Ethereum, alongside many of the top ten crypto tokens, suffered a huge dip early this week on account of the marketwide Evergrande-catalyzed sell-off. The token fell as low as $2,650 on some exchanges but has since climbed up and retaken the $3,000 level. A look at Ethereum token reserves data on the analytics sites CryptoQuant […]
Tag: STO
US Isolating Itself From Other Central Banks: Basal Committee Crypto Report
Neither the author, Kai Morris, nor this website, The Tokenist, provide financial advice. Please consult our website policy prior to making financial decisions. The Basel Committee on Banking Supervision (or BCBS), is an international banking authority “with 45 members comprising of central banks and bank supervisors from 28 jurisdictions”, has recently updated its stance on cryptocurrencies, outlining […]
Here’s What Crypto Twitter Thinks Of Bitcoin Lightning Integration
Neither the author, Tim Fries, nor this website, The Tokenist, provide financial advice. Please consult our website policy prior to making financial decisions. On Wednesday, Twitter rolled out its highly-anticipated Bitcoin tipping feature for IOS users. The social media platform also unveiled its intentions to support authentication for NFTs, which would allow users to track and showcase […]
Monthly Report: UAE regulators embrace trading of crypto assets, Turkey state leader rejects cryptocurrencies
The debt crisis involving China’s second-largest property developer, the Evergrande Group set off a sell-off across cryptocurrency markets at the beginning of the week. Here is a summary of other top cryptocurrency news: Dubai World Trade Centre Authority to add support for crypto trading On Wednesday, the UAE’s Dubai World Trade Centre Authority (DWTCA) and […]
Is Gensler Setting a Negotiating Stance With The Crypto Industry?
Neither the author, Kai Morris, nor this website, The Tokenist, provide financial advice. Please consult our website policy prior to making financial decisions. Raoul Pal, CEO and founder of Global Macro Investor, has shared his thoughts on SEC Chair Gary Gensler. In a thread on Twitter Pal has stated that Gensler’s hardline approach to the crypto markets […]
T-REX Goes Official while Vertalo Integrates Planet Wealth – Digital Securities Weekly
Regulatory approvals, platform integrations, and token standards – these are a few developments from the past week involving digital securities. SEC Thailand Approves Fraction Investors in Thailand will soon be able to more easily access investment opportunities in the form of digital securities, as the Thai SEC has awarded Fraction with an ICO Portal License. […]
Wormhole Launches Solana-Ethereum Bridge to Move NFTs Cross-Chain
Solana-based interoperability protocol Wormhole officially announced the launch of a cross-chain bridge between the competitors Solana (SOL) and Ethereum (ETH). This bridge will enable the transfer of digital assets between ERC-20 and SPL blockchains. The total value locked (TVL) in the decentralized finance space has skyrocketed to nearly $170 billion, climbing towards the $192 billion […]
Google Searches for Bitcoin Hit Dec 2020 Level, Interest in NFTs Surpass DeFi Significantly and Matched Ethereum Briefly
Cryptocurrency prices are currently at a level they were only earlier this month. Bitcoin is trading at $43,500, a level last seen only this Monday before the price tumbled as low as $39,500, last recorded in early August. The situation is the same for Ether and the total cryptocurrency market cap. Top crypto assets are […]
UAE regulator gives nod to crypto assets trading
The agreement allows Dubai World Trade Centre Authority (DWTCA) to grant permissions and licences to crypto trading providers UAE’s Securities and Commodities Authority (SCA) has entered into an agreement with the Dubai World Trade Centre Authority (DWTCA) in a deal that will see the latter support and promote the trading of crypto assets. According to […]
Coinbase: Terrorist Financing Comprises 0.05% of Illicit Crypto Activity
Narratives can be hugely important in how the wider public perceives assets such as cryptocurrencies. For a long time, there was the perception that Bitcoin was largely used by criminals, bad actors, and Silk Road users. This spread FUD (fear, uncertainty, and doubt) which consequently worked to lower crypto adoption and instead led people to […]