While known for its prowess in the gaming industry for its powerful line of graphics cards, the Chipmaking powerhouse Nvidia has hinted at a possible restart in the production of Graphics Processing Units (GPUs) specifically for cryptocurrency miners. During her time attending an event on Jan. 12, Nvidia Chief Financial Officer Colette Kress alluded to […]
Category: STO News
YFI Flippening Happening Again as Yearn 2.0 Goes Live
YFI is back into action. The blue-chip DeFi token surged above $40,000 today and is currently trading around $38,000. Earlier this month, the token was trading at $20,000. With this latest price action, one YFI is now again worth 1.05 BTC as the leading digital asset trades range-bound around $36k. While Bitcoin is currently in […]
Winning Big: Trader Makes Over $57M Through Bitcoin Options
Neither the author, Tim Fries, nor this website, The Tokenist, provide financial advice. Please consult our website policy prior to making financial decisions. The market was hit with the news that a trader turned $638,000 into $58.2 million in Bitcoin options. This is an uncommonly high return, even in the cryptocurrency market. Massive Bitcoin Options Call Explained […]
AC Milan to Launch ACM Crypto Token for Fans
The Italian club has partnered with Chiliz to launch a fan token on socios.com.
Ripple price analysis: XRP hints at a massive breakout to $0.40
Ripple (XRP) could break above $0.30 and rally higher, with bulls likely to target $0.40 in the next wave XRP has traded sideways for the last few days, with its lack of meaningful upside action allowing Polkadot (DOT) to overtake it as the fourth-largest cryptocurrency by market cap. Ripple’s underperformance since the SEC filed a […]
Binance Coin trading above its ATH as 14th burn draws near
Binance Coin has pushed above its record price following a price surge in the last 72 hours Binance token (BNB) enjoyed a steady run over the weekend transcending its previous all-time high. This happened as the chief executive at Binance confirmed that the 14th burn would happen early this week. Cutting above its ATH Binance […]
DeFi Season in Full Swing; Blue Chip Tokens Climbing Up the Ranks
DeFi tokens exploding yesterday with Cream (55.5%), SYN (55%) MTA (46%), 1inch (34%), AAVE (28%), bzrx (26%), SWRV (24%), UMA (22%), and UNI (21%) leading the market. This had the total value locked (TVL) in decentralized finance (DeFi) at a new ATH above $23.85 bln, DeFi Pulse. Meanwhile, the market cap of the top 100 […]
Optimistic Ethereum Finally Soft Launches Mainnet; Synthetix (SNX) Staking Goes Live Too
Just at the beginning of this week, average fees on Ethereum skyrocketed to a new high. This was just one of many such huge spikes in the fees the network has been seeing since last year, especially after decentralized finance (DeFi) gained momentum in the second half of 2020. Amidst “undeniably insane” demand for Ethereum, […]
Kraken Halts XRP Trading; DOT Replaces the Digital Asset as 4th Largest Crypto Asset
Cryptocurrency exchange Kraken has become the latest platform to halt XRP trading for US residents from January 30, 2021, at 1:00 UTC due to SEC filing against Ripple Labs. For those users residing in other countries, XRP markets will continue to operate uninterrupted. US residents with open XRP spot positions on the margin on Kraken […]
Bitcoin Is Weathering A Lot of FUD This Week; What’s the Market Saying?
This week, Bitcoin is fighting several ‘fear, uncertainty, and doubt’ all at the same time. The week started on a red note, as the price of the digital asset declined by 28.5%, and the market got a buy the dip opportunity. On the downside, $30k is of importance, whose breach could trigger “could trigger a […]
