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 Pulls Back From $13K While Ether Falls on DeFi Cooling

Market observers were not surprised by an immediate but mild sell-off of bitcoin after it hit 2020’s new highs.

Bitcoin prices, Oct. 23, 2020.

Markets

Voyager Agrees to Buy LGO Markets and Merge 2 Firms' Tokens

Two cryptocurrency trading firms are merging and, in a rare twist, so are their tokens.

Voyager CEO Steve Ehrlich (right) with Robert Dykes of Caspian at Consensus 2019.

Markets

Bitcoin Rallies Above $13K Less Than 24 Hours After Breaking 2020 Highs

Bitcoin (BTC) has risen above $13,000 in less than 24 hours after it broke the $12,000 level on the news PayPal will support cryptocurrencies on its platform.

Screen Shot 2020-10-21 at 6.26.23 PM

Markets

Harvest Finance Doubles Total Value Locked to $704M in One Week

Harvest Finance’s dramatic growth took place during a time when enthusiasm around the DeFi space has slowly hit a wall.

Farmers harvesting, Ethnographic Museum in Avgorou, Cyprus.

Markets

First Mover: PayPal Rushes In and Bitcoin Breaches $12K, While USDC Gains on Tether

PayPal gets conditional N.Y. state license for crypto. Bitcoin prices shoot past $12K. Dollar stablecoin USDC grabs market share from tether.

Bitcoin prices blew through $12K and are now approaching a new 2020 high.

Markets

Tether Still Dominates Stablecoins, but USDC and Dai Are Winning DeFi

USDC and DAI seem to have found their niche as the preferred stablecoins in decentralized trades.

Circle CEO Jeremy Allaire.

Markets

Bitcoin Price Breaches $12K for First Time Since August

Bitcoin prices had to overcome a large number of sell orders to break above $12,000.

Bitcoin prices, Sep. 20 - Oct. 20, 2020.

Markets

Huobi Guarantees Normal Operations During OKEx’s Suspension of Crypto Withdrawals

Huobi, one of OKEx’s biggest competitors, ensured its users that its platform is “currently operating normally,” after OKEx announced that it has suspended all cryptocurrency withdrawals indefinitely.

chinacloud

Markets

Binance’s CZ Views ‘CeDeFi’ as a Complement, Not a Competitor, to DeFi

Binance’s latest experiment to integrate decentralized finance with its centralized platform, Binance Smart Chain, is not here to beat DeFi, said the company’s CEO during CoinDesk’s invest: ethereum economy program.

Binance CEO Changpeng "CZ" Zhao speaks during CoinDesk’s invest: ethereum economy conference.

Markets

Bitcoin and Ether Rally After Grayscale's ETH Trust Becomes SEC-Reporting

Bitcoin advanced to fresh two-month highs on Monday while ether clocked three-week highs after Grayscale reported that its Ethereum Trust has become an SEC-reporting company.

sonnenshein, grayscale