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Muyao Shen

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.

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Bitcoin's price was higher on Monday, along with ether.
Markets
First mover
First Mover Asia: Bitcoin Bounces Above $50K Amid Light Weekend Trading, Altcoins Kick Higher
Ether climbs back above $4,100 but the direction of crypto markets at the start of the week remains uncertain.
Bitcoin's price was higher on Monday, along with ether.
By Muyao ShenDamanick Dantes
Dec 12, 2021 at 11:30 p.m. UTC
Dec 12, 2021
First MoverAsia PacificBitcoinEther
SIERRA NEVADA, SPAIN - MARCH 09: Ikuma Horishima of Japan crashes before going on to win the gold medal in the Men's Dual Moguls on day two of the FIS Freestyle Ski and Snowboard World Championships 2017 on March 9, 2017 in Sierra Nevada, Spain. (Photo by Clive Rose/Getty Images)
Markets
First mover
First Mover Asia: Bitcoin Falls Below $49K as Trading Volume Weakens, Altcoins See Red
Bitcoin’s drop-off coincides with a strengthening U.S. dollar; ether declines.
SIERRA NEVADA, SPAIN - MARCH 09: Ikuma Horishima of Japan crashes before going on to win the gold medal in the Men's Dual Moguls on day two of the FIS Freestyle Ski and Snowboard World Championships 2017 on March 9, 2017 in Sierra Nevada, Spain. (Photo by Clive Rose/Getty Images)
By Muyao ShenDamanick Dantes
Dec 9, 2021 at 11:30 p.m. UTC
Dec 9, 2021
First MoverAsia PacificBitcoinEther
CoinDesk placeholder image
Markets
First mover
First Mover Asia: Bitcoin Holds Steady as Crypto CEOs Testify, Ether Climbs
CEOs from six major crypto firms spoke before the U.S. House Financial Services Committee; stocks rose amid fading Omicron concerns.
CoinDesk placeholder image
By Muyao ShenDamanick Dantes
Dec 8, 2021 at 11:30 p.m. UTC
Dec 8, 2021
First MoverAsia PacificBitcoinEtherCongress
ALAJUELA, COSTA RICA - JANUARY 15: A Green Hermit is pictured at a Hummingbird feeding station on January 15, 2016 in Alajuela, Costa Rica. Of the 338 known species of Hummingbird worldwide there are around 50 in Costa Rica. Hummingbirds are named for the distinctive sound made by their tiny beating wings, and are admired for their vibrantly coloured iridescent plumage. Their ability to hover, with wings beating between 12 and 90 times a second, and to fly backwards makes them different from all other birds. They are some of the smallest birds in the world and have the highest metabolic rate of any bird with a heart rate that can exceed 1,200 beats a minute. They can hear and see better than humans, but have a poor sense of smell. Hummingbirds eat at least half their body weight in food every day, darting between flowers to lap up nectar. They are generally solitary, very territorial and can be incredibly aggressive towards other birds. At night they go into a state of torpor to help conserve energy, and occasionally can be found sleeping upside down like bats on branches. (Photo by Dan Kitwood/Getty Images)
Markets
First mover
First Mover Asia: Bitcoin Rises on Encouraging Omicron News Before Falling Back; Ether Drops Slightly
Blockchain data now indicates that the market crash over the weekend resulted from a “weak hand purge.”
