Muyao Shen

Muyao was a markets reporter at CoinDesk based in Brooklyn, New York. She interned at CoinDesk in 2018 after the initial coin offering (ICO) craze before she moved to Euromoney Institutional Investor, one of Europe's largest business and financial information companies. She graduated from Columbia University Graduate School of Journalism with a focus in business journalism.

Recent

Markets

First mover

First Mover Asia: Bitcoin Slips Under $46K as Volume Across Major Centralized Exchanges Remains Low

“It’s pretty much been choppy since that big drop in the beginning of December,” said Efficient Frontier’s Andrew Tu.

By Muyao Shen Damanick Dantes

Jan 3, 2022 at 11:31 p.m. UTC

Jan 3, 2022

First MoverBitcoinEtherAsia

Finance

Bitcoin

Bitcoin Whales Were Active on Coinbase Amid a Quiet Holiday Week

A large bitcoin holder or group of holders bought the dip on Coinbase last week, but more large bitcoin sell orders followed.

By Muyao Shen

Jan 3, 2022 at 6:59 p.m. UTC

Jan 3, 2022

Bitcoin

Markets

First mover

First Mover Asia: Bitcoin Rides $46K-$48K Weekend Tide After ‘Crypto Witching Day’

The oldest cryptocurrency experienced a small price recovery on Saturday, before it fell into the red again on Sunday. Roughly $8.67 billion worth of bitcoin and ether options...

By Muyao Shen

Jan 3, 2022 at 12:37 a.m. UTC

Jan 3, 2022

First MoverBitcoinEther

Markets

First mover

First Mover Asia: Bitcoin Sees Out the Year Near $47K Amid Low Volume Spot Trading

Technical analysis supports a “buy” signal after bitcoin logged three straight days of losses this week.

By Muyao Shen

Dec 30, 2021 at 11:32 p.m. UTC

Dec 30, 2021

First MoverAsia PacificBitcoinEther

(Photo by Robert Alexander/Getty Images)

Markets

First mover

First Mover Asia: Bitcoin Trades Near $47K on Low Volume During Year-End Holidays

The center of the market is still at the expiry of the options contract on Dec. 31.

By Muyao Shen

Dec 29, 2021 at 11:39 p.m. UTC

Dec 29, 2021

First MoverAsia PacificBitcoinEther

Markets

First mover

First Mover Asia: Bitcoin Slumps to Below $48K Ahead of $6B Options Expiry

A total of 129,800 option contracts worth more than $6 billion are set to expire on Friday; ether’s price plummets.

By Muyao Shen

Dec 28, 2021 at 11:39 p.m. UTC

Dec 28, 2021

First MoverAsia PacificBitcoinEther

Markets

First mover

First Mover Asia: Bitcoin Continues Its Low-Volume Rally Before Tapering Off

The sovereign supply of bitcoin – total coins held outside of exchange reserves – hit an all-time high, blockchain data firm Glassnode reported; ether falls slightly.

By Muyao Shen

Dec 27, 2021 at 11:30 p.m. UTC

Dec 27, 2021

First MoverBitcoinEther