Muyao Shen

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Muyao is currently a markets reporter at CoinDesk. Prior to CoinDesk, she covered the metals markets at Fastmarkets in New York City, while writing for Forbes Crypto occasionally as a contributor. She started her interests in the blockchain and crypto sector during her time as an intern at CoinDesk in 2018. She also worked in Beijing for a few international news outlets before attending the Graduate School of Journalism at Columbia University in 2017. She holds a very small amount of bitcoin.

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Bitcoin

Bitcoin Falls as Miners Sell, Institutions Watch Yellen

Muyao Shen

Some institutions have paused their buying, at least for the moment.

Ethereum

More Institutional Investors Are Buying Ether, Seeing It as a Store of Value

Muyao Shen

The ether rally appears to be more organic and driven from within the crypto industry.

Bitcoin

Institutions Keep Buying Bitcoin’s Dip, Despite Near-term Volatility: Data

Muyao Shen

Institutions and "whales" have continued their bitcoin purchases, on-chain data shows.

Bitcoin

Bitcoin Slumps to $31K on Sell-Off in US and Europe

Muyao Shen

Uncertainty is leading many to take short-term profit, according to the "Coinbase Premium" indicator.

Bitcoin

Bitcoin Sells Off on Bearish Sentiment, Yellen Worries

Muyao Shen

The sell-off also led to major corrections for other cryptocurrencies including ether, stellar, xrp and chainlink.

Non-Fungible Tokens

K-Pop Stars to Mint Digital Collectibles on Polkadot

Muyao Shen

RBW's Japanese subsidiary will be selling its singers' digital products on the blockchain.

Polkadot

Some Asian Traders Are Using Polkadot to Predict Bitcoin’s Future

Muyao Shen

DOT reached its all-time high of $13.22 just six days after bitcoin’s price reached a new all-time high.

Altcoins

These DeFi Tokens Have Double-Digit Gains as Bitcoin’s Growth Tapers

Muyao Shen

DeFi tokens are attracting investors as bitcoin's rally fades and new protocols are updated.

Altcoins

First Mover: Don’t Like $34K Bitcoin? Stellar, Litecoin Yet to Conquer Old Highs

Muyao ShenBradley KeounOmkar Godbole

Though bitcoin's rally has lost some steam, many traders are still in a bullish mood – and shifting to alternative cryptocurrencies known as "altcoins" whose prices have yet to clear all-time highs from years past.