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

U.S. September CPI comes in hot, sending bitcoin sharply lower

The news could put multiple rate hikes by the Federal Reserve back into play.

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Finance

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Live updates: Bitcoin tumbles more than 1% after disappointing inflation report

Bond yields and Fed rate hike expectations are jumping higher after the September CPI report was hotter than expected at both the headline and core levels.

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Markets

Strive raising $500 million to buy additional bitcoin with new preferred share class

SATS will offer a fixed 15% dividend yield at par and be junior to the company's existing SATA, which pays a variable rate (currently 13%).

Strive CEO Matt Cole speaks at BTC Asia in Hong Kong (screenshot)

Markets

Live updates: Bitcoin trading in tight range near $83,000 ahead of key U.S. inflation data

The September CPI report comes out on Wednesday, with economists expecting a sizable increase in the headline number but a softening in the core rate.

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Markets

President Trump declares 'energy ceasefire' between Russia and Ukraine

"Ukraine supports the ceasefire, and it is important that Russia support it as well," said Ukrainian President Zelensky.

Donald Trump seated on an armchair.

Markets

One year after 10/10 flash crash, bitcoin and ether liquidity have rebuilt, but altcoins still face risks

Bitcoin and ether order books are deeper than before the crash, while altcoin liquidity keeps eroding and spot trading remains well below its October 2025 peak.

Liquidity divergence (CoinDesk data)

Markets

Bitcoin's $19 billion wake-up call: One-year after flash crash, has crypto learned anything?

The Oct. 10, 2025 flash crash wiped out billions in leveraged crypto bets. Traders now have better tools to spot risks, but the forces behind the selloff remain.

CoinDesk

Policy

DWF Labs subsidiaries sue BitGo for $141 million over alleged token lock-up breach

DWF is seeking $114 million in damages on the basis BitGo’s token sales resulted in direct losses through the fall in tokens' prices.

London High Court (Shutterstock)

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Finance

Live updates: Bitcoin slips from day's highs, set to close week with a loss

Bitcoin ETFs lost $244 million on Thursday and the ZEC fund extended a run of October outflows. Bitcoin is back near $82,000 after a $1 billion liquidation.

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Markets

Wall Street's tokenization boom could have bigger winners than bitcoin and ether, Citrini says

The research firm sees tokenized stocks, bonds and loans creating new markets for trading and lending, with fee-generating platforms and companies poised to benefit.

Wall street signs (Lo Lo/Unsplash)