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

Bitcoin (BTC) price on July 9 (CoinDesk)

Markets

Market wrap

Bitcoin Rebounds Toward $60K, but Choppiness Likely to Persist: Analysts

The market will have to absorb $4 billion to $7 billion of bitcoin selling pressure throughout the middle of the year, which will weigh on prices, K33 Research said.

By Krisztian Sandor

Jul 9, 2024 at 9:28 p.m. UTC

Jul 9, 2024

Market WrapBitcoinMt. Gox10x researchK33 researchVetle lundeMarkus thielen

Finance

Blackrock

BlackRock's BUIDL Fund Tops $500M as Tokenized Treasury Market Soars

The overall market of tokenized U.S. Treasury products has reached $1.8 billion, rwa.xyz data shows.

By Krisztian Sandor

Jul 8, 2024 at 8:42 p.m. UTC

Jul 8, 2024

BlackRockSecuritizeTokenized AssetsTokenization

Markets

Germany

Bitcoin Drops as German Government Unloads Over $900M Worth of BTC

Wallets linked to the German government still hold some 23,788 bitcoin, meaning that it has already sold more than half of its seized assets, according to Arkham Intelligence...

By Krisztian Sandor

Jul 8, 2024 at 3:13 p.m. UTC

Jul 8, 2024

GermanyMarkets

Julien Auchecorne, the newly appointed head of Auros Ventures (Auros)

Finance

Venture capital

Digital Asset Trader Auros to Invest Over $50M in Crypto Startups Through Its Newly Established VC Arm

Auros Ventures aims to make concentrated bets on crypto startups to help them scale with Auros being "power user," Auros co-founder and CIO Ben Roth said in an exclusive inter...

By Krisztian Sandor

Jul 8, 2024 at 1:00 p.m. UTC

Jul 8, 2024

Venture CapitalVCMarket MakersExclusive

Edvard Munch's "The Scream" (Art Institute of Chicago)

Markets

Crypto Crash Pushes Fear & Greed Index to Lowest Since Bitcoin Traded at $17K in Early 2023

The widely-followed sentiment metric hit extreme greed levels earlier in March near the local top of the crypto market, but now is pushing its limits in the opposite direction...

By Krisztian Sandor

Jul 5, 2024 at 3:35 p.m. UTC

Jul 5, 2024

Marketsfear and greed indexBitcoinRachel LinMarkus thielen

Markets

Jobs report

U.S. Added 206K Jobs in June as Unemployment Rate Rose to Highest Since November 2021

Bitcoin dipped a hair on the news but prices had already crashed over the past 48 hours as markets dealt with a crush of new supply.

By Krisztian Sandor

Jul 5, 2024 at 12:37 p.m. UTC

Jul 5, 2024

Jobs reportEconomyMarketsBitcoin

Markets

Market wrap

DeFi Tokens Plunge 10%-20%, Led by Pendle Amid Weak Crypto Price Action This Week

Pendle has recently lost $3 billion of its TVL with the June expiry as a result of diminishing airdrop farming hype and lower yields amid muted crypto activity.

By Krisztian Sandor

Jul 3, 2024 at 3:48 p.m. UTC

Jul 3, 2024

Market WrapMarketsDeFiPendleAaveLido

The Bitcoin Coinbase Premium Index has fallen to levels not seen since the FTX collapse (CryptoQuant)

Markets

Analysis

Bitcoin's Bottom in Price Could Be Near or Already In, the Coinbase Premium Index Suggests

Previous deeply negative readings occurred near local bottoms in price, with the most recent occurring just prior to BTC's rally between October and March to all-time highs, F...

By Krisztian Sandor

Jul 1, 2024 at 7:39 p.m. UTC

Jul 1, 2024

AnalysisMarketsBitcoinCoinbaseCryptoQuantFalconXDavid Lawant