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 Set to Close Week Underperforming Major Japan, China Stocks

Investors in the region were more risk-averse this week amid fresh evidence of the U.S. central bank's commitment to hawkish monetary policy and an unsettled macroeconomic environment; cryptos were mixed.

Hong Kong's Exchange Square, home of the Hong Kong Exchange (See-ming Lee/Flickr)

Finance

First Mover Americas: Luna Foundation Guard Is Back Buying Bitcoin, Fed Minutes on Deck

The latest moves in crypto markets in context for April 6, 2022.

(Lance Nelson/Getty images)

Markets

Metaverse Majors Struggle as User Base Falls Short of Market Expectations

Decentraland, Axie Infinity and The Sandbox have larger valuations and fewer active users than non-blockchain games.

(AxieInfinity.com)

Markets

First Mover Asia: Singapore Wants More Control Over Crypto Companies That Call It Home but Aren’t There; Major Cryptos Drop

Many crypto companies, especially those with roots in Asia, choose to register their companies in Singapore, but the city-state has grown uncomfortable with the scale of this arrangement; bitcoin and ether fall.

Singapore skyline (Unsplash)

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Markets

First Mover Asia: Crypto Offering New Opportunities for Inflation-Worried Indonesian Investors; Bitcoin Is Flat

A report by the crypto exchange Gemini found that about two in five Indonesians own cryptocurrencies; ether also held its ground.

Jakarta, Indonesia

Markets

First Mover Asia: DBS Bank's Ditching Retail Exchange Delivers a Small Blow to OSL, Less so to Singapore's Crypto Industry; Bitcoin Rises Late Sunday

Even after the news broke, the stock of OSL's parent, BC Technology Group, continued its week-long winning streak on the Hong Kong markets, rising 5%; bitcoin and ether are up.

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Markets

Bitcoin Ends Q1 Closely Following S&P 500

Data from TradingView shows a correlation between bitcoin and the S&P 500 as bitcoin drops below $45,000.

Bitcoin vs. S&P 500 TradingView)

Markets

First Mover Asia: India Continues Its Restrictive Approach to Crypto; Bitcoin, Ether Run in Place

The Indian tax authority's recent revision of what was seized in taxes and penalties from crypto exchanges reflects the government's harsh stance toward digital assets; Solana has a banner day.

India Parliament building (Unsplash)

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Finance

Money Market Platform Burrow Raises $5M to Launch on NEAR

Burrow is a non-custodial liquidity pool platform similar to Aave and Compound.

Hyperliquid faces community pushback against Stripe-linked stablecoin proposal. (Getty Images/iStockphoto)

Markets

First Mover Asia: BC Technology Group’s Crypto Platform Made Big Gains in 2021. So Why Are Investors Unimpressed?

OSL, which accounts for most of the Hong Kong company’s business, rose 63% in 2021, but the stock price has lagged bitcoin and other assets; bitcoin and ether tread water.

Hong Kong.