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 Miner From Network’s Earliest Months Is Sending BTC to Kraken

The wallet first started moving bitcoin to Kraken three weeks ago and has moved 10 BTC so far in three separate transactions.

Bitcoin sculpture made from scrap metal outside the BitCluster mining farm in Norilsk, Russia. (BitCluster)

Finance

JP Morgan's Onyx Blockchain Used for Siemens' Digital Commercial Paper Settlement

The transaction was a milestone for Onyx and SWIAT, which are collaborating to develop digital asset issuance products on blockchain rails for commercial banks.

CEO Jamie Dimon's JPMorgan Chase & Co. has aided in the tokenization of commercial paper through its Onyx unit. (Jesse Hamilton/CoinDesk)

Markets

Bitcoin Could Surge Thanks to Looser Financial Conditions

A less-widely followed report from the Chicago Fed indicated the easiest conditions since November 2021.

DXY vs BTC (Tradingview)

CoinDesk Indices

CoinDesk 20 Performance Update: APT Jumps 6.9% as Index Gains

AVAX, up 6.5%, joined APT as a top performer.

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

CoinDesk Indices

CoinDesk 20 Performance Update: Index Surges 5.3% With All Assets in the Green

AVAX jumped 12.5% and APT rose 9.9%, leading the gainers.

9am CoinDesk 20 Update for 2024-09-19: leaders

CoinDesk Indices

CoinDesk 20 Performance Update: UNI Drops 4.7%, Leading Index Lower

All but two assets were trading lower as the index dropped 1.6%.

9am CoinDesk 20 Update for 2024-09-18: laggards

Tech

Borderless Capital Introduces $100M DePIN Fund Backed by Peaq, Solana Foundation

DePIN refers to physical infrastructure networks built using blockchain technology and token incentives which other projects can use without having to buy and run their own equipment.

Funding (Gerd Altmann/Pixabay)

Finance

Brian Armstrong, ETF Experts Shoot Down 'Paper Bitcoin' Rumors

Some online chatter has suggested Coinbase is issuing bitcoin IOUs to BlackRock, which ultimately was manipulating the price of crypto lower.

Coinbase CEO Brian Armstrong (CoinDesk)

Markets

Bitcoin Gains 5% to $61K Ahead of Fed, but Order Books Suggest Rally Could Be Capped

Wednesday's FOMC meeting carries uncertainty for the market, with investors still divided on the magnitude of rate cut.

Bitcoin price on 9/17 (CoinDesk)