The cryptocurrency market has recorded huge losses in recent months and some experts believe there is more destruction on the horizon. Blockchain.com CEO Peter Smith believes that there is more destruction to come in the cryptocurrency space. He said this while commenting on Terra’s recent collapse. During an interview with CNBC, Smith said more destruction […]
Category: STO News
Highlights May 20: Major cryptos in the green, KNC outperforms the rest
The crypto market as a whole is bullish with most top 100 coins in the green at the time of writing. Top cryptos Bitcoin didn’t have much to be happy about on Thursday. The largest cryptocurrency was fighting to remain above $30,000, way below where it was trading less than a month ago. The flagship cryptocurrency is doing well today, as are other major altcoins. It was recently changing […]
Kadena Makes a Strong Recovery Despite Flopped KDSwap Launch
Layer one networks recorded notable dips yesterday, and Kadena (KDA) reported a double-digit loss. However, the token has recorded a strong recovery, having gained 12% during the past 24 hours. The recent recovery comes as the crypto market rebounds from previous lows. The cryptocurrency market cap has reclaimed the $1.3 trillion mark. With Bitcoin being […]
NFT traders increasingly flocking to Solana
Solana NFTs saw $295 million in volume during April Integration with OpenSea has boosted entire ecosystem Near-zero gas fees and low barriers to entry mean new NFT traders increasingly flocking to Solana Not Okay Bears derivative on Ethereum highlights how far Solana has come NFTs exploded onto the scene in 2021, with $17 billion […]
Ripple commits $100M towards scaling climate-focused innovation
Ripple has announced it has committed $100 million in funding towards blockchain innovation meant to scale carbon removal. The funding, which will go into companies in carbon markets, is also earmarked for climate-focused fintech startups, Ripple said on Thursday. According to the press release, the funds will also go into Ripple’s portfolio of programs targeted […]
Top 13 Altcoins with Low Market Cap and High Potential to Keep an Eye on
The crypto market has officially hit 19,500 active cryptos at the time of writing, May 19th, 2022. In other words, there are nearly 20,000 cryptocurrencies to choose from, and investors’ job is to find the best one to buy now and profit from them later on. The best way to go about it would, of […]
Libera Foundation raises investment to start the supply chain revolution using Web 3.0
Dubai, UAE, 19th May, 2022, Chainwire Libera Foundation, a first of its kind data acquisition platform for Emerging Markets, has successfully secured an investment from GAINS Associates to support the launch of their new product, which will change the supply chain industry. The Libera Foundation introduced an innovative data acquisition app based on the […]
Robinhood launches non-custodial Web 3.0 wallet with NFT compatibility
Robinhood, a popular trading platform, has announced the launch of its own non-custodial Web 3.0 wallet that will have non-fungible tokens (NFTs) compatibilities allowing users to connect to NFT marketplaces. See you on the other side https://t.co/qonXj80BEB pic.twitter.com/9oXqlj9HVI — Robinhood (@RobinhoodApp) May 18, 2022 Prior to the launch, the platform had posted a promotional video […]
FX Trading Volume Jumps 5% YOY as Currencies Become More Volatile
Neither the author, Ruholamin Haqshanas, nor this website, The Tokenist, provide financial advice. Please consult our website policy prior to making financial decisions. Trading volume in the forex market has shot up to record levels courtesy of unprecedented volatility caused by the war in Europe, as well as surging inflation. This has led to foreign exchange trading […]
Ray Dailo’s Hedge Fund Bought GME and AMC Shares in Q1 2022
Neither the author, Kingsley Alo, nor this website, The Tokenist, provide financial advice. Please consult our website policy prior to making financial decisions. Reports indicate that Ray Dalio, the billionaire owner of the world’s largest hedge fund, has made some interesting bets in the last quarter. According to SEC filings, his hedge-fund Bridgewater Associates purchased shares in […]