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


Finance

Solana DeFi platform step finance hit by $27 million treasury hack as token price craters

The platform's governance token (STEP) plummeted over 80% following the announcement amid a wider crypto market drawdown.

hackers (Modified by CoinDesk)

Markets

Bitcoin falls out of global top 10 assets by market capitalization, below Elon Musk's Tesla

Ether also declined significantly, dropping to 56th place with a market cap just above $300 billion and losing 14.5% of its value.

price decline

Markets

Bitcoin breaks key support level as Glassnode warns of further price breakdown

Long-term bitcoin holders are selling at the fastest pace since August, while some industry observers suggest the market may be approaching a bear-market bottom.

A matador faces a bull

Markets

Bitcoin plunges near $77,000 as geopolitical risks deepens amid U.S-Iran tension

Bitcoin slid under $78,000 on Saturday as thin weekend liquidity magnified selling pressure, with traders pointing to Middle East tensions, U.S. political risk and lingering crypto-specific uncertainty.

Traders on of the floor of the New York Stock Exchange.

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Policy

U.S. imposes sanctions on crypto exchanges tied to Iran for the first time

The exchanges were accused of facilitating transactions for the Islamic Revolutionary Guard Corps and are linked to an Iranian businessman convicted of embezzlement.

(Photo by hosein charbaghi on Unsplash/Modified by CoinDesk)

Markets

Crypto stocks sink as spot volume plunges and bitcoin tumbles below $84,000

Bellwether crypto exchange Coinbase was lower for an 8th straight session on Thursday to its weakest level since May.

Stock market price charts (Anne Nygård/Unsplash)


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Finance

Sygnum’s new bitcoin fund pulls in $65 million from investors looking for steady yield

The fund delivered an 8.9% annualized net return in its first quarter, targeting 8-10% annual returns through systematic arbitrage strategies.

Stock market price charts (Anne Nygård/Unsplash)

Markets

Crypto Markets Today: Largest tokens decline, with derivatives signaling caution ahead

Even though the Fed's decision to hold interest rates was widely expected, geopolitical tensions and a rotation into haven assets left crypto traders facing a sea of red.

roaring bear