Krisztian Sandor

Krisztian Sandor is a U.S. markets reporter focusing on stablecoins, tokenization, real-world assets. He graduated from New York University's business and economic reporting program before joining CoinDesk. He holds BTC, SOL and ETH.

Krisztian Sandor

Latest from Krisztian Sandor


Markets

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.

Ethereum (Unsplash)

Markets

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.

BTC price on Sept. 21 (CoinDesk)

Finance

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.

Tether CEO Paolo Ardoino (Bitfinex)

Markets

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.

Fed Chair Jay Powell Signaled Easier Monetary Policy on Wednesday (Win McNamee/Getty Images)

Markets

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.

MKR price today (CoinDesk)

Markets

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.

ETH-BTC price chart (TradingView)

Markets

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.

CEO of Binance Changpeng Zhao at Consensus Singapore 2018 (CoinDesk)

Markets

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.

(Yuichiro Chino / Getty Images)

Markets

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 slides back below $27K (CoinDesk)

Markets

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.

Bitcoin remains flat. (Sebastian Huxley/Unsplash)