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

AI chipmaker Cerebras down 11% after first public earnings report

While revenue was up 92% from year-ago levels, the company forecasted a lower core gross margin next quarter.

CBRS (TradingView)

Markets

Bitcoin may need to plunge 15% or more to mark bottom, according to this long-time indicator

With bitcoin testing its 200 week moving average, on-chain data suggests the $50,000 to $54,000 range could become the next key battleground.

Realized Price (Glassnode)

Markets

Strategy's STRC slump prompts Terra comparisons that don't hold up, says analyst

Benchmark's Mark Palmer says the comparison misreads what STRC is — a dividend-paying share backed indirectly by bitcoin, not a peg waiting to break.

Michae Saylor (Jason Koerner/Getty Images)

Markets

coverage ended

Live updates: Saylor's Strategy sinks to new 52-week low as bitcoin drops to $62,000

Crypto prices are again on the defensive amid a global stock rout set off by a 10% plunge in South Korea's Kospi.

pen rests on paper showing sketched graph going lower.

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Markets

OKX and NYSE partner to bridge tradfi and crypto markets in joint venture led by Andrew Cuomo

The goal is to enable OKX’s 120 million global users to access ICE futures and NYSE tokenized equities markets, the two U.S. companies announced.

NYSE (Tobias Deml/Wikimedia Commons)

Finance

Bitmine added $92 million of ETH, with Tom Lee continuing to believe in 'crypto spring'

The largest Ethereum treasury firm slowed its buying pace but remains on track to reach its goal of owning 5% of ETH supply.

Tom Lee on the Mainstage at Consensus Miami 2026

Markets

Bitcoin mining network becoming more sensitive to price swings, JPMorgan says

A growing share of miners are operating near breakeven levels, making hashrate and mining difficulty increasingly responsive to bitcoin's price movements, the bank said.

Racks of crypto mining machines.

Markets

Strategy added $35 million in bitcoin, $300 million in cash reserves last week

The boost to cash reserves is meant to reassure investors about dividend payments on the company's hard-hit preferred shares, STRC.

Strategy's Michael Saylor (CoinDesk)

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Tech

Live markets: Bitcoin gives up morning gains as Nasdaq sheds more than 1%

Eased ETF selling and improving risk appetite are being offset by a firmer dollar and cautious institutional flows, leaving bitcoin range-bound, one analyst said.

Rising candle chart on monitor screen (Jakub Żerdzicki/Unsplash)

Tech

Live markets: price action turns panicky in Saylor's STRC as bitcoin drops below $63,000

Total crypto market value has held steady near $2.26 trillion since Tuesday, with the recovery losing momentum after the Fed killed rate-cut hopes and spot ETFs swung back to outflows.

Strategy Executive Chairman Michael Saylor (CoinDesk Television)