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

First Mover Americas: Bitcoin Relief Rally Stalls at $63K as Crypto Rebound Faces Hurdles

The latest price moves in crypto markets in context for July 1, 2024.

Bitcoin price on July 1 (CoinDesk)

Markets

This Is Why Altcoin Investors Struggle Despite Bitcoin, Ether Sitting Near Yearly Highs

Constantly diluting supply with token unlocks, selling pressure from venture funds, lack of fresh inflows to crypto and seasonal trends all contributed to the brutal drawdown in altcoin prices.

Risks of a deeper pullback are growing for BTC (mana5280/Unsplash)

Markets

McKinsey Sees Just $2T of Tokenized RWAs by 2030 in Base Case, With Broad Adoption 'Still Far Away'

Previous reports from Boston Consulting Group and 21Shares forecasted over $10 trillion of tokenized assets by the end of the decade in their optimistic scenarios.

(Ryan Quintal/Unsplash, Modified by CoinDesk)

Finance

Michael Saylor's MicroStrategy Acquires 11.9K More Bitcoin for $786M

The company now holds 226,331 bitcoins worth just shy of $15 billion.

MicroStrategy Executive Chairman Michael Saylor (CoinDesk)

Finance

RWA Tokenization Expands to Life Insurance with Infineo Minting $9M of Policies on Provenance Blockchain

This was the first example of transferring tokenized versions of life insurance policies, the company said.

(Shubham Dhage / Unsplash)

Markets

Bitcoin Bounces to $67K with BTC Miners Rallying 5%-10%; XRP Leads Altcoins

As bitcoin's volatility is nearing historically low levels, the crypto market is in need of news or catalysts to bring traders to action, one market participant noted.

Bitcoin price on June 17 (CoinDesk)

Policy

Crypto Trading Firm Cumberland Acquires New York's BitLicense

The company said it's one of the only principal trading firms to hold the state's crypto license.

(Michael Discenza/Unsplash)

Finance

Tether Debuts New 'Synthetic' Dollar Backed by Tokenized Gold in Tokenization Push

Users can mint new tokens using the company's new Alloy platform, which will be part of Tether's upcoming tokenization venture, CEO Paolo Ardoino said.

All but one of the recently launched spot bitcoin exchange-traded funds (ETF) charge a lower fee than the largest gold ETF, making them a cheaper investment into a gold-like asset. (Unsplash)

Markets

Bitcoin Plunges to $65K, Altcoins Bleed 10%-20% as Week Turns Ugly

Some $180 million of leveraged derivatives positions were liquidated across all crypto assets during the shake-out, CoinGlass data shows.

Bitcoin price on June 14 (CoinDesk)

Finance

MicroStrategy Increases Convertible Note Offering by 40% to $700M in Bitcoin Splurge

The company's shares rose nearly 2% in the early Friday session following yesterday's tumble.

Michael Saylor, executive chairman of MicroStrategy (Michael.com)