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

Investors yank $171 million from bitcoin ETFs in largest single-day outflow in three weeks

ETFs show institutional demand for bitcoin is cooling after a strong start to the month.

A sheet of water cascades to break into white foam

Markets

Bitcoin macro risks spike as Ukraine messes with Trump's plan to stabilize oil markets

Ukraine’s disruption of Russian oil flows has added fresh uncertainty to already strained energy markets, complicating inflation outlooks and keeping pressure on risk assets including bitcoin.

Oil tanker at sea. (Gerhard Traschütz/Pixabay)

Markets

Tether hires KPMG for USDT audit, brings in PwC as it gears up for U.S. expansion

FT identifies KPMG as auditor as stablecoin giant eyes fundraising and expansion under new U.S. rules

Tether CEO Paolo Ardoino at White House

Markets

Bitcoin DAT trade is concentrating in Michael Saylor’s Strategy as treasury demand fades elsewhere

Strategy accounted for nearly all recent BTC digital-asset treasury purchases, with other firms’ share dropping from 95% to about 2%, CryptoQuant data show.

Strategy Executive Chairman Michael Saylor standing. (Nikhilesh De/CoinDesk))

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Markets

There's a huge $14 billion bitcoin options expiry this Friday and it points to $75,000 as price magnet

Bitcoin options worth billions of dollars will expire on Deribit this Friday at 8:00 UTC.

Bitcoin hero image

Markets

Crypto giant debuts oil trading, but it's a different model to Hyperliquid's perps

Leading crypto market maker Wintermute debuts WTI crude oil CFDs – an OTC derivative that lets traders speculate on oil prices 24/7.

BTC and ETH ETFs bleed money. (stevepb/Pixabay)

Markets

Retail traders fare worse on prediction markets than sportsbooks

A new report from Citizens JMP says median losses are deeper on prediction platforms as retail traders face sharper, better-capitalized counterparties

gambling

Markets

Cardano price indicator that once preceded a 300% rally is back

Two historically contrarian indicators are flashing simultaneously for ADA, with average holders deeply underwater and derivatives traders piling into the most aggressive short positioning in nearly three years.

Arrow pointing upwards. PublicDomainPictures/Pixabay)

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Policy

Prosecutors flag mail discrepancies in Sam Bankman-Fried’s retrial motion letter from prison

A letter attributed to the jailed FTX founder was shipped via FedEx and misidentified his prison, prompting prosecutors to question its authenticity

Despite claims by right-wing political figures, Sam Bankman-Fried was definitely not a free man when he (right) exited a Manhattan courtroom on July 26, 2023. (Nikhilesh De/CoinDesk)

Markets

Bitcoin holds $68,300 as gold crashes for a ninth day and Asian stocks drop

The Iran conflict's fourth week is breaking the traditional safe-haven playbook, with gold down to $4,360 and equities falling for a third consecutive session.

Gold outperforms bitcoin