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


Policy

Will 2024 Be the Year of the Bitcoin ETF?

All signs suggest a spot bitcoin exchange-traded fund may well launch in the U.S.

(Andrew Burton/Getty Images)

Finance

Bitcoin ETFs Could Spark Huge BTC Trading. The Market Appears Up to the Task

Market makers, like trading firm DRW, have been preparing for months to be able to provide the necessary liquidity to ensure sufficient liquidity should the SEC approve bitcoin exchange-traded funds in the U.S.

Predecessors of today's traders at the NYSE floor in 1963 (Library of Congress)

Finance

Goldman Sachs Eyeing Bitcoin ETF Role Via BlackRock and Grayscale: Sources

Goldman Sachs is in talks to play the key role of being an "authorized participant" for BlackRock and Grayscale's bitcoin ETFs, if the SEC approves them, according to people familiar with the situation.

Goldman Sachs CEO David Solomon (Lester Cohen/Getty Images)

Finance

JPMorgan CEO's Bitcoin Bashing Is a 'Do as I Say, Not as I Do' Situation

Jamie Dimon's bank agreed to play a key role with BlackRock's proposed bitcoin ETF, just weeks after he told U.S. senators: "I've always been deeply opposed to crypto, bitcoin, etc."

JPMorgan Chase CEO Jamie Dimon sees eye-to-eye with longtime Wall Street critic Sen. Elizabeth Warren on distrusting crypto.  (Chip Somodevilla/Getty Images)

Tech

Polygon Stops Work on 'Edge,' Used to Build Dogechain, as Focus Turns to ZK

Polygon Labs, a developer of scaling networks for Ethereum, has shifted toward "Polygon CDK," a blockchain-development kit powered by zero-knowledge cryptography. The older "Polygon Edge" was used by Dogechain, in an unofficial effort to build a Dogecoin-oriented smart-contracts network.

DOGE Meme shiba inu (Atsuko Sato)

Markets

Bitcoin at Risk of Snapping Historic Winning Streak, but 'Perfect Storm' Brews for a Strong 2024

Market participants expect interest rates to fall "aggressively" in the U.S., U.K. and Europe for the next couple of years, which is more beneficial for risky assets, OANDA's Craig Erlam said in an interview with CoinDesk TV.

Bitcoin price this week (CoinDesk)

Tech

Arbitrum Hit by 'Partial Outage' Due to Traffic Surge

The layer-2 blockchain stopped working as intended Friday morning.

Arbitrum booth at ETHDenver (Danny Nelson/CoinDesk)

Markets

TradFi Goes All-In on Fed Rate Cuts. What It Means for Bitcoin

The U.S. central bank yesterday signaled that far easier monetary policy is in store for 2024.

Fed Chair Jay Powell Signaled Easier Monetary Policy on Wednesday (Win McNamee/Getty Images)

Policy

CFTC Pushes FTX-Inspired Rule to Protect Customers' Money

Commissioners took a step toward requiring derivatives clearing organizations, a key type of middleman in the industry, to keep their customers' money segregated from their own funds.

The U.S. Commodity Futures Trading Commission would be granted far-reaching authority over crypto trading and regulation in a new Senate bill. (Jesse Hamilton/CoinDesk)

Policy

U.S. CFTC Approves Bitcoin Futures Platform Bitnomial's Derivatives Clearing Application

The commissioners discussed issues like conflict of interest before ultimately voting in favor of the margined bitcoin futures company.

(Jesse Hamilton/CoinDesk)