Nick Baker

Nick Baker is CoinDesk's deputy editor-in-chief. He won a Loeb Award for editing CoinDesk's coverage of FTX's Sam Bankman-Fried, including Ian Allison's scoop that caused SBF's empire to collapse. Before joining in 2022, he worked at Bloomberg News for 16 years as a reporter, editor and manager. Previously, he was a reporter at Dow Jones Newswires, wrote for The Wall Street Journal and earned a journalism degree from Ohio University. He owns more than $1,000 of BTC and SOL.

Nick Baker

Latest from Nick Baker


Markets

Memecoins Reach $140B Market Cap and Gain Ground in Crypto Economy

The memecoin sector was worth 11.21% of crypto market capitalization, excluding bitcoin and ether, as of Dec. 1.

DOGE loses key price levels. (Virginia Marinova/Unsplash)

Finance

Suilend Plots New Crypto-Finance Services on Sui After $6 Million Raise

The Sui blockchain hasn't yet catapulted into bull-market talk. But its DeFi ecosystem is trending up, creating an opening for one of its biggest protocols.

Stacks of coins

Finance

Bitcoin at $100K: The Financial World Reacts

After BTC hit $100,000, growing from zero to $2 trillion in a decade and a half, CoinDesk rounded up reactions — from believers and skeptics — to the milestone.

People respond to BTC reaching $100,000, including Trump, Schiff and Bukele

Finance

Corporate Bitcoin Treasuries Are All the Rage. Now XRP?

Worksport, a Nasdaq-listed manufacturer of covers for pickup trucks, has decided to not only buy bitcoin for its corporate treasury, but also Ripple's XRP.

A Worksport factory

Markets

'Hawk Tuah' Sensation Haliey Welch's HAWK Token Goes Live

A private token sale was done at a $34.5 million valuation.

Haliey Welch issues statement on HAWK memecoin (Hawk Token Page/Overhere)

Markets

Bitcoin Jumps to $99K as Spiking Coinbase Premium Points to Strong U.S. Buying

Spot BTC prices were at times $300 pricier on Coinbase relative to Binance, suggesting the rally may be driven by heavy demand from American investors.

Bitcoin price on Dec. 4 (CoinDesk)

Markets

Binance's BNB Hits Fresh Record, Breaks Out of 3-Year Range as Altcoin Rotation Accelerates

Older cryptocurrencies with regulatory overhang were among the biggest gainers over the past month as Donald Trump's election victory promises a friendlier U.S. regulatory environment toward digital assets.

BNB price broke above $700 to new record highs (TradingView)

News Analysis

MicroStrategy Looks Poised to Join Influential Nasdaq-100 Index. Here's What That Means for the Stock.

This would guarantee new money flowing into Michael Saylor's stock and would bring more bitcoin into an important TradFi benchmark.

Michael Saylor speaks on stage during Bitcoin Conference 2023 at Miami Beach Convention Center on May 19, 2023 in Miami Beach, Florida. (Jason Koerner/Getty Images)

Policy

Why Costa Rica Is Taking a Hands-Off Approach to Regulating Crypto

The Costa Rican government is keeping a watchful eye on crypto experiments in the country, says former deputy Jorge Eduardo Dengo Rosabal.

Birds in Costa Rica

Policy

Tornado Cash Sanctions Overturned by U.S. Appeals Court; TORN Soars Over 500%

The decision answers the controversial debate over whether the crypto-mixing service, which anonymizes transactions, can be banned for its use by criminals.

A 2022 protest demonstrates the long fight over Tornado Cash, including the arrest of developer Alexey Pertsev. (Jack Schickler/CoinDesk)