High volatility in the crypto space in the past 2 days has made the blockchains unusable. This is especially the case with Ethereum, on which fees have gone through the roof. The average transaction fee is currently at $20; a fee that has never been seen in Ether’s lifetime, as per Blockchair. Hourly transaction fees […]
Category: STO News
Stablecoin Demand Is Going Through the Roof; Exchange Reserves Hit an ATH
Stablecoins dominated 2020 and now they are ready to take over 2021 as well. Last year, the market capitalization of fiat-pegged stablecoins went from just under $5 million to $27 billion. As of writing, the stablecoin market cap has surpassed $30 bln, as per CoinGecko. While Tether (USDT) remains the king of the stablecoins with […]
What is Wrapped Bitcoin wBTC and Why it’s So Important
As of late, there has been a lot of talk regarding wrapped tokens. Specifically, Wrapped Bitcoin (wBTC) continues to surface as one of the prime examples of why wrapping tokens is beneficial to all. The concept of wBTC emerged in a bid to improve Bitcoin’s functionality and usability. Consequently, these tokens help provide more sophisticated […]
5 Must-See Penny Stocks in January 2021
Neither the author, Tim Fries, nor this website, The Tokenist, provide financial advice. Please consult our website policy prior to making financial decisions. Let us not forget that many of today’s S&P 500 stocks were once in the penny range. If you are willing to take an educated risk, biotech stocks in particular show space for growth […]
Bittrex Delisting Privacy Coins Monero (XMR), Zcash (ZEC), and DASH Without Any Explanation
Cryptocurrency exchange Bittrex has announced the removal of privacy coins from its platform after removing XRP markets for its US customers. Monero (XMR), Zcash (ZEC), and DASH are the affected cryptocurrencies. Starting Jan. 15, 2021, 23:00 UTC, BTC-XMR, ETH-XMR, USDT-XMR, BTC-ZEC, ETH-ZEC, USDT-ZEC, USD-ZEC, BTC-DASH, ETH-DASH, USDT-DASH, and USD-DASH would no more be available on the […]
Digital Assets Monthly Report – December 2020 Edition
With 2020 now in the rearview, we can look back upon a year that while tumultuous for much of the world, was a boon to the digital assets. December provided no shortage of news, with big names including companies like Facebook, Ripple, Coinbase, and more making waves – albeit not always for the right reasons. This […]
Bitcoin Price About to Smash $30,000, Leaves Blue Chips in Dust
The latest gains took the combined value of all the bitcoin tokens in circulation past $543 billion for the first time.
UNI Enjoying A Breakout Year; Uniswap Protocol Shares 2021 Roadmap
2020 was an exciting year for the entire cryptocurrency market as we set the stage for a bullish 2021. The decentralized finance (DeFi) market also had a wild year as the total value locked (TVL) in the sector grew 20 fold to surpass $14 billion. In the DeFi space, DEX Uniswap Protocol made waves by […]
Superbowl Prediction Market Goes Live on Derivatives Exchange, FTX
Cryptocurrency derivatives platform, FTX has listed the “National Football Conference Superbowl 2021” (NFC-SB-2021) contracts. The annual championship game of the National Football league is played on the first Sunday in February which this time falls on Feb. 7. FTX is now allowing people to bet on the future of this game. Those residing in the […]
Coinbase Woes Continue with New Class Action Suit and Allegations of Pay Inequality
Continuing Woes As 2021 approaches, industry leading digital asset exchange, Coinbase, continues to experience a series of setbacks and negative events. Only one month ago, we were reporting on system outages, discrimination, and poor reception to political stances being taken by the company. These events now seem a thing of the distant past, as not […]