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Stephen Alpher

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.

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Michael Saylor, executive chairman of MicroStrategy (Michael.com)
Finance
Microstrategy
Michael Saylor's MicroStrategy Raising Another $500M to Buy More Bitcoin
The debt offering comes just days after the company closed on an $800 million capital raise, also with proceeds used to buy bitcoin.
Michael Saylor, executive chairman of MicroStrategy (Michael.com)
By Stephen Alpher
Mar 13, 2024 at 9:00 p.m. UTC
Mar 13, 2024
MicroStrategyMichael SaylorMSTRBitcoin
February inflation figures were released Tuesday (Frederick Warren/Unsplash)
Finance
Cpi
U.S. CPI Unexpectedly Rises to 3.2% Annual Pace in February
Stubbornly high inflation so far in 2024 appears to be standing in the way of the Fed's willingness to begin cutting rates.
February inflation figures were released Tuesday (Frederick Warren/Unsplash)
By Stephen Alpher
Mar 12, 2024 at 12:37 p.m. UTC
Mar 12, 2024
CPIConsumer Price IndexBitcoinbtc
Bill Ackman (Bryan Bedder/Getty Images )
Finance
Bitcoin
Billionaire Hedge Funder Bill Ackman Mulls Bitcoin
The activist investor has previously mostly steered clear of any involvement in crypto.
Bill Ackman (Bryan Bedder/Getty Images )
By Stephen Alpher
Mar 9, 2024 at 10:49 p.m. UTC
Mar 9, 2024
BitcoinMichael SaylorBill ackman
U.S. employment data for February was reported Friday morning (Getty images)
Finance
Employment
U.S. Added 275K Jobs in February; Unemployment Rate Unexpectedly Rose to 3.9%
So far in 2024, bitcoin's concerns about the path of the economy or interest rates have taken a back seat to the overwhelming demand from the spot ETFs.
U.S. employment data for February was reported Friday morning (Getty images)
By Stephen Alpher
Mar 8, 2024 at 1:33 p.m. UTC
Mar 8, 2024
EmploymentInterest RatesEconomyBitcoin
rocket lifting off
Markets
Bitcoin
Bitcoin Soars to New All-Time High Above $69K
The success of the spot ETFs which opened for business on Jan. 11 was the catalyst for this latest bull run for the world's largest crypto.
rocket lifting off
By Stephen AlpherSam Reynolds
Mar 5, 2024 at 3:03 p.m. UTC
Mar 5, 2024
BitcoinbtcBitcoin ETF
Bitcoin price rose 20% in a week (CoinDesk)
Finance
Bitcoin
Bitcoin Tops $63K for First Time Since November 2021
Spot bitcoin ETFs are seeing massive inflows of money and BTC is crossing $1,000 milestones one after another in quick succession.
Bitcoin price rose 20% in a week (CoinDesk)
By Amitoj SinghStephen Alpher
Feb 28, 2024 at 1:30 p.m. UTC
Feb 28, 2024
Bitcoinbtctop newsMarket Wrap
A rocket blasting off from a launch pad
Markets
Bitcoin
Bitcoin Tops $57K as Rally Picks Up Steam
The spot ETFs posted record volumes on Monday as bitcoin gained 6% during U.S. trading hours.
A rocket blasting off from a launch pad
By Stephen Alpher
Feb 27, 2024 at 2:27 a.m. UTC
Feb 27, 2024
BitcoinbtcBitcoin ETF
CoinDesk's Bitcoin price index, which tracks price data on multiple exchanges, surpassed $50K on February 12. (CoinDesk)
Markets
Bitcoin
Bitcoin Pushes Through $50K for First Time Since Late 2021
The world's largest crypto has now more than recovered since tumbling below $40,000 in the initial days following the opening of the spot ETFs.
CoinDesk's Bitcoin price index, which tracks price data on multiple exchanges, surpassed $50K on February 12. (CoinDesk)
By Stephen Alpher
Feb 12, 2024 at 5:20 p.m. UTC
Feb 12, 2024
BitcoinbtcBitcoin ETF
Barry Silbert. CEO & Founder Digital Currency Group (DCG)
Finance
Digital currency group
Digital Currency Group Reports Q4 Revenue of $210M, Up 59% Y/Y (Full Text)
Fourth quarter EBITDA was $99 million versus a loss of $7 million a year earlier.
Barry Silbert. CEO & Founder Digital Currency Group (DCG)
By Stephen Alpher
Feb 12, 2024 at 2:52 p.m. UTC
Feb 12, 2024
Digital Currency GroupDCG
The government's jobs report for January was released Friday (David McNew/Getty Images)
Markets
Employment
U.S. Added 353K Jobs in January, Blowing Past Estimates
The latest update on the labor market came less than two days after the Fed's Jerome Powell poured cold water on market hopes of a rate cut in March.
The government's jobs report for January was released Friday (David McNew/Getty Images)
By Stephen Alpher
Feb 2, 2024 at 1:38 p.m. UTC
Feb 2, 2024
EmploymentBitcoinInterest Rates