Nick Baker

Nick Baker was 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

Jack Dorsey's Square to Invest More in Bitcoin Mining and Shut Decentralized 'Web5' Venture

The firm is redoubling efforts to supply miners as that industry struggles with profits — and Donald Trump promises help.

Jack Dorsey speaks at Consensus 2018 (CoinDesk)

Finance

Coinbase Brings Bitcoin to Solana, Spurring High Hopes for DeFi Surge

FTX's collapse blew a bitcoin-sized hole in Solana DeFi. Can Coinbase's cbBTC finally fill it?

Coinbase cryptocurrency exchange app on smartphone (Chesnot/Getty Images)

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

Bitcoin Blasts Past $76K for First Time as Violent Crypto Rally Liquidates Nearly $400M Shorts

Crypto exchange Coinbase's shares closed the day 31% higher, leading gains among digital asset-related stocks.

Bitcoin (BTC) price on Nov. 6 (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)

Finance

Will U.S. Election Change Crypto? Maybe, but TradFi Giants Likely to Plow Ahead Regardless

Just this week, in the run-up to Election Day, some big finance projects were announced — suggesting no worries about the road ahead.

The U.S. election may have some short term impact on the crypto industry but TradFi giants are likely to plow ahead regardless of the results. (Douglas Rissing/Getty Image)

News Analysis

Here's Why Today's U.S. Election Matters for Crypto

It's unlikely a crypto bill will become law this year, but not impossible.

(Mark Makela/Getty Images)

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).

Finance

U.S. Election Betting: Polymarket 'Manipulation' Claims Miss the Mark

The manipulation narrative is an attempt by mainstream media to discredit Polymarket’s election odds and control the narrative, one expert said.

WASHINGTON, DC - NOVEMBER 03:  People cast their votes at an early voting site at the Martin Luther King Jr. Memorial Library on November 03, 2024 in Washington, DC. The Nation’s Capitol is bracing for protests and potential unrest with a contentious Election Day looming on the horizon. (Kent Nishimura/Getty Images)

Policy

Citigroup, Fidelity International Unveil Proposal for On-Chain Fund With Real-Time FX Swaps

Their proof-of-concept aims to boost liquidity and efficiency in multi-currency transactions.

Citibank logo