CFTC Chair Calls for ‘Expanding’ the Agency’s Authority as ‘Nearly 60%’ of Crypto Are Commodities

Rostin Behnam, the nominee to lead the Commodity Futures Trading Commission (CFTC), wants the agency to have greater authority over the crypto market and be the “primary cop on the beat.” The CFTC is currently overseeing derivatives, but the Biden administration’s pick to head the CFTC said the explosive growth of digital tokens means their […]

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Atlanta Fed Predicts 0.2% Q3 GDP, But $100k BTC Calls Hold Strong

Neither the author, Tim Fries, nor this website, The Tokenist, provide financial advice. Please consult our website policy prior to making financial decisions. The Atlanta Federal Reserve’s GDPNow tracker has downgraded its growth estimate for Q3 of 2021 to 0.2% — suggesting the economy might have not grown by any significant extent during the period. Economists view […]

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Crypto Market Deleverages, El Salvador Buys 420 BTC on Latest Dip, & Fiat Currencies Waiting on Central Banks’ Direction

Since hitting a new all-time high at $67,000 last week, Bitcoin has been taking a breather. The leading cryptocurrency’s recent peak came as the first Bitcoin exchange-traded fund made its debut. Valkyrie Funds, which launched the second bitcoin futures ETF, also filed for a leveraged ETF that is not getting approved, according to a WSJ […]

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Investing In The Sandbox (SAND) – Everything You Need to Know

The Sandbox (SAND) is a blockchain-based virtual gaming ecosystem. The network enables anyone to create, trade, and monetize digital property called “land.” The project combines the popularity of NFTs (non-fungible tokens) with a programmable landscape to create a more immersive gaming experience for users. What Problems Does The Sandbox (SAND) Attempt to Fix? There are […]

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