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


Tech

Pudgy Penguins launches its 'Club Penguin' moment, and the game doesn't feel like crypto at all

Pudgy World went live with 12 towns, plot-based quests, and mini-games in what the team calls "one of the most technically advanced browser-based games ever created." The PENGU token jumped 9% on the news.

Image of several Pudgy Penguin NFTs (Pudgy Penguins)

Markets

Here's how traders and big buyers stepped in to keep bitcoin steady during the oil shock

Several market participants, including MSTR and OTC traders, kept demand steady, helping BTC stay resilient.

(Provincial Archives of Alberta/Unsplash)

Markets

AI tokens rally after Nvidia open-source agent plan, beat CoinDesk 20

The AI-linked cryptocurrencies moved higher after a report from Wired said Nvidia is planning an open-source platform for autonomous AI agents.

Nvidia CEO Jensen Huang (Nvidia)

Markets

Bhutan sells $42.5 million of bitcoin in 2026 as national stack drops 58% from peak

The Himalayan kingdom moved another 175 BTC on Monday, continuing a drawdown that has taken its holdings from a peak of roughly 13,000 BTC to under 5,400 in just over a year.

Buddha point, Thimphu, Bhutan (Passang Tobgay/Unsplash)

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Markets

Bitcoin jumps past $70,000 as war volatility fades

BTC rebounded from about $65,000 as crude oil retreated and institutional flows helped stabilize the market.

Jet fighters arranged on an aircraft carrier

Markets

Bitflyer volume surges 200% past Binance, Coinbase as oil spike sends Nikkei sliding

Bitflyer trading spiked even as Japan’s Nikkei tumbled, while Korea and Taiwan equities joined the broader Asian selloff.

bitFlyer_logo_ogp

Markets

U.S. isn’t really exposed to oil shocks and that might be helping bitcoin stay resilient

Rising oil prices are shaking global markets, but the U.S. is largely insulated and bitcoin seems to be riding the wave alongside Wall Street.

lists of market prices and percentage changest (geralt/Pixabay)

Markets

Bitcoin could face deeper downside as odds of U.S. market meltdown rise to 35%

Veteran strategist Ed Yardeni raised his probability of a stock market crash this year as oil tops $100, the dollar posts its best week in a year, and the Iran conflict expands to Saudi Arabia.

Cryptocurrencies have stabilized for now, but analysts are mulling a further downside. (Unsplash)

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Markets

Oil futures surge 20% past $110 as war fears hammer Asian stocks, bitcoin steady near $67K

Nikkei drops more than 6%, and Kospi slides about 8% as traders price supply disruption risk, while prediction markets show strong odds of $120 crude.

(Unsplash/Getty Images)

Markets

Tokenized assets exceed $25 billion after nearly quadrupling in a year

Treasurys, private credit, and commodities are driving growth, but most tokenized assets remain isolated from DeFi markets.

(Getty Images/iStockphoto)