Neither the author, Tim Fries, nor this website, The Tokenist, provide financial advice. Please consult our website policy prior to making financial decisions. Chock-full of expenditures across multi-thousand tomes, the second stimulus bill is a challenge to sift through. The most important part though is that it delivered the direct checks, cut in half from the first […]
Category: STO News
SEC Seeks $2 Million Fine from Unregistered ShipChain ICO
The token sale raised $27.6 to develop a blockchain-based shipping container tracking system.
Russian Politician Anticipates Cryptocurrency Issuance Surge in 2021
The Head of the Russian State Duma Committee on financial markets expects token releases to reach a record-high next year.
Ripple Expects SEC to Sue Over Securities Status of XRP
In a surprise announcement, Ripple CEO, Brad Garlinghouse, has stated that the SEC is preparing to announce a lawsuit against the company. This lawsuit will be based on the SEC’s belief that XRP tokens should be classified as securities – as such, Ripple should be responsible for their unregistered issuance. Odd Timing While this announcement […]
Coinbase Pre-IPO Contracts Now Trading on FTX, Price Surged 145% Within an Hour
Crypto derivatives platform FTX has now listed Coinbase’s pre-IPO contract with ticker CBSE. Unlike tokenized stocks but much like Airbnb’s Pre-IPO contracts, they track the market cap of Coinbase. These contracts are tradeable with up to 5x leverage. CBSE balances will be converted into the equivalent amount of Coinbase Fractional Stock tokens at the end […]
The Graph’s GRT Pumps and Dumps Following the Crowd Euphoria & Listing FOMO
The price of GRT skyrocketed more than 650% to $0.77 in a matter of a couple of days, thanks to the crypto exchanges’ FOMO. As we reported last week, the mainnet of the indexing protocol The Graph (GRT) went live, which helped push up the token prices. The indexing protocol and global API for organizing […]
Ripple’s Trump Card in The SEC’s Lawsuit Against XRP is China
Ripple said on Monday that the Securities and Exchange Commission (SEC) is planning to file a lawsuit against the company over the alleged sale of unlicensed securities, XRP. According to Ripple CEO Brad Garlinghouse, the case will also be naming him and co-founder Chris Larsen as defendants. Garlinghouse took to Twitter on Monday to share this […]
XRP dumps below $0.48 as SEC plans lawsuit against Ripple
Ripple (XRP) price plummeted nearly 17% after news reports that the US SEC was considering suing the company XRP has declined sharply over the past 24 hours, losing nearly 17% of its value against the US dollar at the time of writing. The Ripple token currently trades around $0.46 and could tank even further if […]
Options Trading Surge Continues with 175% Increase in Q4 2020
Neither the author, Tim Fries, nor this website, The Tokenist, provide financial advice. Please consult our website policy prior to making financial decisions. Across the board, options trading volume has increased almost as much as stock trading. For beginners, options represent a more intimidating investment venture. However, for veteran daily stock traders, they have their own unique […]
DeFi is the ‘Frontier’ to Make a Few Good Decisions and End Up Rich: AngelList Founder
AngelList founder Naval Ravikant has been pretty vocal about his love for Bitcoin and Ethereum. But these two largest cryptos are not the only digital assets Ravikant in favor of; he has about the same kind of love for decentralized finance (DeFi) as well. As we reported last month in his AMA session on Twitter, […]
