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

Meme Coin Frenzy Drives Ethereum Network Fees to Nearly 2-Year High: IntoTheBlock

The increased network activity is benefitting ether investors by burning the token's supply at a faster pace, but it has also made Ethereum "unusable" for many due to sky-high transaction costs, IntoTheBlock analysts noted.

Shiba inu dog

Markets

SHIB's 106% Move Higher Led CoinDesk 20 Gainers Last Week: CoinDesk Indices Market Update

Bitcoin cash and ethereum classic also posted significant gains as all 20 cryptos in the gauge appreciated.

CoinDesk 20 leaders (CoinDesk Indices)

Markets

'Groundhog Day' in Crypto as Bitcoin Again Plunges Following New Record

The world's largest crypto briefly rose above $70,000 Friday, but immediately tumbled about 5% to below $67,000.

Groundhog Day advertisement (Photo by Ethan Miller/Getty Images)

Finance

U.S. Added 275K Jobs in February; Unemployment Rate Unexpectedly Rose to 3.9%

So far in 2024, bitcoin's concerns about the path of the economy or interest rates have taken a back seat to the overwhelming demand from the spot ETFs.

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

Finance

CoinDesk Brings Consensus to Hong Kong

The announcement comes as Hong Kong works to brand itself as Asia's digital assets trading hub.

Hong Kong harbor skyline view into Kowloon

Markets

Ether Could Run to $10,000 or Higher This Year on Numerous Catalysts: Bitwise

Bitcoin has already climbed to new all-time high while ether is lagging, but previous market cycles suggest change is coming.

ETH price on March 7 (CoinDesk)

Markets

Bitcoin 'V-Shape' Recovery Opens Way for $76K Price Target: Swissblock

The plunge from all-time highs turned the $60,000 area into a support level for prices, one observer noted.

Bitcoin price action on March 6 (CoinDesk)

Markets

Bitcoin Record High Would’ve Happened Without ETFs, Just Later, Say Experts

The world's largest crypto has risen about 60% in just the two months since the opening of the spot bitcoin ETFs.

The launch of the spot bitcoin ETFs accelerated bitcoin's new all-time high, experts say. (Marco Verch/ccnull)

Markets

Uniswap's UNI Gains 20% as Token Reward Proposal Inches Closer to Approval

Uniswap's reward sharing mechanism, if approved, could inspire other DeFi protocols to follow suit.

UNI price more than doubled since the plan for the revenue sharing mechanism became public on Feb. 23 (CoinDesk)

Markets

BlackRock’s Bitcoin ETF Added a Record 12.6K BTC in Tuesday's Carnage

IBIT’s total inflows surpassed the $9 billion mark as prices plunged following bitcoin taking out a record high above $69.000.

(Jim Henderson, modified by CoinDesk)