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

Asia Morning Briefing: Animoca Exec Says U.S. Heat Is Pushing China's Stablecoin Agenda

Beijing once warned of stablecoin risks. Now it’s turning to them to help stem the growth of U.S. dollar-pegged tokens in Asia.

Evan Auyang, president of Animoca Brands, speaks in an interview at the company's new Web3 workspace in Hong Kong (Chris Lam/CoinDesk)

Markets

Asia Morning Briefing: The First AI vs BTC Environmental Impact Numbers are Here. And it Might Start a New Debate

Bitcoin’s environmental footprint dwarfs that of large language models across every metric, from CO₂ emissions to water use to mineral depletion. But comparisons need context.

btc mining

Finance

Crypto Prediction Market Polymarket Weighs Launching Its Own Stablecoin: Source

Polymarket would create its own stablecoin to own the yield-generating USD reserves that back the amount of Circle’s dollar-pegged token, USDC, a source said.

Shayne Coplan, CEO, Polymarket, speaks at Consensus 2024. (Shutterstock/CoinDesk).

Markets

Cathie Wood’s ARK Loads Up on Ether Treasury Bet Bitmine Immersion

ARK Invest deepens its ether exposure, buying 4.4 million shares of Tom Lee- and Peter Thiel-backed Bitmine Immersion Technologies, while trimming its holdings in Coinbase, among others.

Cathie Wood, CEO of ARK Invest, at Consensus 2024. (Suzanne Cordiero)

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Markets

Bittensor Infrastructure Firm xTAO to Debut on Canada's TSX Venture Exchange

The listing follows TAO Synergies', another listed company's, recent $10M purchase of the TAO token.

AI agent tokens has garnered significant mindshare among crypto traders, growing into a multibillion dollar asset class. (Getty Images/Unsplash)

Markets

Asia Morning Briefing: U.S. BTC ETF Inflows Dwarf Hong Kong's as Local Investors Stick With Stocks

Hong Kong crypto ETFs saw just $14.1 million in inflows last week while the U.S. brought in $4.36 billion. However, Hong Kong issuers may be waiting for a door to open to mainland China.

Hong Kong's skyline (Chris Lam/CoinDesk)

Markets

Asia Morning Briefing: Miners and Whales Dumping BTC Amid Rally May Signal 'Local Top'

BTC’s rally to all-time highs triggered the largest miner sell-off since April, with 16K BTC moved to exchanges.

(André François McKenzie/Unsplash)

Markets

Crypto Market Cap Crosses $4T After XRP, ETH Rally

Achievement comes as the CoinDesk 20 crosses all-time high.

Exuberance. (Creative Commons)

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Markets

Asia Morning Briefing: The Altcoin Season Ramps Up as BTC Rotation Begins

Analysts at market maker Enflux see the altcoin market heating up as traders take profit from BTC and rotate into ETH.

Statue of a bull (ianproc64/Pixabay)