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

What Happens to Bitcoin Price if Spot ETF Isn’t Approved?

Bitcoin's recent strong performance at least in part is due to optimism regarding the imminent launch of multiple spot ETF products.

BitcoinETF: What Comes Next?

Finance

BitGo and Copper Combine Crypto Custody Settlement Networks

The network effect of BitGo’s cold storage settlement system and Copper’s ClearLoop comprises exchanges like Bybit, OKX, Powertrade, Bitget, Gate.io, Deribit, BIT, Bitfinex and Bitstamp.

CEO of BitGo Mike Belshe in a chair on-stage at Consensus 2023

Finance

U.S. October Jobs Up 150K, Missing Forecasts for 180K; Bitcoin Remains Lower at $34.3K

Interest rates of late have fallen sharply across the U.S. yield curve as traders place bets the Fed is finished tightening monetary policy.

(Helene Braun/CoinDesk)

Markets

Solana Is Down 15% Since Hitting a 14-Month High. Is the Rally Over?

The token is up more than four-fold in 2023 after starting the year at around $10.

Solana price on Nov. 2 (CoinDesk)

Markets

Here's Why Bitcoin Will 10X From Here: Michael Saylor

"For the industry to move to the next level, we need to migrate to adult supervision," said the MicroStrategy executive chairman.

MicroStrategy Executive Director Michael Saylor (CoinDesk)

Markets

Bitcoin Round-Trips Its Way Back Under $35K as Fidelity's Timmer Calls It 'Exponential Gold'

The world's largest crypto remains in the green over the past 24 hours, but has slumped nearly 4% from its overnight high.

All but one of the recently launched spot bitcoin exchange-traded funds (ETF) charge a lower fee than the largest gold ETF, making them a cheaper investment into a gold-like asset. (Unsplash)

Finance

MicroStrategy Acquired an Additional 155 Bitcoin Since End of Q3

The company booked an impairment loss of $33.6 million on its digital asset holdings in the thrid quarter.

MicroStrategy Executive Director Michael Saylor (CoinDesk)

Markets

Bitcoin Retakes $35K After FOMC as Solana's SOL Leads Sharp Altcoin Rally

The Federal Reserve pulled no surprises on Wednesay as it kept policy on hold but promised a continued focus on bringing inflation to heel.

BTC price today (CoinDesk)

Markets

Federal Reserve Leaves Rates Unchanged; Bitcoin Flat at $34.5K

Market participants will now turn to Fed Chair Jerome Powell's post-meeting press conference to glean insight into the future path of U.S. central bank policy.

Federal Reserve Chair Jerome Powell speaks at the Brookings Institute in Washington, D.C. on Nov. 30, 2022. (Helene Braun/CoinDesk)

Finance

Bitget Embroiled in Bitter $10M Dispute With Floki Over TokenFi Memecoin Listing

Floki Inu alleges that Bitget created a $10 million hole by selling tokens that it didn't hold, effectively creating a synthetic short position.

Floki involved in dispute with Bitget (Bob Brewer/Unsplash)