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

EigenLayer's EIGEN Token Slides 12% After Debuting at $6.51B FDV

The token initially rose to $4.26 but has since fallen back to $3.77.

EigenLayer founder Sreeram Kannan at ETHDenver 2024 (Danny Nelson/CoinDesk)

Policy

Founding Coin Center Chief Jerry Brito Stepping Down After Decade

Brito and senior policy counsel, Robin Weisman, are both leaving their roles, putting Peter Van Valkenburgh in charge.

Coin Center executive director Jerry Brito at Consensus 2022 (Shutterstock/CoinDesk)

Markets

Bitcoin Ends Historic September With a Dip, but Breakout May Not Come Before U.S. Election

Despite October being a historically strong month for crypto assets, options traders expect further downside over the next few weeks, with a rally coming post-election, Wintermute said.

Bitcoin price on 09 30 (CoinDesk)

Markets

Bitcoin Retail Activity Remains Low Despite Recent Rally

Big upticks in retail interest are commonly thought to be a topping indicator, so the current relative lack of involvement could hint at potential further price increases.

BTC: Total Transfer Volume (Glassnode)

Markets

MicroStrategy's Next Bitcoin Purchase Is Likely to Take Its Holdings Above Grayscale's GBTC

The self-described Bitcoin development company currently holds 252,220 bitcoins, but has more than $1 billion in dry powder with which to purchase additional tokens.

MicroStrategy executive chairman and co-founder Michael Saylor. (Danny Nelson/CoinDesk)

CoinDesk Indices

CoinDesk 20 Performance Update: Index Posts Losses, but XRP Rises From Friday

Internet Computer and Filecoin recorded the steepest losses, each down more than 6%.

9am CoinDesk 20 Update for 2024-09-30: Leaders

Markets

Bitcoin Tumbles Back Below $64K as Surprise Japan Prime Minister Choice Triggers 5% Plunge in Nikkei

Overbought conditions also surely played a role in bitcoin's Monday decline.

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

Markets

Bitcoin FOMO Is Back: $70K and Then New Record Highs in Sight, Says Analyst

A $10 billion surge in stablecoin minting over the past weeks has flooded the crypto market with liquidity, 10X Research's Markus Thielen noted.

(David Mark/Pixabay)

CoinDesk Indices

CoinDesk 20 Performance Update: AVAX Gains 3.6% as Index Rallies

Litecoin's LTC was also a top performer, rising 2.7%.

9am CoinDesk 20 Update for 2024-09-27: leaders

Markets

Bitcoin Hits $65K for First Time Since Early August, Renewing Investor Interest in Spot ETFs

Monetary stimulus in the U.S. and China appeared to be the catalyst for the crypto's run higher.

Bitcoin price 9/26/24