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Muyao Shen

Reporter

Muyao was a markets reporter at CoinDesk based in Brooklyn, New York. She interned at CoinDesk in 2018 after the initial coin offering (ICO) craze before she moved to Euromoney Institutional Investor, one of Europe's largest business and financial information companies. She graduated from Columbia University Graduate School of Journalism with a focus in business journalism.

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Muyao Shen

Latest from Muyao Shen

Markets

First Mover Asia: Bitcoin Declines After Reaching a Record High; Ether Also Drops

The dip in bitcoin occurred after news that China Evergrande Group had failed to pay at least some of its international investors interest payments on bonds the real estate giant had issued.

Nov 10, 2021

Elon Musk's Tweets Send Bitcoin Price on Roller Coaster Ride; Opportunity for the Rise of Altcoins?

Markets

LUNA Hits All-Time High as Terra Community Passes Popular Burn Proposal

The burning marks one of the largest, if not the largest, layer 1 token burnings in crypto history.

Nov 10, 2021

Daniel Shin y Do Kwon, cofundadores de Terra. (Terraform Labs)

Markets

First Mover Asia: Bitcoin Enters ‘Extreme Greed’ Territory; Altcoins Rally

Bitcoin volume has increased the past two days but remains well below its mid-October high.

Nov 9, 2021

Bitcoin Back Above $46K on Low Daily Volume as Altcoins Outperform

Markets

DEXs Have Grown the Most as Competition Among Crypto Exchanges Intensifies: Chainalysis

The majority of DEX users are professional crypto traders looking for “new sources of alpha,” said one analyst.

Nov 9, 2021

(Chainalysis)

Markets

Bitcoin Soars Past $68K for the First Time as Ether Also Sets Record High

The total market capitalization of all cryptocurrencies neared a milestone of $3 trillion.

Nov 9, 2021

Space rocket launch earth spaceship moon.Space exploration program freight carrier vehicle. Elements of this image furnished by NASA.

Markets

First Mover Asia: Bitcoin Hits Record High of Over $67.5K; Ether Also Sets New Mark

Indicators suggest that bitcoin, the largest cryptocurrency by market capitalization, is headed at least initially toward the $86K resistance level.

Nov 8, 2021

Will Bitcoin's Bull Run Continue Next Week?

Markets

First Mover Asia: Bitcoin Rises Amid Light Weekend Trading

Yet, bitcoin’s market dominance has been dropping as interest in altcoins soars; transaction fees on the Ethereum blockchain have been rising.

Nov 7, 2021

Altcoins Overtaking Bitcoin's Dominance in Trading Volume?

Markets

SHIB Slumps Amid Speculation About Large Investor’s Holdings

An increased SHIB sell-off on centralized exchanges has come as the hype around the meme token has tapered off.

Nov 4, 2021

Shiba inu (Melody Less/Unsplash)

Markets

Lower Trading Volatility in 2021 Crypto Bull Runs Signals Maturing Market

Traders appear to have been calmer this year as bitcoin matures as an investment asset.

Nov 3, 2021

Credit: Nicholas Cappello/Unsplash

Markets

Crypto Exchange Kraken Fails to List SHIB, Despite Promise

The San Francisco-based exchange may have underestimated the power of SHIBArmy.

Nov 3, 2021

Credit: Pixabay
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