14h05 ▪ 7 min read ▪ by Luc Jose A. The bankruptcy of FTX was a seismic event in the history of the cryptosphere. It deeply shook investors’ confidence and revealed major structural flaws within the industry. Nearly two years after its collapse in November 2022, the bankrupt exchange is back in the spotlight with…
Join Our Telegram channel to stay up to date on breaking news coverage The Hyperliquid price surged 6% in the last 24 hours to trade at $28.36 as of 3.40 a.m. EST on trading volume that went up 1% to 345.61 million. The project just reached a new all-time high about six hours ago, climbing…
XRP Price Analysis: Catalysts Behind XRP’s Momentum Launch of Ripple’s RLUSD Stablecoin Ripple’s recent introduction of the RLUSD stablecoin is one of the major forces propelling XRP’s price. The RLUSD, a USD-pegged stablecoin, has started trading on platforms like MoonPay, Uphold, CoinMENA, Bitso, and ArchaxEx. Backed by cash reserves and US treasury bills, RLUSD aims…
In the rapidly evolving world of cryptocurrencies, uncovering hidden treasures with the potential for exponential growth is an exhilarating endeavour. This piece explores five lesser-known digital currencies that could experience remarkable surges in value in the coming months. For those intrigued by high-reward opportunities, these tokens might just be the breakthrough investments to watch. DOGEN:…
Neither the author, Tim Fries, nor this website, The Tokenist, provide financial advice. Please consult our website policy prior to making financial decisions. Robinhood Markets, Inc. (NASDAQ: HOOD), based in Menlo Park, California, released its November 2024 data on December 11, highlighting notable growth across multiple metrics. The company reported increased funded customers, assets under custody, and…
A key move taken by the Financial Conduct Authority (FCA) toward improving issues within the UK’s crypto-asset market was in a discussion paper by the regulator aimed at giving more clarity and fairness toward establishing rules of the game clearly for crypto firms as well as the consumers, to whom transparency should be applied and…
– Advertisement – As altcoin season gains traction, the spotlight is on Ethereum and Bitcoin to see which will steer the market. Data from ChangeNOW indicates that transaction volumes for both coins have surged. ChangeNOW, a service allowing cryptocurrency exchanges without registration, is favored by savvy investors and whales prioritizing fund safety. The increase in…
FreeBnk, the innovative neobank bridging traditional and decentralized finance, is thrilled to announce its Crypto Visa Card, which boasts unmatched global coverage in 140+ countries. This milestone sets the stage for a comprehensive brand overhaul launching in January, reinforcing FreeBnk’s commitment to excellence and innovation. Crypto Visa Card: Redefining Spending in the Digital Era…
Cardano Foundation has responded to criticisms of its overt involvement in the Project Catalyst program, noting that it is acting in the network’s best interests. In a blog post, the non-profit organization explained its role within the Cardano Network. According to the Foundation, it has been actively involved in Project Catalyst since 2021 through participation…
The partnership will see OpenLedger leverage the $6 billion TVL in Ether.fi to bolster network security and enhance scalability. Decentralized AI platform OpenLedger, which provides a data blockchain for AI model development, announced a strategic partnership with Ether FI, a leader in restaking infrastructure, to enhance the platform’s AI capabilities, security and scalability. Announced Tuesday,…
The cryptocurrency market in 2024 has seen a strong rise, largely due to President-elect Donald Trump’s entry, pushing Bitcoin (BTC) to a new high of $106K. Bitcoin’s rise in value sparked a wider increase in the global crypto market, bringing its total market cap to around $3.65 trillion. One of the key trends during this…
Metaplanet Inc. issued ¥4.5 billion in bonds to finance Bitcoin purchases, aiming to strengthen its position among top corporate Bitcoin holders. The bonds have a 0% interest rate and will mature in June 2025, as Metaplanet builds on its established Bitcoin acquisition strategy. The company plans additional private placement bonds worth ¥5 billion, expanding its…
In a pivotal development, Mt. Gox, once the leading cryptocurrency exchange, has executed substantial Bitcoin transactions totaling 191,678 BTC, which equates to about $20.42 million, to a newly designated address. This was followed by the transfer of an additional 1,428 BTC, bringing the total transactions to approximately $152 million. Current estimates suggest that Mt. Gox…
December 17, 2024 at 05:48 PM GST updated: December 17, 2024 at 05:01 PM 2 mins read News Justin Sun’s ETH maneuvers spark trader interest, with $366M profit and potential sell-offs looming amid $4,000+ prices. Ethereum eyes $4,614 as bullish patterns form; $3,500 support holds firm amid price volatility and steady trading volumes. Long-term targets…
Two major developments in blockchain technology emerged this week, highlighting ongoing efforts to enhance scalability and efficiency across layer-1 networks. Avalanche rolled out its largest upgrade to date, Avalanche9000, introducing improvements that reduce costs for launching subnet blockchains and running smart contracts. Meanwhile, Monad Labs announced the formation of the Monad Foundation, an independent entity…
In a recent development that caught the eye of many in the cryptocurrency world, Justin Sun, the creator of Tron (TRX), made comments alluding to a major announcement related to the TRX coin. Through an oblique online statement noting that “a sizeable event is imminent” for TRX, Sun ignited rampant theorizing and intense interest among…
Roger Ver, famously known as “Bitcoin Jesus,” is locked in a $48 million tax dispute with the IRS. The accusations stem from alleged tax evasion after Ver renounced his U.S. citizenship. In December 2024, his legal team requested the dismissal of the charges, arguing that unclear tax rules and improper prosecution were at play. The…
Neither the author, Tim Fries, nor this website, The Tokenist, provide financial advice. Please consult our website policy prior to making financial decisions. Investors like to see capital-allocation hierarchies, and Nasdaq-100 (NDX) is one of them. Year-to-date, this index grew by 32%, capturing the performance of the 100 largest non-financial firms. Nearly 60% of Nasdaq 100 companies…
Ripple has made it official—everyone can now use its RLUSD stablecoin starting today, December 17, 2024. Given Ripple’s deep expertise in global payments, this addition will contribute to bolstering the XRP Ledger and further developing Ripple’s growing financial ecosystem. Ripple’s President, Monica Long, shared her insights on the launch, stating: “The world of stablecoins is…
– Advertisement – Popular meme coins have made headlines with massive gains, but there are hidden gems in the crypto world with even greater potential. A small investment now in certain altcoins could grow into millions by 2026. This article uncovers five promising tokens that might transform a modest $10 into a fortune, revealing why…