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.

Recent

Markets

Federal reserve

Bitcoin Tumbles to $26.9K on Hawkish Remarks by Federal Reserve's Powell

The Wednesday pause in rate hikes had been overwhelmingly expected by market participants, but Fed members now see much higher interest rates for next year than previously projected.

By Stephen Alpher Krisztian Sandor

Sep 20, 2023 at 6:30 p.m. UTC

Sep 20, 2023

Federal ReserveFOMCBitcoinInterest Rates

Markets

Bitcoin

Bitcoin Hangs on Just Above $27K Ahead of Fed Rate Decision

The Fed on Wednesday is widely expected to hold rates steady, but investors will monitor new economic projections and Chairman Powell's press conference for clues about the direction of future policy.

By Stephen Alpher

Sep 19, 2023 at 8:34 p.m. UTC

Sep 19, 2023

BitcoinbtcFederal ReserveMarket Wrap

Bitcoin gains for the week, but rallies continue to be sold (Sebastian Huxley/Unsplash)

Markets

Market wrap

Bitcoin at $26.4K Set for Weekly Gain, but Rallies Might Continue to be Sold

The world's largest crypto has bounced from a 3-month low below $25,000 hit on Monday.

By Stephen Alpher Krisztian Sandor

Sep 15, 2023 at 6:44 p.m. UTC

Sep 15, 2023

Market WrapBitcoinApeCoin

The HAQQ network is focused on developing a Shariah-complaint ecosystem (May Lim/Unsplash)

Finance

Islamic coin

Islamic Coin in Pact With CoinDesk Indices to Discuss Sharia-Compliant Benchmarks

Islamic Coin is the native currency of HAQQ, a blockchain focused on developing a Shariah-compliant financial ecosystem.

By Stephen Alpher

Sep 14, 2023 at 3:30 a.m. UTC

Sep 14, 2023

Islamic CoinCoinDesk Indices

Markets

Market wrap

Bitcoin Steady at $26K, SOL Slightly Dips After FTX Gets Approval to Sell Crypto

Crypto exchange FTX got court approval to sell part of its $3.4 billion digital asset holdings.

By Krisztian Sandor Stephen Alpher

Sep 13, 2023 at 7:30 p.m. UTC

Sep 13, 2023

Market WrapBitcoinFTXCPI

Markets

Inflation

U.S. CPI Inflation Jumped to 3.7% in August, More Than Expected

Higher oil prices were behind the big rise in headline inflation last month.

By Stephen Alpher

Sep 13, 2023 at 12:38 p.m. UTC

Sep 13, 2023

InflationCPIConsumer Price IndexBitcoin

Finance

Coindesk indices

CoinDesk Indices Expands Into Asia-Pacific Through Deal With Major Exchange Operator ICE

ICE Futures Singapore's bitcoin futures contracts will now be known as CoinDesk Bitcoin Futures contracts.

By Stephen Alpher

Sep 13, 2023 at 1:00 a.m. UTC

Sep 13, 2023

CoinDesk Indices

Headline inflation is seen surging in August while core rate recedes (Getty Images)

Markets

Cpi

Headline CPI Expected to Have Spiked Higher in August, but Core Rate Seen Slowing

The U.S. government on Wednesday morning will release its latest official inflation data.

By Stephen Alpher

Sep 12, 2023 at 1:11 p.m. UTC

Sep 12, 2023

CPIConsumer Price IndexInflationBitcoin

New accounting rules on the way for digital assets (Unsplash, modified by CoinDesk using Photomosh)

Finance

Fasb

FASB's Crypto Accounting Shakeup Could Lure More Corporate Investment, Michael Saylor and Others Argue

The U.S. accounting standards board yesterday unanimously voted in favor of "fair value" accounting for crypto assets held on corporate balance sheets.

By Stephen Alpher

Sep 7, 2023 at 4:51 p.m. UTC

Sep 7, 2023

FASBBitcoinMichael Saylor