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

The Crypto Liquidation Crisis Highlighted OTC Desks as Crucial Shock Absorbers, Finery Markets Says

The localized crisis on Binance could have spread had it not been for OTC desks acting as shock absorbers, Finery Markets said.

Computer monitors and a laptop screen show trading charts on a desk overlooking an expanse of water at sunset. (sergeitokmakov/Pixabay)

Markets

Asia Morning Briefing: Structural Demand Anchors Bitcoin After Record $20B Liquidation

A record deleveraging erased speculative positions but not conviction, as both Glassnode and CryptoQuant highlight steady whale accumulation, rising USDT supply, and persistent ETF inflows.

Bitcoin Logo (CoinDesk)

Markets

Bitcoin Slips Under $112K, ETH, DOGE Drop 6% as China Hits Back on U.S. Tariffs

Total liquidations hit $630 million, with long positions making up two-thirds of the wipeout, according to CoinGlass.

(Shutterstock)

Finance

Societe Generale-FORGE and Bitpanda Expand Partnership to Bring Regulated Stablecoins to DeFi

The move makes SG-FORGE’s euro and dollar stablecoins available to retail users across Europe through Bitpanda’s DeFi wallet

SocGen sign outside an office building

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Markets

Bullish Bitcoin Traders Eye Chart Patterns From 2020 and 2024 After Weekend’s $20B Liquidations

Similar washouts in 2020, 2021, and 2024 reset leverage and paved the way for recoveries in the weeks that followed, giving similar hopes to some market participants.

Bulls

Markets

Asia Morning Briefing: China Renaissance’s BNB Treasury Highlights a Shift in Asia’s Crypto Playbook

Enflux says the $600 million plan reflects a new wave of Asian capital favoring infrastructure tokens that power transaction flow over store-of-value assets.

Stylized BNB token logo (Midjourney/Modified by CoinDesk)

Finance

Hyperliquid’s HIP-3 Upgrade to Unlock Permissionless Perp Market Creation

The upgrade marks a major step toward decentralizing Hyperliquid’s derivatives infrastructure, giving builders the ability to launch perpetual futures markets directly onchain.

Privacy (Shutterstock, modified by CoinDesk)

Markets

Synthetix Soars 120% as Derivatives Hype Reignites DeFi’s 'Dino Coin'

The DeFi veteran’s 120% surge comes ahead of a new perpetuals DEX launch and a high-profile trading competition that could reignite interest in legacy protocols.

SNX/USD (TradingView)

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Markets

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.

(Luis Villasmil/Unsplash)

Markets

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.

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