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

TON, RNDR Surge More Than 13% as Bitcoin Rebounds to $63K

Apple's brief mention of Render-powered 3D design software Octane cheered bulls on RNDR.

(sergeitokmakov/Pixabay)

Finance

Bitcoin Miner Marathon Digital Misses Q1 Revenue Expectation On Operational Challenges

The shares of the miner dipped about 1.5% in after hours trading on Thursday afternoon.

Marathon Digital CEO Fred Thiel (CoinDesk)

Finance

Grayscale Parent Digital Currency Group Reports $229M Revenue for Q1

Grayscale, which converted its flagship Grayscale Bitcoin Trust into an ETF in January, saw revenue stay flat as rising crypto prices balanced out heavy outflows and a lower management fee.

Digital Currency Group CEO Barry Silbert (CoinDesk archives)

Tech

ETH Reverts to Inflationary Asset Following Fee-Reducing Dencun Upgrade

Transaction fees are four times lower on average following the recent Dencun upgrade.

(Jp Valery/Unsplash)

Markets

Crypto Markets Under Pressure as $2B Worth of Altcoin Token Unlocks and $11B Bitcoin Distribution Loom

Bitcoin was lower by 2.5% to $61,500 late Wednesday, with solana and bitcoin cash each down more than 7%.

(Photoholgic/Unsplash)

Finance

Robinhood's Q1 Crypto Trading Volume Surged 224% as SEC Action Looms

Shares in the popular trading platform were higher by 7% after the company topped first quarter revenue and earnings estimates.

Robinhood app on a smartphone (Shutterstock)

Tech

It's Not a Token Offering, It's a 'Node Sale': Sophon Blockchain Raises $60M

The blockchain project's founders aren't even publicly named, but they've enjoyed remarkable success in fundraising, partly thanks to this increasingly popular fundraising method, where the longer you wait, the higher price you pay.

Tiered node sales, like this one from Sophon, mean that the longer buyers wait, they will have to pay a higher price. (Sophon/modified by CoinDesk using PhotoMosh)

Finance

Crypto Principal Trader Arbelos Markets Raises $28M Led by Dragonfly Capital

The trading firm aims to fill the gap left after crypto's credit meltdown two years ago and improve trust by offering a real-time overview of its risk exposure to clients, co-founder Joshua Lim said in an interview.

Joshua Lim on CoinDesk TV at Consensus 2022 (CoinDesk, modified)

Finance

Crypto Trading Firm Wintermute to Provide Liquidity for Hong Kong Bitcoin and Ether ETFs

The market maker will provide liquidity for OSL Digital Securities and Haskey HK Exchange, both of which are sub-custodians of platforms facilitating the operation of the bitcoin and ether ETFs in Hong Kong.

Evgeny Gaevoy, Wintermute CEO (Danny Nelson/CoinDesk)

Markets

Ethena's ENA Jumps 8% as Bybit Endorses USDe Token as Collateral for Derivatives Trading

Ethena's USDe tokenized yield strategy has attracted over $2 billion in deposits and some scrutiny of the token's risks.

(Ryan Quintal/Unsplash, Modified by CoinDesk)