ALAJUELA, COSTA RICA - JANUARY 15: A Green Hermit is pictured at a Hummingbird feeding station on January 15, 2016 in Alajuela, Costa Rica. Of the 338 known species of Hummingbird worldwide there are around 50 in Costa Rica. Hummingbirds are named for the distinctive sound made by their tiny beating wings, and are admired for their vibrantly coloured iridescent plumage. Their ability to hover, with wings beating between 12 and 90 times a second, and to fly backwards makes them different from all other birds. They are some of the smallest birds in the world and have the highest metabolic rate of any bird with a heart rate that can exceed 1,200 beats a minute. They can hear and see better than humans, but have a poor sense of smell. Hummingbirds eat at least half their body weight in food every day, darting between flowers to lap up nectar. They are generally solitary, very territorial and can be incredibly aggressive towards other birds. At night they go into a state of torpor to help conserve energy, and occasionally can be found sleeping upside down like bats on branches. (Photo by Dan Kitwood/Getty Images)
By Muyao ShenDamanick Dantes
Dec 7, 2021 at 11:30 p.m. UTC
Dec 7, 2021
First MoverAsia PacificEtherBitcoin
Heading Up
Markets
First mover
First Mover Asia: Bitcoin Tops $50K, Ether, Other Altcoins Rise
Bitcoin trading volume was down for the second consecutive day,
Heading Up
By Muyao ShenDamanick Dantes
Dec 6, 2021 at 11:30 p.m. UTC
Dec 6, 2021
First MoverAsia PacificBitcoinEther
Credit: Noah Buscher/Unsplash
Markets
Wbtc
Wrapped Bitcoin’s Supply Has More Than Doubled, but BadgerDAO Hack Exposed Risks of Moving Bitcoin to Ethereum
Higher returns usually come with higher risks.
Credit: Noah Buscher/Unsplash
By Muyao Shen
Dec 6, 2021 at 9:21 p.m. UTC
Dec 6, 2021
wBTCBitcoinWrapped BitcoinDeFiHackYield FarmingEthereum
NEW YORK, NEW YORK - FEBRUARY 25: People walk by the New York Stock Exchange (NYSE) on February 25, 2021 in New York City. As a rapid rise in Treasury yields has made equity investors nervous, stocks fell on Thursday with the Dow down 500 points in afternoon trading. (Photo by Spencer Platt/Getty Images)
Markets
First mover
First Mover Asia: Bitcoin, Altcoins Regain Ground After Early Weekend Spiral; Trading Volume Levels Off After an Intense Saturday
Investors, who have been spooked by the omicron variant of the COVID-19 virus, are awaiting the opening of equity markets on Monday.
NEW YORK, NEW YORK - FEBRUARY 25: People walk by the New York Stock Exchange (NYSE) on February 25, 2021 in New York City. As a rapid rise in Treasury yields has made equity investors nervous, stocks fell on Thursday with the Dow down 500 points in afternoon trading. (Photo by Spencer Platt/Getty Images)
By Muyao ShenDamanick Dantes
Dec 5, 2021 at 11:30 p.m. UTC
Dec 5, 2021
First MoverAsia PacificBitcoinEtherAltcoins
Celsius CEO Alex Mashinsky (CoinDesk archives)
Markets
Defi
Crypto Lender Celsius Admits Losses in $120M BadgerDAO Hack
However, the company didn’t specify the amount it lost.
Celsius CEO Alex Mashinsky (CoinDesk archives)
By Muyao Shen
Dec 3, 2021 at 7:17 p.m. UTC
Dec 3, 2021
DeFiHackCelsiusLendingCrypto Lending
(Shutterstock)
Markets
First mover
First Mover Asia: Markets in Wait-and-See Mode; Bitcoin Hovers Around $57K
The price for the tether-yuan pair fell entering December, as the deadline approaches for Huobi, a popular crypto exchange among Chinese investors, to close the accounts of it...
(Shutterstock)
By Muyao ShenDamanick Dantes
Dec 2, 2021 at 11:31 p.m. UTC
Dec 2, 2021
First MoverAsia PacificBitcoinEther
(Shutterstock)
Markets
First mover
First Mover Asia: Bitcoin Drops Following First US Omicron Case
Ether falls, breaking a four-day streak of gains; equity markets tumble.
(Shutterstock)
By Muyao ShenDamanick Dantes
Dec 1, 2021 at 11:30 p.m. UTC
Dec 1, 2021
First MoverAsia PacificBitcoinEther