Category: Altcoins

Ethereum’s Wrapped Bitcoin Set to Eclipse Lightning Network Capacity

Ethereum's Wrapped Bitcoin Set to Eclipse the Lightning Network's CapacitySince the project launched a little over six months ago, Wrapped Bitcoin (WBTC) has roughly $5.9 million or 558 BTC locked into the system. At the rate WBTC’s token contract is climbing, the project is close to surpassing the Lightning Network’s capacity in the near future. Also read: The ”Wrapped Bitcoin” Project Has Now Officially […]

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8 Irate Quotes From Officials Who Hate Facebook’s Digital Currency

8 Irate Quotes From Officials Who Feel Threatened by Facebook’s Digital CurrencyThe best thing about Facebook’s proposed digital currency isn’t its BTF consensus algorithm, account-based data model or single Merkle tree structure. No, the greatest thing about Libra has to be the triggered reactions from politicians and bankers who can sense the rug being pulled from under their feet, threatening their hegemony and upending their world […]

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These Cryptocurrency Exchanges Offer Futures Markets on Unreleased Tokens

These Cryptocurrency Exchanges Offer Futures Markets on Unreleased TokensOfficially, Cosmos atoms have yet to reach a cryptocurrency exchange, and until the Cosmos network votes to approve their listing, atoms aren’t tradable anywhere. Unofficially, you can buy and sell Cosmos tokens on half a dozen exchanges already, where the spot prices differ wildly. Welcome to the world of cryptocurrency derivatives, where futures markets can […]

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Old School Altcoins Can’t Stop Popping

Old School Altcoins Can’t Stop PoppingViacoin. Groestlcoin. Steem. Enjin. Civic. Long forgotten altcoins and dormant shitcoins have been having a fun week. Left, right, and center altcoins have been popping off, producing 100%+ gains for those fortunate to have been holding a bag. The question on many traders minds is whether these movements are isolated events or evidence of something […]

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Universal Protocol Alliance Launches Interest-Paying Stablecoin UPUSD

A consortium of blockchain companies including Bittrex International, Brave, Cred, and Bitgo is launching a new stablecoin. Universal Protocol Alliance’s Universal Dollar (UPUSD) is a dollar-pegged token whose holders will earn interest, just like a regular savings account. The consortium has announced ambitious plans to launch UPUSD in Africa and Latin America first, to attract […]

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Tron Partners With Tether to Launch TRC20-Based Stablecoin

Tron Partners With Tether to Launch a TRC20-Based Version of the USDT StablecoinTether (USDT), the seventh most valuable crypto asset by market cap, has shrugged off attempts by newer stablecoins to usurp it. Now, a new version of tether is coming to the Tron network. Also Read: Gibraltar Exchange to List Bitcoin Cash Fiat Trading Pairs Tether to Trade on Tron Tron is officially partnering with Tether […]

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An In-Depth Look at Ethereum’s Maker and Dai Stablecoin

An In Depth Look at Ethereum's Maker and the Stablecoin DaiSince tether (USDT) bolstered the idea of a working stablecoin over the last few years, there’s been a variety of different types of stable cryptocurrencies that are usually pegged to the U.S. dollar. However, there’s one particular stablecoin that’s been a hot topic of discussion lately called dai, a coin that’s backed by ethereum locked […]

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Markets Update: Altcoins Gain on BTC

Markets Update: Altcoins Gain Against BTC Amid ConsolidationThe recent bounce in the value of many leading cryptocurrencies relative to fiat currency has comprised the first bullish action in several months. Since bottoming out during the third quarter of 2018, many leading altcoins have made significant bullish moves against BTC. Also Read: BTC-e Operator Alexander Vinnik Terminates His Hunger Strike BTC and BCH […]

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More Than 30% of BTC Traffic Stems from the Veriblock Project

More Than 30% of BTC Traffic Stems from the Veriblock ProjectOver the last few weeks, a blockchain project called Veriblock whose protocol piggybacks off the Bitcoin Core (BTC) network has sparked debate. More than a quarter of BTC’s transaction numbers stem from the Veriblock system and the project has been criticized for using the blockchain in this manner. Also Read: Orca Pool Mining Operation Aims to Defend […]

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Orca Pool Mining Operation Aims to Defend Altcoins and Forks From Attacks

Mining Operation Orca Pool Aims to Defend Altcoins and Forks from AttacksLast November the Bitcoin Cash (BCH) community witnessed a hash war that resulted in a bifurcation of the main chain. The spat saw one of the first examples of the alpha miner strategy and an attempt to truly test Nakamoto consensus. About a week before the fork, a new mining operation was announced called Shark […]

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St. Louis Federal Reserve Predicts ‘Flood’ of Altcoins Will Drive Down BTC Prices

The St. Louis branch of the Federal Reserve bank has published a report seeking to examine the long-term prospects of BTC as an investment. The paper is highly critical of bullish outlooks for bitcoin, asserting that a “flood” of altcoins will deflate the price of all cryptocurrencies relative to fiat currencies over time. Also Read: Marshall […]

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Tron Can’t Handle Bittorrent’s Transaction Volume, Former Exec Claims

Tron Can’t Handle Bittorrent’s Transaction Volume, Former Exec ClaimsSimon Morris, who was Bittorrent’s chief strategy officer until July 2018, has expressed his doubts about the capability of the Tron blockchain to process the vast number of transactions that the popular file-sharing platform will demand. Morris believes there’s more marketing than technology behind the launch of the new crypto token. Also read: Iran Labels […]

