Neither the author, Tim Fries, nor this website, The Tokenist, provide financial advice. Please consult our website policy prior to making financial decisions. There has been one headline dominating the cryptocurrency market in the past few days: Paypal’s support for cryptocurrencies. The news had an immediate impact on Bitcoin’s price, briefly sending it past $13,000. Now, analysts […]
Tag: STO
Digital Assets Beat Traditional Assets by a Wide Margin & Ethereum Outperforms Bitcoin
In 2020 to date, Bitcoin has seen a positive performance of 80% and Ethereum 217%. With these gains, digital currencies are leading this year, with both the top digital assets outperforming traditional asset classes, that too by a wide margin. Source: TradeBlock Clearly, Ether has enjoyed much higher performance than Bitcoin, just yesterday it also […]
Anchorage And Tokensoft Collab to Bring Wrapped Coins to Ethereum; Zcash (ZEC) Is Up First As wZEC
The growing popularity of decentralized finance (DeFi) has attracted many other digital assets to Ethereum, including Bitcoin, in a wrapped layer one solution. The latest to join the league is the privacy-centric coin Zcash (ZEC). The Wrapped Zcash is brought into the Decentralized ecosystem by Anchorage in association with Tokensoft. Wrapped ZCash (wZEC) is the […]
Top 20 Global Investment Firm Franklin Templeton & VC Illuminate Finance Invest in Curv Crypto Wallet Series A
The global investment firm Franklin Templeton and Illuminate Financial, a Fintech venture capital firm, join Curv, an institutional cryptocurrency wallet solution, as investors – joining Curv’s July 2020 Series A funding. The move sees the former two firms join the $23 million funding round, including several top investors, including Digital Currency Group (DCG), Coinbase Ventures, […]
Investing In Investing in IOTA (MIOTA) – Everything You Need to Know
What is IOTA (MIOTA)? IOTA (MIOTA) is a different kind of cryptocurrency. Unlike competitors, IOTA doesn’t utilize blockchain technology to accomplish its tasks. Instead, the platform relies on various Internet-of-Things (IoT) applications. As such this platform has unmatched scalability and endless use cases in the market. Notably, the co-founders of the project, Sergey Ivancheglo, Serguei […]
Bank of Russia Is Studying Pros & Cons of a Digital Ruble; May Start Developing CBDC In 2021
The Bank of Russia (BOR) is studying the possibility of launching its digital ruble. BOR and the Ministry of Finance investigate the advantages and cons of adopting a national digital currency within Russia. Can a digital ruble replace the use of the dollar in Russia? According to Izvestia, a Russian finance news site, the Ministry […]
Investing In Cosmos (ATOM) – Everything You Need to Know
The blockchain network Cosmos (ATOM) seeks to transform competition into a community via its unique approach to the market. Unlike most projects in the space, Cosmos isn’t about beating the competition, taking the crown, or recognition. Instead, Cosmos seeks to help the entire blockchain sector advance via a combination of unique protocols that help bring […]
Coinbase Custody Exploring 39 Crypto’s Including DeFi Tokens for Listing
Coinbase continues to take its altcoins and DeFi listing spree one step further every other day. Today, the San Francisco-based exchange announced a slew of other tokens its exploring to add support for. After adding FTX (FTT) and Serum (SRM), Coinbase Custody that offers features such as staking, governance, and decentralized finance (DeFi) and serves […]
SBI eSports Signs Pro FIFA and Super Smash Bros Ultimate Players; Will Be Paid in XRP
SBI eSports, a subsidiary gaming venture of Japanese financial giant SBI Holdings, has signed two professional players to its e-team. In an official announcement made on 16th October, the SBI e-sports subsidiary also revealed that they would be paying its player’s salaries in XRP. Back in September, the firm revealed that they were planning on […]
Investing In NEM (XEM) – Everything You Need to Know
-The NEM (XEM) “New Economy Movement” seeks to provide enterprise-level clientele a more efficient way to verify and move blockchain assets. To this end, the company functions as the missing link between private and public blockchains by connecting these networks in ways that expand usability. NEM (XEM) continues to see growing interests due to its […]