Neither the author, Tim Fries, nor this website, The Tokenist, provide financial advice. Please consult our website policy prior to making financial decisions. In the interim between the election outcome and inauguration, many outgoing administrations try to leave their lasting mark. This time, US Treasury Secretary Steven Mnuchin takes his mask off as he proposes rules that […]
Category: STO News
Binance Coin (BNB) surges amid talk of accelerated coin burn
Binance Coin (BNB) traded higher, touching $36.79 before profit-booking put breaks on the uptrend which was likely kick-started by the suggestion of a potential major coin burn. Binance Coin saw a local high of $36.79 after Binance CEO tweeted that his team had discussed a program aimed at accelerating the network’s coin burn program. BNB’s […]
ETH Gas & Bitcoin Fees Insanity Rear its Ugly Head Again Amidst Market Uptrend
As the price of cryptocurrencies keep its gains and, in some cases, rally, it is becoming costly, yet again, to use the two largest blockchains. First things first, the fees are nowhere near the levels recorded during the bull market’s height, but still, it is getting pretty ramped up. The average transaction fees on the […]
Bitcoin OTC Indicators Point to Ongoing Institutional Buying, And This Means Only One Thing
Bitcoin is holding firmly to its gains made during the wild rally of 4Q20. Trading above $24,000, yes, another all-time high on the weekend, with $4.7 billion in ‘real’ volume, BTC/USD is up 230% this year. Despite these substantial gains, bitcoin is not looking like it will correct anytime soon. Many are expecting the digital […]
The Best Hardware Wallets to Keep Your Crypto Safe in 2021
Learning how to keep your crypto safe using hardware wallets is step one in becoming an experienced cryptocurrency investor. Investing in blockchain projects is fun and profitable, but only when done correctly. Critically, there are some inherent differences between cryptocurrencies and other investments that it would benefit you to understand. Primarily, you are solely responsible […]
SNX Price to Uptrend Past $2,000 & Reach 3x Ethereum’s Current Market Cap: Report Predicts
DeFi bluechip Synthetix (SNX) is one of the biggest gainers of 2020, with more than 863% YTD. With a $707 million market cap, SNX is the 40th largest cryptocurrency trading at $6.32. However, according to the latest report, the DeFi token has a potential to go 364x from here that would take the digital asset’s […]
FinCEN’s Crypto Rule Is The “Definition of Bad Regulation;” Market’s Lack of Reaction Is Bullish
The Financial Crimes Enforcement Network (FinCEN) issued its new proposed rule extending anti-money laundering (AML) regulation to non-custodial wallets on Friday. Under the latest proposed rules, banks and money service businesses that involve exchanges and custodians would be required to keep records and verify the identity of customers transacting greater than $3,000. For those above […]
USD Reaches 9-Month Low Amid Rising Economic Disruption
Neither the author, Tim Fries, nor this website, The Tokenist, provide financial advice. Please consult our website policy prior to making financial decisions. Multiple factors are working against the dollar’s strength. Biden’s trade policies not being as aggressive as Trump’s increased the negative slide, but lockdown-induced uncertainty continues to rupture the road to recovery. Meanwhile, social safety […]
Here’s Why Coinbase Exchange IPO is ‘Huge’ News for the Crypto Market
The largest cryptocurrency exchange in the US, Coinbase, announced Thursday that it had filed confidentially with regulators to go public. It did not specify whether the exchange plans to go with an initial public offering (IPO) or other listing routes. The day Coinbase divulged the information, the Bitcoin price also hit a new record of […]
Decentralized Protocol, Graph, Mainnet Goes Live; Coinbase Lists GRT For Trading
The day The Graph mainnet went live, Coinbase also listed the network token. On Thursday, the San Francisco-based cryptocurrency exchange announced support for The Graph (GRT) at Coinbase.com. Coinbase customers can now buy, sell, convert, send, receive, and store GRT. The token available in all Coinbase supported regions except for New York State is also […]