The demand for the crypto sector in the traditional markets is so high that cryptocurrency exchange Coinbase has to boost the size of its junk-bond offering to $2 billion from $1.5 billion. In fact, at least $7 billion of orders poured in, according to a Bloomberg report citing a person with knowledge of the matter. […]
Tag: STO
SEC Chair’s ‘Very Objectionable’ Approach to Crypto Sees Only ‘A Small Number’ of Cryptocurrencies as Not Securities
US Securities and Exchange Commission (SEC) Chairman Gary Gensler told the Senate Banking Committee on Tuesday that he and his team are working on protecting investors through better regulation of the thousands of new crypto assets. The Wall Street’s top regulator is actually working overtime, he said, to create rules to oversee the cryptocurrency market. […]
Interactive Brokers to Bring Crypto Trading to its US Customers
Neither the author, Tim Fries, nor this website, The Tokenist, provide financial advice. Please consult our website policy prior to making financial decisions. Managing $364.6 billion of client equity, Interactive Brokers has opened up crypto trading for its users thanks to Paxos blockchain integration. With inflation projections soaring, will IB’s clientele tap into Bitcoin to safeguard its […]
Golden Cross Set to Hit Bitcoin: but there are Complications Ahead
Neither the author, Kai Morris, nor this website, The Tokenist, provide financial advice. Please consult our website policy prior to making financial decisions. Technical analysts have spotted signs of an upcoming golden cross forming on Bitcoin’s chart. This cross has huge implications for Bitcoin’s immediate future, but it may be wise for retail traders to tread cautiously […]
Fidelity Digital Assets Exploring the Possibility to Offer Yield Funds, Stablecoins, and DeFi Tokens
Fidelity Investments is growing its digital assets team to expand its cryptocurrency-related products in response to the increasing interest from financial advisors, family offices, and other institutional investors. Tom Jessop, president of Fidelity Digital Assets, said in an interview that the company is planning to increase its employee headcount by up to 70% by the […]
US and EU on Different Trajectories to Regulate Stablecoins
Neither the author, Tim Fries, nor this website, The Tokenist, provide financial advice. Please consult our website policy prior to making financial decisions. As the stablecoin market continues to grow, policymakers are voicing concerns regarding the adverse impacts that could be felt by legacy finance. Some officials even perceive stablecoins as a threat to the banking system […]
Southeast Asia’s Largest Bank (DBS) Sees Increasing Crypto Demand from Corporate Investors and Wealthy Family Funds
Singapore’s DBS Group is seeing robust demand from accredited individuals, corporate investors, and investment firms that manage the fortunes of wealthy families for its DBS Digital Exchange. DBS Digital Exchange, set up in December as a members-only bourse, expects to double the number of members on its new platform for crypto trading to 1,000 by […]
Ethereum Struggles to Recover Following Tuesday’s Market Crash – Ethereum Weekly
Ethereum got off to a decent start on Monday but plunged heavily – as did Bitcoin and other top altcoins – following a market-wide crash on Tuesday. The slump triggered indirectly by El Salvador’s Bitcoin adoption news saw the token post double-digit losses, dipping from $3816 to below $3,200 in a matter of hours. Short-term […]
Solana Ovetakes Ethereum On Google Trends For The First Time
Neither the author, Tim Fries, nor this website, The Tokenist, provide financial advice. Please consult our website policy prior to making financial decisions. Ethereum has been doing the heavy lifting for decentralized finance (DeFi) and NFT (non-fungible token) marketplaces so far. Will Solana become the new smart contract torchbearer? Or will decreased NFT activity level things out […]
Solana Overtakes Ethereum On Google Trends For The First Time
Neither the author, Tim Fries, nor this website, The Tokenist, provide financial advice. Please consult our website policy prior to making financial decisions. Ethereum has been doing the heavy lifting for decentralized finance (DeFi) and NFT (non-fungible token) marketplaces so far. Will Solana become the new smart contract torchbearer? Or will decreased NFT activity level things out […]
