Latest from Sam Reynolds
No, Ethena's USDe Didn't De-peg
The supposed de-pegging was only limited to Binance while deviations were much more restrained on other major liquid avenues like Curve.
BTC Mining Firm Marathon (MARA) Scoops Up 400 BTC After Price Crash, On-Chain Data Show
Arkham data shows bitcoin miner Marathon bought 400 BTC through its custodian Anchorage Digital as prices plunged, with fresh FalconX inflows hinting at continued institutional accumulation.
Asia Morning Briefing: Ethereum Leads Recovery After $20B Liquidation Shock
ETH’s rebound is outpacing BTC's as markets stabilize, with high-beta plays like Solana and Bittensor joining the bounce. One working theory suggests Friday’s meltdown wasn’t about stablecoin fragility — it was a structural failure on Binance.
‘Largest Ever’ Crypto Liquidation Event Wipes Out 6,300 Wallets on Hyperliquid
The sell-off erased over $1.23 billion in trader capital on Hyperliquid and $19 billion across the crypto market in a 24 hours.
BTC, ETH, XRP, SOL Face Slow Bottoming Process After $16B Liquidation Shock
The multi-step bottoming process could be slow due to several reasons, including liquidity constraints over the weekend and slow absorption of supply.
Biggest Crypto Liquidation Ever Sees $16B Longs Decimated Amid Market Chaos
Trump’s 100% tariff warning on China ignited a global sell-off that wiped out $16 billion in leveraged crypto longs and pushed Ethena’s USDe to a rare sub-$1 print.
Will Cardano ETF be Approved by This Year Amid Government Shutdown?
With the SEC running on skeleton staff during the prolonged U.S. government shutdown, crypto ETF reviews are effectively frozen. A weeks-long pause could push Cardano’s long-awaited ETF decision past its 2025 deadline and into the new year.
Asia Morning Briefing: Polymarket’s POLY Could Bring Oracle's Home
Whale-led manipulation and disputed rulings have shaken trust in UMA’s oracle. POLY could mark Polymarket’s move to reclaim control of how truth is decided on-chain.
Bitcoin Crash Off the Table as Four-Year Cycle is Dead: Arthur Hayes
Arthur Hayes argues that Bitcoin’s traditional four-year market cycle has ended, as current shifts in global monetary policy indicate expanding fiat liquidity.
Asia Morning Briefing: Bitcoin Climbs Through the Fog as Analysts Split on What’s Driving It
Trading near $123,000, Bitcoin’s rise has become a mirror for the market’s uncertainty, part trust and part froth, with QCP calling it a “credibility hedge” while Glassnode and CryptoQuant debate whether the rally’s conviction hides complacency.
