Category: Altcoin News

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Crypto Market Sentiment Climbs Higher; Bitcoin Gets Company

The cryptocurrency market sentiment made another long step upwards for the third week in a row, and now we see the combined moving average 7-day market sentiment measure, Sentscore, for the top 10 coins standing at 5.83, compared to last week’s 5.47/10, according to Omenics, a cryptocurrency market sentiment analysis service. Unlike last week however,…
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Lithuania Central Bank: Limited Edition Digital Coin Ready for Launch

The reverse of the coin. The Bank of Lithuania, the country’s central bank, has approved a physical sample of the LBCoin, a token that it claims will be the world’s first blockchain-powered digital commemorative coin. The bank says the token will be issued in spring this year. The coin is made of silver and will…
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Ethereum Classic Nears Top 10 Cryptos After Rallying 180%

Source: iStock/_iceman Ethereum classic (ETC) has been in a parabolic run, starting in late December and accelerating over the course of this week. As of pixel time (10:00 AM UTC), the ETC rally has brought the price up by 80% in the last four days, and over 180% since the bottom on December 18. Following…
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Ripple Spent Less Lobbying but Had More Lobbyists Working With Trump’s Staff

Donald Trump, the President of the U.S. Source: a screenshot, Instagram, realdonaldtrump Compared to 2018, California-based blockchain startup focusing on payment technologies, Ripple, had more lobbyist but spent less on lobbying in the first three quarters of 2019, according to OpenSecrets.org – database of the Centre for Responsive Politics, a non-profit research group. The data,…
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Bitcoin Climbs To New 2020 High, Altcoins Gaining Bullish Momentum

After a short term downside correction, bitcoin price found support near the USD 8,550 area. Later, BTC/USD started a fresh increase above the USD 8,650 and USD 8,850 resistance levels. A new 2020 high is formed near USD 9,000 and the price is currently (09:00 UTC) trading with a bullish angle. Similarly, there were decent…
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Novogratz Wondered About the ‘Mysterious’ Altcoin Rally

Mike Novogratz. The prominent Bitcoin bull Mike Novogratz admitted to his followers on Twitter that he struggles to understand the recent altcoin rally. “I’m not sure I understand the altcoin rally. Happy for those making money on it. But not sure what changed. Maybe new year, new money, new enthusiasm. Dinner in NYC for best…
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Liquid Cancells Pre-Sale of Non-Existent Telegram’s Token

Telegram’s much-anticipated Gram token pre-sale has been canceled and all funds have been returned to investors, said Japan-based crypto exchange Liquid. Elaborating on the reasons behind the cancellation, Liquid explained: “At the time of the Gram Token Sale on Liquid, it was anticipated that the TON [Telegram Open Network] mainnet would be launched by 31…
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Ripple Plays ‘USD 500bn XRP Market’ Card in Court

Brad Garlinghouse, CEO of Ripple. On January 15, Chief District Judge Phyllis Hamilton of the Northern District of California heard Ripple Lab’s case for dismissing a class action and now the company’s fate, as well as that of the “half a trillion XRP market”, is in her hands. The judge now needs to make a…
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Dash Up 70% in Two Days – What’s Driving the Rally?

As nearly all coins in the crypto market surge, the privacy-focused cryptocurrency dash (DASH) stands out as one of the biggest winners, recording a gain of about 70% over the past two days alone. In fact, large gains in the price of dash started to occur already in early January when the price bottomed out…
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Bitcoin SV Rally Cools Off as Craig Wright Opens ‘Pandora’s Box’

Craig Wright. Source: a video screenshot, Coingeek While Craig Wright news prompted bitcoin SV (BSV) rally is still based on speculations, rather than clear answers, the price of now the 4th largest coin has already dropped from its heights reached earlier today. At pixel time (11:15 UTC), BSV trades at c. USD 362 and is…
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