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.

Sebastian Sinclair

Latest from Sebastian Sinclair


Markets

Ghana's Central Bank to Pilot CBDC in September, Calls It 'Cash on Its Own': Report

While no date has been given for the launch of a digital cedi, the deputy governor said its success would determine the next steps.

The Independence Square of Accra, Ghana.

Markets

Venture Arm of Thailand's Oldest Bank Says DeFi Will Disrupt Traditional Finance

"I think traditional financial companies like us should actively explore, invest and adopt DeFi," said SCB 10X's Mukaya Tai Panich.

Bangkok

Markets

Australia-Listed Non-Bank Broker SelfWealth to Add Crypto to Its Platform

Cath Whitaker, CEO of the online broker, said the ability to buy crypto and stocks in one place will be an "Australian first."

The Sydney opera house

Markets

El Salvador Could Face 'Limitation' on Bitcoin's Use as Medium of Exchange: JPMorgan

The bank points to bitcoin's illiquid nature, volatility and U.S. dollar conversion risk as major limitations for its use as legal tender.

JPMorgan

Markets

Bitcoin Price Seesaws in Tight Range Awaiting Bullish Catalyst

The daily chart for bitcoin shows prices have been caught between $36,000 and $31,000 since at least June 21.

markus-winkler-kXjBMw_wHx8-unsplash

Markets

Indian Exchanges Unfazed by Current Crypto Bear Market: Report

Despite the downturn, exchanges say they are looking to build up their infrastructure for when the next big boom in crypto rolls around.

CoinDesk placeholder image

Markets

Survey Suggests Most Salvadorans Wary of Bitcoin as Legal Tender

The poll, which took the results from 1,233 people between July 1 and July 4, also showed 46% knew "nothing" about bitcoin.

Salvadoran President Nayib Bukele

Markets

Miami's Institute of Contemporary Art Gifted CryptoPunk NFT

As one of the earliest series of NFTs offered on the Ethereum blockchain, offers have ranged from $34,000 to $123,000.

NFTs

Markets

China's Central Bank 'Worried' Stablecoins Pose Risk to Financial System

Global stablecoins "may bring risks and challenges to the international monetary system," said PBOC's Fan Yifei.

People's Bank of China

Markets

Economic Union of 15 West African States Voices Concerns Over Crypto Volatility

Several other risks in the crypto markets were identified by the union's members including shallow liquidity and a lack of legal parameters.

Africa