Tom Carreras

Tom writes about markets, bitcoin mining and crypto adoption in Latin America. He has a bachelor's degree in English literature from McGill University, and can usually be found in Costa Rica. He holds BTC above CoinDesk's disclosure threshold of $1,000.

Tom Carreras

Latest from Tom Carreras


Markets

AVAX Up 4.2% as It Establishes Uptrend Channel

Avalanche’s token shows remarkable strength amid market volatility, with a strong volume-backed breakout.

AVAX

Markets

Trump Media and Semler Scientific Could Be Cheapest Bitcoin Treasury Companies by This Metric

The commonly used mNAV is an insufficient gauge for measuring relative valuations, argues NYDIG's Greg Cipolaro

Semler Scientific stacked additional bitcoin in third quarter (Markus Spiske/Unsplash)

Policy

Paraguay President's X Account Hacked, Shares Bitcoin Scam

Santiago Peña's account said that bitcoin would be made legal tender.

Paraguay. Credit: Planet Volumes, Unsplash+

Markets

AVAX Forms Critical Short-Term Support at $20.25 Level

Avalanche’s token fell sharply following recent gains, with key technical levels emerging.

AVAX

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Markets

TON Surges 2.7% on Massive Volume Before Sharp Reversal

The Telegram token found critical support on the short-term at the $3.20 level.

CoinDesk

Markets

HIVE Digital Capacity Crosses 10 EH/s in May, Aims to More Than Double That by Year-End

The firm’s hydropowered Paraguayan facilities fuelled a 58% monthly hashrate jump.

Paraguay. Credit: Planet Volumes, Unsplash+

Finance

Polymarket Partners Up With Elon Musk's xAI

Shayne Coplan, the prediction market's CEO, said that the two "truth-seeking apps" would be stronger together.

Shayne Coplan, CEO, Polymarket, speaks at Consensus 2024. (Shutterstock/CoinDesk).

Markets

AVAX Surges 6% After Musk-Trump Dispute Sell-Off

Buyers show strong accumulation patterns at key support levels despite broader market uncertainty.

AVAX

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Markets

TON Finds 'Strong Support' at $3.00 Level Amid Wild Crypto Price Swings

Buyers step in during the price correction, driving a rapid upswing with a significant volume spike.

TON

Markets

Bitcoin Threatens $100K, Crypto Losses Grow as Musk/Trump Feud Goes Nuclear

What began as a spat over the GOP tax and spending bill moving through Congress morphed into uncharted levels on Thursday.

Tesla, SpaceX and X CEO Elon Musk arrives to the inauguration of U.S. President-elect Donald Trump in the Rotunda of the U.S. Capitol on January 20, 2025 in Washington, DC. (Chip Somodevilla/Getty Images)