XEM/USD is struggling to break above $0.21 but could pump to $0.50 around the launch of Symbol (XYM) NEM (XEM) is trading lower on the day, down by about 2.9% as altcoins mirror Bitcoin’s struggles since dipping from highs above $40,000. However, while the immediate outlook for XEM price appears negative, it could lift off […]
Category: STO News
Panic Selling BTC Can Lead to Regret, Here’s How to Avoid It
Neither the author, Tim Fries, nor this website, The Tokenist, provide financial advice. Please consult our website policy prior to making financial decisions. It is a scary thing when you see your hopeful investment plummet in price. That sinking feeling in your stomach is natural, but it is helpful to remind yourself that Bitcoin is still an […]
Blockchain Capital’s BCAP Token Q4, 2020 Results
Blockchain Capital launched the first security token back in April 2017, this was to be the first tokenized venture fund. This STO event raised $10M USD with each token selling for $1.00. Today they announced that the net asset value (“NAV”) of each BCAP token as of December 31st, 2020, is $6.33, based on the […]
USDT Launches on Hermez Network, Bringing Layer-2 Tech to Tether Transactions
Hermez, a layer-two scaling solution on the Ethereum blockchain, has announced its first crypto partnership as it sets its sight on making Tether transfers much cheaper. Batched Transactions Using ZK-Rollups Hermez is a layer-two technology that utilizes ZK-Rollups. The rollups are a layer-two solution that improves scalability in the Ethereum blockchain. They batch hundreds of […]
Cardano (ADA) Passes Polkadot (DOT) As Largest Cryptocurrency Staking Network
Staking is grabbing attention across the crypto market, with investors looking to cash out on greater returns. With the staking sector growing significantly, it appears that Cardano (ADA) is making the most waves in the industry. Mopping up the Staking Market According to data from Staking Rewards, Cardano now has an impressive 69 percent of its […]
Bitcoin on DeFi Ethereum Nearly Halved in Less than 3 Months
The amount of Bitcoin locked in Ethereum has been moving in the opposite direction of the BTC price. During the time Bitcoins’ price surged 228%, the amount of BTC locked on Ethereum through decentralized applications (DeFi) decreased by 54%. With a 22% drop in price over the weekend, BTC on Ethereum saw a slight uptick […]
US Dollar Shows Small Signs of Recovery in Early 2021
Neither the author, Tim Fries, nor this website, The Tokenist, provide financial advice. Please consult our website policy prior to making financial decisions. The US dollar has had some of its most tumultuous months in the past year. Volatility and exchange rates have borne down on it heavily, though recent weeks have been more optimistic. There has […]
Flare Network to Integrate Litecoin Ahead of Its Mainnet Launch; FLR Airdrop to LTC Holders Coming
Flare Networks, a smart contract integration protocol, has announced that it is gearing up to integrate Litecoin. According to an official tweet, the Ripple Labs-backed network will support the Litecoin protocol as part of the lead-up to its launch, which is set for the year’s second quarter. Litecoin Comes to Ethereum Flare said that the Litecoin […]
Millennials Have Spoken: Bitcoin is Their Gold, and Here’s Why
Neither the author, Tim Fries, nor this website, The Tokenist, provide financial advice. Please consult our website policy prior to making financial decisions. With another ATH price reached, Bitcoin finds itself in the service of both the wealthy and the less fortunate. In large part, we can thank millennials for being persistent enough to drive Bitcoin to […]
SushiSwap Captures Bigger DEX Market Share; Lays Down 2021 Roadmap
Decentralized exchange SushiSwap’s native token Sushi has been enjoying an uptrend of 790% since November. The token, which is still 62% away from its all-time high of $12.5 made on Sept. 1st, started climbing upwards today ahead of the roadmap release as announced by the project lead 0xMaki on Friday. Sushiswap actually accounts for 24.4% […]