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


Markets

Bitcoin Rebounds to $70K, Shrugging Off Hot U.S. Inflation Print

Major U.S. equity indices closed the day lower after disappointing CPI numbers, while BTC was up 1%.

Bitcoin price on April 10 (CoinDesk)

Markets

Hong Kong's Incoming Spot Bitcoin ETFs Could Be 'Big Deal.' Here's What Analysts Say

Massive demand for a China-listed gold ETF sent its premium soaring to 30% earlier this week.

Spot bitcoin ETFs could soon be coming to Hong Kong (Allan Watt/Flickr)

Finance

Hong Kong-Based First Digital's $3B Stablecoin Arrives to Sui Network in DeFi Push

FDUSD has quickly become the fourth-largest stablecoin since its launch last year under Hong Kong's digital asset regulations, benefitting from crypto exchange giant Binance's trading promotion.

Hong Kong (Unsplash)

Markets

Bitcoin Buckles Below $69K as Crypto Bulls Endure $175M Liquidations

Bitcoin is showing resilience despite the slip, but the corrective period might continue for a while before a return to growth, one observer noted.

Bitcoin price on April 9 (CoinDesk)

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Markets

Stablecoin Growth Is More Important Cue for Crypto Bull Market Than Bitcoin ETF Inflows: Analyst

Rapidly expanding stablecoin supply shows that "fiat money is being moved into crypto at an accelerated pace," 10x Research's Markus Thielen said.

The supply of stablecoins USDT and USDC  grew by $10 billion in a month, 10x research noted. (Shubham Dhage/Unsplash)

Markets

Ethena, a $1.3B Yield-Earning Protocol, to Debut Governance Token Next Week

The DeFi protocol, which generates yield from ether derivative funding rates, is set to airdrop 750 million ENA tokens, 5% of the total supply.

Ethena's governance token ENA (Ethena Labs)

Markets

BlackRock's Tokenized Fund Quickly Rakes in $245M, Right Behind Franklin Templeton's Older Offering

The tokenized U.S. Treasury market is poised to reach $1 billion "very soon" given the growth of BlackRock's BUIDL, an analyst noted.

Larry Fink (Will Ess for Pixelmind.ai/CoinDesk)

Markets

Ondo Finance to Move $95M to BlackRock's Tokenized Fund for Instant Settlements for Its T-Bill Token

The allocation marks to first example of a crypto protocol leveraging BlackRock's tokenized fund for its own offering.

(Jim Henderson, modified by CoinDesk)

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Markets

Ether.Fi's ETHFI Jumps 50% to Record, May Boost Valuations for Liquid Restaking Token Airdrops: Analyst

Restaking has become one of the hottest sectors in DeFi, with new protocols leveraging Ethereum's proof-of-stake blockchain to secure other networks.

ETHFI price (CoinDesk)

Markets

KuCoin Withdrawals Spike to $1B in Crypto Amid U.S. Regulatory Clampdown

The surge occurred as U.S. federal prosecutors charged the exchange and two of its founders with violating anti-money laundering laws on Tuesday.

(Shutterstock)