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144 ICOs Launched During 2017 Failed Last Year

144 ICOs Launched During 2017 Failed Last YearCoinopsy, a website that maintains an active catalog of “dead” cryptocurrencies, currently estimates that 264 altcoins failed to survive the 2018 bear market. Of the projects that did not survive to see 2019, more than half were launched in 2017 through an initial coin offering (ICO). Also Read: Last Year’s Altcoin Army Have Become This Year’s […]

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Last Year’s Altcoin Army Have Become This Year’s Bitcoin Brigade

Last Year’s Altcoin Army Have Become This Year’s Bitcoin BrigadeThis time last year, altcoiners were jubilant at the soaring value of their respective cryptos, while gloating at BTC’s diminishing dominance. “Penny coins” such as Ripple, Iota, and Verge were rocketing, with fanboys decrying any media outlets that dared to “FUD” them. One year later, and most of those altcoiners have crawled back into the […]

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Pump and Dumps Are the Final Indignity for Dying Coins

Pump and Dumps Are the Final Indignity for Dying CoinsYou can tell an altcoin is close to death when its price soars. That may sound like a contradiction in terms, but that’s what can happen to crypto assets when they’re in the throes of death. With low liquidity and thin volume, exchange-listed altcoins are prey to manipulators who will send them skyward one final […]

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Cryptocurrency Exchanges Delist Dozens of Struggling Altcoins

Cryptocurrency Exchanges Delist Struggling Altcoins as Markets CrashKucoin has delisted 10 digital assets, including bitcoin gold and mobius, and Huobi has put 32 trading pairs on notice. Both exchanges cite issues to do with weak liquidity and trading volume as reasons for their action. But the flurry of delistings also point to how the cryptocurrency market downturn has taken a toll on […]

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A Look at 2018’s Best and Worst Performing Cryptocurrencies

A Look at 2018’s Best and Worst Performing CryptocurrenciesWith the dust all but settled on 2018, it’s time to reflect on the year’s best and worst performing cryptocurrencies. In the Best category, there are few standout candidates, with all major altcoins deeply mired in the red. The Worst category, however, is stocked with shockers, including coins that need to multiply more than 100x […]

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Bitcoin ATMs Double in Number This Year

Bitcoin ATMs Double in Number This YearFor a markedly bearish year, 2018 turns out to have been pretty good for the spread of cryptocurrency teller machines. The number of bitcoin ATMs around the world has approximately doubled in the past 12 months. More than 4,000 devices in almost 80 countries are now exchanging fiat money for digital coins.    Also read: […]

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Bitcoin History Part 5: A Wild Altcoin Appears

Bitcoin History Part 5: A Wild Altcoin AppearsIt’s hard to imagine a time before cryptocurrency exchanges were stocked with hundreds of digital assets. A time before the pejorative “shitcoin” had been coined and there was no such metric as bitcoin dominance. But travel back to late 2010 and that’s exactly what you’d have found: a cryptosphere in which BTC was the only […]

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A Look at Some of 2018’s Most Popular Cryptocurrency Traders

A Look at Some of 2018’s Most Popular Cryptocurrency TradersCryptocurrency trading is a popular pursuit, as the fluctuation of digital assets provides plenty of profit-taking opportunities. The volatility gives expert traders enough room to pull in daily profits by carefully predicting price movements. Digital currency fans follow a slew of sophisticated traders online because they frequently publish technical analysis (TA) or short-term outlooks for […]

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New Platforms Track Major Stablecoin Markets

New Platforms Track Major Stablecoin MarketsThe birth of more stablecoins, which has coincided with significant market losses for traditional cryptocurrencies, has drawn attention to these fiat-pegged digital assets. Dedicated platforms are now aggregating statistical data about stablecoin markets for the benefit of traders. Also read: Chat Bot Advises Crypto Startups and Investors The Stablecoin War Is Heating Up The last […]

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Fundraiser Aims to Raise $1M in Cryptocurrencies for Venezuelans

Fundraiser Aims to Raise $1M in Cryptocurrencies for VenezuelansA cryptocurrency “airdrop” fundraiser has been launched to help Venezuelans. People are donating funds via a number of different coins to the citizens of the crisis-stricken South American nation — many of whom are refugees. Also read: Venezuelans Remain Skeptical After President Maduro Raises Petro’s Value Donate Coins to People in Need Launched by Airtm, a […]

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Venezuelans Remain Skeptical After President Maduro Raises Petro’s Value

Venezuela Orders Government Services to Accept Any CryptocurrencyNicolas Maduro’s move to increase the price of the petro, the country’s oil-backed cryptocurrency designed to counter inflation, has sparked intense debate. Experts and tech-savvy Venezuelans alike are less than enthusiastic about the Venezuelan president’s decision. Also read: Maduro Orders Price of Venezuela’s ‘Cryptocurrency’ to More Than Double Venezuelans Unimpressed by President’s Latest Proclamation Venezuelans have blasted […]

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Markets Update: Cryptocurrencies Continue to Suffer From Deep Losses

It’s been a tough week for cryptocurrency holders, as the top 10 virtual currencies by market capitalization have lost 30% to 60% of their value over the past seven days. Prices this low have not been seen since the spring of 2017 and at the moment the entire economy of all 2000+ coins has a […]

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