Binance and the GMO Internet Group have partnered to list GYEN — the 100%-backed Japanese yen stablecoin, now available for purchase and trading on Binance. GYEN, a regulated stablecoin pegged to the Japanese yen, will start trading on Binance today. This follows a partnership between Binance — the world’s largest cryptocurrency exchange by trading volume […]
Tag: STO
Investing in Bitpanda (BEST) – Everything You Need to Know
Bitpanda’s native cryptocurrency are BEST tokens (Bitpanda Ecosystem Token). These tokens offer benefits to traders, and is currently the best way to invest in the Bitpanda platform. What is Bitpanda? Founded in 2014, Bitpanda positions itself as one of Europe’s leading retail brokers for trading cryptocurrencies, precious metals, and more. You can open a free […]
Tech Stocks Dragging Bitcoin, Ether, & Crypto’s Down, But ‘Fundamentals Still Strong’
Bitcoin remains range-bound. Ever since late February, the price of Bitcoin has remained near $55,000, for the most part. The leading crypto asset did see a new all-time high to $65,000, but there have been several retracements during this time period, unlike the vertical move from $3,800 low in March 2020 to $42,000 in early […]
How Nigeria’s Soaring Inflation Demonstrates a Real-World Use-Case for Bitcoin
Neither the author, Tim Fries, nor this website, The Tokenist, provide financial advice. Please consult our website policy prior to making financial decisions. When Satoshi Nakamoto developed Bitcoin, Nigeria might have been furthest from his concerns. Yet, Nigeria holds all the ingredients to become the first large nation to unofficially supplant the failing official currency with his […]
Goldman Sachs to Offer Bitcoin to Wall Street, but Not Really
Neither the author, Tim Fries, nor this website, The Tokenist, provide financial advice. Please consult our website policy prior to making financial decisions. Goldman Sachs makes it possible for its high-net worth clients to dabble into crypto trading, without owning any actual digital assets. This way, they can both bet on Bitcoin’s performance while not committing to […]
Burnt Finance Raises $3M For A Solana-based NFT Marketplace; Famous for Burning Banksy Art Piece
The anonymous NFT artist known for selling a Banksy street art as a non-fungible token (NFT), Burnt Banksy, has raised $3 million seed funding from private investors to launch a decentralized NFT minting and auction protocol. The protocol is built on Solana blockchain (SOL) providing a solution on how NFTs and blockchain synthetic tokens are […]
Weekly Report: eBay Exploring NFTs and Crypto Payments
Here are the top stories from the cryptocurrency sector this week Ethereum outperforms Bitcoin in options volume Ethereum has gained significant upside momentum in the recent past, raising its price to a new high just short of $3,600. Elsewhere, options volume has continued surging and recently eclipsed Bitcoin’s. On Wednesday, Ether options trading volume on […]
Dogecoin Reaches New Heights Ahead of Elon Musk’s SNL Appearance
Yes, Dogecoin (DOGE) started as a joke but it’s becoming increasingly harder to laugh at the Shiba Inu meme-based coin because of its market performance. In fact, in some ways, the joke is on the doubters because as the world goes through one of its worst recessions, Dogecoin has increased in value by 32,000% in […]
Digital Lender Tala to Enable 70 Million Visa Merchants to Accept USDC
Neither the author, Tim Fries, nor this website, The Tokenist, provide financial advice. Please consult our website policy prior to making financial decisions. In a recent press release, Tala—a digital lender with a focus on emerging markets—announced a partnership with Visa to help those who are underbanked participate in the crypto economy. As part of the deal, […]
Novogratz’s Galaxy Digital set to acquire BitGo for $1.2B
Galaxy Digital is in the process of acquiring BitGo for $1.2 billion, which would be settled in stock and cash Galaxy Digital, the firm owned by popular investor Mike Novogratz, is set to acquire BitGo, a leading independent digital assets infrastructure provider. The deal is worth roughly $1.2 billion and will be paid in both […]