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

Another BTC Mining Firm Moves Into Ethereum Reserve, Hailing ETH as ‘Digital Gold’

The investment adds to the growing public ether treasuries, which currently hold over 1.34 million ETH, according to a public tracker.

gold bars (Philip Oroni/Unsplash+)

Markets

Pump.fun Swiftly Raises $500M in Public Sale at $4B Fully Diluted Valuation

All 125 billion tokens sold at $0.004 each, giving PUMP a $4B fully diluted valuation; post-sale tokens stay initially frozen for up to 72 hours.

Pump.fun's swap tool (Danny Nelson/CoinDesk)

Web3

Tether to Halt USDT on Omni, BCH, Kusama, EOS, Algorand as Focus Shifts to Layer 2s

The decision is due to declining usage of USDT on these networks over the past two years and as the company moves its focus to newer platforms such as Layer 2s.

U.S. Capitol and Tether (Jesse Hamilton/CoinDesk)

Markets

Coinbase’s Pudgy Penguin Avatar Change, ETF Hopes Ignite 60% PENGU Rally

The move also lifted the floor price of Pudgy Penguin NFTs and increased volume by nearly 690%.

Pudgy Penguins is a collection of 8,888 unique penguins with proof of ownership stored on the Ethereum blockchain. (Screenshot: OpenSea)

Advertisement

Markets

PEPE Jumps 14% as Whales Pile In, Bitcoin Breaks $118K in Broad Crypto Rally

The top 100 addresses increased their holdings by 2.3% over the past month, while exchange holdings have dropped by 2.17%.

CoinDesk

Markets

BNB Climbs Toward $700 as $1B Token Burn and Corporate Treasury Plans Fuel Demand

The price rise was driven by a combination of the broader cryptocurrency market rally and a fresh $1 billion token burn.

BNB price chart (CoinDesk Data)


Advertisement

Finance

Alibaba Founder-Backed Ant Group to Integrate Circle’s USDC on Its Blockchain

The move is part of Ant's broader effort to build a platform that supports various forms of digital currencies, including tokenized assets.

Circle's logo on a building (Sandali Handagama/ CoinDesk)

Finance

Greece Makes First Crypto Seizure Tied to North Korea's $1.5B Bybit Hack

The Hellenic Anti-Money Laundering Authority issued a freezing order, locking the assets and preventing them from being transferred.

Bybit lost roughly $1.5 billion in crypto to a theft Friday. (appshunter.io/Unsplash)