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

Market Wrap: Bitcoin Stabilizes Around $49K After Two Extremely Volatile Trading Days

There are signs some of the excessive leverage had been wrung out of the market, implying the potential for a fresh more to the upside, analysts said.

CoinDesk' Bitcoin Price Index

Markets

Planning to Short Bitcoin? Better Check China’s ‘Tether Premium’ First

Bitcoin analysts say this week's quick market rebound might be due to Chinese retail buyers buying the dip, using the stablecoin tether.

tether

Markets

Market Wrap: Bitcoin Settles Around $47K After Biggest 2-Day Rout in 11 Months

Bitcoin's price has declined 20% since Sunday.

Bitcoin Price Index (CoinDesk 20)

Markets

Bitcoin Poised for Further Losses After Two-Day Plunge Wipes Out More Than $100B

Even after a price plunge of more than $10,000 over the past couple days, analysts see further selling ahead.

Bitcoin Price Index (CoinDesk 20)

Markets

Attention Kraken Shoppers! Ether Was Half Off at $700 During Monday’s Crypto Sale

Kraken said ether's price had a "sharp" downward movement on Monday.

kraken

Markets

Market Wrap: Bitcoin Stabilizes After Margin Calls Fuel Biggest Plunge in Month

After a lot of drama, bitcoin’s back to trading where it was a few days ago.

CoinDesk's Bitcoin Price Index

Markets

Bitcoin Transfers Worth Billions Could Mean More Selling Pressure

Blockchain data showed investors moving the cryptocurrency onto exchanges, ostensibly preparing for a quick sale.

CoinDesk's Bitcoin Price Index.

Markets

Market Wrap: Bitcoin Briefly Above $56K, Ether Follows BTC’s Rally

There are still several psychological barriers for bitcoin to break, even as it passed a key milestone of $1 trillion in market capitalization.

CoinDesk's Bitcoin Price Index

Markets

Bitcoin’s Price Surge Accelerates After Passing Milestone of $1T Market Value

The price could go higher, unless traders start taking profits.

CoinDesk's Bitcoin Price Index

Markets

Market Wrap: Bitcoin Steadying Around $52K, Ether Surges on Rising Institutional Interest

Bitcoin and ether continue to rise, but that could create problems for overheated derivatives markets.

Bitcoin Price Index on CoinDesk 20