Neither the author, Tim Fries, nor this website, The Tokenist, provide financial advice. Please consult our website policy prior to making financial decisions. Hindenburg Research has announced a short position in Sezzle Inc. (NYSE: SEZL), a company based in Minneapolis that specializes in ‘Buy Now, Pay Later’ (BNPL) services. This development comes as Sezzle’s stock has seen […]
Month: December 2024
Disney’s Stock Gains as it Scores a Massive Gaming Hit with Marvel Rivals
Neither the author, Tim Fries, nor this website, The Tokenist, provide financial advice. Please consult our website policy prior to making financial decisions. Disney (NYSE: DIS) has recently achieved significant success in the gaming industry with the launch of Marvel Rivals, a new collaboration with NetEase Games. The superhero-themed game has captivated a massive audience, reaching 20 […]
ORO Launches as First App Built on Fasset’s L2 Network, Unlocking $1B of Tokenized Gold On-Chain
Dubai, UAE, December 18th, 2024, FinanceWire $1 billion of yield-bearing gold to be tokenized within the first year ORO is the first application built on Fasset’s Ethereum Layer 2 network, Own Revolutionizes gold ownership with fractional, yield-generating tokens, DeFi composable, and 100 years of gold industry expertise. Waitlist now open; early access slated for Q1 […]
Exodus Stock $EXOD Set to Be Uplisted to NYSE Tomorrow
With Bitcoin price surging past $100K to make new highs every other day and altcoins flying, the cryptocurrency market is having its best time. Amidst this strong positive momentum, fintech leader Exodus is being uplisted on the New York Stock Exchange (NYSE). This was revealed in an official announcement from Exodus last week in which […]
Lido Finance to discontinue its products on Polygon starting Dec. 16
Lido Finance will end Polygon staking operations starting December 16, 2024. Users must unstake MATIC before June 16, 2025, to avoid using explorer tools. The decision is due to low adoption, zkEVM transition, and focus on Ethereum. Lido Finance, the largest liquid staking protocol in the decentralized finance (DeFi) ecosystem, has announced plans to sunset […]
FTX to begin customer repayments in early 2025
FTX will begin customer distributions in January in January 2025. The exchange collapsed in November 2022, with major repurcussions for the greater industry. FTX debtors will commence customer distribution in early January, with its court-approved Chapter 11 bankruptcy reorganization becoming effective on January 3, 2025. The collapsed crypto exchange announced on Dec. 16 that initial […]
Nasdaq-100 Shakeup: 3 Stocks that Can Gain
Neither the author, Tim Fries, nor this website, The Tokenist, provide financial advice. Please consult our website policy prior to making financial decisions. Investors like to see capital-allocation hierarchies, and Nasdaq-100 (NDX) is one of them. Year-to-date, this index grew by 32%, capturing the performance of the 100 largest non-financial firms. Nearly 60% of Nasdaq 100 companies […]
Ripple RLUSD Stablecoin Integrates with XRP Ledger and ETH Blockchains
Ripple has announced that its stablecoin, Ripple USD (RLUSD), will be available on global exchanges starting tomorrow, December 17, 2024. The RLUSD stablecoin is USD-denominated and designed for enterprise use. It is backed by Ripple’s experience in both the cryptocurrency and traditional financial systems. The token will be available on both the XRP Ledger and […]
Crypto Trading Volume at Robinhood Surged in Nov as Exchange Added 420k New Users
Neither the author, Tim Fries, nor this website, The Tokenist, provide financial advice. Please consult our website policy prior to making financial decisions. Robinhood Markets, Inc. (NASDAQ: HOOD), based in Menlo Park, California, released its November 2024 data on December 11, highlighting notable growth across multiple metrics. The company reported increased funded customers, assets under custody, and […]
Ripple Warns of Volatility in RLUSD Stablecoin as Pre-Launch Bids Soar
A few days after obtaining the approvals in New York, Ripple has warned that its stablecoin might experience volatility when it hits the market. David Schwartz, the company’s Chief Technology Officer, also cautioned investors about potential supply shortages while advising against fear-of-missing-out (FOMO) behavior. High Pre-Launch Bids Schwartz’s remarks followed reports of unusually high pre-launch […]
