Stephen Alpher | CoinDesk Author

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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MicroStrategy's Michael Saylor (Jason Koerner/Getty Images for Bitcoin Magazine)

Markets

Bitcoin to Account for 7% of Global Wealth, Surge in Price to $13M in 21 Years: Michael Saylor

The crypto would require an average annual return of 29% between now and 2045 to reach that level, he said.

MicroStrategy's Michael Saylor (Jason Koerner/Getty Images for Bitcoin Magazine)

By Stephen Alpher

Jul 26, 2024 at 8:14 p.m. UTC

Jul 26, 2024

Bitcoin price on July 11 (CoinDesk)

Markets

Crypto Bulls Frustrated as Bitcoin and Stocks Recouple – to the Downside

A continuing series of record highs for the S&P 500 and Nasdaq over the past weeks has done nothing to prop up sliding crypto prices, but Thursday saw both asset classes tumbl...

Bitcoin price on July 11 (CoinDesk)

By Stephen Alpher Krisztian Sandor

Jul 11, 2024 at 4:46 p.m. UTC

Jul 11, 2024

MarketsBitcoinEquitiesNasdaqS&P 500

food shopping in brown bags

Markets

U.S. Inflation Was Negative in June; Bitcoin Jumps Above $59K

Market participants became increasingly convinced that the Fed was going to trim rates at its September meeting following the report.

food shopping in brown bags

By Stephen Alpher

Jul 11, 2024 at 12:41 p.m. UTC

Jul 11, 2024

InflationCPIConsumer Price IndexBitcoin

Federal Reserve Chair Jerome Powell (Win McNamee/Getty Images)

Markets

Federal reserve

Bitcoin Little-Changed Above $57K as Fed Chair Powell Testifies to Congress

Jerome Powell made clear that central bank policymakers are focused on downside risks to the economy as much as they are inflation.

Federal Reserve Chair Jerome Powell (Win McNamee/Getty Images)

By Stephen Alpher

Jul 9, 2024 at 3:18 p.m. UTC

Jul 9, 2024

Federal ReserveJerome PowellInterest RatesBitcoin

Bitcoin ETF investors buy the dip (Rich Legg/Getty Images)

Markets

Bitcoin ETF Investors Bought the Dip on Friday, With Inflows Topping $140M

The price of the world's largest crypto has seen a very modest bounce since tumbling below $54,000 early Friday.

Bitcoin ETF investors buy the dip (Rich Legg/Getty Images)

By Stephen Alpher

Jul 6, 2024 at 2:23 p.m. UTC

Jul 6, 2024

Bitcoin ETFBitcoin

A difficult Q2 comes to a close (sergeitokmakov/Pixabay)

Markets

Bitcoin and Crypto Closing Out Lame Quarter and One Analyst Believes More Pain Could Be in Store

The price of bitcoin has dipped nearly 15% during the second quarter and altcoins fared even worse.

A difficult Q2 comes to a close (sergeitokmakov/Pixabay)

By Stephen Alpher

Jun 28, 2024 at 3:46 p.m. UTC

Jun 28, 2024

CryptoBitcoin10x research

Mt. Gox selling pressure could be less than feared (Jason Blackeye/Unsplash)

Markets

Bitcoin Threatens $60K on Mt. Gox News, but Sales Could Be Less Than Feared

At least one analyst believes fewer coins will be distributed than is commonly thought and thus the sell pressure might be less than expected.

Mt. Gox selling pressure could be less than feared (Jason Blackeye/Unsplash)

By Stephen Alpher

Jun 24, 2024 at 4:39 p.m. UTC

Jun 24, 2024

AUSTIN, TEXAS - APRIL 25: Michael Dell attends the 12th Annual Mack, Jack & McConaughey Gala at ACL Live on April 25, 2024 in Austin, Texas. (Photo by Rick Kern/Getty Images)

Finance

Billionaire Tech CEO Michael Dell Signals Bitcoin Interest Via Michael Saylor Retweet

Dell and Saylor engaged in a short back-and-forth on X over the past day.

AUSTIN, TEXAS - APRIL 25: Michael Dell attends the 12th Annual Mack, Jack & McConaughey Gala at ACL Live on April 25, 2024 in Austin, Texas. (Photo by Rick Kern/Getty Images)

By Stephen Alpher

Jun 21, 2024 at 3:40 p.m. UTC

Jun 21, 2024

BitcoinMichael SaylorDell

Bitcoin on 6/13 (CoinDesk)

Markets

Assured Spot Ether ETF Approval Fails to Stir Slumping Crypto Market

SEC Chair Gary Gensler said he expected the new vehicles to have won full regulatory approval by the end of the summer.

Bitcoin on 6/13 (CoinDesk)

By Stephen Alpher Krisztian Sandor

Jun 13, 2024 at 4:07 p.m. UTC

Jun 13, 2024

BitcoinEtherMarket Wrap

Fed Chair Jerome Powell (Helene Braun/CoinDesk)

Finance

Federal reserve

Fed Sees Just One Rate Cut This Year; Bitcoin Gives Up Session Gains

The central bank took note of "modest" progress towards returning to 2% inflation.

Fed Chair Jerome Powell (Helene Braun/CoinDesk)

By Stephen Alpher

Jun 12, 2024 at 6:14 p.m. UTC

Jun 12, 2024

Federal ReserveFOMCBitcoin