After ending the market on a high note last week, this new week is seeing another good start. What started as a not so pleasant Monday with Bitcoin losing about $200 turned out to be a green one with the digital asset going for $11,550. “Some technical overhead resistance right now and a CME gap […]
Category: STO News
The Most Anticipated Token is Gearing Up for its Launch This Week
In anticipation of the mainnet launch, Filecoin, which aims to be a decentralized storage network, has entered its lift-off week. First released in mid-2014, the community is eagerly awaiting the Filecoin launch. In August 2017, the project had raised over $200 million within 30 minutes during the last bull run. And now, as the crypto […]
REN’s daily active addresses leap to seven-day high
Ren (REN) price rose 25% on Sunday to hit highs of $0.493 as active addresses also jumped to a seven-day high Ren’s native token, REN, is facing increased downward pressure and has not been able to sustain the upside momentum seen over the weekend. The cryptocurrency surged by more than 25% in 24 hours as […]
DeFi grows 197% in Q3 as trading volumes increase by $155BN
The combined trading volumes of cryptocurrency exchanges were up by $155 billion in the third quarter of 2020 The total trading volumes of cryptocurrency exchanges in the third quarter of 2020 were up by 88% as the sector boomed from the DeFi hype. According to a report by Coingecko, the trading volumes of crypto exchanges […]
As 75 Exchanges Shut Down in 2020, Will DeFi End Centralized Exchanges?
Neither the author, Tim Fries, nor this website, The Tokenist, provide financial advice. Please consult our website policy prior to making financial decisions. 2020 has been a wild year for all financial markets. This is doubly so for the cryptocurrency market because it gains its first real test as a hedge. This tumultuous year has put exchanges […]
World’s Largest Custodian Pursues DeFi Project to Change its Brand Name
BNY Mellon, the world’s largest custodian and asset services company with nearly $2 trillion in assets under management (AUM), asks the decentralized assets management project Melon Protocol to change its brand name. “BNY Mellon has deployed a team of lawyers to pursue taking the Melon name away from our community,” shared the project on Twitter. […]
Beyond DeFi: What Do Non Fungible Tokens Imply?
Are Non Fungible Tokens really the next big thing?
What the Painful DeFi Correction Did, Actually Good For the Market?
The DeFi ecosystem started to recover this week thanks to Bitcoin’s positive momentum that drove the crypto market upwards. While the likes of YFI, SUSHI, UNI, CRV, RUNE, BAL, and KNC are experiencing mild losses today, less than -5%, considerable gains are recorded by UMA (+32%), AST (-28%), MFT (+27%), and AKRO (+24%) with less […]
Bitcoin Indicators Following the Same Trajectory They Did Before the 2017 Bull Run
Since Square’s Bitcoin investment news broke out on Thursday, the digital currency has been chasing higher levels. The first bust of momentum saw us reaching for $11,000, the second one breaking it, and then we went nearly to the $11,500 level. At the time of writing, BTC/USD has been trading around $11,300, back to early […]
4 Top Penny Stocks on Robinhood Right Now
Neither the author, Tim Fries, nor this website, The Tokenist, provide financial advice. Please consult our website policy prior to making financial decisions. Penny stocks can be lucrative for those who take the time to do their research. Many of today’s stocks were once low-valued stocks themselves. Those who managed to purchase those stocks early are doing […]
