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


Finance

CoinShares Secures Option to Buy Valkyrie's ETF Unit

A takeover would give the company a foothold in the U.S. as investors get optimistic that crypto ETFs will win SEC approval.

Jean-Marie Mognetti, CEO CoinShares (CoinShares)

Markets

Solana's SOL Rallies 20% in a Day, Erasing Woes of Past 18 Months

The Solana token's massive rally this year increases the odds that FTX customers will recoup all their lost money.

Solana price (CoinDesk)

Finance

Meet Midas: A New Yield-Bearing Stablecoin Investing in U.S. Treasuries

The proposed stablecoin, which tokenizes ownership of Treasuries, mentions BlackRock, Circle, Fireblocks and Coinfirm as "institutional partners."

(Shutterstock)

Markets

Bitcoin ETF Excitement Drives Wall Street Giant CME Above Binance in BTC Futures Rankings

CME's rise to the top rank highlights the growing institutional demand for bitcoin, as the venue is almost exclusively used by large traditional financial institutions, one analyst noted.

Top exchanges by bitcoin futures open interest (CoinGlass)

Markets

Ether Surges to 7-Month High, Outshines Bitcoin on BlackRock ETF Plans; Altcoins Plunge

Bitcoin hit an 18-month high near $38,000 before pulling back sharply.

ETH price (CoinDesk)

Finance

BlackRock's Ethereum ETF Plan Is Confirmed in Nasdaq Filing

The world's largest asset manager has already made waves by seeking to list a bitcoin ETF

BlackRock CEO Larry Fink (Michael M. Santiago/Getty Images)

Markets

Wild Bitcoin, Ether Price Swings Spur $400M of Crypto Liquidations, the Most Since August

BTC and ETH both surged to milestone levels amid bitcoin ETF optimism, but some shorts and longs got badly burned.

Crypto liquidations per asset (CoinGlass)

Policy

SBF Trial: The Last Day of Summer Camp

Sam Bankman-Fried's trial ended, in the words of his defense attorney, "gradually, then suddenly."

SBF Trial Newsletter Graphic

Markets

Bitcoin Tops $37K for First Time Since May 2022 as Short Squeeze Bumps Prices Amid BTC ETF Optimism

Over $62 million in bitcoin shorts were liquidated in the past 24 hours, contributing to higher prices.

El estrangulamiento de posiciones cortas impulsó las ganancias en altcoins. (Bella H./Pixabat)

Policy

U.S. House's Spending Bill Aims to Hamstring SEC's Gensler Amid His Crypto Crackdown

Lawmakers agreed to an amendment from Tom Emmer, a senior House member and vocal crypto supporter, to insert an SEC-blocking provision in their government spending plan.

U.S. Rep. Tom Emmer (Jesse Hamilton/CoinDesk)