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 Heads to $90K as Crypto Selloff Gathers Steam

Strong economic data and a slumping bond market have called into question the idea of any rate cuts this year.

Ether has fallen below a key bull market trendline.  (Eva Blue/Unsplash)

CoinDesk Indices

CoinDesk 20 Performance Update: RNDR Falls 5.1% as Nearly All Assets Trade Lower

Litecoin (LTC) was the lone gainer, rising 1.9% from Wednesday.

9am CoinDesk 20 Update for 2025-01-09: laggards chart

Markets

XRP Interest Jumps as Brad Garlinghouse Meets With Trump

The native token of the XRP Ledger rose more than 2% on Wednesday while most of the rest of the crypto sector saw steep losses.

Brad Garlinghouse, the CEO of Ripple Labs (Jesse Hamilton/CoinDesk)

Markets

Bitcoin Slips Below $93K in Crypto Selloff, but Trader Sees Short-Term Bounce

Mining stocks including WULF, BTDR, IREN and HUT dropped over 5%, while BTC holder medical devices firm Semler Scientific plunged 10%.

Bull and Bear (nosheep/Pixabay)

Policy

U.S. CFTC Chief Benham's Last Words to Crypto: Protect the Investors

In what will be his final public speech as head of the derivatives agency, Rostin Benham had a lot to say about digital assets supervision in the U.S.

CFTC Chair Rostin Behnam (Suzanne Cordeiro/Shutterstock/CoinDesk)

Finance

Pyth Network Partners With Revolut in DeFi Data Sharing Deal

PYTH is down by 9% in the past 24-hours despite the deal.

Revolut CEO Nikolay Nikolay Storonsky (Stephen McCarthy/Web Summit via Sportsfile/Flickr)

Markets

Crypto Prices Under Pressure From Global Rise in Yields

A sharp gain in interest rates didn't dent crypto's price rally through late 2024, but that may not be the case anymore.

UK30Year Yield (TradingView)

CoinDesk Indices

CoinDesk 20 Performance Update: APT Falls 5.1% as Index Declines from Tuesday

Near Protocol (NEAR) joined Aptos (APT) as an underperformer, also dipping 5.1%.

9am CoinDesk 20 Update for 2025-01-08: leaders chart

Markets

Bitcoin Dips Below $98K as Strong U.S. Economic Data Leads to $300M of Crypto Liquidations

Stronger-than-expected job openings and ISM Services PMI rolled back investor expectations for further rate cuts for this year.

Bitcoin (BTC) price on 01 07 (CoinDesk)

Markets

Correlation Between Bitcoin and U.S. Stocks Reemerges: Van Straten

The renewed correlation poses a short-term risk for bitcoin prices, according to an analyst.

BTCUSD vs SPX (TradingView)