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

BNB Drops After $1.65B Token Burn, Eyes Resistance Near $1,150

Traders face a mixed outlook, with BNB's deflationary mechanics potentially leading to a boost if demand grows, but technicals show the price stuck in a narrow range.

"BNB Inches Up to $1,141 Amid $1.65B Quarterly Token Burn and Choppy Range-Bound Trading"

Finance

Shipping Firm OceanPal Adds AI Arm With $120M PIPE Deal, Eyes 10% of NEAR Supply

The move is backed by investors including Kraken and Fabric Ventures, and OceanPal's shipping business will continue to operate separately.

Shipping vessel at sea (Getty Images/Unsplash+/Modified by CoinDesk)

Markets

PEPE Holds Key Support Level as Volume Surge Points to Whale Trading Activity

Trading volume surged 72% above its daily average, reaching 2.70 trillion tokens, indicating large players are actively managing positions.

"PEPE Slips 0.8% Testing Key Support Amid Surge in Trading Volume and Consolidation Signs"

Policy

Prediction Market Kalshi Sues New York Regulator Over Sports Contracts Ban

Kalshi argues that the CFTC has exclusive jurisdiction over derivatives on federally regulated exchanges, and state interference would fragment the system.

Lady liberty (Tingey Injury Law Firm/Unsplash/Modified by CoinDesk)

Finance

South Korean Crypto Exchanges See 1,400x Jump in Flows Linked to Sanctioned Cambodian Entities

Bithumb led with 12.4 billion won, followed by Upbit with 366 million won. Smaller amounts moved through Coinone and Korbit, while Gopax reported no activity.

(Thoeun Ratana/Unsplash/Modified by CoinDesk)

Markets

PEPE Drops Nearly 2% as Memecoins Struggle, Late-Session Bounce Hints at Buyer Support

Despite the drop, trading volume was only 7.55% above the weekly average, suggesting routine profit-taking rather than a significant shift in sentiment.

"PEPE Meme Coin Shows 0.89% Decline with Late-Session Institutional Buy Amid Consolidation"

Markets

BNB Jumps Over 3% After $1.69B Token Burn, Overtakes XRP's Market Cap

XRP now has a market cap of $157.6 billion, slightly behind of BNB's $161 billion.

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Markets

Fed Interest Rate Decision and a Potential Merger: Crypto Week Ahead

Your look at what's coming in the week starting Oct. 27.

Federal Reserve logo highlighted on a U.S. banknote (joshua-hoehne/Unsplash/Modified by CoinDesk)