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

There's a huge $14 billion bitcoin options expiry this Friday and it points to $75,000 as price magnet

Bitcoin options worth billions of dollars will expire on Deribit this Friday at 8:00 UTC.

Bitcoin hero image

Markets

Crypto giant debuts oil trading, but it's a different model to Hyperliquid's perps

Leading crypto market maker Wintermute debuts WTI crude oil CFDs – an OTC derivative that lets traders speculate on oil prices 24/7.

BTC and ETH ETFs bleed money. (stevepb/Pixabay)

Markets

Retail traders fare worse on prediction markets than sportsbooks

A new report from Citizens JMP says median losses are deeper on prediction platforms as retail traders face sharper, better-capitalized counterparties

gambling

Markets

Cardano price indicator that once preceded a 300% rally is back

Two historically contrarian indicators are flashing simultaneously for ADA, with average holders deeply underwater and derivatives traders piling into the most aggressive short positioning in nearly three years.

Arrow pointing upwards. PublicDomainPictures/Pixabay)

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Policy

Prosecutors flag mail discrepancies in Sam Bankman-Fried’s retrial motion letter from prison

A letter attributed to the jailed FTX founder was shipped via FedEx and misidentified his prison, prompting prosecutors to question its authenticity

Despite claims by right-wing political figures, Sam Bankman-Fried was definitely not a free man when he (right) exited a Manhattan courtroom on July 26, 2023. (Nikhilesh De/CoinDesk)

Markets

Bitcoin holds $68,300 as gold crashes for a ninth day and Asian stocks drop

The Iran conflict's fourth week is breaking the traditional safe-haven playbook, with gold down to $4,360 and equities falling for a third consecutive session.

Gold outperforms bitcoin

Markets

Sam Bankman-Fried’s parents tell CNN no customer money was lost. FTX creditors see it differently.

FTX payouts tied to 2022 prices leave creditors short as parents press case for pardon on CNN's Smerconish.

FTX founder Sam Bankman-Fried  (Michael M. Santiago/Getty Images)

Markets

South Korea crypto liquidity tumbles as stablecoin balances plunge 55% and stock buying rises

On-chain data shows a sharp drawdown in dollar-linked token holdings since July, with the latest wave triggered by won weakness.

A scattering of 50,000 South Korean-won notes

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Markets

'Gensler and Biden were just better for crypto,' says Tally CEO as DAO governance platform shuts down

End of DAOs? Firm behind Uniswap and Arbitrum governance says easing regulation made decentralization optional

CoinDesk

Markets

Pi rallies more than 30% after Kraken announces listing

Bybit previously declined to list the mobile crypto mining platform, with CEO Ben Zhou citing warnings from Chinese police that the project is a scam.

Kraken on phone (PiggyBank/ Unsplash)