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

Crypto Crumbles in Broad Selloff Led 20% Declines Across Numerous Altcoins

Bitcoin was an outperformer, but still lower by 5% over the past 24 hours to just above $95,000.

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

Policy

El Salvador to Change Bitcoin Law as Part of New IMF Deal: FT

Salvadoran merchants reportedly will no longer be compelled to accept bitcoin as a means of payment anymore.

Nayib Bukele, president of El Salvador (Ulises Rodriguez/APHOTOGRAFIA/Getty Images).

Markets

CoinDesk 20 Performance Update: FIL Declines 13% as Nearly All Assets Trade Lower

Ethereum Classic joined Filecoin as a top underperformer, falling 11.7%.

9am CoinDesk 20 Update for 2024-12-09: leaders chart

Finance

MicroStrategy Makes Another Large Bitcoin Purchase, Buying 21,550 BTC for $2.1B

This latest buying spree brought the company's total holdings to 423,650 tokens worth nearly $42 billion.

Michael Saylor at Bitcoin 2024 in Nashville, Tennessee

Markets

U.S. Added 227K Jobs in November, Topping Estimates for 200K

Friday morning's jobs report is one of the last pieces of key economic data the Fed will see prior to its mid-December interest-rate decision.

United States Capitol Building in Washington D.C (ElevenPhotographs/Unsplash, modified by CoinDesk)

Markets

Bitcoin Hits Major Milestone of $100K, Nears $2 Trillion Market Value

The early November election of crypto-friendly Donald Trump restarted what had been a stalled rally through much of 2024.

Bitcoin tops $100K

Markets

CoinDesk 20 Performance Update: DOT Gains 17.3% as Index Climbs Higher

Filecoin joined Polkadot as a top performer, gaining 16.3% from Tuesday.

9am CoinDesk 20 Update for 2024-12-04: leaders chart

Policy

One Year of Javier Milei: Why Argentinian Crypto Folks Can’t Get Enough of Him

Javier Milei isn’t a crypto president, but his fight against inflation has made him a darling of the Argentinian digital asset sector.

President of Argentina Javier Milei (Photo by Tomas Cuesta/Getty Images)

Markets

Grayscale Files to Convert Solana Trust Into ETF

Currently a closed-end fund opened by Grayscale in 2021, the Solana Trust has $134 million in assets under management.

A Solana booth at ethDenver (Danny Nelson)

News Analysis

MicroStrategy Looks Poised to Join Influential Nasdaq-100 Index. Here's What That Means for the Stock.

This would guarantee new money flowing into Michael Saylor's stock and would bring more bitcoin into an important TradFi benchmark.

Michael Saylor speaks on stage during Bitcoin Conference 2023 at Miami Beach Convention Center on May 19, 2023 in Miami Beach, Florida. (Jason Koerner/Getty Images)