent days, said Geoff Kendrick.

Ethereum Logo

Finance

Swiss banking giant UBS planning to offer crypto services to specific clients

UBS will gradually introduce crypto services, starting with select private clients in Switzerland, according to Bloomberg.

UBS, the Swiss banking giant. (Photo by Claudio Schwarz on Unsplash/Modified by CoinDesk)