When there is an increase in the general price of goods and services in an economy, it is known as inflation. Inflation results in the reduction of the purchasing power of a currency. A currency’s purchasing power refers to the value of a currency expressed in terms of the number of goods and services that […]
Tag: STO
Thursday Market Wrap: Updates on ARK’s Latest Scoop, Avalanche Network, Polygon zkEVM and More
Bitcoin’s rare Wednesday sight of $18,000 fueled moderate excitement among market participants, but the momentum fell short of propelling a breakout from this range. The broader market returned to a predominantly red theme on Thursday following the depreciation of the midweek macro boost. The fleeting bounce has set the BTC price on a path that […]
Polygon Gets Favor in the Stablecoins Front as Tron and Tether Perk Up Amid FUD Rattle
Bermuda-based digital asset bank Jewel this week announced the Jewel USD (JUSD), a US dollar-backed (1:1 ratio) stablecoin that will be functional within the British island territory upon release. The yet-to-launch project will target institutional investors with the licensed digital bank looking to afford real-time settlement solutions to regional institutions. The stablecoin will release at […]
Dutch Authorities Warn that KuCoin is Operating Without Registration
Neither the author, Tim Fries, nor this website, The Tokenist, provide financial advice. Please consult our website policy prior to making financial decisions. According to a Thursday report, the cryptocurrency exchange KuCoin is operating in the Netherlands without being properly registered. The warning issued is specifically aimed at MEK Global Limited (MGL), the company that owns the […]
Bitcoin and Ether Retreat After Macro Stimulus, Celo (CELO) Leads Thursday’s Top Gainers
Traders closely following the macro news this week picked up narrow profits yesterday as cryptocurrencies gained steam at the expense of a weak US dollar following the Federal Reserve’s CPI release and a statement of a 50-basis point hike in interest rates. The November CPI data has been followed by a similar announcement from Hong […]
Can the Metaverse Facilitate Sustainable Growth of Defi Systems?
<p>The development of the metaverse, as a virtual world that combines elements of the real world with digital creations and experiences, has the potential to generate a new economy. The metaverse could offer users various activities and applications, including social interaction, entertainment, education, commerce, and more. These activities could generate value and economic opportunities for […]
Expert panel: what are the 3 most important things to look out for when choosing a crypto platform to sign up to?
It has been a scary year in the crypto markets. It feels like every week has brought a new scandal. There was the death spiral of the Terra ecosystem in May, which sparked a wave of contagion across the industry. Down went crypto lenders Celsius and Voyager Digital, among others. Then, even more spectacularly, was […]
Expert panel: what is your biggest tip for a user just getting into crypto?
It has been a wild few years in the cryptocurrency industry. Only a few years ago, crypto was still a niche and enigmatic concept to most, yet today it is firmly in the mainstream. During the pandemic years especially, there was a massive influx of new users into the industry. But the industry is a […]
Nasdaq Issues a Warning to Bitfarms Over Low Stock Price
Neither the author, Tim Fries, nor this website, The Tokenist, provide financial advice. Please consult our website policy prior to making financial decisions. Bitfarms received a warning notification from the Nasdaq stock exchange after the bitcoin miner’s share price closed below $1 for thirty consecutive days. Nasdaq offered Bitfarms an initial period of 180 calendar days, or […]
Brazil Central Bank plans to launch CBDC in 2024
Brazil Central Bank is planning to launch a CBDC in 2024. According to the president of the central bank, digital assets could drive participation. Brazil will join the likes of China, the Bahamas, and Nigeria as nations with individual CBDCs. The president of the Brazil Central Bank, Roberto Campos Neto has today revealed in a […]
