Neither the author, Tim Fries, nor this website, The Tokenist, provide financial advice. Please consult our website policy prior to making financial decisions. Since Monday, Solana saw a 33% increase in valuation, pulling itself out of the single-digit range. The culprit for the sudden SOL resurgence appears to be Solana’s take on dog coins – the BONK […]
Tag: STO
Federal Reserve Issues Warning on ‘Crypto-Asset Risks to Banking Organizations’
The Federal Reserve joined with other federal banking regulators to issue a joint statement highlighting the critical risks to banks associated with crypto assets and the entire cryptocurrency industry. The statement comes amidst regulators’ failure to issue uniform guidance or rules on cryptocurrency, even as banks have expressed a desire for more clarity. It, however, […]
Chainlink (LINK) Updates – A Year in Review for the Top Oracle Solutions Provider
The oracle solutions provider Chainlink (LINK) entered the market in 2014. It was one of the first platforms to focus on solving the many issues plaguing oracles at the time. An oracle is an off-chain sensor that communicates data to and from a blockchain. Today, Chainlink is the leading oracle provider in the market with […]
UK’s Crime Agency Posts Crypto Investigator Job After $3B Stolen in 2022
Neither the author, Tim Fries, nor this website, The Tokenist, provide financial advice. Please consult our website policy prior to making financial decisions. The UK’s key crime-fighting agency is launching a specialized unit to tackle crypto scams in the country, according to a job advert published on the government’s website. The establishment of the “Crypto Cell” comes […]
How India’s High Taxes Killed its Crypto Liquidity: $3.8B in Outflows for 2022
Neither the author, Ruholamin Haqshanas, nor this website, The Tokenist, provide financial advice. Please consult our website policy prior to making financial decisions. India’s controversial crypto tax plans have adversely impacted trading volumes on local cryptocurrency exchanges. In fact, Indian crypto traders had moved more than $3.8 billion in trading volume to international crypto exchanges since February […]
Digital Asset Funds Inflows Fell to $433M in 2022, From $9.1B in 2021: Report
Neither the author, Tim Fries, nor this website, The Tokenist, provide financial advice. Please consult our website policy prior to making financial decisions. A recent report by CoinShares showed that digital asset funds saw $433 million in inflows in 2022, the lowest in four years. However, given that 2022 was one of the most challenging years for […]
FED Warns Banks of Crypto Risks But Doesn’t Discourage Engaging With it
Neither the author, Tim Fries, nor this website, The Tokenist, provide financial advice. Please consult our website policy prior to making financial decisions. On Tuesday, January 3rd, the Federal Reserve, the Federal Deposit Insurance Corporation (FDIC), and the Office of the Comptroller of the Currency (OCC) issued a joint statement on “crypto-asset risks” addressed to the banking […]
Tax-Loss Harvesting – What is the ‘January Effect,’ and Will it Soon be in Play?
In its recent filing, MicroStrategy Inc. announced that it sold 704 Bitcoin for a total of about $11.8 million, citing tax purposes. The firm subsequently bought 810 BTC two days later. As of Dec. 27, MicroStrategy held about 132,500 Bitcoin worth more than $2 billion and now sits on a massive unrealized loss of about […]
Cardano Vs. Avalanche – What’s the Difference?
As you delve deeper into trading cryptocurrencies, there is a good chance you will come across the Cardano (ADA) vs. Avalanche (AVAX) debate. Understanding the differences between these advanced DeFi Networks is crucial in helping you to decide which one is best suited to meet your needs. Here is some valuable insight into Cardano vs. […]
14 Years Since its First Block, Bitcoin Remains the Largest Cryptocurrency
Neither the author, Ruholamin Haqshanas, nor this website, The Tokenist, provide financial advice. Please consult our website policy prior to making financial decisions. The Genesis block, the first Bitcoin block ever mined, was mined by the pseudonymous developer of the cryptocurrency known as Satoshi Nakamoto on the 3rd of January 2009, or 14 years ago. Since then, […]
