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

Staked Ether Is Creating a Benchmark for the Crypto Economy, Says ARK Invest

The growing use of stETH in DeFi protocols means ether’s yield is slowly taking the role of the federal funds rate in the crypto ecosystem, according to a report from Ark Invest.

Cathie Wood, CEO of ARK Invest, at Consensus 2024 by CoinDesk (Suzanne Cordiero)

Markets

Four Reasons Elon Musk’s Tesla May Have Moved $760M of Bitcoin

The electric carmaker moved its stash of BTC to new wallets earlier this week, sparking speculation on why it may have done so.

Tesla CEO Elon Musk (Getty Images, modified by CoinDesk)

CoinDesk Indices

CoinDesk 20 Performance Update: HBAR Drops 5.1% as Index Trades Lower From Wednesday

Uniswap joined Hedera as an underperformer, falling 3.9%.

9am CoinDesk 20 Update for 2024-10-17: laggards

Markets

GraFun Starts Labs Division to Boost Memecoin Ecosystem on BNB Chain

Partners include trading firm DWF Labs and the Floki, BNB Chain’s largest memecoin by market capitalization.

Ledn's Mauricio Di Bartolomeo argues that the crypto lending industry can rebuild trust following a disastrous 2022. (Mathieu Stern/Unsplash, modified by CoinDesk)

Finance

Crypto VC Market 'Tepid' as Q3 Investments Declined 20%, Says Galaxy Digital

Scared away by the various crypto collapses in 2022, institutional allocators have yet to make a comeback.

Morgan Creek Digital to raise up to $500M for new Web3 venture capital fund. (Jason Leung/Unsplash)

News Analysis

History Suggests Crypto’s Bullish Momentum Should Continue Into the U.S. Election and Afterwards

Bitcoin could move 10% in either direction on the outcome of the U.S. election, according to one analysis.

Bitcoin bulls are out ((Unsplah/Peter Lloyd)

Markets

Dogecoin Price Surges 10% as Elon Musk’s 'Department of Government Efficiency' Gains Traction

Some market watchers expect a Trump election victory and Musk’s closeness to the candidate as forthcoming catalysts for dogecoin.

(Dogecoin)

CoinDesk Indices

CoinDesk 20 Performance Update: LTC Gains 3%, Leading Index Higher

Bitcoin Cash also joined Litecoin as a top performer, gaining 2.8% since Tuesday.

LTC and BCH among leaders within CoinDesk 20 index as of 9am ET (CoinDesk)

Markets

Bitcoin Tops $68K, With Dominance Over Crypto Market Hitting New Cycle High

Ether has outperformed bitcoin in just seven of the last 23 months.

ETH/BTC Ratio Monthly Performance (Glassnode)