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

Hyperliquid Trader Qwatio Loses $3.7M This Week on Extreme Bitcoin, Ether Shorts

Qwatio currently has a BTC short position with 40X leverage, and a 25x leveraged short on ETH.

A bear cools itself, lying on its back in shallow water. (Unsplash, mana5280)

Policy

Elon Musk Says America Party Will Embrace BTC as 'Fiat Is Hopeless'

The America Party formed out of a rift between Musk and President Trump over the 'Big Beautiful Bill'

Elon Musk (Daniel Oberhaus/Flickr)

Markets

Asia Morning Briefing: Michael Saylor's BTC Buys Aren't Making Up for Slowing Spot Demand, Say Analysts

Institutional bitcoin purchases are failing to offset a decline in spot market demand, raising concerns about BTC's near-term price momentum.

Strategy Executive Chairman Michael Saylor standing. (Nikhilesh De/CoinDesk))

Markets

Asia Morning Briefing: SOL up 4% as Analysts Say Staking ETF (SSK) Has Strong Launch

The REX-Osprey Solana + Staking ETF (SSK) does better than the average ETF launch on the first day of trading, Bloomberg's Eric Balchunas said in a post on X.

A Solana booth at ethDenver (Danny Nelson)

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Markets

OpenAI Warns That Tokenized Equity Sale on Robinhood Is Unauthorized

"Any transfer of OpenAI equity requires our approval — we did not approve any transfer,” the company said in a statement.

OpenAI's Sam Altman, who has proposed Universal Basic Compute as a fix for automation-driven global equality. (Village Global/Flickr)

Policy

DOJ’s $225M Seizure Puts Human Cost of Crypto Scams in Focus, Former Acting U.S. Attorney Says

In an interview with CoinDesk, Former Acting U.S. Attorney Phil Selden says the DOJ’s record-setting $225 million crypto seizure reflects a new approach to protecting fraud victims.

U.S. Attorney General William Barr

Markets

Asia Morning Briefing: Leverage Meets Patience as Bitcoin Builds Toward a Breakout

PLUS: Another publicly listed tech company is building out a bitcoin treasury.

(Traxer/Unsplash)

Markets

Asia Morning Briefing: Are Distributed Compute Tokens Undervalued Vs CoreWeave?

Unlike GameFi’s inflated hype, Distributed Compute Tokens offer real utility serving AI, storage and GPU markets but remain modestly valued despite rising global demand.

Data center (Taylor Vick/Unsplash)

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Markets

Asia Morning Briefing: ETH Bulls Eye $3K as Validator Backbone Upgrade Rolls In

With ETH's bulls eyeing a breakout to $3K, Obol’s Head of Marketing & Ecosystem says that distributed validators are now critical infrastructure as Wall Street takes interest.

Ethereum blockchain symbol abstract crystal

Markets

Core Scientific Could Top $30 on CoreWeave Buyout Deal: Cantor Fitzgerald

A new Cantor Fitzgerald report argues that bitcoin miner Core Scientific is worth far more than the markets believe thanks to its strategic role in powering AI.

(Kanchara/Unsplash)