Sam Reynolds

Sam Reynolds

Sam Reynolds is a senior reporter with CoinDesk's markets team in Asia based in Taipei. He's previously reported for Blockworks and Forkast News. Prior to a career in crypto journalism he was a technology and semiconductor analyst with IDC's research team and has appeared on BBC and Bloomberg. He holds a small amount of BTC and ETH.

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Bitcoin week-long price chart (CoinDesk)
First Mover Asia: Why Did Bitcoin's Price Hold Above $27K Over the Weekend? Two Analysts Expect Continued Resilience
ALSO: The bitcoin options put/call ratio across exchanges has sunk to 0.47, suggesting that fewer investors are seeking downside protection against price declines than they had prior to the passage of a bill to raise the U.S. debt ceiling.
Bitcoin week-long price chart (CoinDesk)
(CoinDesk Indexes)
First Mover Asia: Bitcoin Has Reached 'a General Accumulation Phase': Analyst
ALSO: BTC-20 tokens are pushing toward a $500 million market cap, and data from Glassnode shows that they have been a boon for miners.
(CoinDesk Indexes)
CDCROP: Sunrise over Victoria Harbor in Hong Kong cityscape (Unsplash)
First Digital Unveils USD Stablecoin as Hong Kong Crypto Rules Kick In
The stablecoin is issued by a registered trust owned by First Digital.
CDCROP: Sunrise over Victoria Harbor in Hong Kong cityscape (Unsplash)
Ether burning (Shutterstock_235501888)
First Mover Asia: Nearly $275 Million in Ether Burnt This Month as It Continues Deflationary Trend
Also: Bitcoin and volatility have a tricky relationship.
Ether burning (Shutterstock_235501888)
Sam Bankman-Fried leaving court on February 16, 2023 (Liz Napolitano/CoinDesk)
U.S. Criminal Charges Against Sam Bankman-Fried Don’t Warrant Dismissal, Prosecutors Say
Lawyers for the disgraced FTX executive filed pre-trial motions in early May to dismiss most of the charges on technicalities or procedural issues.
Sam Bankman-Fried leaving court on February 16, 2023 (Liz Napolitano/CoinDesk)
White House (Nikhilesh De/CoinDesk)
First Mover Asia: Does Crypto’s Success Depend on the Upcoming Presidential Election?
ALSO: The Commitment of Traders report shows that asset managers have increased their open long positions in bitcoin after falling in the two prior weeks.
White House (Nikhilesh De/CoinDesk)
CDCROP: Singapore cityscape (Shutterstock)
Singapore's Temasek to Exercise Caution in Crypto Space After FTX Nightmare
Temasek wrote down the entirety of its investment in FTX in November.
CDCROP: Singapore cityscape (Shutterstock)
China flag Great Wall of China (Pixabay)
First Mover Asia: Bitcoin Rises Past $28K on Debt Ceiling Deal
ALSO: A Chinese governmental agency released a paper over the weekend that outlined suggestions for China's Web3 policy, but it didn't broach must new ground. Still, the paper represented progress for a country that is keen to write the next generation of technology standards
China flag Great Wall of China (Pixabay)
(Dall-E/CoinDesk)
El saldo de ether en los exchanges se acerca a su mínimo histórico
La caída se da en un momento en que el ether en stake aumentó.
(Dall-E/CoinDesk)
Ethereum (ethereum.org)
Ether Balance on Exchanges Nears All-Time Low
The drop comes as the number of staked ether has surged.
Ethereum (ethereum.org)