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

Bitcoin Price Rally Fueled by Whales’ $1.6B Buy, Blockchain Data Shows

But why the whales made their buys on an exchange instead of an over-the-counter desk remains unclear.

Bulls fighting. (Bykofoto/Shutterstock)

Markets

Large Institutional, DeFi Activities Dominate India Crypto: Chainalysis

The blockchain research group thinks the country could soon become a regional hub for cryptocurrency-related investments.

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Markets

LUNA Hits All-Time Highs After Terra Network Upgrade

The Columbus-5 upgrade has altered the network’s token economics to place “deflationary pressure” on LUNA.

http://www.metmuseum.org/art/collection/search/437645

Markets

‘Coinbase Premium’ Indicates Whales on Binance May Be Behind Bitcoin’s Rally

Institutions outside the U.S. have turned more bullish, according to trading data.

Ballena. (Unsplash)

Markets

Coincidence or Insider Trading? Price Pops Before Incentive Announcements Raise Questions

Blockchain data shows recent surges in the days leading up to multimillion-dollar user acquisition programs. Experts offer some possible explanations as to why.

(Tetra Images via Getty Images)

Markets

China’s Bitcoin Ban May Be Bullish for DeFi – But Only Briefly

DeFi token prices surged amid the recent crackdown, but some insiders doubt it will last.

(Paul Yeung/Bloomberg via Getty Images)

Markets

Huobi Appears to Have Suspended Mainland China for New User Registration

The move came after China announced tougher measures on crypto trading.

Huobi OTC

Policy

China’s Latest Crypto Ban Is Its Most Severe, Insiders Say

Individuals who live inside China but work for off-shore crypto exchanges can be subject to legal prosecution.

People's Bank of China (Emmanuel Wong/Getty Images)

Markets

NFT Trading Volume Plummets but Analysts Say NFT Craze Is Far From Over

Daily trading volume on the top NFT marketplace has dropped by more than 80% over the past month.

Cryptopunks NFTs

Markets

The Next Solana? Algorand Token Sees Highest Price in More Than 2 Years Despite Market Sell-Off

The price of Algorand’s ALGO tokens has jumped more than three-fold this year, leading to a market capitalization of more than $6 billion.

Rockets