FTX seeks to sell $744 million in Grayscale and Bitwise assets amid its bankruptcy proceedings. The asset sale aims to prepare for creditor payouts and minimize price volatility risks. FTX founder Sam Bankman-Fried was recently found guilty of all the charges that had been levelled against him. In a move to address its financial obligations […]
Category: STO News
Binance, Morgan Stanley, Kraken and More: Executive Moves of the Week
In this week’s financial executive moves, we see a lot of pickup in the forex, crypto, and fintech industries. This consists of Nomura Europe’s CEO change, Revolut’s UK CEO appointment, CFI promotions, Exegy’s CRO, XS.com’s support manager, Go Markets’ director addition, Blueberry Markets’ new hire, Kraken’s UK MD, and Morgan Stanley’s new CEO. Let’s review […]
New Memecoin Crypto Has Minted Millionaires: Is Memeinator Next?
The new crypto bull run is here. Bitcoin price has skyrocketed from last year’s low of $14,900 and is now comfortably above $35,000. Ethereum is nearing $2,000 while the total market cap of all digital currencies has surged to over $1.3 trillion. There are two primary drivers for the ongoing crypto bull run. First, the […]
The Fed may be done hiking: Time to buy Shiba Memu?
The biggest stories of this week were the Federal Open Market Committee (FOMC) meeting on Wednesday followed by the US non-farm payrolls (NFP) data on Friday. These two events set the tone for what could be the next bull run in the crypto and stock market. FOMC and US NFP data The Federal Reserve concluded […]
Could This Crypto Be The Answer To Curing BNB and Polygon Holder Losses in 2023
TLDR NuggetRush offers a lifeline for BNB and Polygon losers with its P2E gaming and zero tax benefits. Diversify your crypto portfolio with skill-based P2E gaming to cover up your losses. It’s better to invest in cryptocurrencies that offer real money making opportunities like NuggetRush. Do you have BNB and Polygon in your portfolio? Well […]
Yuga Labs and Magic Eden announce new Ethereum NFT marketplace to protect creator royalties
Yuga Labs and Magic Eden plan to launch the new Magic Eden ETH marketplace before the end of 2023. The startups claim this will be the first major Ethereum marketplace “contractually obligated” to protect creator royalties. Yuga Labs CEO Daniel Alegre says the new ETH marketplace is a win for the web3 ecosystem. Yuga Labs, […]
Bitcoin May Be The Biggest Crypto, But Is This The Best?
Bitcoin (BTC) has long been the most recognizable and dominant player in the cryptocurrency world. BTC started it all and has consistently maintained its position as the gold standard. As the crypto universe expands, new competitors emerge, each with a unique proposition. Among these rising stars is InQubeta (QUBE), an AI-powered cryptocurrency that reverberates with […]
Vida Markets Expands Trading Horizons: MT4 and MT5 Access Now Available
The global brokerage firm Vida Markets is offering dual access to the MT4 and MT5 platforms. This update is a leap toward reshaping how the clients of the broker engage with the markets. This offering includes a charting toolkit, which the company mentioned that it enables traders to adapt to the dynamic financial landscape. Vida […]
These Three Dow Jones Stocks Are Worth Watching in November
Neither the author, Tim Fries, nor this website, The Tokenist, provide financial advice. Please consult our website policy prior to making financial decisions. Originally launched with 12 stocks in 1896, the price-weighted Dow Jones Industrial Average (DJIA) has since expanded to 30 blue chip pillars. These companies represent the US economy in all sectors except transportation and […]
Tradeweb’s October Average Daily Volume Jumps 66%, Driven by Market Volatility
The US-based electronic marketplace Tradeweb Markets reported a total trading volume of $37.2 trillion in October 2023. Its average daily volume (ADV) was $1.75 trillion, marking a staggering increase of 66.3% year-over-year (YoY). This record-breaking volume was fueled by expanding participation from various client sectors and sustained market volatility, partly driven by high-interest rates. The […]