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


Finance

Ethena lands Janus Henderson backing as asset manager invests in ENA, eyes USDe distribution

The deal underscores the trend of traditional asset managers backing DeFi infrastructure, following BlackRock's Uniswap and Apollo's Morpho investments.

Guy Young

Markets

Come back after the summer, says one analyst on crypto markets

Bitcoin's growing divergence from tech stocks raises concerns as AI spending surges, says Quinn Thompson.

DeFi Summer has cooled.

Markets

Bitcoin inflows slow sharply in 2026 as investors chase AI, Bernstein says

Bernstein said bitcoin's increasingly diversified ownership base supports its long-term store-of-value thesis.

Digital representation of a physical bitcoin.

Markets

BlackRock warns of energy shock as May CPI is set to show acceleration in inflation

BlackRock is closely watching Wednesday's CPI as an early test of how U.S.-Iran tensions are feeding into already elevated prices in the economy.

Wooden block tiles spell out the word "inflation." (Markus Winkler/Unsplash)

Advertisement

Tech

coverage ended

Live updates: Bitcoin narrows early losses, returns to $62,000 as Nasdaq bounces to close down 1%

Crypto prices rose on Monday following last week's crash, but the bears still appear to be in control.

Bitcoin  (getty Images)

Finance

Influential research firm that caused AI stock meltdown lays out Hyperliquid as 'compelling' idea

Unlike most crypto, Hyperliquid actually generates cash flow and has a token buyback mechanism, says Citrini Research

Hype

Finance

Live updates: Bitcoin tops $63,000 as Strategy adds $100 million BTC in latest purchase

Meanwhile, Strive bought 32 bitcoin, the same number Strategy dumped last week.

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

Finance

America’s largest banks are building a new digital currency network to stop a massive deposit drain

America’s biggest banks are launching tokenized deposits to compete with stablecoins, opening a new front in the race to become the dominant form of cash on blockchain networks.

Wall Street. (Chenyu Guan/Unsplash)

Advertisement

Markets

Michael Saylor’s rallying cry: Bitcoin needs four forces to win

The Strategy executive chairman argued that four distinct camps each play a vital role in bitcoin’s long-term success.

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

Markets

Bitcoin loses $60,000, falls to weakest price since October 2024

Several headwinds converged over bitcoin recently as its largest buyer turned seller, ETF investors headed for the exits, and rate-hike fears rose.

(Unsplash+/Getty Images)