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


Finance

Stablecoin Giant Tether Enters Oil Trade by Financing $45M Middle Eastern Crude Deal

The USDT issuer is expanding in trade finance, seeking to carve out a niche in the $10 trillion ecosystem.

Crude oil (Sumaid pal Singh Bakshi/Unsplash)

Markets

Fed Cuts Rates by 25 Basis Points, Bitcoin Price at Record as Powell Says Trump Win Has 'No Effect' on Policy

Fed Chair Jerome Powell's speech later today could shake up markets as he will face questions about the central bank's outlook on monetary policy and inflation after Donald Trump's decisive win in the U.S. presidential election.

U.S. Federal Reserve Chair Jerome Powell testified that a U.S. CBDC isn't in the near future, and he said the Fed wouldn't design one to spy on Americans (screen capture, Senate Banking Committee video)

Markets

Post-Election Déjà Vu: Bitcoin Spikes to a New Record High, While Ether and Solana Rally Ahead of FOMC

Bitcoin (BTC) just hit a new all-time high, but Ethereum's ether (ETH) is the bigger winner.

Bitcoin made a new high today. (CoinDesk).

Markets

Bitcoin Blasts Past $76K for First Time as Violent Crypto Rally Liquidates Nearly $400M Shorts

Crypto exchange Coinbase's shares closed the day 31% higher, leading gains among digital asset-related stocks.

Bitcoin (BTC) price on Nov. 6 (CoinDesk)

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Markets

Uniswap's UNI Token Soars 28% as Altcoins Outperform Following U.S. Presidential Election

The DeFi sector led the crypto rally following Donald Trump's victory, with the CoinDesk DeFi Index gaining 20%, while the broad market gauge CoinDesk 20 Index was higher by 8.2%.

UNI soars following election (CoinDesk)

Finance

JPMorgan Renames Blockchain Platform to Kinexys, to Add On-Chain FX Settlement for USD, EUR

The banking giant was one of the early leaders in applying blockchain tech to traditional financial activities, executing over $1.5 trillion of transactions since its inception.

(Shutterstock)

Markets

Bitcoin Gives Up Gains as U.S. Election Anxiety Unleashes Crypto Volatility

The worst case scenario for risk assets including cryptocurrencies would be a delayed or contested election where the result is unknown for weeks, one observer noted.

Bitcoin price on Nov 5 (CoinDesk)

Markets

Bitcoin Price Crushing Altcoins Heading Into U.S. Election. Is There an Alt Rally Coming After?

Altcoins have lagged throughout the year amid regulatory uncertainty, and hence, K33 Research analysts said they are "more sensitive" to the election results.

BTC, SOL, ETH and CD20 price performance over the past week (CoinDesk Indices)

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Finance

Tether Reports $2.5B Profit in Q3, Holds Over $100B of U.S. Treasuries

The company also owns a significant amount of gold and the big move higher in the yellow metal boosted profits.

Tether 's logo painted on a wooden background.

Markets

Ether Tumbles 5.8%, Leading Large Crypto Losses, With Bitcoin Sliding Below $71K

Crypto-linked stocks such as MicroStrategy, Coinbase, Robinhood and bitcoin miners MARA, RIOT also suffered sizable declines.

Bitcoin (BTC) price on Oct. 31 (CoinDesk)