Latest from Krisztian Sandor
Crypto Terra Luna Classic Surges as Traders Speculate on New Supply Burn Rule
In an attempt to revive the failed Terra blockchain’s token, the approved proposal will destroy 1.2% of every transaction to reduce supply.
Binance Ditched a Bunch of Stablecoins. Even a Newly Banished Issuer Was OK With It
Surprisingly, Circle’s CEO expects USDC to benefit from getting booted from Binance, while market insiders predict a better trading experience.
Crypto Lender Celsius Network Says $70M Cash Relief Will Bolster Efforts to Survive the Year
The extra cash from loan repayments, previously believed to be in stablecoins, means a much needed boost for the cash-strapped lender.
Bitcoin Traders’ Outlook Is So Bleak That Some Analysts See a Buying Opportunity
Several BTC metrics are hovering at historic lows and crypto traders’ sentiment is overwhelmingly bleak. Some analysts argue that it’s time to make short-term contrarian bets.
Celsius’ Third Bankruptcy Hearing Yields Little in the Way of Customer Relief
The three-hour hearing was largely spent on a back-and-forth over whether custodial account holders will be able to get their money back.
Buzz Over Potential Ethereum Hard Fork Token Fizzles as Price Tanks
Crypto traders’ appetite to speculate on ETHPOW remains muted on exchanges that listed the digital asset.
Bankrupt Crypto Lender Celsius Gets Cash-Injection Offers, Approval to Sell Mined Bitcoin
The company had said Monday it might run out of cash by October.
Crypto Lender Celsius On Pace to Run Out of Cash by October
The firm, which filed for bankruptcy protection in July, is also short of $2.8 billion in crypto assets, the court filing reveals.
Price Discount on 'stETH' Reflects Some Doubt on Smooth Ethereum Merge
The current price of the derivative token implies a close to 94% chance of the Merge succeeding without major hiccups or delays, according to Enigma Securities.
Celsius CEO Cashed in After Bankrupt Crypto Lender's Token Surged
This is the first time the address attributed to co-founder Alex Mashinsky was used since the company froze withdrawals and entered bankruptcy.
