On the heels of Van Eck re-filing with the Securities and Exchange Commission (SEC) for a Bitcoin based ETF, we have been greeted with various bits of related news coming from the Great White North – Canada. The following are a couple examples, highlighting growth being seen in these products. $1 Billion In less than […]
Category: STO News
Fireblocks Introduces Crypto Staking for Institutional Investors; Ethereum, Tezos and Polkadot
Fireblocks wants to help institutional investors access crypto staking opportunities. The company’s institutional focus comes at a time when interest in crypto is high. Digital asset security platform Fireblocks has been working over the past year to improve institutional access to cryptocurrencies. Following the success in decentralized finance (DeFi) and more, the company is now […]
Ripple to Hire Managing Director For RippleNet Payment Network in Europe
Blockchain firm Ripple, who is facing legal battles with SEC, has posted a vacancy to fill a managing director position. According to the job posting, the ideal candidate will manage its cross-border payments network in Europe. The firm wants to expand its presence in the European market and is seeking a qualified individual to be […]
Crypto Custodian, Gnosis Safe Is Now The 4th Largest Ethereum Wallet Address; Adds 1.5M ETH In A Day
In a tweet sent out on Thursday, Gnosis Safe, an Ethereum digital assets custodian, confirmed over 1,500,000 ETH (~$1.8 billion) was added to their safe on Jan 14. This brings the total amount of ETH stored on Gnosis wallets to slightly above 2% of the total supply of ETH. Make that 2-2.5% of the ETH […]
Over 82,000 Bitcoin Addresses Are Now Valued at More Than $1 Million
Neither the author, Tim Fries, nor this website, The Tokenist, provide financial advice. Please consult our website policy prior to making financial decisions. Who would have thought that belief in the power of once-fringe innovation could churn out so many millionaires in a single decade? Taking note of this trend, it would be wise to remember why […]
Paxos Teams Up With Chainlink To Boost Adoption Across Defi Markets
New York-based Paxos, a stablecoin custodian, and issuer, is set to integrate Chainlink, a decentralized oracle network. The partnership between the two aims to overhaul Paxos’ role in DeFi markets, allowing users to expand their asset-backed stablecoins – Paxos Standard (PAX) and Paxos Gold (PAXG). According to the announcement from the Paxos team, the stablecoins […]
Cosmos price analysis: bullish bias points ATOM towards $10
Cosmos (ATOM) price could jump to $10.00 if bulls manage to keep prices above the upper limit of an ascending parallel channel Cosmos is among a handful of altcoins trading double digits on the day as they target new highs. Polkadot (DOT) has also surged by more than 30% to cut above $14.00, while ChainLink […]
Grayscale Investments Buys 2,170 BTC, No ETH Yet While Dissolving XRP Trust Altogether
So, it has started! After closing access to its products and not making a single purchase since Christmas, the world’s largest crypto asset manager has set things in motion again. This week, Grayscale Investments opened the business again for new investors and started it by adding 2,170 BTC, worth about $83.5 billion at a current […]
A Call for the Cryptocurrency Industry to Reject Extremists
It is undeniable that Bitcoin has a dark history, in 2019 alone over $1 billion in Bitcoin was spent on the dark web. These funds were used for many purposes, in some cases it was drug trafficking, in other cases child porn, and in some extreme cases hiring hitman such as a case in California […]
Crypto Market Is Not Interested in Owning Bakkt Stock; Coinbase Is the Real Deal Making Money
This week, Intercontinental Exchange owned Bakkt announced that it is going public amidst the increasing demand for Bitcoin and cryptocurrencies. As we reported, Bakkt will go public through a merger with blank check firm VPC Impact Acquisition Holdings, giving it a $2.1 billion valuation. Backed by Microsoft and Boston Consulting Group, this deal will provide […]