Altcoins

Peter Brandt: 99% of Altcoins Will Be Forgotten in Five Years

The altcoin market continues to bleed out, setting one fresh low after the next. It’s caused the overall crypto market sentiment to reach extreme fear and despair, with many worrying that the altcoins they hold may never again return to their previous all-time high prices.The post appeared first on NewsBTC
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Jibrel Network Could Turn Middle East Oil Wealth Into Tech Startups

Oil-rich economies of the Middle East and North Africa are looking for ways to diversify, and the Jibrel Network (JNT) is leveraging blockchain technology to make it happen. Private financing has a new avenue for building wealth, according to the development company, with “young and tech-savvy entrepreneurs” in the region moving into new industries and...
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Eligma raises €4 million in funding from Roger Ver’s Bitcoin.com and Pangea Blockchain Fund

The current payment infrastructure surrounding retail stores prevents them from tapping into potentially substantial businesses from the cryptocurrency community. Eligma is an one of the growing exceptions, with the firm raising over €4 million ($4.4 million USD) in investments from Bitcoin.com and Pangea Blockchain Fund. Eligma plans to bridge this gap using Elipay – an...
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Amazon Will Likely Announce Cryptocurrency to Threaten Facebook’s Libra: Report

Even though Amazon is yet to announce any plans for its own digital assets, a new report which surveyed opinions from several analysts, has claimed that Amazon is very likely to announce a Libra competitor. A few months ago, Facebook revealed plans for its own cryptocurrency called the Libra, and also announced the Libra Association....
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Libra’s dependence on governments, central banks is its biggest weakness, claims eToro CEO

The steady growth of the cryptocurrency market has caught the attention of a lot of major tech giants, including the likes of Facebook, JP Morgan and now, Telegram. Out of these, Facebook’s Libra remains the most talked-about project, not only owing to its huge user base, but also due to the several hearings which have...
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Binance Takes Over Seychelles-Based Crypto Exchange JEX

Binance enters into the cryptocurrency derivatives market with the acquisition of an exchange based in Seychelles, JEX, which will rebrand to Binance JEX offering options, futures, and perpetual contracts. The crypto industry is growing constantly with new deals and investments dominating the scene over the years. Binance, the world’s largest exchange by trading volume, has...
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Venture Capitalists are Slowly Backing Away from the Crypto and Blockchain Sector

2019 has not been a bad year for crypto as some assets, including Bitcoin, have seen more than 100% in ROI. However, funding is significantly reduced and venture capitalists seem to be backing off. Why is this happening? The bear market which started in 2018 was a very disappointing period in crypto. This was made...
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Malta-based Binance announces second phase of Binance Lending Products

Changpeng Zhao-led cryptocurrency exchange, Binance, recently launched a crypto-lending platform on its network. The exchange had informed the community that the lending platform was supporting just three assets, namely, BNB, ETC, and USDT. Holders of the aforementioned coins could engage in lending and further, earn interest through the exchange’s services. The Malta-based exchange will be...
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Binance Announces Phase Two of Lending Products Platform

After a highly successful phase on launch of Binance Lending, the exchange has now announced the launch of a second phase with a few more digital assets added including BTC, ETH, and ADA. The Changpeng “CZ” Zhao-led Binance cryptocurrency exchange, has now announced that it is ready to launch the second phase of its Binance...
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Legit or Not, Liquid Discloses Blockchain Wallet Address for Telegram’s Gram Token Sale

Photo: Liquid / Instagram Japan-based cryptocurrency exchange Liquid, that conducted a sale of Telegram’s crypto tokens back in July, has revealed the wallet address where the sum will stay until releasing of the tokens. The wallet, as announced, carries $4,123,116.76 worth of the USDC stablecoin. As we previously reported, the strange story started out in...
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Everything You Need to Know about Hive OS: The Ultimate Mining Management Platform

Hive OS is the ultimate mining management platform which provides a more efficient administration of a large mining farm. Hive OS is free with firmware Hiveon ASIC while the Hiveon Pool is the most profitable and efficient mining pool. Hive OS is a mining platform which allows for the easy setup and overseeing of all...
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Bitcoin Dominance Hits 2 Year High But Could be Facing Resistance

This year has been all about Bitcoin. Even the handful of altcoins that have made good gains are now losing them as BTC crushed them all with its increasing market share.Bitcoin Dominance at 2 Year HighAccording to charts on Tradingview.com BTC dominance topped 72.5 percent today. Its recent move back into five figures has kept...
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Bitcoin Price Surges 7% Overnight, Hitting 70% Dominance vs. Altcoins

The bitcoin price increased from $9,766 to $10,500 as its dominance over altcoins and the rest of the cryptocurrency market hit 70 percent. | Source: Shutterstock The bitcoin price increased from $9,766 to $10,500 in the past 24 hours as its dominance over altcoins and the rest of the cryptocurrency market hit 70 percent. Prior...
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Ethereum In ‘Dangerzone’ As Volatility Nears All-Time Lows

It seems the second-largest cryptocurrency by market cap only has its ‘second-to-Bitcoin’ status to be proud of.  Market volatility is at a 3-month low compared to bitcoin, according to data from Skew Markets. A host of other indicators are also pointing towards an upcoming ‘danger zone’ situation for Ethereum.  Low Volatility Means Unattractive Investment Let’s...
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Altcoins Set Fresh Yearly Lows Against Bitcoin, XRP and TRX Worst Performers

The altcoin market has been bleeding out for what feels like forever now. The selloff has picked up in severity in recent weeks, but first started back at the start of 2018 when the crypto bear market first began, and Bitcoin price crashed, bringing down the rest of the market with it.But throughout much of...
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Binance Kicks Off Two Crypto Futures Testnet Platforms to Determine User Favourite

