Yearn.Finance’s Andre Cronje is back with his ranting part 2, and in this therapeutic round, the developer has mostly the bad parts of decentralized finance (DeFi) to share. In another brutally honest “rant,” Cronje advises not to be a developer in the DeFi space unless you are a “sick masochist,” but to be a “shitcoin trader” […]
Category: STO News
US Banking Regulator Gets Ready for DeFi, But the Roller Coaster Continues with Acting OCC Facing Exit
Brian Brooks, the US acting Comptroller of the Currency (OCC), gave the crypto market another reason to be excited as he wrote about Decentralized Finance (DeFi) requiring 21st-century regulation. “This piece on DeFi from @BrianBrooksOCC is one of the most insightful takes on crypto regulation I’ve ever seen. Quite remarkable coming from a high-ranking official. […]
Altcoins poised to rally as next impulse wave targets $550 Billion
Analysts predict a major upside swing for major altcoins as BTC dominance decreases Altcoins could be marching towards a bull run as Bitcoin (BTC) looks to stabilise above $30,000. The bullish outlook for altcoins is likely given most of the top 20 alts remain grounded, even after Bitcoin’s recent dumps. Ethereum (ETH) has, for instance, […]
Why Bitcoin dropped to $30,000 and where it’s headed next
The pioneer cryptocurrency incurred significant losses between 10th January and 11th January. While the correction can be regarded as one of the most significant price drops in BTC’s recent history, whales appear to have bought the dip in hopes of prompt recovery Bitcoin Crashes After an Impressive Bull Run Bitcoin entered an impressive 330% bull […]
Blockstream’s Liquid Federation Adds New Members; 59 Crypto Companies In The Network
Blockstream has expanded the membership of its federated Bitcoin sidechain to 59 members by adding 6 members. The members include fintech-focused broker Watchdog Capital, Bitcoin-native financial service provider Vulpem Ventures, Liquid swap infrastructure provider SideSwap, Infrastructural privacy developer Nym Technologies, digital asset custody firm Komainu, as well as Bitcoin wallet app Coinos. Increased interest in […]
Blockchain Startup Conflux Gets Funding From the Shanghai Government
Blockchain company Conflux has announced it received funding from the Shanghai government to aid its public chain research. This fund support is a massive boost for the company, as it’s evidence that the Chinese government is strongly behind the company’s permissionless blockchain project. The Chinese government supports developing a permissioned blockchain, so it’s a surprise […]
South Korean Conglomerate, NEXON, Denies Reports Linking It to The Sale Of Bithumb Exchange For $460M
According to reports, Bithumb crypto exchange will continue looking for a buyer for a bit longer after South Korean gaming conglomerate NEXON Co. Ltd. denied any connections to the purchase. A spokesperson from the company stated, “Nexon has not invested or acquired Bithumb and has no plans to do so.” The email sent by the […]
Grayscale Reopens Deposits for New Investors In Its Crypto Trusts; Excludes Ethereum & XRP
Grayscale Investments is gearing up for a healthy 2021 as it finally reopens most of its investment trusts and allows deposits. According to an update on the company’s website, clients can now deposit funds into its Bitcoin Investment Trust and the Digital Large Cap Fund Trust. All Systems Go As the update shows, the Grayscale Ether Trust […]
What it Means: BTC Futures Volume Sets Record in December 2020
Neither the author, Tim Fries, nor this website, The Tokenist, provide financial advice. Please consult our website policy prior to making financial decisions. Bitcoin’s price surge in the last month surprised even the most optimistic crypto-enthusiasts. In fact, it even overshot the S/F model’s price projection. The recent price correction doesn’t represent a great concern for HODLers, […]
Fat-BTC Review 2021: What is the Fat-BTC exchange?
FatBTC is a cryptocurrency exchange that was founded in 2014 in the Seychelles. The exchange offers a large range of cryptocurrency offerings. The platform features its own native token FAT, which can be used on the exchange for reduced fees and network costs — similar to how Binance has its own BNB coin for the […]
