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Latest from Krisztian Sandor
Ether Turns Inflationary as Network Revenue Plunges to 9-Month Low
The decline in activity in the network is partly because of the adoption of layer 2 networks, and the trend will continue in the near term, according to IntoTheBlock.

Bitcoin Slides to $26.5K Amid Surging U.S. Dollar; Record-High Rates Are ‘Nightmare’ for Crypto Firms
The 10-year Treasury rate surging to a 16-year high and equity markets selling off could push BTC lower, one trading firm said.

Stablecoin Issuer Tether Ventures Into AI With Northern Data in $427M Nvidia Chip Splurge
Damoon, a Tether subsidiary in which Northern Group acquired a stake earlier this year, has purchased $427 million of Nvidia chips for generative AI cloud computing.

Bitcoin Tumbles to $26.9K on Hawkish Remarks by Federal Reserve's Powell
The Wednesday pause in rate hikes had been overwhelmingly expected by market participants, but Fed members now see much higher interest rates for next year than previously projected.

MakerDAO’s MKR Nears 16-Month High as Whales Accumulate, Crypto Hedge Fund Sets Bullish Price Target
Crypto hedge fund Ouroboros Capital says the token could test the $1,600 price level as protocol profits grow.

Ether Drops to 14-Month Low Against Bitcoin as Vitalik Buterin, Whales Send $60M ETH to Exchanges
The recent decline in the ETH/BTC ratio continues a trend that began more than a year ago.

Binance’s Bitcoin Trading Volume Plunges 57% as Regulatory Pressure Mounts
Coinbase may be a beneficiary, with volumes at that exchange higher by 9% this month.

Bitcoin’s Crypto Market Dominance Rises to 50% and It Could Go Higher, Say Analysts
Hopes for a spot bitcoin ETF and the latest regulatory actions could prove to be further catalysts.

Bitcoin Gives Up $27K in Sharp Tumble as Crypto Liquidations Top $100M
The price earlier on Monday had risen to above $27,400, its highest level since late August.

Bitcoin at $26.4K Set for Weekly Gain, but Rallies Might Continue to be Sold
The world's largest crypto has bounced from a 3-month low below $25,000 hit on Monday.
