Coinbase has earmarked Ethereum Classic as among the tokens to remove from its wallet ETC has been on a clear downtrend since August The cryptocurrency could proceed to $13 if bulls do not arrest the decline US crypto exchange Coinbase will end support for Ethereum Classic (ETC/USD) in January next year. The targeted assets also […]
Tag: STO
Top tokens at or under $1 you can stake and earn rewards in a bear market
With a prolonged bear market, cryptocurrency bulls may face difficulties in generating sustainable profits. But have you ever thought about staking? Staking is when you lock up your digital assets on exchanges to earn interest or reward. Even when the price is low, you can make money through staking. More so, at the low valuations of […]
Galaxy Digital to Buy Self-Custody Platform from Bankrupt Celsius
Neither the author, Tim Fries, nor this website, The Tokenist, provide financial advice. Please consult our website policy prior to making financial decisions. Galaxy Digital has won the auction to purchase Celsius Network’s self-custody platform, according to the firm’s press release. While the financial details of the deal remain undisclosed, Mike Novogratz’s financial services firm allegedly bought […]
Fantom eyes a breakout. Is the token about to post sustainable gains?
Fantom token has recovered by 28% in the last seven days Developments around Fantom asset base have boosted the cryptocurrency FTM has hit a descending trendline and could correct Fantom (FTM/USD) trades at $0.24 as of press time, its highest level in nearly a month. The cryptocurrency has risen by 28% in the past week, […]
DTCC Explores Post-Trade Settlements with CBDCs
As the US government weighs Central Bank Digital Currency (CBDC) in terms of its advantages & disadvantages, the Depository Trust & Clearing Corporation (DTCC), a leading global financial services industry post-trade market infrastructure, is examining how tokenized securities and the CBDC can work together in a US settlement infrastructure — the infrastructure that processes securities […]
TP ICAP Gains UK Registration for Institutional Crypto Exchange
<p>TP ICAP’s wholesale exchange for crypto assets, Fusion Digital Assets, has registered with the <a href=”https://www.financemagnates.com/terms/f/financial-conduct-authority-fca/” target=”_blank” id=”4c85a54d-15e0-4e44-a214-8c55f71cb286_1″ class=”terms__main-term”>Financial Conduct Authority (FCA</a>), allowing the platform to operate in the United Kingdom.</p><p>Announced on Thursday, TP ICAP is yet to launch its crypto exchange services though it <a href=”https://www.financemagnates.com/institutional-forex/tp-icap-to-launch-crypto-trading-services-for-institutions/” target=”_blank” rel=”follow”>confirmed the upcoming services in mid-2021</a>. It […]
Italy’s Budget Bill Encourages Crypto Investors to Disclose Holdings
Neither the author, Tim Fries, nor this website, The Tokenist, provide financial advice. Please consult our website policy prior to making financial decisions. Italian lawmakers have proposed in the budget bill to encourage taxpayers to declare their crypto assets as of Jan. 1, 2023, and pay a 14% tax, according to Bloomberg. The move comes as a […]
Allbridge integrates with Tezos to provide cross-chain interoperability
Allbridge has integrated with the Tezos blockchain in a bid to provide cross-chain interoperability functions. Allbridge, a cross-chain bridge platform, announced that it has integrated with the open-source, energy-efficient Tezos blockchain. The team revealed that the cross-chain bridge is a mutual collaboration between the Allbridge and MadFish.Solutions teams. According to the press release shared with […]
Ethos launches a recovery token program for Voyager creditors and VGX holders
Ethos has launched its recovery token program for users affected by the collapse of the Voyager lending platform. Ethos has announced the launch of its recovery token program designed for the users affected by the Voyager collapse. According to the company, both VGX holders and creditors will be eligible to claim ETHOS tokens with proof […]
CBDC Global Development Update – Africa, France, India, Ukraine
National and regional governments around the world have been exploring central bank digital currencies (CBDCs), powered by distributed ledger technology (DLT). CBDCs are similar to cryptocurrencies, however, they are issued and regulated by the central bank or monetary authority of a region; they are pegged to the fiat value of the issuing country or region. […]
