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Krisztian Sandor

Krisztian Sandor

Krisztian Sandor recently graduated from NYU's business and economic reporter program as a Fulbright fellow and worked with Reuters and Forbes previously. Originally from Budapest, Hungary, he is now based in New York. He holds BTC and ETH.

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Markets
Markets
'Enormous Outflows' From Largest Bitcoin ETF May Have Triggered BTC Crash
The Canadian Purpose Bitcoin ETF lost half of its assets last Friday likely because of a huge liquidation, an Arcane Research analyst said in a note.
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By Krisztian Sandor
Jun 21, 2022 at 7:54 p.m. UTC
Jun 21, 2022
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The staked ether trading pool on Curve is quickly depleting after large holders used it as an escape route. (Flickr, modified by CoinDesk)
Markets
Ether
Biggest ‘stETH’ Pool Almost Empty, Complicating Exit for Would-Be Sellers
A trading pool that large institutional investors such as Alameda Research and Three Arrows Capital have used to dump their “stETH” tokens is now nearly drained and heavily im...
The staked ether trading pool on Curve is quickly depleting after large holders used it as an escape route. (Flickr, modified by CoinDesk)
By Krisztian Sandor
Jun 17, 2022 at 2:27 a.m. UTC
Jun 17, 2022
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Markets
Bitcoin
Market Wrap: Bottom Has Not Been Reached for Crypto, but Capitulation Is Needed
The rally in bitcoin and other major cryptocurrencies after the Fed meeting on Wednesday proved short-lived.
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By Helene BraunAndy EdstromKrisztian Sandor
Jun 16, 2022 at 8:59 p.m. UTC
Jun 16, 2022
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Federal Reserve Chair Jerome Powell at a press conference on June 15, 2022. (Source: Federal Reserve)
Markets
Bitcoin
Market Wrap: Fed Hikes Rates at Highest Level Since 1994, Bitcoin Rallies After
The cryptocurrency fell to $20,270 after the Fed's statement but rebounded shortly after.
Federal Reserve Chair Jerome Powell at a press conference on June 15, 2022. (Source: Federal Reserve)
By Helene BraunKrisztian Sandor
Jun 15, 2022 at 8:49 p.m. UTC
Jun 15, 2022
BitcoinBitcoin PriceMarketsAltcoinsMarket Wrap
Tether (USDT) saw $1.6 billion in redemptions in two days. (CoinMarketCap)
Markets
Markets
Tether Sees New Wave of Redemptions as Fear of Market Contagion Spreads
Investors pulled out some $1.6 billion this week from USDT, the largest stablecoin by market capitalization, amid growing nervousness as cryptocurrency prices keep sliding.
Tether (USDT) saw $1.6 billion in redemptions in two days. (CoinMarketCap)
By Krisztian Sandor
Jun 15, 2022 at 6:35 p.m. UTC
Jun 15, 2022
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The first cracks between the price of staked ether and ether emerged when the Terra ecosystem imploded in early May. (Unsplash)
Markets
Markets
'Staked Ether' Becomes Focus of Crypto Stress, From Celsius to Three Arrows
The price gap between the locked-up ether on Lido and spot ether jumped to record highs as large holders sell their tokens, drawing concern of a potential ripple effect on cry...
The first cracks between the price of staked ether and ether emerged when the Terra ecosystem imploded in early May. (Unsplash)
By Krisztian Sandor
Jun 14, 2022 at 11:28 p.m. UTC
Jun 14, 2022
MarketsEthereumThree Arrows CapitalCelsiusAlameda ResearchProof-of-StakeStaking
Crypto assets tumbled further as traders are awaiting a decision by the Fed on another interest rate hike. (Jan Baborák/Unsplash)
Markets
Bitcoin
Market Wrap: BTC Tumbles Further Ahead of Fed Meeting; Extreme Fear Among Traders
Bitcoin hovered around $22,000, down about 5% over the past 24 hours.
Crypto assets tumbled further as traders are awaiting a decision by the Fed on another interest rate hike. (Jan Baborák/Unsplash)
By Helene BraunTracy WangKrisztian Sandor
Jun 14, 2022 at 8:47 p.m. UTC
Jun 14, 2022
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Markets
Markets
Tron’s Stablecoin Peg to Dollar Wobbles; Justin Sun Swears to Deploy $2B to Prop Up
Decentralized USD (USDD) fell to as low as 91 cents on crypto exchanges early Monday and was changing hands around 99 cents at press time.
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By Krisztian Sandor
Jun 13, 2022 at 6:03 p.m. UTC
Jun 13, 2022
MarketsTronStablecoinJustin SunStablecoin
Bitcoin 24-hour price chart (CoinDesk)
Markets
Bitcoin
Market Wrap: Bitcoin and Stocks Drop; Analysts See Risk of Further Downside
Bitcoin could approach lower support at $25K-$27K with greater price volatility.
Bitcoin 24-hour price chart (CoinDesk)
By Damanick DantesKrisztian Sandor
Jun 10, 2022 at 8:30 p.m. UTC
Jun 10, 2022
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(Bankrx/Shutterstock)
Markets
Bitcoin
Market Wrap: Is Bitcoin Breaking Down or Breaking Free?
Analysts await the likely outcome of the European Central Bank's monetary-policy meeting on Thursday, which could affect in which direction BTC moves next.
(Bankrx/Shutterstock)
By Krisztian SandorBradley Keoun
Jun 8, 2022 at 8:35 p.m. UTC
Jun 8, 2022
BitcoinBitcoin PriceMarketsAltcoinsMarket Wrap