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 Drops Below Key 2025 Realized Price Level, Raising Risk of Further Downside: Van Straten

Over 2.6 million bitcoin in supply are currently at a loss, one of the highest levels this year.

BTC: Exchange Average Withdrawal Price (by Year) (Glassnode)

Markets

Bitcoin Extends Losses to Below $97K Following David Sacks Press Conference

It was mostly a wonky discussion from Sacks and four Senate/House committee chairs.

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

Policy

U.S. Senate's Effort on Stablecoins Revealed in New Bill from Hagerty

The Senate has pushed stablecoin bills before, but the chamber is now led by Republicans who want to make Hagerty's latest effort happen.

Bill Hagerty, a sponsor of the bill (Kevin Dietsch/Getty Images)

Markets

Ether Worth Nearly $1B Left Exchanges Monday as Trade War Fears Sent Prices Crashing

Data shows investors likely bought the dip, snapping up ETH at lower prices.

Ether bears have an upper hand following the trendline break (Shutterstock)

Markets

Real-World Asset Tokens Lead Crypto Rebound as Tokenization Narrative Gathers Steam

Ondo Finance's native token, MANTRA's OM and Chintai's CHEX posted double-digit gains during the crypto rebound, while many altcoins still nursed losses.

(Giovanni Calia/Unsplash)

Policy

Trump Orders Creation of Sovereign Wealth Fund

Such a fund could be a vehicle through which the government might accumulate bitcoin.

Donald Trump (Chip Somodevilla/Getty Images)

Markets

Bitcoin Bounces Above $100K, XRP Surges 40% as Trade War Tensions Suddenly Ease

Agreeing to some of Trump's terms, Mexican President Claudia Sheinbaum said the U.S. will be pausing tariffs on her country for one month.

CoinDesk Bitcoin Price Index recovered above $100,000 (CoinDesk)

Policy

Bitcoin Sinks to $100K as Trump Imposes Tariffs on Canada, Mexico, China

Altcoins fared far worse than bitcoin as the new U.S. president seemingly ignited a trade war.

President Donald Trump (TheDigitalArtist/Pixabay)

Markets

Trump Tariff Promise Snuffs Out Bitcoin Rally for Second Consecutive Day

The White House confirmed sizable tariffs on Mexico, Canada and China will go into effect tomorrow.

Bitcoin falls despite coming rate cuts (Unsplash)

Finance

Tether Reports $13B Profit for 2024, With Rising Bitcoin, Gold Prices Contributing

The group also increased its bitcoin holdings last quarter for the first time since March, holding nearly 84,000 BTC worth about $7.8 billion as of year-end.

Tether CEO Paolo Ardoino (Tether)