Latest from Sam Reynolds
Asia Morning Briefing: BTC Steadies as Polymarket Traders Lean Toward December Rate Cut
Rising odds of a Fed pivot helped calm crypto markets, while QCP and Glassnode point to a reset in leverage, fading sell pressure, and early signs of a bottoming structure as traders hedge both downside and late-year upside.
Thai Crypto Exchange Bitkub Weighs Hong Kong IPO: Report
Thailand-based Bitkub is considering an IPO in Hong Kong to raise approximately $200 million.
DOGE Beats the Blue Chips as D.O.G.E Calls It Quits
DOGE – the memecoin – edged past the CoinDesk 20 and the CoinDesk memecoin index as the White House announced Elon Musk's government efficiency initiative is to shutter.
Bitcoin ETFs, Led by BlackRock's IBIT, See Record $40B Trading Volume as Institutions Capitulate
The U.S.-listed spot bitcoin ETFs saw a record $40 billion in trading volume last week, with IBIT leading the way.
Japanese Bitcoin Treasury Firms Keep Beating BTC. Tax Policy Makes Outperforming U.S. Peers the Easy Part
While U.S.-listed bitcoin treasury firms struggle to outperform ETFs, Japan’s harsh crypto tax code sends investors into DAT stocks, making outperformance easy.
Yen Slump Is Bullish for BTC and Risk Assets. Or Is It?
Historically, yen weakness has been linked to risk-on sentiment. However, this narrative now appears challenged against the backdrop of Japan’s mounting fiscal strains.
BTC Falls Toward Mid-$80Ks as Market Structure Weakens Into Year-End
FlowDesk flags sustained sell pressure from old wallets, QCP notes a sudden hawkish Fed repricing, and Deribit data shows downside positioning now dominating.
Asia Morning Briefing: ZEC's Rally Outpaces What Transparent Onchain Data Can Explain
Monero's network activity reflects the real-world demand for privacy coins, but Zcash’s spike looks more like a high-beta market trade that is no longer tied to network activity.
BlackRock Takes First Step Toward a Staked Ether ETF
A new Delaware filing for the iShares Staked Ethereum Trust signals BlackRock’s intent to enter the yield-bearing ether market as issuers wait for SEC clarity on staking.
Privacy-Focused Aztec Network's Ignition Chain Lights Up on Ethereum
Aztec Network launched its Ignition Chain, becoming the first fully decentralized Layer 2 protocol on Ethereum's mainnet.
