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

Bitcoin Tumbles Below $60K, Ether Under $3K; Correction Not Over, Says Strategist

Large bitcoin investors haven't started to buy the dip yet, suggesting that the correction may continue for a while, an LMAX Group strategist noted.

Bitcoin (BTC) price on April 17 (CoinDesk)

Finance

Tokenized Credit Platform Centrifuge Plans Institutional RWA Lending on Coinbase's Base, Raises $15M in VC Investment

CFG, the protocol's native token, spiked as much as 14% after the announcement before paring gains and outperformed other DeFi tokens.

Centrifuge is one of the largest blockchain-based credit platform with $270 million of active loans. (Mae Mu/Unsplash)

Tech

P2 Ventures Commits $50M Via Hadron FC to Startup Founders in Polygon Ecosystem

P2 was spun out out of Polygon Labs last year and now is allocating funds and mentorship to support project founders, including those focused on the Polygon blockchain ecosystem. A Hadron FC contributor said the community offered the right "capital and vibes."

Hadron Founders Club hosts its first pop-up event for blockchain startup founders in Dubai (Hadron FC)

Markets

Spot Bitcoin ETF Hype Dies Down, Normalcy Sets In

It's hardly unusual for ETFs of any ilk to go through periods of seeing no fresh money on a net basis, explained an analyst.

The 10 spot bitcoin ETFs on Monday experienced their first net inflows in a week (Jim Wilson/Unsplash)

Markets

Is the Bitcoin Rally Over? Reasons to Stay Bullish on BTC Despite Correction

Bitcoin has pulled back more than 15% since hitting an all-time high one month ago, with some major altcoins nosediving 40%-50%, but "few understand how normal corrections like these are in bull markets," one observer noted.

Bulls against a background of snow.

Markets

Bitcoin and Ether Show Relative Resilience Amid Widespread Losses: CoinDesk Indices Market Update

Five cryptos lost more than 30% this week, led by steep declines in Uniswap and Aptos.

(CoinDesk Indices)

Markets

Exploding Gold Sales at Pawnshops Offers Lesson for Bitcoin Bulls

As always, rising prices bring forth boosted supply.

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

Homium Raises $10M and Tokenizes Home Equity Loans on Avalanche

The loans are currently live in Colorado with plans to extend to other states.

(Danny Nelson/CoinDesk)

Policy

Binance.US Taps Former New York Fed Compliance Chief for Board Role

Martin Grant served with the New York Fed for over 30 years, including as its chief compliance and ethics officer.

Binance.US at Bitcoin Miami 2022 (Danny Nelson/CoinDesk)

Markets

Ether, Altcoins Remain Under Pressure Following Volatile Weekend

Bitcoin has also given up some of its early Monday bounce, returning down to the $64,000 level.

Ether price on Monday (CoinDesk)