Tom Carreras

Tom writes about markets, bitcoin mining and crypto adoption in Latin America. He has a bachelor's degree in English literature from McGill University, and can usually be found in Costa Rica. He holds BTC above CoinDesk's disclosure threshold of $1,000.

Tom Carreras

Latest from Tom Carreras


Markets

Bitcoin Could Hit as High as $124k Before Year-End, Says ARK Invest Analyst

"We are about 55% to 65% of the way" to the end of the bull market, ARK Invest Research Associate David Puell told CoinDesk.

Cathie Wood (Marco Bello/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

Markets

Bitcoin Going to $140K Says Trio of AIs Managing $30M Investment Fund

Intelligent Alpha’s investment committee is composed of three AIs and the fund's CEO tries to stay out of their way.

robot hand holding dollar bills

Markets

The Subtle Way AI Data Centers Boost Bitcoin Mining Economics

The competition for cheap electrons could establish a floor for hashprice, or at least slow down hashrate growth.

A bitcoin mining operation. (Cipher Mining)

Markets

Bitcoin Makes New All-Time High of $94,000 as ETF Options Go Live

Spot bitcoin exchange-traded funds options are making solid volume on their first day.

Bitcoin price on Nov. 19 (CoinDesk)

Policy

Can a Strategic Bitcoin Reserve Move Forward Without Congress? Experts Disagree

The U.S. government already holds more than 208,000 bitcoin, but retaining it is more complicated than might be assumed.

Former U.S. President and now President-elect Donald Trump (Jon Cherry/Getty Images).

Policy

An Interview With El Salvador’s Top Crypto Regulator: ‘Developing Countries Can Lead the Financial Revolution’

The National Commission of Digital Assets is the agency in charge of regulating crypto in El Salvador, the first nation to accept bitcoin as legal tender.

Juan Carlos Reyes of the National Commission of Digital Assets in El Salvador (CNAD)

Finance

How a $115M Crypto Fund With Big Ambitions Plans to Invest In Latin America

Hyla Fund Management is starting a new LatAm crypto funds and wants to become the "Goldman Sachs for digital assets."

Paola Origel, the CEO and co-founder of Hyla Fund Management. (Credit: Hyla Fund)

Markets

El Salvador's Bitcoin Stash Rises Above $500M, but Bhutan Story Might Be Even Bigger

Monday’s bitcoin rally propelled El Salvador and Bhutan’s crypto stashes to $500 million and $1.1 billion respectively.

Nayib Bukele, president of El Salvador (Ulises Rodriguez/APHOTOGRAFIA/Getty Images).

Finance

The Unique Way the Solana Trading Ecosystem Is Making Bank

Trading tools on Solana are immensely profitable. In fact, they tend to rival or exceed DeFi blue chips like Maker, Aave or Lido.

a hundred dollar bill

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