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.

Recent

Markets

Bitcoin Is In a 'Bore You to Death' Phase, but Bottom Could Be Close, Analysts Say

This period could last between one to six months, and the sentiment will be the most negative right before the turnaround, one hedge fund manager said.

By Krisztian Sandor

May 10, 2024 at 8:26 p.m. UTC

May 10, 2024

MarketsBitcoinBitfinexSantimentCapriole Investments

Markets

Crypto Markets Under Pressure as $2B Worth of Altcoin Token Unlocks and $11B Bitcoin Distribution Loom

Bitcoin was lower by 2.5% to $61,500 late Wednesday, with solana and bitcoin cash each down more than 7%.

By Krisztian Sandor

May 8, 2024 at 9:16 p.m. UTC

May 8, 2024

MarketsBitcoinGeminiMt. GoxFTXAltcoins

Finance

Joshua lim

Crypto Principal Trader Arbelos Markets Raises $28M Led by Dragonfly Capital

The trading firm aims to fill the gap left after crypto's credit meltdown two years ago and improve trust by offering a real-time overview of its risk exposure to clients, co-...

By Krisztian Sandor

May 8, 2024 at 12:25 p.m. UTC

May 8, 2024

Joshua LimVenture CapitalMarketsFundraisingDragonfly Capital

(Ryan Quintal/Unsplash, Modified by CoinDesk)

Markets

Ethena

Ethena's ENA Jumps 8% as Bybit Endorses USDe Token as Collateral for Derivatives Trading

Ethena's USDe tokenized yield strategy has attracted over $2 billion in deposits and some scrutiny of the token's risks.

By Krisztian Sandor

May 7, 2024 at 4:37 p.m. UTC

May 7, 2024

EthenaBybitTokenized AssetsYieldDeFi

Markets

Market wrap

Bitcoin Slips to $63K as Crypto Market Faces More U.S. Regulatory Pressure

Despite the recent bounce, the correction isn't over, said one technical analyst, expecting bitcoin to fall to the low-mid $50,000 area before rallying to new all-time highs.

By Krisztian Sandor

May 6, 2024 at 8:39 p.m. UTC

May 6, 2024

Market WrapBitcoinEtherRobinhood

Markets

Bitcoin

First Mover Americas: Bitcoin Nears $65,000 Amid Strong Crypto Rebound

The latest price moves in crypto markets in context for May 6, 2024.

By Krisztian Sandor

May 6, 2024 at 12:07 p.m. UTC

May 6, 2024

BitcoinEtherFirst MoverBitfinexGrayscale

Markets

Market wrap

Bitcoin Hits $62K as Cryptos Bounce; Correction Likely Over But Expect a 'Slow Grind Higher,' Arthur Hayes Says

Bitcoin will likely trade in a range between $60,000 and $70,000 through the next few months, the former BitMEX CEO said.

By Krisztian Sandor

May 3, 2024 at 4:55 p.m. UTC

May 3, 2024

Market WrapBitcoinEtherFOMCArthur Hayes

Policy

Tether

Tether Enters Transaction Surveillance Partnership with Chainalysis as Regulatory Pressure Mounts

The monitoring system would help Tether identify risky crypto addresses that could be used for bypassing sanctions or illicit activities like terrorist financing, the company...

By Krisztian Sandor

May 2, 2024 at 6:51 p.m. UTC

May 2, 2024

TetherChainalysisStablecoinSanctionsillicit finance

Finance

Tokenization

Tokenized Private-Credit Platform Untangled Opens Its First USDC Lending Pool on Celo

Private credit has been at the forefront of crypto's asset tokenization trend with over $600 million outstanding in on-chain assets.

By Krisztian Sandor

May 2, 2024 at 2:33 p.m. UTC

May 2, 2024

TokenizationTokenized AssetsReal World Assets

Ironlight co-founders: Rob McGrath, CEO (left) and Matt Celebuski (right), president and COO (Ironlight, modified by CoinDesk)

Finance

Real world assets

TradFi Veterans Pitch Tokenized Asset Marketplace With Eyes on U.S. Regulatory Approval

Ironlight, helmed by the former global head of trading of Schroders and Abu Dhabi sovereign wealth fund ADIA with the ex-CEO of TD Bank as an adviser, aims to be a premier tok...

By Krisztian Sandor

May 2, 2024 at 1:00 p.m. UTC

May 2, 2024

Real World AssetsTokenizationTokenized AssetsATSFINRASEC