The Blueprint Capital CEO Jacob Walthour told CNBC’s “Squawk Box” that ignoring crypto as an asset class “would be a mistake” Major companies, the likes of Starbucks, PayPal, and AT&T accept crypto as a form of payment He notes that 14% of American adults already hold cryptocurrencies, with more to consider crypto if the US […]
Tag: STO
South Korean Exchange Suspends Withdrawals to External Wallets, Govt. Reaches Out to Apple and Google to Block P2E Apps
One of the four regulated cryptocurrency exchanges in South Korea, Coinone, has announced that it will no longer allow withdrawals to non-verified external wallets starting Jan. 24, 2022. If Coinone users want to withdraw their crypto assets to another digital wallet, they would have to register their wallet address with the exchange, “in accordance with […]
In-Depth: $5.7 Billion of Bitcoin Options Set to Expire on Friday
Neither the author, Tim Fries, nor this website, The Tokenist, provide financial advice. Please consult our website policy prior to making financial decisions. The flagship cryptocurrency shed more than 6% and dropped to under $48,000 on Tuesday. Some experts associate this year-end price turbulence with the upcoming massive options expiration event, which is scheduled to happen on […]
Bitcoin Now Awaits The ‘First Week of the Year Effect’ After Lack of ‘Santa Claus’ Rally
Bitcoin took a dip back towards $47,300 on Tuesday, unable to keep the gains made on Monday when it briefly hit $52k. While Bitcoin is down nearly 31% from its all-time high of $69,000, Ether, which dropped back to $3,760, is 22% off its $4,880 ATH. These two major crypto assets continue to trade in […]
Market highlights December 29: Cryptos seen lower, Wall Street mixed following post-Christmas gains
The crypto market as a whole is bearish with all top 20 coins registering losses except for UniSwap, which continues yesterday’s bull run, albeit only with slight gains. US indices were mixed yesterday as investors locked in their recent gains before the end of the year. Top cryptos Bitcoin was down approximately 2%, trading below […]
Centralized Crypto Exchanges Had 14x More Trading Volume Than DEXes in 2021
Neither the author, Tim Fries, nor this website, The Tokenist, provide financial advice. Please consult our website policy prior to making financial decisions. It pays off to be convenient with a hot crypto wallet and an easy ramp to a bank account. Centralized crypto exchanges (CEXes) have demonstrated this with a massive increase in trading volume. Centralized […]
Institutional adoption of crypto to accelerate in 2022, says Genesis’ Noelle Acheson
Crypto saw astonishing institutional growth in 2021, but Genesis’ Noelle Acheson believes adoption is set to accelerate over the next year. Noelle Acheson, the head of Market Insights at Genesis Global Trading, expects the next twelve months to see a continuation of institutional growth within the crypto space. She said this while speaking to Joe […]
In 2021, VCs Invested Around $30 Billion into Crypto, 445% More Than 2020
Neither the author, Tim Fries, nor this website, The Tokenist, provide financial advice. Please consult our website policy prior to making financial decisions. The digital assets market drew approximately $30 billion from Venture Capital funding in 2021, which marks a major milestone for the little more than a decade-old industry. Notably, that figure is more than quadruple […]
Mastercard and India Highlight CBDCs in Retrospective – CBDCs Weekly
Mastercard’s Perspective With year-end mere days away, Mastercard has taken the time to pen a retrospective of digital assets in 2021, and what we can expect moving forward. One particularly noteworthy insight revolves around the rise of Stablecoins, and how these assets spurred a CBDC developmental race. Mastercard states that with the stablecoin market breaching […]
Japan’s Ministry of Economy, Trade, and Industry Experimenting with NFTs
The Ministry of Economy, Trade, and Industry (METI) of Japan will be conducting the first demonstration experiment using NFT technology in the fashion sector, as per the local reports. Under this experiment, an NFT will be attached to an outfit created by the designers. Besides selling one-of-a-kind clothes with NFT attached, the data to make […]