Compound (COMP) price has surged 10% today at a time when the majority of cryptocurrencies are bullish with the likes of Bitcoin reaching three months high. At the time of writing, Compound was trading at $143.91 up 10.19% after a slight pullback from a daily high of $148.10. But why is the coin price skyrocketing? […]
Tag: STO
MicroStrategy Takes $205M Bitcoin-Backed Loan to Buy More Bitcoin
Neither the author, Tim Fries, nor this website, The Tokenist, provide financial advice. Please consult our website policy prior to making financial decisions. The world’s biggest corporate Bitcoin evangelist, Michael Saylor, is maximizing MicroStrategy’s already substantial holdings of 125,051 bitcoins (~$6 billion). As of March 29th, Silvergate Bank issued a $205 million loan to MacroStrategy, a subsidiary […]
Kimchi Premium Negative in S.Korea as Trading Drops 140% After New Rules
Neither the author, Kingsley Alo, nor this website, The Tokenist, provide financial advice. Please consult our website policy prior to making financial decisions. For the first time in several years, South Korea’s “Kimchi Premium” turned negative following a drastic drop in local demand for digital assets. Data provided by Kaiko shows that the usual gap between crypto […]
Indian Government Recovers $12.6M in Unpaid Taxes from Crypto Exchanges
Neither the author, Tim Fries, nor this website, The Tokenist, provide financial advice. Please consult our website policy prior to making financial decisions. Nearly two months since the Government of India introduced a flat crypto tax rate of 30%, it’s revealed that the nation’s crypto exchanges paid the cost of increased scrutiny. On March 28th, the Indian […]
Harmony ONE Invests in LootMogul Blockchain Gaming Platform
Harmony ONE has announced its investment into LootMogul. The latter is a multiverse blockchain gaming platform that targets sports influencers and fans to boost engagement. LootMogul is one of the largely used metaverses in the sports sector. Some sports influencers from some of the leading sporting leagues in College, High School, ICC, MLB, NBA, NFL, […]
ApeCoin growth slowing down, could this be the end? Best places to buy ApeCoin
Its growth may have started to decelerate, but it has far from vanished. What’s more, it’s out of the ascending triangle and is approaching $15 per APE. If you want more details about ApeCoin and would like to know the best places to buy ApeCoin, we’re glad you found our post. Top places to […]
How South Korea’s New Regulations Could Cripple DeFi and Crypto Anonymity
Neither the author, Tim Fries, nor this website, The Tokenist, provide financial advice. Please consult our website policy prior to making financial decisions. As of this Friday, South Korean exchanges and DeFi platforms are in a bit of a mess. The South Korean Government started enforcing guidelines pushed forward by the Financial Action Task Force (FATF) last […]
Analyst Sees $112 As A Likely Resistance If Solana Maintains Momentum Above $100
Solana’s token SOL is one of the well-performing crypto assets in the market as of this writing. The SOL/USD pair has charted a steady uptrend over the last five days, climbing from a 24-hr average of $87.26 on Monday to $102.60 on Friday as per CoinMarketCap data. The ascent reflects the general sentiment as the […]
Waves (WAVES) gains over 240% in the last month alone
The crypto market has had very high volatility during the first quarter of the year. In March, we saw some decent upswings albeit markets remained very risk-averse. Despite this, there is one token that has been seeing incredible gains. Waves (WAVES) has been the star of March, and here is why. The coin has gained […]
Cardano (ADA) Closes in on $1.20 Following Coinbase Staking News
Cardano’s ADA is enjoying a midweek rally that has driven its price to a six-week high above $1.18, the latest market data shows. The token was last observed to have bagged double-digit gains in both 24-hr and 7-day time frames after breaking from a downtrend that kept its price struggling below $0.80. Market analysts ascribe […]