Krisztian Sandor

Reporter

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.

Latest from Krisztian Sandor

Markets

Market Wrap: Crypto Rally Continues, Smaller Altcoins Outperform Bitcoin in June

BTC is up 22% since Saturday’s low of $17,593.

Jun 21, 2022

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.

Jun 21, 2022

Markets

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 imbalanced, potentially trapping retail investors as well as the embattled crypto lender Celsius.

Jun 17, 2022

The staked ether trading pool on Curve is quickly depleting after large holders used it as an escape route. (Flickr, modified by CoinDesk)

Markets

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.

Jun 16, 2022

Markets

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.

Jun 15, 2022

Federal Reserve Chair Jerome Powell at a press conference on June 15, 2022. (Source: Federal Reserve)

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.

Jun 15, 2022

Tether (USDT) saw $1.6 billion in redemptions in two days. (CoinMarketCap)

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 crypto lending markets.

Jun 14, 2022

The first cracks between the price of staked ether and ether emerged when the Terra ecosystem imploded in early May. (Unsplash)

Markets

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.

Jun 14, 2022

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.

Jun 13, 2022

Markets

Market Wrap: Bitcoin and Stocks Drop; Analysts See Risk of Further Downside

Bitcoin could approach lower support at $25K-$27K with greater price volatility.

Jun 10, 2022