Latest from Sam Reynolds
Bitcoin Mining Hits Toughest Level Yet While Hashprice Slides
A soaring hash rate has pushed difficulty to 150.84T, leaving miners facing shrinking profitability.

'Tokenization Is Going to Eat the Entire Financial System' Says Robinhood CEO
At Token2049 Singapore, Robinhood's Vlad Tenev likened the growing popularity of the digital asset technology to a freight train that can't be stopped.

Crypto Perp DEX Mania May Quickly Fizzle Out, BitMEX CEO Says
A competitive battle has erupted in the perpetual decentralized exchange sector, with emerging platforms like Aster and Lighter significantly challenging Hyperliquid’s former dominance.

SEC Willing to Engage With Tokenized Asset Issuers, SEC’s Hester Peirce Says
We are willing to work with people who want to tokenize, Peirce said.

Asia Morning Briefing: Capital Controls Doom Asia’s Stablecoin Dreams—Except in Hong Kong
Most currencies in the region are locked in by capital controls. Hong Kong's unique status as an autonomous part of China means its currency is available around the world.

Asia Morning Briefing: DePIN Flight Tracker Wingbits Lands Korean Air as First Major Airline Partner
Korean Air will use Swedish DePIN startup Wingbits’ encrypted flight-tracking data for research into advanced air mobility, validating the crypto-powered network’s aviation ambitions.

Asia Morning Briefing: China’s Car, America’s Currency — Why Stablecoins Keep the Dollar in the Driver’s Seat
A BYD Dolphin Mini sold for USDT in a BRICS country highlights the irony of China’s de-dollarization drive, where the yuan is sidelined to academic theories about a post-U.S. order, while crypto-dollars power real-world trade.

Asia Morning Briefing: Bittensor’s dTAO Shows a Retail Path to AI Exposure Beyond Robinhood’s SPVs
Staking into Bittensor’s subnets offers one of several emerging routes for retail investors to gain exposure to decentralized AI’s early days – which might have more upside than comparatively mature OpenAI or Nvidia.

Asia Morning Briefing: BTC Traders Brace for Fed Cuts but Massive $4.5B Liquidity Tests Loom
A 25 bps cut is priced in, but OKX’s Gracie Lin says token unlocks and liquidity shocks will test markets, and only resilient liquidity will separate winners from losers.

Asia Morning Briefing: Fragility or Back on Track? BTC Holds the Line at $115K
Competing narratives emerge as Glassnode points to profit-taking risks and weak spot demand, while QCP highlights ETF inflows and rotation into higher-beta assets.

