Sebastian Sinclair

Reporter

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.

Latest from Sebastian Sinclair

Policy

Nearly 2 Million Sign Up for China's Digital Yuan 'Lottery'

Around 50,000 digital "red envelopes," reminiscent of the traditional gifts doled out in China for special occasions and each containing 200 digital yuan ($29.60), were handed out Monday.

Oct 13, 2020

Markets

Canadian Pacific Railway Seeks Logistics Boost From Blockchain Tech

Canadian Pacific – in operation since 1881 – has joined blockchain-based logistics platform TradeLens.

Oct 13, 2020

Markets

First Mover: Bitcoin's Best Week Since July Shows Limited Toll of UK Retail Crypto Futures Ban

Bitcoin holds above $11K after biggest weekly gain since July, despite FCA ban on retail crypto futures trading and inventory drawdowns by miners.

Oct 12, 2020

The U.K.'s prohibition on retail trading of cryptocurrency futures looks to have limited impact and might be misconceived.

Finance

Elon Musk Plays Down Sighting of Bitcoin ATM in Tesla Gigafactory

While Elon Musk doesn't seem sure, LibertyX claims it has installed three bitcoin ATMs at the Tesla Gigafactory in Nevada.

Oct 12, 2020

Markets

First Mover: Bitcoin Hits $11K as Square Exposes $2.3T Corporate Money Pot

Square's $50M bitcoin purchase has analysts doing back-of-the-envelope math on the possibility of rising allocations from corporate treasurers.

Oct 9, 2020

S&P 500 companies have a combined $2.3 trillion in cash and short-term investments, a new money pot for bitcoin marketers.

Policy

Dutch Central Bank Gives First Approval to Digital Asset Exchange

AMDAX has become the first to register with Holland's central bank under recently implemented EU anti-money laundering regulations.

Oct 9, 2020

Markets

Ripple Enters Lending With XRP Credit Lines to Fund Global Payments

Ripple, the payments startup with an IPO in the cards and a complex relationship with the XRP cryptocurrency, is branching out into lending.

Oct 9, 2020

Markets

First Mover: Bitcoin 'Comatose' Under $16K for Rest of 2020, While Ether Traffic Eases

Bitcoin is stuck in an ever-tightening range between $10.5K and $10.8K and appears set for a breakout, though options trading suggests $16K might represent an upper bound in 2020.

Oct 8, 2020

Reduced traffic means less congestion on the Ethereum network and reduced fees.

Finance

KPMG Airs Blockchain Solution to Help Corporates Offset Carbon Emissions

"Big Four" firm KPMG says its patent-pending blockchain solution will help organizations measure, report and offset their carbon emissions.

Oct 8, 2020

Policy

Bungled Theft of Bitcoin ATM Puts Canadian Business Out of Action

The inept thieves reversed their pickup truck into the store window next door after failing to nab the crypto ATM they wanted.

Oct 8, 2020