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

Ethereum's Fusaka Testing and Continued U.S. Government Shutdown: Crypto Week Ahead

Your look at what's coming in the week starting Oct. 13.

U.S. Congress (Jesse Hamilton/CoinDesk)

Markets

Ethena's USDe Briefly Loses Peg During $19B Crypto Liquidation Cascade

USDe recovered quickly, and Ethena Labs confirmed that the mint and redeem functionality remained operational, with the stablecoin remaining overcollateralized.

A bear roars

Markets

‘Largest Ever’ Crypto Liquidation Event Wipes Out 6,300 Wallets on Hyperliquid

The sell-off erased over $1.23 billion in trader capital on Hyperliquid and $19 billion across the crypto market in a 24 hours.

Stylized bull and bear face off

Markets

Norwegian Officials Probe Major Polymarket Bets on Nobel Peace Winner

A trader with a new account and no prior betting history placed a $70,000 bet on Venezuelan opposition leader Maria Corina Machado winning the prize.

Magnifying glass

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Markets

Gold-Backed Tokens Hold Firm in $19B Crypto Rout, but Rally May Be Near Exhaustion

Gold-backed tokens have been a refuge for crypto investors, with year-to-date gains of over 50%, mirroring gold's historic rally.

Gold bars.

Markets

‘Distribution Is the Key’: BNB’s 129% Rally Mirrors Solana’s 2024 Surge

The recent surge in BNB's price appears to be driven by Binance's scale and user reach, with $14.8 billion in inflows last quarter.

BNBUSD chart (CoinDesk Data)

Markets

BNB Falls 2% as Memecoin Trades Unwind Despite 'Hard to Ignore' Rally

BNB's price movement follows a 45% surge in the past month, which made it the third-largest cryptocurrency by market capitalization.

BNBUSD (CoinDesk Data)

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Finance

QumulusAI Secures $500M Blockchain-Backed Facility to Scale AI Compute Infrastructure

The non-recourse facility allows QumulusAI to borrow stablecoins against up to 70% of its approved GPU deployments.

Data center servers (Taylor Vick/Unsplash)