Muyao Shen

Muyao was a markets reporter at CoinDesk based in Brooklyn, New York. She interned at CoinDesk in 2018 after the initial coin offering (ICO) craze before she moved to Euromoney Institutional Investor, one of Europe's largest business and financial information companies. She graduated from Columbia University Graduate School of Journalism with a focus in business journalism.

Muyao Shen

Latest from Muyao Shen


Markets

Tether Hasn’t Printed New USDT in Weeks: 3 Possible Explanations

Here are three reasons why the stablecoin's tremendous growth has screeched to a halt.

A brown bear waving. (Getty Images)

Finance

Growth in Euro Stablecoins Spurs Dreams of Digital Forex Market

But challenges remain on financing and regulations.

The European Union flag.

Markets

Only 4%? Coinbase Rate on USDC Reveals Focus on Crypto Credit Risk

Greater risk, greater reward? When it comes to USDC deposits, customers might prefer lower risk, lower reward.

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Finance

USDC on Tron Blockchain Surpasses $100M 2 Days After Public Unveiling

The growth could be the result of traders looking for faster and cheaper transactions compared with Ethereum.

(HFA_Illustrations/Shutterstock)

Markets

BlockFi Rate Cut on Bitcoin Deposits Leaves Rivals Scratching Heads

The decision was made based on "changing market conditions."

CoinDesk placeholder image

Markets

Ethereum Gas Fees at 6-Month Low as Market Cools, Layer 2 Solutions Ease Congestion

Ethereum gas fees have abated with decreasing network congestion. Also, there's Flashbots.

Ether gas fees have come down to a six-month low.

Markets

Dfinity's ICP Token Now Down 95% in Nearly Two Months

It took less than two months for the token of one of the most promising crypto projects down to $34 from $630.

Dfinity founder Dominic Williams speaks at Consensus 2019.

Finance

Huobi’s Tighter Derivatives Rules Leave Chinese Traders Scrambling for Alternatives

Binance may gain customers because of Huobi's new restrictions.

Huobi CEO Leon Li

Markets

Market Wrap: Bitcoin Slides to Two-Week Low, Ether to Below $2K as China Reiterates Crypto Ban

CME's bitcoin futures goes into "backwardation" and BTC inflows to exchanges rise as China "FUD" continues.

CoinDesk's Bitcoin Price Index.