Not long ago, Cardano was considered the next best Ethereum alternative. It had set a distance between itself and other ecosystems trying to improve on Ethereum. The market rankings were Bitcoin, followed by Ethereum, Cardano, and the rest. In recent days though, the Hoskinson-led project has fallen off. Despite achieving several milestones and setting records […]
Tag: STO
Polygon Monthly Analysis – February 2022
Heading into 2022, industry experts touted Polygon as one of the Layer 2 blockchains that would rival Ethereum and even bite into its share. Market analysts, on the other hand, forecasted Polygon’s native token MATIC to see more price gains. While the year is not so advanced to review these projections, an analysis of Polygon […]
Ethereum Monthly Analysis – February 2022
The first two months of 2022 have been a display of extreme volatility and wild markets swings in the cryptocurrency market. While February hasn’t been as harsh as January, it hasn’t been kind either. The premier altcoin has been on a downtrend, for the most part, since the turn of the year. The situation is […]
Market Manipulation in the Cryptocurrency Industry
News last week of the first ever seizure of NFTs by the UK tax agency in response to suspected tax fraud was a sign that last year’s booming NFT economy maybe running into some roadblocks in 2022. While recent data show that trade in NFTs rose from $106 million in 2020, to $44.2 billion in […]
zkSync Announces Historic Milestone as Coinbase Bets on ETH Staking Rewards to Double Post-Merge
The Ethereum Community will undoubtedly be pleased with the latest developments set to come to the network. While the Ether market endured a tough week, Coinbase and zkSync shared positive news set to change the Ethereum landscape. The former suggested that Ethereum staking rewards will increase significantly after the scheduled Beacon chain merge. zkSync, on […]
7 Best Polkadot Ecosystem Tokens to Watch
Polkadot is a project with very high potential, and for several reasons. First of all, it functions as a development platform capable of producing smart contracts, and through them, pretty much any blockchain product ever invented. Next, it is extremely scalable thanks to its unique approach to increasing scalability. The project, as many likely knows, […]
$500 Million Longs Liquidated as Cardano, Theta and Polygon Tokens Bleed More Than 15%
The ongoing conflict between Ukraine and Russia escalated quickly in the early hours of Thursday. Russian President Vladimir Putin announced that he had ordered Russian troops to cross into Ukraine in what he described as a ‘special military operation’ to protect ‘people who have suffered from abuse and genocide from the Kyiv regime.’ Reports making […]
Why TradFi Would Not Be Interested in a DeFi Index Fund
Neither the author, Tim Fries, nor this website, The Tokenist, provide financial advice. Please consult our website policy prior to making financial decisions. Decentralized Finance (DeFi) has been an interesting experiment in finance to see if smart contracts could replace banks. However, DeFi’s inconsistent revenues could become a hurdle to it being massively adopted as traditional investors […]
Market highlights February 24: Five of the top 10 cryptos dropped by double digits
Crypto assets were trending downward on Wednesday night, but when Russia began attacking Ukraine on Thursday morning, they took a dive even further. US stocks went into freefall yesterday as tensions in Ukraine intensified. The SPX500 (-2.25%), DJ30 (-1.69%) and NASDAQ100 (-3.1%) all finished heavily in the red as investors fled for safe-haven assets. The […]
Investing In Anchor Protocol (ANC) – Everything You Need to Know
The Anchor Protocol (ANC) operates as a DeFi (decentralized finance) savings network. The system enables anyone to borrow stablecoins on stakable assets, improves lending transaction times, and pays depositors a low-volatility interest rate. The goal of the project is to provide crypto users with a stable savings solution that is both easy to use and […]