The Shiba Inu token is currently rallying and this current rise is fuelled by the tweets of Elon Musk. The coin’s price has pumped with a huge rise in volumes in the past 24 hours. The coin could possibly 2X or 5X from the current level if the price uptrend continues in the short term. […]
Category: STO News
NFT sales hit $10.7BN in Q3 amid increased interest in crypto
Total sales over Q3 represent an increase of 704%, with most sales in August and September Sales within the non-fungible token (NFT) market soared to highs of $10.7 billion during the last quarter, data from DappRadar has shown. A report published by the NFT tracking site indicates that Q3 of 2021 saw a 704% increase […]
XRP holders granted amicus status in Ripple vs SEC case
The judge however rejected a request seeking to have XRP holders as defendants A judge in the Ripple versus SEC case has allowed six XRP holders to participate in the lawsuit with amicus status. On Monday, US District Judge Analisa Torres said that six individual holders of XRP can be included in the case as […]
China to Expand CBDCs to Hong Kong in Possible Power Grab
Neither the author, Tim Fries, nor this website, The Tokenist, provide financial advice. Please consult our website policy prior to making financial decisions. The Hong Kong Monetary Authority (HKMA) has affirmed plans are in place to develop a general-purpose Central Bank Digital Currency (CBDC) — the retail Hong Kong Dollar (e-HKD). This forms the second phase of […]
Bitcoin Price Manipulation: Will ETFs Cause The Next Bitcoin Crash?
Neither the author, Tim Fries, nor this website, The Tokenist, provide financial advice. Please consult our website policy prior to making financial decisions. For years, dozens of companies have applied to have an ETF approved by the SEC. Delayed once again, now is a good time to explore what would happen if either Bitcoin ETF or futures-based […]
Investing In Chia Network (XCH) – Everything You Need to Know
Chia Network (XCH) combines an advanced cryptocurrency with a smart programmable blockchain. The network leverages a novel consensus mechanism to provide scalability on par with major payment processors using minimal energy requirements. The goal of the project is to provide reliable blockchain software solutions to governments, financial institutions, corporations, and buyers and sellers of storage. What […]
Crude Oil Demand Rising Due to Energy Crisis and Expected Cold Winter
Neither the author, Tim Fries, nor this website, The Tokenist, provide financial advice. Please consult our website policy prior to making financial decisions. The demand for crude oil is witnessing a strong rebound as more economies continue their recovery from the effects of the pandemic. Soaring gas prices in the run-up to winter have raised the possibility […]
5 Factors that could Drive Ethereum’s Next Price Rally
Ethereum has had a rough September 2021, possibly even worse than the rest of the crypto market. It saw a 13% price drop following a chain split in late August, a hacking attack, the limited impact of the London upgrade that was supposed to speed up its network and reduce transaction fees, and more. Meanwhile, […]
Evergrande Scrambles to Raise Cash, Withdraws from Stock Exchange
Neither the author, Tim Fries, nor this website, The Tokenist, provide financial advice. Please consult our website policy prior to making financial decisions. Evergrande, China’s most indebted property developer, is slated to sell a majority stake in its property management unit to Hopson Development, a rival real estate firm. While the plans have not been made official […]
Compound Bug Puts 490k COMP at Risk to Become the Largest Fund Loss in a Smart Contract Incident
The total COMP at risk has now increased to about 490k COMP tokens, amounting to over $155 million at the current price of $317.71. This latest surge in the affected tokens is due to another $68.8 million of COMP being sent to the Comptroller. Last week, this updated Comptroller Contract containing a bug had resulted […]
