The Uniswap token is currently trading at $24.97 at the time of writing. The UNI coin is up by 32% in the past 24 hours and this rise has been fuelled by a strong spike in volumes. The bulls seem to have regained a strong grip and seem determined to push prices in the current […]
Category: STO News
dYdX Records $6.5B Volume to Surpass BitMEX and Coinbase Driven by China Crypto Ban & Liquidity Mining
As China cracks down on crypto declaring virtual currency-related business activities, including the provision of services by overseas exchanges to Chinese residents through the Internet to be “illegal financial activities,” decentralized finance (DeFi) is gaining a lot of traction in the country. One DeFi project, in particular, is enjoying increased activity; decentralized derivatives exchange dYdX. […]
DeFi Rallies on China Ban as Chinese Turn to Decentralized Projects, Crypto Prices Recover to Pre-ban Levels
Last week, China cracked down on crypto and declared virtual currency-related business activities, including the provision of services by overseas exchanges to Chinese residents through the Internet to be “illegal financial activities.” As we reported, this sent the prices of cryptocurrencies crashing, but that dip was not the one to sell your tokens as historically, […]
UNI rallies as Chinese investors turn to decentralised exchanges
Chinese traders are finding it hard to buy cryptocurrencies on centralised exchanges, and they are now turning to the alternative options Chinese cryptocurrency traders and investors are finding it almost impossible to gain access to the crypto market thanks to the latest regulations. Now, they are turning to decentralised exchanges (DEXs) to buy and sell […]
30% Of Chinese Residents Use VPNs – Is a True Crypto Ban Even Possible?
Neither the author, Tim Fries, nor this website, The Tokenist, provide financial advice. Please consult our website policy prior to making financial decisions. Once again, China has tried to ban cryptocurrencies, this time making it illegal for Chinese residents to trade digital assets. However, with around a third of Chinese internet users making use of VPNs (a […]
Cardano invests $100M in NFT, DeFi and Blockchain education
The cryptocurrency space continues to expand, and users need to be educated on the various aspects of the industry Cardano is one of the leading cryptocurrency projects in the world. Over the past few years, it has experienced tremendous growth and has now become the third-largest cryptocurrency by market cap, just behind Ether and Bitcoin. […]
Kusama price analysis: KSM bounces off major support as bulls target more gains
KSM price has rebounded off horizontal support and is looking to strengthen near the 50 SMA Kusama (KSM) has traded higher over the past 24 hours after a slightly slow weekend, with KSM price up about 6.4% to change hands around $339 at the time of writing. The uptick in momentum for Kusama comes as […]
YFI Creator Andre Cronje Launches a Vampire Attack on Popular Ethereum NFT Marketplace OpenSea
“It’s not about money. It’s about sending a message,” says the GIF featuring the Joker from The Dark Knight used by Andre Cronje to define this vampire attack on popular non-fungible token (NFT) marketplace OpenSea. OpenSea exploded in popularity in the past couple of months to record an all-time high of $3.2 billion volume in […]
China’s Largest Cryptocurrency Exchanges Suspend All New User Registrations
China’s largest cryptocurrency exchange Huobi has suspended all new registrations for domestic users in response to China reiterating its stance on cryptocurrency trading. The exchange operator has stopped letting customers use mainland China mobile numbers to register new accounts. While new sign-ups are still available for Hong Kong users, mainland China is not an option […]
Cardano Makes Big Announcements Ahead of Summit – Cardano Weekly
The Cardano Summit event starts today, and the Cardano development team has already hinted at what the community can expect. Meanwhile, the ADA token is trading fairly positively following a crash that saw it sink below $2 earlier this week. A look around the Cardano network: Investment strategist Raoul Pal reveals he owns Cardano (ADA) […]
