Sam Reynolds

Sam Reynolds is a senior reporter based in Asia. Sam was part of the CoinDesk team that won the 2023 Gerald Loeb award in the breaking news category for coverage of FTX's collapse. Prior to CoinDesk, he was a reporter with Blockworks and a semiconductor analyst with IDC.

Sam Reynolds

Latest from Sam Reynolds


Markets

First Mover Asia: Bitcoin Has Not Bottomed Out, Data Suggests; Ether and Other Altcoins Fall in Monday Trading

A recent report from South Korea-based CryptoQuant outlines a number of price valuation metrics that show bitcoin sinking to as low as $14,500 to $10,000.

Bitcoin's price may not have bottomed out. (Sebastian Condrea/Getty Images)

Markets

First Mover Asia: Bitcoin Holds Steady Above $21K; DeFi Platform Forward’s $5M Funding Round Highlights Crypto’s Growth in Thailand, but Regulation Lags

Two of Thailand’s largest banks participated in the round, but the country also faces a major obstacle keeping its best tech talent.

Bangkok (Getty Images)

Finance

Cash From 2021 DAO Maker Crypto Hack Being Mixed Through Tornado Cash

$500,000 worth of the dai stablecoin, stolen last year, is being sent through the notorious mixer.

(National Oceanic and Atmospheric Administration)

Markets

First Mover Asia: Crypto Legislation, Enforcement Highlight a Busy Fall for Financial Regulators; Bitcoin Holds Steady Over $19K

South Korea, Thailand and Singapore will be addressing legal action, legislation and other issues in the coming months.

Singapore Skyline (Swapnil Bapat/Unsplash)

Markets

First Mover Asia: Binance’s USDC Swap Out Isn’t What You Think It Is; What's Behind Bitcoin's Late Dive?

The exchange is hoping to generate one big pool for USD stablecoins to be used for trading and powered by Binance’s USD stablecoin; bitcoin drops below $19K.

Consensus 2022

Markets

First Mover Asia: Ethereum's Merge Starts to Hit Gaming Chip Prices

Prices for graphics processing units for personal computers are tumbling ahead of the Ethereum blockchain's upcoming shift, which is already reducing demand for chips from cryptocurrency miners.

GPU prices have taken a toll, and it's hitting Nvidia's bottom line. (FritzchensFritz/Creative Commons, modified by CoinDesk)

Markets

First Mover Asia: The Michael Saylor Tax Case and What It Means; Bitcoin Wrestles With $20K

The MicroStrategy executive chairman says the District of Columbia’s scrutiny of his tax residency is wrong, but the filing has deeper significance.

MicroStrategy CEO Michael Saylor at the Bitcoin 2022 Conference in Miami (Marco Bello/Getty Images)

Policy

California Assembly Passes Crypto Regulation Bill That Requires Bank-Issued Stablecoins

The Digital Financial Assets Law, which is similar to New York’s BitLicense, has been criticized by industry stakeholders.

California's state flag (Getty Images)

Markets

First Mover Asia: Bitcoin Claws Back Above $20K; Singapore Bank Head’s Speech Reflects Growing Crypto Hostility

In his speech, Ravi Menon spoke in favor of digital asset innovation but not cryptocurrency speculation. But the Monetary Authority of Singapore’s approach may not be realistic.

Bitcoin clawed back above $20,000 after falling below this threshold. (Frederick Bass/Getty Images)