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

Post-Election Déjà Vu: Bitcoin Spikes to a New Record High, While Ether and Solana Rally Ahead of FOMC

Bitcoin (BTC) just hit a new all-time high, but Ethereum's ether (ETH) is the bigger winner.

Bitcoin made a new high today. (CoinDesk).

Markets

How This Crypto Hedge Fund Nailed the Trump Trade

Quinn Thompson, the founder of crypto hedge fund Lekker Capital, shared with CoinDesk why he was so confident Donald Trump would win the U.S. presidential election despite the polls.

PRESCOTT VALLEY, ARIZONA - OCTOBER 13: U.S. Republican presidential nominee, former President Donald Trump dances during a campaign rally at Findlay Toyota Center on October 13, 2024 in Prescott Valley, Arizona. With leaders of the Border Patrol union in attendance, Trump pledged to hire 10,000 additional border patrol agents if reelected, intensifying his attacks on Democratic opponent Kamala Harris on the issue.  (Photo by Rebecca Noble/Getty Images)

Markets

‘It’s So Early’: How Solana Is Competing With Ethereum for Institutional Interest

Solana has a reputation as a memecoin hub, but financial institutions are looking to build on the network.

Solana's offices in New York City (Danny Nelson)

Policy

Live Updates: Trump Wins 2024 U.S. Presidential Election

Up-to-the-minute coverage on the presidential and congressional races and how they stand to shape crypto legislation and regulation.

Vice President Kamala Harris and former President Donald Trump (Danny Nelson/CoinDesk)

Finance

'There's No Catch': Bitcoin Mining Startup Promises Free Money to Renewable Energy Companies

Bitcoin mining could eventually help develop a global index for the price of electricity, according to Sangha Renewables President Spencer Marr.

Spencer Marr, president and co-founder of Sangha Renewables (Spencer Marr).

Policy

Bitcoin Mining Bans Can Backfire on Climate Conscious Governments, a New Research Finds

The intensive energy usage of the Bitcoin network could tempt governments to ban mining due to environmental concerns. A new research paper indicates that could be a mistake, depending on the jurisdiction.

FTX bankruptcy estate consolidates ARB airdrop (Christine Roy/Unplash)

Markets

Crypto Slumps Alongside Trump's Victory Odds on Polymarket as Uncertainty and Profit-Taking Rise

The final stretch of the U.S. presidential election is keeping traders on their toes after recent big runs higher for crypto and traditional markets.

Donald Trump at BTC 2024 (Danny Nelson/CoinDesk)

Markets

Crypto Stocks MicroStrategy, Coinbase and Marathon Post Just Modest Gains as Bitcoin Eyes Record High

A notable outperformer was bitcoin miner Bitfarms, which nominated a new board member amid its proxy battle with Riot Platforms.

Bitcoin price 10/29(CoinDesk)

Finance

An Arctic Circle Bitcoin Mine Will Heat a Building in a Fishing Village

Retail-focused Sazmining is starting a modest-sized bitcoin mining operation, using hydropower, in a small Norwegian fishing town.

A Norwegian town (Michael Fousert/Unsplash)

Markets

Bitcoin Climbs 3% to Retake $68K With Solana Outperforming, Ether Showing Relative Weakness

Bitcoin Cash and Uniswap led CoinDesk 20 gains, each rising more than 5%.

Bitcoin price action (CoinDesk)

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