Latest from Krisztian Sandor
Bitcoin Tops $27K as Rates and Oil Retreat; Ether Outperforms on ETF Hopes
The broad-market proxy CoinDesk Market Index (CMI) was up 3.8% over the past 24 hours.
FTX Bankruptcy Claims Soar in Value in Over-the-Counter Markets as Estate Recovers $7.3B
One top distressed-debt investor describes FTX claims as the “hottest ticket in town.”
Binance’s Liquid Staked Ether Jumps to $1.2B in TVL After Sudden $500M Inflow
The exchange is one of the largest players in ether staking after Lido Finance and Coinbase.
Circle's Euro-Pegged Stablecoin Is Now Available on Stellar Network
Stellar is the third blockchain available to send and receive Circle’s euro-pegged stablecoin after Ethereum and Avalanche.
Optimism Slumps Most Among Crypto Majors Ahead of $30M Token Unlock
The event will release 3% of the OP token’s circulating supply to investors and contributors.
Bitcoin Holding Above $26K Is ‘Remarkable’ as Equities Take a Hit. What’s Next for BTC’s Price?
The 200-week and 200-day moving averages converge at $27,800, acting as an obstacle to further BTC price gains.
Ether Turns Inflationary as Network Revenue Plunges to 9-Month Low
The decline in activity in the network is partly because of the adoption of layer 2 networks, and the trend will continue in the near term, according to IntoTheBlock.
Bitcoin Slides to $26.5K Amid Surging U.S. Dollar; Record-High Rates Are ‘Nightmare’ for Crypto Firms
The 10-year Treasury rate surging to a 16-year high and equity markets selling off could push BTC lower, one trading firm said.
Stablecoin Issuer Tether Ventures Into AI With Northern Data in $427M Nvidia Chip Splurge
Damoon, a Tether subsidiary in which Northern Group acquired a stake earlier this year, has purchased $427 million of Nvidia chips for generative AI cloud computing.
Bitcoin Tumbles to $26.9K on Hawkish Remarks by Federal Reserve's Powell
The Wednesday pause in rate hikes had been overwhelmingly expected by market participants, but Fed members now see much higher interest rates for next year than previously projected.
