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Latest from Krisztian Sandor
New York Community Bank to Hold Assets Backing Circle's USDC
This marks the first time a community bank will serve as a custodian for a stablecoin.
Market Wrap: Recession Fears Halt Crypto Bounce
Analysts see few positive signs to sustain a crypto rally.
Investors Pile Into Short Bitcoin ETF Betting on Prices to Fall
ProShares' BITI exchange-traded fund raked in $11 million Thursday after a lackluster opening day.
Market Wrap: Crypto Assets Stabilize as BTC Retakes $20K
Bitcoin traded at $20,900 in the afternoon, while some altcoins surged on positive news and improved sentiment.
Market Wrap: BTC Falls Below $20K as Crypto Bounce Loses Steam
The recovery for cryptocurrencies proved to be short-lived as investors digested the latest inflation remarks by U.S. central bank chair Jerome Powell.
Market Wrap: Crypto Rally Continues, Smaller Altcoins Outperform Bitcoin in June
BTC is up 22% since Saturday’s low of $17,593.
'Enormous Outflows' From Largest Bitcoin ETF May Have Triggered BTC Crash
The Canadian Purpose Bitcoin ETF lost half of its assets last Friday likely because of a huge liquidation, an Arcane Research analyst said in a note.
Biggest ‘stETH’ Pool Almost Empty, Complicating Exit for Would-Be Sellers
A trading pool that large institutional investors such as Alameda Research and Three Arrows Capital have used to dump their “stETH” tokens is now nearly drained and heavily imbalanced, potentially trapping retail investors as well as the embattled crypto lender Celsius.
Market Wrap: Bottom Has Not Been Reached for Crypto, but Capitulation Is Needed
The rally in bitcoin and other major cryptocurrencies after the Fed meeting on Wednesday proved short-lived.
Market Wrap: Fed Hikes Rates at Highest Level Since 1994, Bitcoin Rallies After
The cryptocurrency fell to $20,270 after the Fed's statement but rebounded shortly after.
