Francisco Rodrigues

Francisco is a reporter for CoinDesk with a passion for cryptocurrencies and personal finance. Before joining CoinDesk he worked at major financial and crypto publications. He owns bitcoin, ether, solana, and PAXG above CoinDesk's $1,000 disclosure threshold.

Francisco Rodrigues

Latest from Francisco Rodrigues


Markets

Bitcoin tends to outperform gold and stocks after global shocks, Mercado Bitcoin finds

The study analyzed 60-day windows after economic or geopolitical shocks and found that Bitcoin posted stronger returns than gold and the S&P 500 in each period.

Stock trading charts. (sergeitokmakov/Pixabay)

Web3

Elon Musk's X to deploy scam kill switch by auto-locking first-time crypto mentioners

The move comes in response to a wave of phishing attacks using fake copyright emails and is the latest in an attempt to shut down crypto-linked scams on the platform.

X and other social media apps on smartphone (Julian/Unsplash/Modified by CoinDesk)

Finance

Beyond T-bills: OpenEden introduces tokenized high-yield corporate bond

The product further expands the tokenized real-world asset market beyond cash-equivalent and treasury strategies, which currently dominate the sector.

BNY office (BNY)

Markets

Brazil's B3 exchange to offer bitcoin-linked 'event contracts' for the ultra-rich

The contracts are regulated by Brazil's securities regulator and designed for professional investors with at least 10 million reais ($1.9 million) in assets.

Trading chart (Vladislav Maslow)

Finance

Crypto asset manager CoinShares to list on Nasdaq Stock Market after $1.2 billion SPAC deal

The listing makes CoinShares the latest crypto firm to list in the U.S., following the likes of BitGo, Circle, Bullish and Gemini.

Jean-Marie Mognetti, CEO CoinShares (CoinShares)

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Finance

Mercado Libre shuts down Mercado Coin, ending its loyalty-driven crypto experiment

Starting April 17, users will no longer be able to buy, sell or earn cashback in Mercado Coin, but can sell, spend, or have the token converted to local currency.

A person holding a payments card sits at a computer (Rupixen/Unsplash)

Finance

Forex startup OpenFX raises $94 million to expand stablecoin-powered cross-border payments

The company acts as a bridge between traditional banking and digital assets, enabling faster and cheaper foreign-exchange conversions for businesses moving large sums of money.

Stacks of 100 dollar bills (Dmytro Glazunov/Unsplash/Modified by CoinDesk)