On Wednesday, both Bitcoin and Ether rose to their new all-time highs of $69,000 and $4,870, respectively. However, these new highs didn’t last for long, and soon BTC dropped as low as $62,755 and Ether just under $4,500. As of writing, the leading cryptocurrency is back to $64,600 and ETH at $4,700. However, this bout […]
Category: STO News
Nigeria Planting Agents on P2P Trading Platforms In Crypto Crackdown
Neither the author, Kingsley Alo, nor this website, The Tokenist, provide financial advice. Please consult our website policy prior to making financial decisions. The Central Bank of Nigeria (CBN) has reportedly ordered commercial banks to freeze the accounts of individuals engaged in crypto trading. This directive was issued through a post-no-debit circular authorized by the Director of […]
Twitter reveals team that will lead its decentralisation and crypto initiatives
The microblogging and social network firm hopes to get deeper into the decentralised internet with its latest initiative The San Francisco-based social media company Twitter confirmed yesterday that it was moving forward with its digital currencies and blockchain project. The Jack Dorsey-led firm announced a cryptocurrency team tasked with developing crypto, Dapp and NFT technology on […]
IoTEX (IOTX) up 65% after IoTX delivered a keynote at the DeFiLive event today
IoTeX (IOTX) has been on an exponential rise since the IoTEX team announced that it will deliver a keynote speech at the DeFiLive event. IOTX coin has been on a monster bull run since November 7th and the trend momentum is getting stronger daily. After the IoTEX team delivered their speech during today’s presentation, the […]
Austria will start taxing digital assets like stock for a ‘good cause’
The Federal Ministry of Finance in Austria is looking to enforce capital gains levy on digital tokens as from March next year As part of a nationwide tax overhaul, Austrian officials this week revealed plans to tax crypto assets in a similar manner to traditional assets like stocks and bonds. The Central European country will […]
Market highlights November 11: Wall Street and cryptos both in the red, US inflation at record high
After passing 3 trillion yesterday, the crypto market began to decline. Most of the top 10 cryptos registered losses. Against the backdrop of soaring inflation, major US indices fell across the board. At 6.2%, inflation in the US has hit a three-decade high as the world’s biggest economy struggles against post-pandemic supply chain disruption. Federal Reserve officials are […]
Aurox CEO: Institutions are keeping off crypto due to regulatory concerns
Giorgi Khazaradze says retail investors alone cannot drive the market A ‘safety net’ could see more institutional investments into crypto Institutional adoption of crypto has increased steadily over the past several months, amid investor interest following stellar performances for Bitcoin, Ethereum, and other digital assets. But while institutional inflows have been on the rise, many […]
Every 30 Days Inflation is Reducing The US Dollar’s Value By 1%
Neither the author, Tim Fries, nor this website, The Tokenist, provide financial advice. Please consult our website policy prior to making financial decisions. According to the latest numbers coming out of the U.S. Bureau of Labor Statistics, the state of the economy can be summed up neatly by this tweet by Preston Byrne. “According to official numbers, […]
Terra (LUNA) price fluctuates after Terra votes to burn $4.5B worth of tokens
The price of Terra (LUNA) nearly reached a record high on Wednesday after immediately Terra voted to burn tokens worth $4.5 Billion. However, it later turned red following a rise in market volatility. At the time of writing, the LUNA price was up 1% after correcting the short dip. Increasing market demand through burning Decreasing […]
Investing In QuickSwap (QUICK) – Everything You Need to Know
QuickSwap (QUICK) seeks to provide DeFi (decentralized finance) users more flexibility via its permissionless DEX. The network leverages a multi-chain structure to reduce costs and improve responsiveness. As such, QuickSwap continues to garner more attention in the market. Here is everything you need to know about QuickSwap (QUICK). What Problems Does QuickSwap (QUICK) Attempt to […]
