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

DeFi Protocol Convergence Hacked, CVG Token Plunges 99% on Curve

The exploiter created 58 million of the protocol's CVG token and then swapped for roughly $200,000 worth of wrapped ETH and crvFRAX and forwarded to Tornado Cash.

outflows (Unsplash)

Markets

Bitcoin Plunges More Than 10% Since Hitting $70K 72 Hours Ago

The slide in the odds of a Donald Trump victory in November might have bulls rethinking some bets.

Bitcoin price on Aug 1 (CoinDesk)

Markets

CoinDesk 20 Performance Update: ICP and RNDR Lead Losses as Index Slips 2.2%

ICP dropped by 5.3% and RNDR fell by 4.1% in overnight trading.

9am CoinDesk 20 Update for 2024-08-01: Laggards

Markets

Fed Holds Policy Steady, Expresses More Caution Than Expected on September Rate Cut

Prior to today's meeting, markets had priced in a 100% chance of a rate cut at the bank's September meeting.

Federal Reserve Board Building (AgnosticPreachersKid/Wikimedia)

Markets

Bitcoin Price Shrugs Off Latest $2B Mt. Gox Transfer as Distribution Nears Its End

Bitcoin holdings of Mt. Gox wallets are down to $3 billion from $9 billion a month ago, Arkham data shows.

Mt. Gox Creditor Kolin Burges confronts Former Mt. Gox CEO Mark Karpeles (CoinDesk)

Markets

CoinDesk 20 Performance Update: XRP and SOL Outperform as Index Climbs 1.3%

Ripple's XRP gained 3.5%, while Solana's SOL rose 2.6%

CoinDesk 20 leaders (CoinDesk Indices)

Finance

California DMV Puts 42M Car Titles on the Avalanche Network in Digitization Push

Developed by Oxhead Alpha, the system will let users transfer vehicle titles in minutes and without going to an office versus the two week time frame in the traditional system.

(Danny Nelson/CoinDesk)

Markets

Ether ETFs Saw $340M of Negative Outflows in Their First Week

More than $1.5 billion of exits from Grayscale's high-fee Ethereum Trust more than offset inflows into the other spot products.

outflows (Unsplash)

Markets

Bitcoin Tumbles Below $67K as U.S. Government Moves $2B of 'Silk Road' Tokens

The government is the owner of about $12 billion worth of seized bitcoin, according to Arkham Intelligence.

Bitcoin price on July 29 (CoinDesk)

Markets

Bitcoin Pulls Back Sharply After Touching $70K

The price of bitcoin still appears poised to close out July with sizable gains after plunging below $54,000 earlier in the month.

Bitcoin price 7/29 (CoinDesk)