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Neither the author, Tim Fries, nor this website, The Tokenist, provide financial advice. Please consult our website policy prior to making financial decisions. In 2024, Microsoft (NASDAQ: MSFT) purchased 485,000 of Nvidia’s (NASDAQ: NVDA) “Hopper” chips, marking a substantial investment in AI infrastructure larger than any of its tech rivals. This aligns with Microsoft’s role as the…
Lido Finance, a decentralized protocol introducing the concept of liquid staking, has reached a significant milestone in its fourth year of operation. For the first time, the platform has reported a net profit of $5 million, with $99 million in revenue and $94 million in costs for 2024. This marks the first profitable period in…
– Advertisement – As the crypto market experiences a powerful upswing, certain tokens are catching the eyes of discerning investors. These standout coins are generating buzz, hinting at substantial growth potential and attracting attention from those keen on emerging opportunities. Leading this surge is XYZ, the first all-sport memecoin uniting fans across major sports, aiming…
If you’re someone who enjoys games that keep you on the edge of your seat, Treasure Hunter might just be your next obsession. The game’s design includes a bold new take on risk and reward that challenges you to trust your instincts, make daring decisions, and embrace the thrill of uncertainty. Here’s what makes it…
Mr. Elon Musk doesn’t do small dreams. His name has become synonymous with tearing apart the old and building the new, which makes him so beloved in the crypto community. Now with his proposed “Department of Government Efficiency” (D.O.G.E), Elon could extend his ambitions straight to the Oval Office. We’re aware that Elon has said…
Beer Bear ($BEAR) officially launched the presale for its $BEAR token. $BEAR built on the Solana, known for its high-speed transactions and low fees. $BEAR is more than just a token – it’s a community-driven movement that brings together investors who value transparency, fun, and growth. Key Details About the $BEAR Presale The $BEAR token…
Deutsche Bank has launched a new Layer-2 blockchain solution called Project Dama 2, designed to address compliance challenges linked to public blockchains in traditional finance. This project is part of the Monetary Authority of Singapore’s (MAS) Project Guardian. It brings together major financial institutions to look into using blockchain technology for asset tokenization. Project Dama…
Remote enables US companies to pay contractors in USDC, offering a stablecoin alternative for international payments. Stripe and Remote’s collaboration ensures faster, secure payments for global contractors with a focus on compliance. USDC payments offer a hedge against inflation and streamline the global hiring process by reducing bank delays. Remote, a global payroll provider, now…
Market speculation intensifies as Arthur Hayes, co-founder of BitMEX, predicts a potential downturn in the cryptocurrency sector within the month. Hayes’ forecast emerges during a period of heightened discussions surrounding pro-crypto policies in the United States and the prospect of Bitcoin being adopted as a strategic reserve asset. Hayes: “Anticipate Short-Term Market Adjustments” In a…
George Town, Cayman Islands, December 13th, 2024, Chainwire Sonic Labs today announced the launch of the Sonic mainnet, an EVM-compatible layer-1 blockchain platform that offers developers attractive incentives and powerful infrastructure. With 10,000 transactions per second (TPS), sub-second finality, and a native, decentralized gateway to Ethereum, Sonic empowers developers to build the next generation of…
Blockchain interoperability and scaling solutions took significant strides this week with two notable developments aimed at addressing fragmentation and enhancing security across ecosystems. Omni Network launched its Core mainnet, introducing a unifying layer to streamline Ethereum’s layer-2 ecosystem, while Wormhole announced a collaboration with Nuffle Labs to expand EigenLayer’s restaking capabilities beyond Ethereum. Omni Network…
Bitcoin’s price has fallen below the $104,000 mark ahead of the U.S. Federal Reserve’s highly anticipated interest rate decision. Market expectations lean towards a 25 basis point rate cut, which could provide a short-term boost for markets. However, traders remain cautious as uncertainty looms over the Fed’s longer-term monetary policy. Let’s dive into the details….
The Bitcoin Policy Institute has proposed creating a Strategic Bitcoin Reserve under the U.S. Treasury’s Exchange Stabilization Fund (ESF) during Donald Trump’s presidency. This initiative aims to establish the United States as a global leader in digital assets, leveraging Bitcoin’s role as “digital gold” to drive technological innovation, capital inflows, and financial resilience. The plan…
Home » Journal » $1.6B in Crypto Assets Liquidated: How Plus Wallet and CTRL Wallet Are Responding with Mobile Solutions Last week, a whirlwind of activity, including intensified selling on Coinbase, spurred a staggering $1.6 billion crypto market liquidation. Despite this turbulence, the market is beginning…
The cryptocurrency world is buzzing with the market predictions of BitMEX co-founder Arthur Hayes. Hayes has indicated a significant decline in the market could occur within the next month. His comments come during a time when speculation around crypto-friendly policies in the U.S. and proposals for Bitcoin $104,715 as a strategic reserve are on the…
Solana became one of the most popular blockchains in 2024 following a surge in decentralized applications (DApps) and blockchain projects building on the network. Within this ecosystem, meme coins like PENGU, PNUT, POPCAT, and ACT emerged as key players, attracting substantial funds into the Solana ecosystem. However, their speculative nature has made them a risky…
Ethereum Name Service (ENS), the blockchain-based service that simplifies address resolution, has announced plans to develop its own Layer 2 network, dubbed Namechain, using Linea’s advanced technology stack. Ethereum Name Service Partners with Linea to Build ‘Namechain’ Layer 2 Network ENS selected Linea, a Layer 2 solution based on zkEVM, for its ability to maintain…
In a world where the boundaries of the digital and the physical often blur, law enforcement agencies continue to adapt their tactics in the fight against cyber-enabled crime. In a recent victory, the U.S. Attorney’s Office for the Western District of Washington announced it had seized approximately 32.68 bitcoin, then valued at $900,000, as part…
Mantra price rose for three consecutive days, becoming one of the best-performing cryptocurrencies as most others declined. Mantra (OM) token rose to $4, slightly above the lowest level this week. This rebound pushed the token’s market cap to over $3.8 billion. Its rally occurred even as the staking yield dropped to 15.4%. This represents a…
George Town, Cayman Islands, December 13th, 2024, Chainwire Sonic Labs today announced the launch of the Sonic mainnet, an EVM-compatible layer-1 blockchain platform that offers developers attractive incentives and powerful infrastructure. With 10,000 transactions per second (TPS), sub-second finality, and a native, decentralized gateway to Ethereum, Sonic empowers developers to build the next generation of…