Tanaya Macheel

Tanaya Macheel is a markets and investing reporter at CNBC, covering crypto with a focus on market movements and providing regular stories on CNBC.com. She frequently appears on the network's live TV stream and hosts the daily digital show 'Crypto World'. Tanaya has been reporting on cryptocurrency since 2014, working for Cheddar, American Banker, and CoinDesk before joining CNBC. She is based at the company's Global Headquarters in Englewood Cliffs, N.J.

71%

The Daily's Verdict

This author has a mixed reputation for journalistic standards. It is advisable to fact-check, scrutinize for bias, and check for conflicts of interest before relying on the author's reporting.

Bias

88%

Examples:

  • Historically, every halving has resulted in some sort of bullish price action for Bitcoin.
  • The author has a focus on reporting the narrative of Bitcoin and its market movements without providing personal opinions or speculation.

Conflicts of Interest

55%

Examples:

  • Tanaya has been covering crypto since 2014.
  • The author has previously reported for Cheddar, American Banker and CoinDesk before joining CNBC.

Contradictions

85%

Examples:

  • Bitcoin descended to $60,724.45 on Monday, a 5% drop.
  • Bitcoin is down nearly 10% for the month, having touched $71,000 at the start of June but steadily declining since.
  • The price of Bitcoin has fallen more than 8% in the past week and about 17% from its March record.

Deceptions

65%

Examples:

  • A massive supply crunch is about to hit the markets
  • Exchanges are running out of BTC & ETC and apps that offered to buy Bitcoin a few months ago
  • The author claims that bitcoin rallied to $60,000 without providing any source or evidence for this claim.

Recent Articles

Bitcoin Prices Drop Below $61,000: German Government Sales and Market Uncertainty Contribute to Decline

Bitcoin Prices Drop Below $61,000: German Government Sales and Market Uncertainty Contribute to Decline

Broke On: Monday, 24 June 2024 Bitcoin's price dropped below $61,000 to a new June low of $60,723 in the past 24 hours due to over $1.2 billion in crypto investment outflows and news of German government Bitcoin sales. The broader market saw declines, with Ethereum and other cryptocurrencies experiencing losses up to 7.5%. Some investors see opportunities for expansion in AI infrastructure despite market uncertainty and potential volatility.
Tesla's Surprise Approval for Driver-Assistance System in China: Collaboration with Baidu and Potential $10 Billion Investment

Tesla's Surprise Approval for Driver-Assistance System in China: Collaboration with Baidu and Potential $10 Billion Investment

Broke On: Monday, 29 April 2024 Elon Musk secured in-principle approval from Chinese officials for Tesla's driver-assistance system, subject to conditions including a mapping and navigation deal with Baidu. This collaboration will grant Tesla access to Baidu's extensive mapping data and navigation services. The approval marks a potential boost for Tesla as it aims to regain market share in China following a shrinkage from 10.5% to 6.7% in the fourth quarter of 2023.
Bitcoin's Quiet Fourth Halving: Mining Rewards Cut in Half Amidst Muted Market Response

Bitcoin's Quiet Fourth Halving: Mining Rewards Cut in Half Amidst Muted Market Response

Broke On: Friday, 19 April 2024 The Bitcoin network underwent its fourth halving on April 19, 2024, reducing miner rewards by half to 3.125 BTC per block. Google searches for 'Bitcoin halving' hit an all-time high despite a stable Bitcoin price around $64,000. This quiet event contrasts previous halvings with significant price movements and may impact miner profitability and industry consolidation.
Riot Platforms: Poised to Benefit from Bitcoin's Upcoming Halving Event?

Riot Platforms: Poised to Benefit from Bitcoin's Upcoming Halving Event?

Broke On: Thursday, 18 April 2024 The upcoming Bitcoin halving could boost Riot Platforms by increasing demand for its mining services due to industry consolidation. With a projected hash rate increase and potential bullish price action for Bitcoin, Riot may see increased revenue and stock growth.
Bitcoin Surges to New Record High on Increased Demand from ETFs and Institutional Investment

Bitcoin Surges to New Record High on Increased Demand from ETFs and Institutional Investment

Broke On: Monday, 04 March 2024 Bitcoin price surges to new record high of $65,010 on Friday driven by increased demand from exchange-traded funds (ETFs). Despite slight dip in the afternoon, Bitcoin is still up more than 30% year-to-date and nearly 170% compared to this time last year. Increased institutional investment in ETFs such as BlackRock iShares Bitcoin Trust (IBIT) and Fidelity Investments' WBTC has fueled the surge.