Yesterday, we managed to get back above $10,800 before President Donald Trump sent the BTC price tumbling by announcing that he broke off the additional coronavirus relief fund negotiations with the Democrat. Unsurprisingly, Bitcoin’s drop of 2% was in tandem with the equity market, which fell nearly 1.8%. But interestingly, it was gold that got […]
Category: STO News
Tether Could Replace Ether Next Year, Despite Ethereum Miners Pushing Network to New Highs
The second-largest network is enjoying immense growth. The average estimated number of hashes per second produced by the miners in the Ethereum network has reached its all-time high, surpassing 250 trillion/second. Ethereum’s hash rate has increased by 80% since the beginning of the year. Back in August 2018, the hash rate found its top after […]
3 Top Stocks Heading into 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. 2020 has been a challenging year for the U.S. stock market, to say the least. The worst is behind us, even if the upcoming months may result in geopolitical events wreaking havoc. While there […]
Bank of Canada outlines risk of digital currencies
The Central Bank of Canada recently released a report highlighting the major security questions surrounding virtual currencies The report compiled by the Bank of Canada underscores the dangers and benefits of using a sovereign virtual currency. According to the Bank, there are several potential risks of the digital currency that need to be dealt with […]
MetaMask Launches A ‘Token Swap’ Feature In the Battle For A Share of the DeFi Market
MetaMask, the ConsenSys backed Ethereum app, introduces a token swap feature, promising the best trading fees in the decentralized finance (DeFi) ecosystem. This aims to take a share of the market from the prevailing decentralized exchanges which used Metamask connection to transfer funds to the trading wallet. At launch, MetaMask will release the ERC-20 token […]
China’s Digital Currency Pilot Project (DC/EP) Hits Over $160M (1.1B Yuan) In Transaction Volume
China’s central bank digital currency project nears launch as its pilot project hits over 1.1 billion yuan (~$162 million) in transactional volumes. The pilot project of the DC/EP project was carried out in major cities across China. First reported by the South China Morning Post, the People’s Bank of China deputy governor, Fan Yi Fei, […]
In a Monumental Shift, Bitcoin Remains Unburdened By Hacks, Arrests, and CFTC Action
As past cryptocurrency exchange hacks taught us, such events exert great force to disrupt Bitcoin’s stability. This time, a massive KuCoin hack and a big governmental reprisal in the form of CFTC charging BitMEX transpired in a short time span. Surprisingly, this did not affect BTC’s value as one would think. Do we owe this […]
Investing In Polkadot (DOT) – Everything You Need to Know
After a bumpy start that included the hacking of 60% of the firm’s ICO funding, Polkadot is finally ready for public usage. This next-generation blockchain brings a host of new functionality and interoperability to the market. Consequently, Polkadot is one of the most anticipated projects in the sector at this time. Here are some of […]
Metamask tops the one million monthly users mark
The DeFi boom witnessed in the past last few months has spurred the popularity of digital wallets, such as Metamask, among crypto users The ConsenSys-developed browser wallet just achieved the one million active monthly users’ milestone. This breakthrough translates to a 400% growth over the past 12 months. The milestone also comes seven months after […]
After Targeting BitMEX, SEC Takes On John McAfee, Who Made Over $23M From Fraudulent ICO Promotions
SEC’s next target, finally, is John McAfee. In just a week, the US Securities and Exchange Commission went after BitMEX, and the 74-year-old software magnate turned crypto bull. McAfee was reportedly nabbed in Spain today and is now facing extradition to the US over charges of fraud for promoting initial coin offering (ICO) and tax evasion, […]