Binance has announced crypto futures platforms to be tested by users for a period of 5 days. Binance plans to give out over $200,000 to participants and will deploy the winning platform upon completion of the competition. Easily the largest cryptocurrency exchange platform worldwide, Binance has now announced the launch of two test platforms in...
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Libra’s launch could weaken ECB’s ability to set financial policies, says ECB Board Member

Facebook’s Libra continues to face resistance from institutions across the globe. Yves Mersch, ECB Board Member, was the new entrant to join the list of Libra’s critics. Yves Mersch, who is a former Governor of Luxembourg Central Bank, believed that the proposed virtual asset’s launch could weaken European Bank’s ability to introduce monetary policies and...
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Tron’s TRX added on Bithumb; TRX/BTC and TRX/USDT trading pairs now available on exchange

Justin Sun’s Tron Foundation has time and again exhibited its dominance in the DApp space. Most recently, Tron added six new DApps into its network and currently shelters a total of 568 DApps. Irrespective of the several developments and progress of the Foundation, Tron’s native cryptocurrency, TRX had a tough week as the coin was...
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Celebrity Boxing Champion Manny Pacquiao Launches Own ‘PAC’ Tokens

Popular boxing welterweight champion, Manny Pacquaio, has just launched his own cryptocurrency. The ‘PAC’ tokens will be listed on the GCOX in Singapore and will allow fans to interact with the superstar as well as purchase merch. In recent times and with the adoption of cryptocurrency growing at a steady rate, there has been no...
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Facebook’s Libra vs Telegram’s Gram: Why the two are similar and yet so very different

Messaging platform Telegram recently announced the launch of its native cryptocurrency, GRAM. The company revealed that the messaging giant’s blockchain would be compatible with Ethereum which would further allow users to operate Ethereum’s DApps on the Telegram blockchain through Solidity. The Telegram Open Network [TON], which is Telegram’s blockchain will publicly debut its testing today...
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Binance: China’s Digital RMB To Operate As ‘Two-Tier System’

A recent report from Binance Research has looked into the potential characteristics that can be expected for the proposed digital currency of China.  As members of China’s government and central bank have indicated, this digital currency will utilize a ‘hybrid’ system that includes blockchain features and other operating technologies. The market analysis and research arm...
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The hare and the Tortoise: Bitcoin emerges victorious as FAANG stocks snooze

Slow and steady, wins the race, the popular adage holds true for Bitcoin and FAANG stocks. Drawing parallels between the fable and current market, FAANG stocks emulate the speedy hare, one-directional and over-confident. While the slow tortoise can be envisioned in Bitcoin, always persistent and sets its own pace. The tortoise of this race, Bitcoin,...
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Sunday Digest: Bitcoin Price, Libra-Killers and Craig Wright (again)

Obviously, it’s still just about the end of summer, so French air traffic controllers have decided to go on strike. Maybe there would be less annual havoc across Europe’s skies if they ‘paid them in Bitcoin’? Bitcoin Price: Yet More Consolidation So BTC has spent another week trading sideways in a band around $10k. Whilst...
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Facebook’s Libra might fill Bitcoin’s void as a payment network, suggests Arba’s CEO

Social media giant, Facebook’s dramatic entry into the crypto-sector diverted the attention of the world towards the ecosystem. Even as Facebook struggled to receive support from lawmakers, several people from the crypto industry expressed their support toward Libra. Citing Facebook’s strong global reach, the community regaled benefits of the social media giant’s entry into the...
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Tron Foundation’s DApp report reveals release of new DApps, growing smart contract numbers

The Tron Foundation became part of the cryptospace in 2017 and regardless of its late entry into the ecosystem, the Foundation hasn’t steered away from the spotlight. Owing to his clever and relentless marketing, CEO Justin Sun has managed to retain public excitement for the ecosystem. Tron’s dominance in the DApp space is undefeatable, nevertheless,...
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Litecoin’s Charlie Lee raises the question of Dash’s centralization again

Compeititon is the currency of success in the crypto-community, and the proponents of one virtual asset often draw out comparisons with others to establish their own supremacy. Charlie Lee seems to have fallen in the the same group as in a recent Twitter thread, the creator of Litecoin re-ignited the Dash-Litecoin debate after taking a...
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Billionaire Hedge Fund Manager Eyes $1 Billion Crypto Venture

A new tool for crypto hedge funds is in the works. This will provide accurate investment choices for these institutional members of the crypto-verse. Billionaire Alan Howard is the mastermind of this innovation. Superstar Hedge fund manager Alan Howard has decided to create a unique enterprise which will forever change the crypto space. Created by...
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Cardano’s Shelley ‘successfully’ completes 1st phase of testing, announces Charles Hoskinson

Cardano’s Shelley has been one of the most anticipated development projects for the virtual’s asset ecosystem. IOHK’s Charles Hoskinson has released a series of updates, with regards to the progression of the project in his recent AMA. It was reported earlier that Shelley’s testnet program would be categorized into three phases and according to Hoskinson,...
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Zcash’s for-profit developer reveals block reward distribution while its average monthly deficit soars

The Electric Coin Company’s privacy-focused coin, Zcash, was in the news lately after the San Francisco-based cryptocurrency exchange, Coinbase, announced that it no longer supported the altcoin for UK customers. The exchange did not disclose any details for the delisting of the coin, which in turn led to several speculations by the crypto-community. A recent...
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Telegram Starts Public Testing of Ethereum-Compatible TON Blockchain

According to some reports, Telegram Open Network (TON) will be compatible with Ethereum. The company is set to release the code to run a node on the Telegram Open Network (TON) on Sunday. It seems that Telegram messenger is planning to begin public testing of its long awaited blockchain, TON (the Telegram Open Network) on...
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