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This 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 woodwork or returned to their first love – Bitcoin.
Also read: Over 900 Retailers Worldwide Now Accept Bitcoin Cash
Ethereum (ETH) has shown significant momentum over the last few weeks and is now up more than 78% from its mid-December low. After holding the $ 135 level for most of the last week, ETH surged 13.8% in early trading Wednesday to $ 154.48 — giving the altcoin a $ 16.09 billion market cap. With this major move, […]
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Colin LeMahieu, the creator of Nano (NANO), believes Ripple’s XRP is too slow, centralized and risky for financial institutions to adopt. “Many FX firms I’ve talked with have considered and dismissed them based on the fact that one company holds over 50% of the market cap,” LeMahieu told Crypto Briefing on Friday. “A single company holding […]
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It’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 coin in town. But all that was about to change.
Also read: Bitcoin History Part 4: Casascius Creates Physical Bitcoins
Earlier this week, Hong Kong-based OKEx revealed the names of the altcoins set to lose low-volume trading pairs this December in the exchange’s third round of delistings. DELISTING OF TRADING PAIRS: We will delist several TRADING PAIRS with weak liquidity and trading volume according to the OKEx Token Delisting / Hiding Guideline. #OKExAnnouncementhttps://t.co/cjcYf8EQcd — OKEx (@OKEx) November […]
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Bakkt, the new crypto exchange venture backed by Intercontinental Exchange (ICE), the parent of the NYSE, is apparently open to expanding beyond its planned Bitcoin (BTC) futures trading product to include other digital currencies. In a brief Q&A tweet, Bakkt revealed that it is receiving significant feedback regarding altcoin trading products, and emphasizes that it is willing to explore […]
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Led by ripple (XRP), the bitcoin and the altcoin markets edged lower on Thursday after staying on the bulls’ side for most of the week. Ripple Price Headlines Pullback The cryptocurrency market as a whole witnessed their uptrends getting stalled. Other top performers during the previous rally, including stellar (XLM), bitcoin cash (BCH) and EOS,
The post Ripple (XRP) Leads Altcoin Retreat as Early-Week Rally Fizzles appeared first on CCN
Hong Kong-based crypto exchange OKEx announced this week that it will delist nearly 60 trading pairs attached to altcoins currently on its platform. Delisting of Trading Pairshttps://t.co/nokI3UfKnG Click here to find more previous announcements: https://t.co/4cvGjbYaIN #OKExannouncement pic.twitter.com/KmtNbHnA1C — OKEx (@OKEx_) October 25, 2018 According to the announcement, OKEx will be delisting BTC, ETH or USDT trading pairs […]
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In the world of cryptocurrency, a lot of projects are created for a very specific purpose. Halloween Coin was primarily created to celebrate Halloween in 2017, even though it seems this altcoin is still getting a bit of attention this year.
Although there is some merit to themed cryptocurrencies, most of these projects simply do not work out all that well. Tying an entire project to a specific time of year or once-in-a-lifetime event will not necessarily generate a lot of buzz afterward. In the case of Halloween Coin ($ HALLO), its exact purpose has always been a bit unclear. It all dates back to the official announcement date of the “relaunched” coin.
Just a day after announcing that it will make its listing fees public and donate all proceeds to charity, Binance has made a move to delist four cryptocurrencies that trade on the leading exchange. According to the latest announcement, Binance will delist Bytecoin (BCN), ChatCoin (CHAT), Iconomi (ICN) and Triggers (TRIG) on November 12 at 10:00 AM (UTC). Binance […]
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“On Oct 13, 3:00 CDT I will be doing a 51% attack against the cryptocurrency Einsteinium,” began the call-to-arms. As promises go, this one was as bold as it was brazen. The anonymous attacker has promised to assume majority hashrate control of an altcoin to demonstrate how easy the process is. As proof, they’ve not only given fair warning of the attack, but have promised to livestream the event.
