Sam Reynolds

Sam Reynolds is a senior reporter based in Taipei. 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.

Recent

Screenshot of livestreamed watch party hosted by Tone Vays (YouTube)

Technology

Bitcoin halving

The Bitcoin Halving Is Here, and With It a Giant Surge in Transaction Fees

The launch of Casey Rodarmor's new Runes protocol sent fees surging as users rushed to etch new digital tokens that can be launched atop the Bitcoin blockchain.

By Jamie Crawley Sam Reynolds

Apr 20, 2024 at 12:16 a.m. UTC

Apr 20, 2024

Bitcoin HalvingBitcoinMiningHalving

Markets

Btc

Bitcoin Back Above $62K as Crypto Market Calms After Reports of Limited Damage From Israeli Attack

Iran's first strike on Israel pushed down crypto and risk assets, while leading to a spike in gold.

By Sam Reynolds

Apr 19, 2024 at 2:49 a.m. UTC

Apr 19, 2024

btcBitcoinIran

Policy

Binance

Binance Secures Full Virtual-Asset Services Provider License in Dubai

The fourth and final stage of approval comes almost a year after the crypto exchange secured a third-stage license.

By Sam Reynolds

Apr 18, 2024 at 9:18 a.m. UTC

Apr 18, 2024

BinanceDubaiVaraRichard tengPolicyLicensingRegulation

Markets

Bitcoin dominance

Bitcoin Dominance Increases as Halving Nears and BTC Price Lingers Near $61K

BTC dominance is creeping upwards as Layer-1s and Artificial Intelligence tokens had a rough week, while Google search interest in the halving skyrockets.

By Sam Reynolds

Apr 18, 2024 at 6:14 a.m. UTC

Apr 18, 2024

bitcoin dominanceBitcoinaltcoinHalving

Executives from QCP and Further Ventures (QCP)

Policy

Qcp capital

QCP and Further Ventures Announce Partnership for Middle East Crypto Expansion

Both companies plan to develop new institutional digital offerings, while QCP is set to open an Abu Dhabi shop.

By Sam Reynolds

Apr 17, 2024 at 5:00 p.m. UTC

Apr 17, 2024

QCP CapitalAbu DhabiAbu Dhabi Global Market

Investors in mainland China won’t likely be eligible to buy into the newly approved Hong Kong-listed spot bitcoin ETFs. (Ruslan Bardash / Unsplash)

Markets

Hong Kong Bitcoin ETFs Likely Not Available for Mainland Chinese Investors: Bloomberg

Analyst expectations of as much as $25 billion in fresh demand may have to be tempered.

By Helene Braun Sam Reynolds

Apr 17, 2024 at 3:47 p.m. UTC

Apr 17, 2024

Finance

Dubai

Zignaly Announces Cosmos-Based ZIGChain, $100M Ecosystem Fund

ZIGChain's ecosystem fund is backed by DWF Labs.

By Sam Reynolds

Apr 17, 2024 at 3:00 p.m. UTC

Apr 17, 2024

DubaiLicensesTOKEN 2049CosmosBlockchainslayer 1

The Ether Trend Indicator. (CoinDesk Indices)

Markets

Ether Prices in Downtrend as Bitcoin Challenges $64K

Some other catalyst needs to happen before bullish sentiment returns, says one trader.

By Sam Reynolds

Apr 17, 2024 at 4:37 a.m. UTC

Apr 17, 2024

Markets

Btc

Bitcoin Dips Below $62.5K as CoinDesk's BTC Trend Indicator Turns Neutral

CoinDesk Indices' Bitcoin Trend Indicator has been indicating a strong uptrend since last fall.

By Sam Reynolds

Apr 16, 2024 at 5:15 a.m. UTC

Apr 16, 2024

btcBitcoinEtherEthereum

Taiwanese currency (Photo: sharyn morrow).

Markets

Analysis

Free Money? Polymarket Bet Pays 8.7% if China Doesn't Invade Taiwan

Betting against an invasion on the prediction market may yield almost 7x as much as Taiwan government bonds. Plus: Mideast turmoil barely changes U.S. presidential odds.

By Sam Reynolds

Apr 15, 2024 at 1:44 p.m. UTC

Apr 15, 2024

AnalysisPrediction MarketsChina