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

Bitcoin ETPs Witness Record-Breaking Monthly Inflows: K33 Research

ProShares’ Bitcoin Strategy ETF (BITO) has hit an all-time high bitcoin equivalent exposure of 4,425 BTC.

Layer 2 blockchains could siphon revenue away from Ethereum. (Muhammad Iswahyudi/Pixabay)

Markets

First Mover Asia: Bitcoin Lingers Below $30K, While XRP Continues Its Rally

PLUS: Last week's partial court victory for Ripple last week buoyed Coinbase's share price by clarifying a nettlesome regulatory issue. The company still needs to recapture trading volume but seems headed for better times, an analyst says.

Bitcoin daily chart. (CoinDesk Indices)

Markets

Levered Bullish Longs Getting Liquidated as Bitcoin Market Softens

CoinGlass data shows that in the last 24 hours, $116.38 million worth of futures bets were liquidated, with $85.68 in bullish long positions

Notional is launching a new leveraged lending product. (Shutterstock)

Finance

Celsius Estate Settles With Series B Holders Over Proceeds of GK8 Sale

Mike Novogratz’s Galaxy Digital purchased self-custody platform GK8 from Celsius in December as part of bankruptcy proceedings.

Alex Mashinsky (CoinDesk)

Markets

Cathie Wood Says ARK Is ‘Taking Profits’ as It Sells $26M COIN

The sale comes a day after ARK sold $50.5 million of the crypto exchange’s stock.

Cathie Wood, Exponential Africa Show screenshot

Markets

First Mover Asia: Bitcoin Rebounds to $30.1K After Retreating to June Low

PLUS: A day in the life of Binance’s head of law enforcement training – petty crooks, fake subpoenas, and dodging politically sensitive requests.

Bitcoin daily chart. (CoinDesk Indices)

Tech

A New Uniswap Feature Aims to Eliminate DeFi Pain Points

UniswapX claims to offer better prices by aggregating liquidity sources, with gas-free swaps and protection against "maximal extractable value" or MEV.

Floatie in the form of a unicorn, the emblematic mythical creature featured in Uniswap's logo and marketing materials. (Unsplash/Modified by CoinDesk)

Markets

First Mover Asia: Bitcoin Hovers Near $30.3K After Expected Correction. Retail Investor Enthusiasm 'Likely to Increase': Analyst

The rising flows into Toronto-based Purpose’s spot bitcoin ETF, which received approval by Canadian regulators in 2021, reflect strong appetite among retail investors for these types of products and are a promising sign for U.S. companies who have recently filed spot BTC applications with the SEC.

Bitcoin daily price chart. (CoinDesk Indices)

Markets

XRP Short Traders Log Highest Losses in 2023 After Landmark Court Ruling

XRP token market capitalization has jumped to over $40 billion, its largest level since April 2022.

XRP took off while other cryptos flatlined. (SpaceX/Unsplash)

Markets

Ether Pushes Past $2K as Ripple's Partial Win Against SEC Invigorates Market

Several layer-1 tokens soared after the Ripple ruling ignited hopes of a favorable ruling in other SEC cases against crypto firms.

Ether Prices (CoinDesk)