Also read: You Can Now 51% Attack a Coin for as Little as $ 500
The cryptocurrency world is about much more than just Bitcoin and Ethereum. A lot of traders show a keen interest in trading altcoins, though finding the best platforms to do so may be a challenge. The following six exchanges lead the pack in terms of trading volume at this time. Keep in mind, not all altcoins and tokens are supported by these exchanges.
Whitepapers, you probably see them all the time, but do you actually read them? Blokt have recently published an article that discusses the importance of reading whitepapers when deciding to invest in new cryptocurrencies and it’s a sentiment that we want to reiterate.
We only ever encourage safe and thought out investment, reviewing whitepapers is one way that you can ensure your research is valid and informed, as ultimately, whitepapers set out to highlight absolutely everything about the token and the project it represents.
Continue reading Vital Whitepaper Research Can Make You A Better Altcoin Investor at Crypto Daily™.
Ethereum (ETH) is about to make or break the altcoin rally. The above chart for ETH/USD tells the whole story and leaves little room for interpretation. The price is currently resting atop the 21 Day EMA. Below that is the 38.2% Fibonacci retracement level. Above the price is the 61.8% retracement level. Having become range bound these past few days, Ethereum (ETH) now has a support at the 21 Day EMA and the 38.2% Fibonacci level.
Continue reading Ethereum (ETH) Could Make Or Break The Altcoin Rally at Crypto Daily™.
Ripple (XRP) has already kicked off the altcoin rally. It does come as a surprise considering the change of sentiment that Ripple (XRP) has magically achieved over the past few weeks. As always, the team behind Ripple (XRP) shows a glimpse of its talent. News of partnerships with more financial institutions has sent the price on a bullish spree these past few days. While some may think it is not sustainable and that the price may fall down if Bitcoin (BTC) trade sideways, we believe that is not the case.
Continue reading Ripple (XRP) Has Already Kicked Off The Altcoin Rally at Crypto Daily™.
Bitcoin (BTC) dominance is on a steady decline. Since the evolution of the altcoin market in 2017, we have seen Bitcoin (BTC) drop from its historical dominance levels towards new lows. The trend is expected to continue for the foreseeable future. This is a favorable development for the crypto community as a lot of good projects will continue to receive the funding they need to contribute to the blockchain industry. Bitcoin (BTC) had a long span of absolute dominance since its inception.
Dogecoin – the cryptocurrency that began as a meme and one that represents cute little Shiba Inus everywhere – has dropped quite a bit. Over the past two months, the currency has been a real surprise in the altcoin space, moving up the financial ladder while other altcoins experienced slips in their attempts for glory. A lot of traders are extremely excited about the recent dogecoin price action. However, can the market hold the bullish momentum?
Not everyone is sold on the future outlook of Litecoin (LTC), the cryptocurrency often considered the silver to Bitcoin’s gold, and some hedge funds have even gone as far as shorting the altcoin near 52-week lows. In a recent report published by Multicoin Capital, a sizeable crypto hedge fund backed by notable VC Fred Wilson with $ 75 […]
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It is a rare sight in the crypto community to see Ethereum (ETH) in the green after a long queue of weeks in the red. The daily chart above for ETH/USD shows that Ethereum (ETH) is just a single step away from kicking off the altcoin rally. This chart is the perfect example of how history may not repeat itself but it does rhyme. The pattern of rise before 2018 bears a striking resemblance to the one just after 2017.
Continue reading Ethereum (ETH) One Step Away From Kicking Off The Altcoin Rally at Crypto Daily™.
The price of Aurora (AOA), a blockchain platform that leverages a delegated proof of stake (DPOS) and Byzantine fault tolerance (BFT) consensus mechanism, has gained 60% over the past 24 hours. After hitting a low of $ 0.008688 Wednesday, AOA has rebounded to $ 0.014648 and currently has a market capitalization of roughly $ 49 million, making it the […]
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