Latest from Krisztian Sandor
Venture Capital Firm a16z Unloads $7M of MKR Tokens as Price Soars
Lending platform Maker’s governance tokens soared to near one-year high prices last week prior to the sales.
Avalanche Foundation Commits $50M to Bring More Tokenized Assets to Blockchain
The program follows Avalanche’s initiative to financial institutions to test blockchain services on one of its subnets.
Crypto Investors Sour on Bitcoin Funds After Massive Inflows, Turn Instead to Ether and XRP
Digital asset investment products recorded outflows last week for the first time since mid-June, CoinShares reported.
Bitcoin Drops to $29K Amid Binance Story, China Woes; XRP, SOL Lead Altcoin Slump
Regulatory uncertainty surrounding Binance, the largest crypto exchange, tends to weigh on crypto prices.
Bitcoin Dawdles Below $30K as Investors Eye Coming Fed Rate Decision, BTC Options Expiry
Next week’s U.S. central bank interest rate decision and the bitcoin options expiry are unlikely to move markets, which have been stuck for weeks.
MakerDAO’s MKR Soars 28% in a Week as Token Buyback Scheme Goes Live
The lending platform is on track to remove some $7 million of MKR governance tokens from the market in the next month, according to blockchain data.
Chainlink’s LINK Pops 15%, XRP Loses Steam as Bitcoin Revisits $29.6K Range Lows
Tech stocks such as Tesla and Netflix, which crypto prices tend to correlate with, sold off during the day as investors shied away from risk assets.
MakerDAO Votes to Halt Lending to Tokenized Credit Pool After $2M Loan Default
The embattled Harbor Trade credit pool minted $1.5 million of DAI stablecoin secured with loans to a consumer electronics firm, which defaulted on $2.1 million of debt.
XRP Soars 10%, Lifting Altcoins as Bitcoin Dominance Teeters at 1-Month Low
Bitcoin’s stall despite a recent wave of positive crypto news is a cause for concern, one observer said.
Dogecoin Pops 4% on Elon Musk Tweet
The Tesla CEO and Twitter owner has been known on occasion to playfully talk about his fondness for the memecoin.
