Second Weekly Increase in Gold Prices Likely Weaker Dollar and Inflation Concerns Key Other Precious Metals Also on the Rise In commodities news, gold prices enter Friday looking to post another strong week and a second consecutive increase in price following what had been a slower period for the precious metal. This comes as the […]
Category: STO News
Investing in Mdex (MDX) – Everything You Need to Know
Mdex (MDX) is a high-performance AMM (automated market maker) and DeFi ecosystem. The platform combines a custom-built exchange, an advanced cryptocurrency, a mixed mining mechanism, and fund pools. Together, these features enable users to secure ROIs and exchange their crypto securely. The goal fo the protocol is to drive support and innovation for eco-friendly blockchain […]
Why is Nexo (NEXO) Price Rallying?
Cryptocurrency project Nexo (NEXO) may not be the top-ranking asset, given its position as the 88th largest coin by market cap, but it is certainly one of the top-performing projects right now. The coin saw a significant price increase over the last few days, which made it attract the eyes of traders and analysts alike. What […]
Diem responds to allegations from Senate Democrats
Diem has penned a response to the group of Senators that called out Facebook, asking the social networking company to shelve its Novi and Diem offerings On Tuesday, a group of senators wrote to Facebook CEO Mark Zuckerberg asking that his company abandons plans for its digital wallet, Novi. The wallet is intended to eventually custody […]
Polygon (MATIC) Network See App Developers Grow by 60% Monthly on Average; 145% Increase in Usage
Layer-two protocols are meant to take the weight off the base protocol. However, it looks like one such scaling solution is rapidly becoming an ecosystem in its own right. Over 60% of Projects Build On Polygon The Polygon network is a popular choice for several decentralized applications (dApps) protocols and this interest has been tracked […]
October Earnings Season Highlights: Squid Game Gives Netflix a Boost
Neither the author, Tim Fries, nor this website, The Tokenist, provide financial advice. Please consult our website policy prior to making financial decisions. Earnings season is upon us once again. With most of the big companies announcing their results this month, we can see a few trends that have happened during the year. Earnings season can present […]
FTX Raises $420M in Series B From 69 Investors, Valuation Hits $25 Billion
In another record first, for popular crypto exchange and Binance rival FTX Group, the Sam Bankman-Fried led platform has concluded another round of investment. This is according to a report by the media outlet CoinDesk. $420.69 Million Secured Following on the back of a significant rally in the crypto market, FTX has announced a new […]
JP Morgan Backs PT Jones: Bitcoin Better Than Gold For Inflation
Neither the author, Tim Fries, nor this website, The Tokenist, provide financial advice. Please consult our website policy prior to making financial decisions. Paul Tudor Jones, the American billionaire hedge fund manager, has told CNBC that Bitcoin is winning the race against gold. After discussing how the inflation we’re seeing is not transitory, Jones added that crypto […]
Where to buy Dogelon Mars after falling 15% on Thursday
Dogelon Mars is an Ethereum-based crypto using the ERC-20 token standard. A number of very prominent tokens on the ETH network, such as Aave, Chainlink, and Uniswap use this token standard. But unlike these notable and prominent coins, Dogelon Mars was born out of a joke and makes references to Elon Musk, Dogecoin, and the […]
Tether: Hindenburg Research’s $1M bounty is a ‘cynical’ stunt
Tether says the bounty program has no impact on Bitcoin as prices reach new highs. Tether has released a statement terming Hindenburg Research’s recent offer of a $1 million bounty program for information on the stablecoin’s reserves as “cynical” and a “pathetic bid for attention.” The move by the forensic research company came just days after […]