Alongside the majority of crypto assets, Fantom’s FTM is trading in the red today. The token, which appeared unsusceptible to market swings at some point last month, has lost over 37% of its value in the last two weeks. Its market dominance in the decentralized finance space has also waned greatly during this period. Fantom […]
Tag: STO
NFT Markets Cross $44.2b in 2021, But With Rampant Wash Trading
Neither the author, Tim Fries, nor this website, The Tokenist, provide financial advice. Please consult our website policy prior to making financial decisions. The non-fungible token (NFT) market reached new heights in 2021 and multi-million dollar sales became common headlines. Even though the broader cryptocurrency market had a rough start to the year, OpenSea recorded the highest […]
OpenSea Polygon Monthly Volume and Monthly NFTs Sold Set New Peaks Last Month, MATIC Down 7% Today
Polygon’s OpenSea activity hit new highs in January as the NFT marketplace posted an all-time high of $5 billion in trading volume. Data from blockchain analytics site Dune Analytics shows that Polygon contributed almost $80 million, whereas Ethereum accounted for the bulk of it at $4.95 billion. Though Polygon’s contribution is significantly smaller, it represents […]
Cardano Developer Announces 11% Block Size Increase, ADA Slides After Touching $1.10
Cardano has been ramping up efforts to match layer 1 solutions since the turn of the year. In the latest move aimed at optimizing the network, Cardano developer IOHK has outlined new improvements. The research and development team behind the blockchain advanced yesterday that it will be increasing the block size by a margin of […]
Cardano (ADA) rallies more than 20% in 10 days – Here is why it won’t go further up
After seeing a massive sell-off at the start of the year, Cardano (ADA) has started to make some gains. Although the coin still remains bearish. We have seen it pair up with some of the declines we saw during the crypto winter. But despite this, we don’t see enough momentum to keep this surge going. […]
Solana (SOL) On The Verge of Clearing $110 Resistance, But A Move Higher Could Trigger a Tumble
Solana price has posted a strong recovery in the past three days and is now sitting above $110. The token touched a high of $113 yesterday after clearing the resistance at the critical $100 price level on the last day of January was rejected at that height. Even though Solana has seen approximately 8% of […]
MicroStrategy Doubles Down on BTC After $146.6m Loss in Q4 2021
Neither the author, Kingsley Alo, nor this website, The Tokenist, provide financial advice. Please consult our website policy prior to making financial decisions. Microstrategy has announced that they have added 660 BTC to their Bitcoin holdings. The business-intelligence software company has continued to accumulate the cryptocurrency, with its total holdings now standing at 125,051 BTC. Consequently, with […]
India to Tax Cryptocurrency Profits 30%, Legitimizes Virtual Assets
Neither the author, Tim Fries, nor this website, The Tokenist, provide financial advice. Please consult our website policy prior to making financial decisions. Nirmala Sitharaman, India’s Finance Minister, stated that profits from “virtual digital assets” would be taxed at 30% while presenting the Union Budget for 2022. The Union Budget declares the Indian Government’s spending and taxation […]
Ripple (XRP) starts massive consolidation in price – Is a 20% upward surge in the cards?
Like many other major cryptocurrencies in the market, Ripple (XRP) is recovering. The token has in fact started to consolidate around a crucial support zone, making it a potential pick for an upward rally in the near term. But how will this happen? Some analysis here below but first, a few highlights: XRP has found […]
Layer 1 Tokens Trading in the Green into the New Month, SOL Leading the Pack
The cryptocurrency sector is finally seeing some calm after what has been a rough ride in January. The top cryptocurrencies have charged on the first day with eyes set on recovery. Bitcoin has consistently traded above the $38k over the last 20 hours, with a 7-day review showing it has recorded about 5% gains. The […]
