Daniel Cawrey

Daniel Cawrey has been a contributor to CoinDesk since 2013. He has written two books on the crypto space, including 2020’s “Mastering Blockchain” from O'Reilly Media. His new book, “Understanding Crypto,” arrives in 2023.

Daniel Cawrey

Latest from Daniel Cawrey


Markets

Market Wrap: Bitcoin Bounces to $11.8K as Ether Option Traders Go Bearish

Bitcoin broke through $11,800 Friday while traders are anticipating an ether fall based on the options market.

CoinDesk 20 Bitcoin Price Index

Markets

Market Wrap: Stuck at $11.5K, Bitcoin Surpasses 25K Locked in DeFi

A dull bitcoin market contrasts with increasing use of the cryptocurrency in DeFi applications.

CoinDesk 20 Bitcoin Price Index

Markets

First Mover: Ethereum Faces Inflation Problem as Gas Fees Soar

Ethereum gas prices are soaring, and cryptocurrency traders say it's a reflection of congestion on the blockchain that's now starting to slow down transactions on decentralized exchanges.

Old gas pump

Markets

Market Wrap: Bitcoin Rebounds to $11.5K; Ethereum’s Gas Woes Worsen

Bitcoin’s price is bouncing back as Ethereum fees cause problems.

CoinDesk 20 Bitcoin Price Index

Markets

First Mover: How a DeFi Trader Made an 89% Profit in Minutes Slinging Stablecoins

So-called stablecoins like tether and USDC are $1 tokens in theory, but a complex arbitrage transaction seems to have netted one trader an 89% profit in just minutes.

Schematic of Aug. 10 stablecoin arbitrage trade using DeFi.  (Etherscan, CoinDesk)

Markets

Market Wrap: Bitcoin Stumbles to $11,300; USDC Lending Rates Skyrocket

Bitcoin experienced heavy selling Tuesday, while traders are finding profits in stablecoin borrowing strategies.

CoinDesk 20 Bitcoin Price Index

Markets

Market Wrap: Bitcoin Tests $12K; DeFi Debt Outstanding Hits Record

Bitcoin’s back on the price roller coaster and DeFi borrowing is hitting a new high.

CoinDesk 20 Bitcoin Price Index

Markets

Market Wrap: Bitcoin Dips to $11.5K; Cardano Is Making a Big DeFi Move

After testing a $11,900 high bitcoin takes a dip while a DeFi competitor to Ethereum checks off a roadmap box.

Source: CoinDesk 20 Bitcoin Price Index

Markets

First Mover: Kyber CEO Predicts 2020 Transactions at $3B as DeFi Token Soars

Kyber Network's KNC token has brought traders eightfold returns this year, dwarfing those for bitcoin and ether. CoinDesk spoke with CEO Loi Luu about the project and the DeFi boom.

Loi Luu, Kyber Network CEO, at CoinDesk Consensus 2018 (CoinDesk archives)

Markets

Market Wrap: Bitcoin Breaks $11,800; Ether Options Market Explodes

Bitcoin's price is clawing its way back after weekend losses while the ether options market suggests a bumpy road ahead.

Source: CoinDesk 20 Bitcoin Price Index