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

Genesis Completes Redemption of GBTC Shares, Buys 32K Bitcoins with Proceeds

The company in February got permission from a New York bankruptcy court to sell approximately 36 million shares of Grayscale's Bitcoin Trust.

Genesis has unloaded its entire stake in GBTC (Danny Nelson/CoinDesk)

Markets

Bitcoin Cash Rally Led CoinDesk 20 Gainers Last Week: CoinDesk Indices Market Update

All but two cryptos in the index posted losses, led by double-digit declines in APT and DOGE.

CoinDesk 20 Index (CoinDesk Indices)

Finance

BlackRock Adds Goldman Sachs, Citigroup, UBS as APs for Bitcoin ETF

Authorized participants in ETFs are responsible for the creation and redemption process of the fund through which they create liquidity.

BlackRock's corporate office in New York, New York. (Jim.henderson/Wikimedia Commons)

Finance

U.S. Added 303K Jobs in March, Outpacing Expectations for 200K

The ETF-led bitcoin rally has stalled over the past three weeks, at least in part thanks to economic indicators pointing to higher than expected interest rates.

The government's jobs report for January was released Friday (David McNew/Getty Images)

Markets

Bitcoin Adds 4.5% as Stocks Reverse Lower on Hawkish Fed Commentary

The world's largest crypto regained the $69,000 level at one point in the session before slipping a bit.

Minneapolis Federal Reserve Bank President Neel Kashkari (Fox News)

Markets

Near Record High Funding Rate Suggests Bitcoin Pullback Not Over

The recent dip in price doesn't appear to have dented optimism from traders betting on a continued bull run.

Funding rate suggests bitcoin correction not over (CryptoQuant)

Markets

Choppy Bitcoin Price Action Continues Ahead of Friday's Jobs Report

Flows into the new spot ETFs have been subdued for a couple of weeks, possibly prompting a renewed interest in macro drivers for price direction.

Crypto markets were choppy ahead of the Ethereum Merge. (Creative Commons, modified by CoinDesk)

Finance

Cathie Wood Attributes Bitcoin's Rise to National Currency Devaluations

Wood called bitcoin an "insurance policy against rogue regimes and horrible fiscal and monetary policies."

Ark Invest CEO Cathie Wood

Finance

Bermuda-Licensed Relm Insurance Unveils Suite of Crypto Risk Products

As well as cyber and crime markets, Relm is offering reimbursement for losses associated with staking on the Ethereum network.

Bermuda-licensed Relm Insurance unveils suite of crypto risk products (Shutterstock)

Markets

Bitcoin Cash's 29% Advance Led CoinDesk 20 Gainers Last Week: CoinDesk Indices Market Update

All but three cryptos in the index posted losses last week, with alternative L1s NEAR, APT, and AVAX declining the most.

cd20 leaders