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

BNB Token Stumbles to 1-Year Low Amid Mounting Scrutiny Over Binance

Formerly known as Binance Coin, BNB sunk to as low as $204, its weakest level since late June 2022.

BNB price over past week (CoinDesk)

Finance

Friend.Tech Hype Sees Base Surpass Rival Layer 2 Blockchains in Average Transactions per Second

Average daily TPS on Base has risen by 156% in the past week.

Base hits 15.88 TPS (l2beat)

Markets

Bitcoin Settles in Below $26K as Altcoins Lead Crypto Declines

In the absence of any positive catalyst, cryptocurrencies took the path of least resistance.

Bitcoin settles in below $26K (CoinDesk)

Markets

Bitcoin Bulls Mull the Meaning of New Fed Messaging on Inflation and Interest Rates

Instruments tied to interest rates compete with Bitcoin for investor dollars.

MakerDAO community votes to hike DAI rewards to 1% (Getty Images)

Finance

Coinbase Will Suspend USDT, DAI and RAI Trading for Canadian Users

The exchange expanded its services in Canada earlier this week.

Coinbase CEO Brian Armstrong (Coinbase)

Markets

First Mover Americas: Bitcoin Drops to Lowest Level Since June

The latest price moves in crypto markets in context for August 17, 2023.

CD

Markets

Bitcoin Plunges 9%, Sank Below $25K on Binance as August Turns Very Ugly

A boring August has turned into a bloodbath. Two-thirds of leveraged funds' positions are short, one observer said, noting the bearish bias of sophisticated traders.

BTC's price sank (CoinDesk)

Markets

Bitcoin Slips to $29K, but Fundstrat's Tom Lee Sees $150K on ETF Approval

Altcoins are leading declines, with majors like DOGE, SOL and MATIC shedding 6-7% in the past 24 hours.

Bitcoin falls back to $29K (CoinDesk)

Markets

First Mover Americas: Coinbase Secures NFA Approval to Offer Crypto Futures

The latest price moves in crypto markets in context for August 16, 2023.

Coinbase sticker on a Macintosh laptop

Markets

Altcoin Plunge Leads Crypto Lower; Bitcoin Slips 0.7% to $29,150

Traditional markets fell sharply as well, with the major U.S. stock indexes shedding more than 1% on Tuesday.

Bitcoin plunges below $40K (Eva Blue/Unsplash)