The USDCa integration allows FPG’s traders to convert funds within seconds into stable tokens on Algorand blockchain.
Category: STO News
With Interest Rates Near Zero, Why Aren’t Savers Flocking to DeFi?
Neither the author, Tim Fries, nor this website, The Tokenist, provide financial advice. Please consult our website policy prior to making financial decisions. With the Federal Reserve printing funds and slashing interest rates, the effects are everywhere. High-yield savings accounts, known for their 1-2% APYs, are seeing drastic reductions. So why aren’t savers turning to DeFi, where […]
On-Chain Data Indexing Platform, The Graph (GRT), Looks to Support Eight New Layer 1 Blockchains
A blog post released on Monday revealed eight-layer 1 technologies being evaluated by The Graph for “potential integration.” The querying and indexing platform launched its mainnet on Ethereum at the tail end of 2020, building a robust and decentralized system on the Inter-Planetary File System (IPFS). Now, the company is shifting its focus to allow […]
Uniswap Hits Over $7 Bln in Weekly Trading Volume & $100 Billion Overall
The popular decentralized exchange Uniswap has hit a milestone of processing more than $100 billion in trading volume in its entire life. Ever since the beginning of 2021, the DEX has been doing more than $5.5 billion per week, which went past $7 billion during the second week of February, as per Uniswap.Info. With this […]
Wall Street Embraces Bitcoin, But is That a Good Thing?
Neither the author, Tim Fries, nor this website, The Tokenist, provide financial advice. Please consult our website policy prior to making financial decisions. When an entire financial system accepts Bitcoin, few people pause to think about the implications amid the bullish celebration. Designed as a countervailing measure against bailouts and Wall Street’s tight control, what does it […]
Cardano’s (ADA) market cap heads back to $28 billion
Cardano’s native token ADA has recorded an impressive run over the last two weeks At the beginning of this month, Cardano was trading at about $0.4. By the end of the first week, this figure had risen to $0.7. In the second week of February, positive trading activity saw its price climb further to almost […]
Booming Crypto Market has Thai SEC Setting Registration Deadline For Digital Asset Managers
On Monday, the Thailand Securities and Exchange Commission (SEC) unveiled numerous announcements that will affect virtual and crypto asset portfolio managers. Beginning February 24, all asset managers and crypto investment advisers will need to apply for operating licenses from the regulator, the Bangkok Post reports. According to the Thailand SEC, a virtual asset investment adviser […]
Grayscale Ethereum Trust Just Bought Over 50,000 ETH in One Day
Neither the author, Tim Fries, nor this website, The Tokenist, provide financial advice. Please consult our website policy prior to making financial decisions. In the coming years, much of social and financial activity will be conducted on blockchains. Boosting each other, Ethereum and Bitcoin blockchains are forming the foundation for the tokenist economy of the internet. Grayscale […]
Canadian Singer, Grimes, Entering the NFT Scene; Volume Jumps 2.6x This Month
Canadian musician and singer Grimes is ready to join the NFT space with her collection WarNymph on digital art platform Nifty Gateway. “Big NFT News: Grimes is coming to Nifty Gateway! She will be dropping the #WarNymph collection on February 28th. This is going to be bonkers. Especially if Elon Musk starts bidding. To the […]
Concentration of Power is the ‘Only Real Issue’ with DOGE says Tesla’s Elon Musk
During this week’s sell-off, the popular Dogecoin has taken the hardest beating among the top cryptocurrencies. The meme cryptocurrency went down to $0.0473, about halving its value from last week’s high above $0.088. As of writing, DOGE/USD has found its way above $0.062, much like the rest of the crypto market, which recovered fast after […]
