As WallStreetBets and Wall Street suits’ battle intensifies, the crypto industry reaps the benefits while providing the perfect solution for retail traders. Cryptocurrency trading platforms are enjoying a jump in traffic and user signups since Robinhood suspended trading on highly volatile assets, resulting from the platform having a cash crunch. “All the new users rushing […]
Category: STO News
Grayscale Is Now Eyeing The DeFi Sector for its Institutional Clients
The world’s largest digital asset manager, Grayscale Investments, is not only focused on buying Bitcoin faster than it is being mined, but it is also ready to storm into other crypto assets as well. This time, Grayscale’s focus is on the booming decentralized finance (DeFi) sector. As per the latest filing, made on Jan. 27, […]
Robinhood Insider: White House, Sequoia Capital Made ‘The’ Call to Robinhood
Neither the author, Tim Fries, nor this website, The Tokenist, provide financial advice. Please consult our website policy prior to making financial decisions. This is a breaking story surrounding events related to Robinhood placing restrictions on GME and other stocks. The Tokenist will update this story as new information is made available. By now, everyone is well […]
The Hypocrisy with GME: What’s Really Happening Behind the Scenes
Neither the author, Tim Fries, nor this website, The Tokenist, provide financial advice. Please consult our website policy prior to making financial decisions. GameStop counter short-selling seems to have coalesced into a wider social phenomenon, tapping into the wide and deep pool of income inequality. As other stocks become the target of short squeezes, institutional response rises. […]
Here’s What Makes Up Billionaire Mark Cuban’s Sh*tcoin Portfolio
The billionaire owner of the Dallas Mavericks, Mark Cuban, has started to warm up to Bitcoin and altcoins publicly after calling them worth less than a banana and baseball cards. In January, he likened crypto trading to the internet stock bubble, further adding that much like gold, crypto is “supply and demand-driven.” One of the […]
Reddit Partners with Ethereum Foundation to Create Scaling Solutions on Its Social App
Reddit partners with the Ethereum Foundation to scale its “Community Points Rewards” system. The points system rewards quality user posts with crypto tokens. The new system will be open source and available for every developer to use. In mid-June 2020, Reddit announced a possible partnership with the Ethereum Foundation to scale its ‘Community Points Rewards’ […]
As DeFi Grows, Do Institutional Investors See ETH as Store-of-Value?
Ether is growing. But, does a higher token value mean that Ether is a ‘store-of-value’ asset like Bitcoin?
Fintech Startup Token Raises $15 Million in Series B Funding
The latest funding round was backed by SBI Investment and Sony Innovation Fund.
GameStop Again: Other Stocks with Continued Short Interest
Neither the author, Tim Fries, nor this website, The Tokenist, provide financial advice. Please consult our website policy prior to making financial decisions. The stock market has been hit with an unusual story in recent weeks, one that has both amused and frustrated. For those unaware, a group of mostly young investors have come together to push […]
Top VC’s Including Coinbase, Galaxy Digital & Pantera Inject $25M into Terraform Labs
Stablecoin e-commerce creator Terraform Labs recently concluded a $25 million funding round that features Coinbase Ventures, Galaxy Digital, Pantera Capital, and other companies. The Singaporean-based crypto and tech startup has successfully penetrated the South Korean market and wants to expand its operational capacities with the funding. Founder and Chief Executive Officer of Galaxy Digital, Michael […]
