Sebastian Sinclair

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.

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Galaxy Digital Reports Q2 Loss of $176M on Drop in Crypto Prices
The company's core operating services helped offset the fall in prices.
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Philippines' UnionBank Taps Hex Trust to Test Digital Assets Custody Service
The bank said it is looking to tap into the digital asset market as institutional and customer interest grows.
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Operator of South Korea's Largest Exchange Rolls Out 'Travel Rule' Solution in Singapore
The blockchain research arm of Upbit's operator has launched its VerifyVASP in Singapore, a solution for combating crypto money laundering.
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Bitcoin Showing Signs of 'Short-Term Fatigue' Near $50K Ahead of Possible Continuation
Low levels of daily trading volume persist as bitcoin struggles to edge higher while short positions build.
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LINE's Crypto Exchange to Cease Activity in South Korea Ahead of Regulatory Deadline: Report
The development shows potential for many foreign exchanges to pull or limit services within the country ahead of tougher regulations.
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Biden Administration to Pick Acting Chairman Rostin Behnam to Head CFTC: Report
The regulator is charged with overseeing derivatives market activity, including cryptocurrency derivatives.
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Bitcoin Back Above $46K on Low Daily Volume as Altcoins Outperform
Seasoned investors, according to some, are increasingly active with data hinting at a strong uptake in altcoins, beginning Aug. 9.
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DBS Vickers Gets Greenlight From Singapore Regulator to Provide Crypto Services
DBSV said it is one of the first few among financial institutions to receive such approval from the Monetary Authority of Singapore.
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Bitcoin Shows Signs of Exhaustion as Rally 'Falters' Before Next Leg Up: Sources
"Markets need to digest some overbought levels before attempting $50,000-$55,000 resistance," Zerocap's Chapple said.
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Samsung Plans to Test Mobile Phone Functionality With South Korea's CBDC Pilot
The electronics giants will look at whether transactions can be completed without internet availability.
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