Baby Shark, a meme coin inspired by the children’s song of the same name, has gone viral this week Baby Shark (SHARK) is a meme coin that has increased in value by 128% since Monday. The coin’s success is arguably down to two things: its use of the “Baby Shark” meme, which is based on […]
Category: STO News
Google Reversing Stance on Anti-Crypto Advertising Now Comes into Effect
“Beginning August 3, advertisers offering Cryptocurrency Exchanges and Wallets targeting the United States may advertise those products and services,” said Google in June 2021, when it reversed its anti-crypto advertising stance. Back in mid-2018, Google banned crypto and initial coin offering (ICO) related advertisements but now regulated entities are allowed to market their services. This […]
SEC Chair Gary Gensler Makes a Power Grab But It was Expected and Will Aid in DeFi Expansion & Bitcoin ETF Approval
Speaking at the Aspen Security Forum, US SEC Chair Gary Gensler said no crypto asset fulfills all the functions of money. They are primarily digital, scarce vehicles for speculative investment. “In that sense, one can say they are highly speculative stores of value.” Crypto assets haven’t been used much as a unit of account or […]
Robinhood CEO Sells $45 Million in Shares Amid Company’s Questionable Valuation
Neither the author, Tim Fries, nor this website, The Tokenist, provide financial advice. Please consult our website policy prior to making financial decisions. From folk hero to perceived villainy, Robinhood has made quite a story arc. A week after its IPO launch last Thursday, CEO Vlad Tenev decided to “flip” 1,500,000 shares of $HOOD. Is this an […]
2021 Low: Only 13.2% of Bitcoin’s Circulating Supply is on Exchanges
Neither the author, Kai Morris, nor this website, The Tokenist, provide financial advice. Please consult our website policy prior to making financial decisions. Bitcoin had a good week, reaching $42,000 on August 2nd, the highest its value has been since May. However, this appears to have triggered a mass exodus of exchange outflows, with Glassnode reporting a […]
Zcash Founder Proposes Moving to A ‘More Decentralized’ & Eco-Friendly PoS as PoW Has ‘Security Flaws’
Zcash founder Zooko Wilcox is now proposing to move his privacy-focused cryptocurrency from having a very large carbon footprint to a more eco-friendly approach which is Proof-of-Stake (PoS) consensus mechanism. “The benefits of PoS outweigh the drawbacks,” commented Electric Coin Company, the firm behind the Zcash. The second-largest cryptocurrency Ethereum is already underway this transition, […]
Project WITH crypto could be one to watch today: here is where to buy it
Project WITH (WIKEN) is a cryptocurrency that surged in value by 160% today, igniting the attention of many crypto investors and traders. If you are planning to invest in Project WITH tokens, or if you just want to find out what all of the fuss is about, this article answers all of the key questions. […]
German Bank to Issue Blockchain Listed Shares, Financial Regulator Approves the Securities Prospectus
German-based WEG Bank AG announced on Tuesday that it had a breakthrough in equity tokenization. And with this, it has become the first company to put all of its shares on the blockchain, as per the company’s announcement. “We have been looking forward to the publication of this company news for a long time,” said […]
Corgidoge explodes with 42,000% daily gains: where to buy CORGI
CORGI’s daily appreciation of 42,000% is eye-watering even by crypto standards. Here’s where to buy the viral meme coin. At the time of writing, Corgidoge (CORGI) has experienced a 42,000% price surge today according to CoinMarketCap. Even in the crypto world, where 100+% rallies are commonplace, an upside move like this will always turn heads. […]
Ethereum Will Outperform Bitcoin As A Transition in Storing Wealth Will Happen Beyond BTC: Pantera Capital CEO
Ether will outperform Bitcoin, said Pantera Capital CEO Dan Morehead at the Reuters Global Markets Forum on Monday. Still, Morehead sees Bitcoin ending 2021 between $80k and $90k, only to rise above $120k within a year. He said that increased mainstream adoption could see BTC soaring to as high as $700,000 in the next decade. […]