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, major tokens drop as traders position for downside protection

Bitcoin extended recent losses as derivatives data show a clear risk-off shift.

Bitcoin symbol

Markets

Bitcoin mining difficulty drops by most since 2021 as miners capitulate

Miners are facing significant challenges, with bitcoin revenue per petahash falling by half from a peak of $70 to $35.

Data center servers

Markets

Coinbase, Robinhood earnings, U.S. jobs report: Crypto Week Ahead

Your look at what's coming in the week starting Feb. 9.

Some coins piled on top of a $100 note.

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Policy

Bithumb $44 billion bitcoin blunder puts South Korea regulators on alert over local crypto exchanges

The Financial Supervisory Service said it plans to build tools that automatically extract suspicious trading patterns by the second and minute.

South Korea (Photo by Daniel Bernard on Unsplash/Modified by CoinDesk)

Markets

Cardano's Charles Hoskinson reveals $3 billion unrealized loss in crypto rout

He stressed long-term commitment, prioritizing the development of decentralized systems over short-term price fluctuations.

Charles Hoskinson

Markets

Bitcoin slips below $70,000 after erasing post-election gains during 'sell at any price' rout

Crypto sentiment was hit as Gemini plans to close operations in several regions and cut staff, while spot bitcoin ETF flows turned negative.

bitcoin price chart (Behnam Norouzi/Unsplash/Modified by CoinDesk)

Policy

Brazil moves to ban algorithmic and other stablecoins like Ethena’s USDe

New legislation requires all stablecoins to be fully backed by reserve assets and introduces penalties for issuing unbacked, algorithmic or other stablecoins.

Brazil's flag (Rafaela Biazi/Unsplash/Modified by CoinDesk)

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Finance

Wall Street giant CME Group is eyeing its own 'CME Coin,' CEO says

The initiative is part of CME's push into tokenized collateral, and the firm is collaborating with Google on a “tokenized cash” solution set to launch later this year.

(Photo by Michael Reaves/Getty Images)

Finance

Ripple’s prime brokerage platform adds support for decentralized exchange Hyperliquid

This integration allows cross-margining of decentralized finance derivatives alongside traditional assets, enhancing centralized risk management.

Ripple