In another iconic 2020 multi-asset sell-offs to start this fragile week, bitcoin went down to nearly $10,300 level after losing almost 8% of its value yesterday. The leading digital asset is currently trading around $10,450, a level seen earlier last week, with ‘real’ volume keeping under $2 billion. As trader Cole Garner notes, “25-35% retraces […]
Category: STO News
Ethereum price analysis: Bulls aiming for $350 after 7% dip
As BTCUSD holds the $10,000 level, the second-largest cryptocurrency Ethereum looks to follow suit with bulls defending the key area around $330. Over the past 24 hours, the Ethereum token has faced huge volatility amid heavy selling to see prices slip nearly 13% since the start of the day Monday. Overall, ETH/USD is almost 17% […]
How Ethereum Poses Legitimate Problems to DeFi’s Potential
Neither the author, Tim Fries, nor this website, The Tokenist, provide financial advice. Please consult our website policy prior to making financial decisions. Crypto enthusiasts are all too familiar with the problem of blockchain scaling. In particular, the Bitcoin scalability problem — highlighted by the fact that PayPal transfers funds faster to your bank account. Likewise, the […]
Cream Finance Announces AMM, creamY, with Several Innovations that ‘Make it Stand Out’
Cream Finance has introduced an automated market maker (AMM) which focuses on low slippage and fees of stablecoins. Combining Curve’s very low cost and very high-efficiency feature and Balancer’s updatable for addition or removal of an asset from the pool — unlike Uniswap or Curve pool, which are immutable — creamY has created a “dynamically […]
Investing in NEO -Everything You Need to Know
NEO is one of the top cryptocurrencies in the world. This coin managed to capture the imagination of the Asian markets, even during times of regulatory uncertainty. Today, the NEO ecosystem is more vibrant than ever thanks to the hard work of developers and participation from the community. What is NEO? NEO is a non-profit […]
3 Stocks to Hold Forever and Rake in the Dividends
Neither the author, Tim Fries, nor this website, The Tokenist, provide financial advice. Please consult our website policy prior to making financial decisions. In addition to tech blue-chip stocks to hold unto retirement, these three represent excellent options to fortify your “stocks to hold forever” portfolio. All three facilitate essential needs that will not go away unless […]
Are Investors Flocking to Bitcoin and Gold as a Hedge Against Uncertainty?
Neither the author, Tim Fries, nor this website, The Tokenist, provide financial advice. Please consult our website policy prior to making financial decisions. The global economic outlook was shaky before the COVID-19 pandemic as investors had been moving towards gold as a hedge against uncertainty. Now, this behavior has been amplified, and investors are flocking to gold […]
Kraken Becomes First US Licensed Digital Asset Bank
Popular digital asset exchange, Kraken, has been given the green light to form a ‘Special Purpose Depository Institution (SPDI)’. This designation will allow for Kraken to develop a new entity, known as Kraken Financial, which will act as a chartered bank offering comprehensive digital asset services such as deposit-taking, custody, and fiduciary services. “Kraken’s vision […]
3 Cheap Tech Stocks Thriving in the Post-Corona World
Neither the author, Tim Fries, nor this website, The Tokenist, provide financial advice. Please consult our website policy prior to making financial decisions. After the market correction two weeks ago, tech stocks continue to rally, demonstrating their resilience. Largely shielded from the cascading coronavirus fallout, many tech stocks thrive under the “new normal”. While the big, blue-chip […]
3 Top Airline Stocks to Buy as the Industry Rebounds
Neither the author, Tim Fries, nor this website, The Tokenist, provide financial advice. Please consult our website policy prior to making financial decisions. Airline stocks are a peculiar bunch in the stock market, and even more so during a time like the COVID-19 pandemic. It cannot be accurately predicted when air travel will return to pre-pandemic levels […]
