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 Plunges Below $41K as 'Sell the Bitcoin ETF News' Wins the Day

Large inflows in the new spot bitcoin ETFs have been sizably offset by outflows from not just from GBTC but other global bitcoin-related ETPs.

Bitcoin prices fell further on Thursday (Chris Liverani/Unsplash)

Markets

Tether Reportedly Bought 8.9K Bitcoin for $380M, Remaining 11th-Largest BTC Holder

The stablecoin issuer announced in May 2023 that it would start buying bitcoin in an effort to diversify the backing of its USDT stablecoin.

(Nikhilesh De/CoinDesk)

Policy

Crypto Crime Amounted to Over $24B in 2023: Chainalysis

The figure is nearly 40% less than that of 2022, however it is only provisional, Chainalysis stressed.

Crypto hacks, scams and exploits netted some $2 billion this year. (fikry anshor/Unsplash, modified by CoinDesk)

Markets

Bitcoin ETF Net Inflows Near $1B After Three Days

Total assets grew even as Grayscale's GBTC saw sizable outflows as investors cash in following its conversion to a spot ETF.

Bitcoin ETF net inflows approach $1B (Shutterstock)

Markets

dYdX Tops Uniswap as Largest DEX by Volume

The decentralized exchange, which last year moved over to the Cosmos blockchain, just saw $757 million of volume over a 24-hour period.

Coinmarketcap

Finance

Jamie Dimon Bashes Bitcoin Again: 'A Pet Rock'

The JPMorgan CEO said this will be the last time he airs his opinion on bitcoin.

JPMorgan CEO Jamie Dimon (CoinDesk)

Finance

Bitcoin Miner Core Scientific to Emerge From Bankruptcy, Re-List Shares This Month

The company expects to see nearly $600 million in revenue this year.

Core Scientific's Marble facility in North Carolina. (Core Scientific)

Finance

BlackRock Wants to Follow Bitcoin ETF With an Ethereum ETF. Marketing It Might Not Be So Simple

Larry Fink has been talking up a spot ether ETF, but index provider CF Benchmarks sees a conundrum when it comes to selling that product.

Larry Fink (Will Ess for Pixelmind.ai/CoinDesk)

Markets

Grayscale Moves Another 9K Bitcoin to Exchange in Preparation for Sale

The news sent bitcoin tumbling early Tuesday, but the price quickly recovered.

Bitcoin Price (CoinDesk)

Opinion

Will the Next Bitcoin Halving Be Another Hype Cycle?

After investors "sold the news" of the launch of bitcoin ETFs, market watchers are looking for the next event that could drive market prices.

The bitcoin halving could lead to a "miner exodus," CoinShares said in a new report. (Tony Litvyak/Unsplash, modified by CoinDesk)