Billionaire Mike Novogratz’s Galaxy Digital Holdings reported unrealized gains of about $400 million from the appreciation on crypto assets in the fourth quarter so far. In the third quarter, Galaxy posted $517 million in net comprehensive income, which includes the appreciation of coin prices and $1.2 billion year-to-date through Sept. 30 “on the back of […]
Category: STO News
5 Underrated Cryptocurrencies with Potential for Major Gains
The crypto space is one filled with thousands of cryptocurrencies. It can be hard for an investor to know which coins are ideal to invest in for the long haul. With crypto-assets, volatility plays a major role, and it is among the reasons many people choose to stay away from this sector. However, there are […]
Weed Stocks Dip Following GOP Legalization Bill Proposal
Neither the author, Kingsley Alo, nor this website, The Tokenist, provide financial advice. Please consult our website policy prior to making financial decisions. On Monday, several Republican members of the US Congress formally presented a new bill to legalize and tax marijuana federally. The new legislation is sponsored by Rep. Nancy Mace and five other republican cosponsors. […]
Sri Lanka Closes Oil Refinery Due To Forex Shortage, Not COP26 Related
Neither the author, Tim Fries, nor this website, The Tokenist, provide financial advice. Please consult our website policy prior to making financial decisions. Sri Lanka has temporarily shut down its only oil refinery, but not because of its environmental commitments made at the 2021 United Nations Climate Change Conference (COP26). Instead, the move comes as the country […]
ParaSwap’s Newly Launched Governance Token, PSP, Tanks 45% After Team’s ‘Decentralization Maximizing’ Airdrop
Decentralized exchange (DEX) ParaSwap launched its governance token, dubbed PSP, after repeatedly saying it won’t launch a token. The newly launched PSP token, with a market cap of just over $105 million, went on to hit $2.10. Since then, the token has lost more than 45% of its value to now trade at $1.15, according […]
Kevin O’Leary Uses Stablecoin Yields — Accountants Said He Was “Out of His Mind”
Neither the author, Tim Fries, nor this website, The Tokenist, provide financial advice. Please consult our website policy prior to making financial decisions. From crypto skeptic to advocate, popular TV host and investor Kevin O’Leary finds safe harbor from inflation with stablecoin staking. O’Leary Says He Is a Circle Customer Over the past couple of months, it […]
What do the new crypto designations mean for the crypto sector in Taiwan?
China’s ban on crypto activity presented destination opportunities for crypto initiatives, among them, Taiwan Being a sector that Taiwan has for so long avoided as far as establishing the necessary regulations is concerned, Taiwan’s Ministry of Economic Affairs (MOEA) has now taken a route towards supervision and regulation. On Monday, the Taiwan government said that […]
Market highlights November 16: Bitcoin drops to $60K, over 90% of top 100 cryptos lost value
The crypto market was seen lower across the board over the past 24 hours, as all top 10 cryptos were in the red at time of writing. The recent decline put 6 of the top 10 cryptos in double-digit losses for the past 7 days. The SPX500 finished yesterday without losing or gaining, while the […]
Where to buy Gyen, the token bridging traditional finance and blockchain for everyone
Gyen is a stablecoin that allows people to trade seamlessly across its issuer’s fast global network of partner exchanges. It provides a hedge against volatility and alleviates digital fiat trading. If you would like to know where to buy GYEN, here are the top cryptocurrency exchanges for trading in it. Top places to buy GYEN […]
Innovative Polymath Network has gained 12% in the last 24 hours: Where to buy POLY
Polymath Network (POLY) provides technology to create, issue, and manage security tokens on the blockchain. It runs on the highly reliable Ethereum blockchain. Would you like to know where to buy WEMIX? Read on to learn all about the best exchanges to do that. Top places to buy POLY now CAPEX CAPEX.com is an awarded fintech […]