Sebastian Sinclair

Sebastian Sinclair is the market and news reporter for CoinDesk operating in the South East Asia timezone. He has experience trading in the cryptocurrency markets, providing technical analysis and covering news developments affecting the movements on bitcoin and the industry as a whole. He currently holds no cryptocurrencies.

Sebastian Sinclair

Latest from Sebastian Sinclair


Markets

Bitmain Stops Sales of Mining Machines in Bid to Buoy Prices Facing China's Crackdown

Delaying further sales could be seen as a way for Bitmain to shield both itself and its clients from falling prices of mining rigs.

A crypto mining farm.

Markets

NYC Mayoral Front Runner Eric Adams Says City Will Become 'Center of Bitcoins'

"We're going to become the center of life science, the center of cybersecurity ... the center of bitcoins," said Adams.

New York City mayoral candidate Eric Adams

Markets

NFT Site Rarible to Launch Marketplace on Flow Blockchain Following $14.2M Funding Round

“Rarible is determined to pioneer the next wave,” said CEO Alexei Falin.

Rarible staffers pose for a photo.

Markets

BIS Says Bitcoin Has Few Redeeming Attributes

Cryptocurrencies are "speculative assets rather than money" used in many cases to facilitate financial crime, the central bank organization said.

BIS headquarters in Basil, Switzerland.

Advertisement

Markets

ASIC Maker Canaan Diversifies Into Bitcoin Mining in Kazakhstan

Canaan has begun deploying its latest Avalon Miner units. The firm will also be attempting to expand its business scope and customer base.

Bitcoin mining equipment

Markets

Goldman Sachs Taps JPMorgan's Private Blockchain for Repo Trade: Report

“We firmly think this will change the nature of the intraday marketplace,” said Mathew McDermott, head of digital assets for Goldman.

JPM, JPMorgan

Markets

Deputy of El Salvador's Opposition Party Sues Country Over Bitcoin Law

One plaintiff says El Salvador's president failed to consider the law's harmful effects.

El Salvador President Nayib Bukele


Advertisement

Markets

Crypto Class Action Against Rapper TI Dismissed in US Appellate Court

Three judges from the Court of Appeals for the 11th Circuit have upheld a lower court decision to dismiss a case against the rapper.

Rapper T.I.

Markets

Prices of GPUs Fall, Supply Increases as China Cracks Down on Crypto Mining

Computer hardware sites are beginning to see GPU stocks come back to pre-pandemic levels while prices have dropped 5%-10%.

Mining farm