Latest from Sam Reynolds
Analysis: Coinbase's Armstrong Made Prediction Markets Look 'Fun.' Bill Ackman Made Them Look Real
A Coinbase CEO prank resolved one market with a single sentence. Ackman’s warning about “rigged odds” in a $22 million Polymarket election shows the opposite: it now takes institutional-scale money to move prices even 10%.
Asia Morning Briefing: Bitcoin Trades at $109K as U.S. ETF Demand Fades and Powell’s Hawkish Tone Hits Risk Assets
CryptoQuant data shows U.S. spot ETF flows turning negative while Glassnode flags heavy long-term holder selling. Solana’s new spot ETFs drew inflows but failed to lift prices as sentiment weakened after large on-chain transfers.
Analysis: Prediction Market Bettors Miscalculated Dutch Election Results
Both Polymarket and Kalshi traders ignored late polls showing D66 gaining ground, keeping Geert Wilders’ PVV priced as a sure thing until exit polls forced a repricing that erased millions in misplaced bets.
This Bitcoin Market Dynamic Commands Attention as Prices Surge Past $110K Ahead of $13B Options Expiry
Key market dynamic points to potential for heightened market volatility ahead of Friday's options expiry.
Asia Morning Briefing: What's the Real Use for a Yen Stablecoin? An Onchain Carry Trade
Unlike most Asian currencies, the yen moves freely across borders, making it the perfect vehicle for an on-chain carry trade that blends Japan’s easy money with DeFi’s appetite for yield.
DBS, Goldman Sachs Execute First Over-the-Counter Interbank Crypto Options Trade
DBS said the deal involved trading cash-settled OTC bitcoin and ether options.
World Liberty Financial to Airdrop 8.4M WLFI Tokens to Early USD1 Users
The Trump-backed stablecoin project is rewarding early adopters through its USD1 points program, distributing tokens across six exchanges as it expands into DeFi and real-world asset integrations.
XRP and SOL Futures Open Interest on CME Hits Record High
Record XRP and Solana futures activity pushed open interest on the derivatives giant’s platform to roughly $3 billion, signaling renewed retail and institutional appetite for altcoin exposure.
Recent Bitcoin Crash Has Put $1B in sUSDe Loop Trades at Risk, Research Firm Says
looped positions that rely on borrowing stables to buy sUSDe are at risk, Sentora Research said.
Asia Morning Briefing: Bitcoin Holds Ground as Traders Sit on Stablecoins Before Fed Decision
The market is confident that the Fed will cut rates. But crypto traders are still waiting for confirmation.
