Neither the author, Tim Fries, nor this website, The Tokenist, provide financial advice. Please consult our website policy prior to making financial decisions. Robinhood, the globally renowned application for commission-free investing, has recently declared a 15x increase in their number of new monthly crypto traders compared to 2020’s average. The company has published a full-fledged report, titled […]
Category: STO News
Binance Launches Solana (SOL) Staking; Holders Earn Up to 43% APY Paid Daily
The largest crypto exchange in the world, Binance, has launched Solana staking. Users of the exchange now have an opportunity to earn up to 43.79% per year for staking SOL tokens. The high-speed blockchain, Solana, which states it can handle about 65,000 transactions in one second, is designed to work under a proof-of-stake design model. […]
Is Short Selling Leading Retail Traders into a Trap?
Neither the author, Tim Fries, nor this website, The Tokenist, provide financial advice. Please consult our website policy prior to making financial decisions. As the Robinhood—Citadel relationship recently suggested financial rigging, it is time to ask the big questions. Is speculation a sustainable method of developing a prosperous society? More immediately, are retail traders equipped to deal […]
Coinbase Going Public Is A Watershed Moment for the Cryptocurrency Industry
Coinbase Global Inc. has filed with the US SEC for a direct listing on Nasdaq, and it has the crypto market excited, and the traditional markets are taking notice, as the financial statements of the company revealed that the exchange has been making a lot of money. Interestingly, a good majority, 85% of the 130 […]
1Inch Decentralized Exchange to Transition to Binance Smart Chain as Ethereum Exodus Begins
1Inch, a decentralized exchange (DEX) built on the Ethereum blockchain, has become the highest-profile project to join Binance’s new Smart Chain. Yesterday, the exchange confirmed that it had moved to the Binance Smart Chain (BSC), marking what could be a broader move away from the leading blockchain network for decentralized finance (DeFi) protocols. Exploring New […]
Interview: TradeZero Exec Details $GME Battle with Clearing Firm
Neither the author, Tim Fries, nor this website, The Tokenist, provide financial advice. Please consult our website policy prior to making financial decisions. Daniel Pipitone is a co-founder of TradeZero. As a platform with tools and technology specifically designed for short selling, TradeZero is largely considered one of the top brokers to short stocks. Naturally then, Dan […]
Top crypto assets endure a tough week as DeFi blooms
Square made the headlines this week after splashing funds in another Bitcoin purchase as most crypto coins sunk Ethereum (ETH) falls off a weekend peak above $2,000 Ethereum bulls failed to sustain the upward momentum for the token, which ended up struggling after coming off last week with a record high of $2,036. The token […]
Tether’s USDT Market Cap Sets New Record Above $35 Billion
Year-to-date, the token added $14 billion, which is greater than the combined market capitalization of all rival stablecoins.
Canadian Financial Institution Launches World’s First Stablecoin Backed by Bank Deposits
Canadian-based bank, VersaBank, announced the launch of its digital stablecoin, VCAD, which is backed 1:1 by Canadian dollar bank deposits by the bank. VersaBank, a North American banking leader in B2B digital payment solutions, announced its plans to launch VCAD, the “world’s first digital currency backed by a North American bank deposits”. The stablecoin aims […]
Coinbase, Valued at $100B, is Latest to Announce BTC on Balance Sheet
Neither the author, Tim Fries, nor this website, The Tokenist, provide financial advice. Please consult our website policy prior to making financial decisions. One of the most trusted digital asset exchanges in the world, Coinbase, in a blog post yesterday, announced that it holds BTC as an asset on its balance sheet. Crypto-industry experts are considering this […]
