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


Policy

India pushes e-rupee through welfare pilots as BRICS digital currency plan takes shape

Farmers and food programs anchor 10 pilots aimed at boosting usage, while New Delhi eyes BRICS CBDC link ahead of 2026 summit

Indian flag (Naveed Ahmed/Unsplash)

Markets

Bitcoin-holder Metaplanet raises $50 million to buy more BTC

Metaplanet has issued 8 billion yen, or about $50 million, in zero-interest bonds to fund additional bitcoin purchases.

Japan flag in front of a building (Roméo A./Unsplash)

Markets

Morgan Stanley is positioning itself as the reserve manager for the stablecoin industry

The Wall Street giant has announced a fund build specifically for stablecoin issuers. Here is what it does and means for the market.

Morgan Stanley (Shutterstock)

Markets

Bitcoin ETFs just pulled in $2 billion in 8 days while short-term holders quietly started selling

Spot bitcoin ETFs logged their first 8-day inflow streak since October, but on-chain profit-taking is already running at 3x the rate that has marked every local top this year.

ETFs (Markus Winkler/Pixabay, modified by CoinDesk)

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Markets

Bitcoin rally is stalling as Japanese inflation adds to Iran war–driven market jitters

Crypto markets weaken amid rising Japan inflation, Iran war oil disruptions, and expectations of a hawkish Bank of Japan.

Trading screen

Policy

Wisconsin joins prediction market fight, suing Kalshi, Coinbase, Polymarket, Robinhood and Crypto.com

The state's complaint highlights language used by prediction market platforms as language for gambling, not investing.

CoinDesk

Markets

More than 90% of Web3 games failed after $15 billion boom as gamers never showed up: Caladan

Gaming took 63% of all Web3 venture funding in 2022, but by 2025 its share had fallen to single digits as capital rotated into AI, real-world assets and layer-2 infrastructure.

A shuttered bank in the ghost town of Rockerville, South Dakota, near Mount Rushmore. (Peter Unger/Getty Images)

Markets

Bitcoin's bull score index just left bear territory. There's a warning attached.

The index has returned to neutral territory, a rare milestone that has historically marked market turning points, but not always correctly.

Stylized bull-bear faceoff

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Finance

FTX sold its Cursor stake for $200,000 in 2023. It would be worth $3 billion today

SpaceX's agreement to acquire AI coding startup Cursor at a $60 billion valuation has retroactively turned a routine bankruptcy asset sale by FTX's estate into one of the largest missed recoveries in crypto history.

FTX founder Sam Bankman-Fried being extradited back to the United States from the Bahamas (Royal Bahamas Police Force)

Markets

World Liberty accuses Justin Sun of 'misconduct' in response to Tron founder's defamation claims

Co-founder Eric Trump went further, saying the only thing more 'ridiculous' than Sun's lawsuit is a $6 million banana duct-taped to a wall.

Consensus 2025: Zak Folkman, Eric Trump