Category: Altcoin News

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Cardano’s Charles Hoskinson: USD 4bn Stellar Burn Was ‘Insanity’

Charles Hoskinson. Source: a video screenshot, Youtube, Real Vision Finance Cardano (ADA) chief Charles Hoskinson has hit out at the Stellar Development Foundation (SDF)’s recent decision to burn 55 billion XLM tokens – worth some USD 4 billion at the time. Hoskinson stated that the move has created little in the way of value for…
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Even Tezos, the Only Green Coin in the Top 30, Turns Red

The red sea of the top 30 coins by market capitalization just lost its last green island today, Tezos (XTZ), as the market slump deepened. The world’s most popular crypto, Bitcoin (BTC), continued its fall that has lasted for almost a month now, reverting to its pre-rally levels. However, altcoins followed it down, leaving the…
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Bitcoin Cash Prices Enjoy Short-lived Recovery on USD 200m Fund News

Roger Ver. Bitcoin Cash was briefly the only token in the green among the top 10 cryptocurrencies by market capitalization today – likely boosted by news of the launch of a new USD 200 million fund. The token’s chief proponent, Roger Ver, announced yesterday that Bitcoin.com would be launching what he called an “ecosystem investment…
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Several Hundred XRP Accounts Linked to “Dirty” USD 400 Million

About USD 400 million worth of Ripple (XRP) has been found to be tied to illicit activity and several hundred XRP accounts are responsible for this, according to Elliptic, a London-based blockchain analytics startup. “We began researching XRP more than a year ago and have already identified several hundred XRP accounts linked to illicit activity…
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BOJ Rules out Digital Fiat, But Cambodia Could Issue a CBDC Next Year

The governor of the Bank of Japan (BOJ) Haruhiko Kuroda has ruled out the possibility of launching a digital yen in the short term, but says the bank will continue to look into digital currency technology should the bank change its stance at a later date. Per media outlet CoinPost, Kuroda also issued a warning…
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Multi-collateral Dai is Live, Drawing Praise, Criticism and Confusion

A multi-collateral stablecoin Dai is officially live and is assigned the name Dai. The single-collateral stablecoin Dai (DAI), now has been renamed to Sai. Following Friday’s executive vote by Maker (MKR) stakeholders, the MakerDAO system has seen the activation of Multi-Collateral Dai (MCD), and “beginning immediately, anyone, anywhere can upgrade” the old to new  Read…
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Grin Price Crashes on ‘Inaccurate’ ‘Broken Mimblewimble’ News

Source: iStock/Ja_inter Privacy focused cryptocurrency Grin (GRIN) plummeted in the last 24 hours after a report started making rounds online of an attack on the privacy protocol Mimblewimble. As a reminder, while Beam (BEAM) is the first implementation of Mimblewimble, it was followed by the long-expected, community funded privacy coin Grin, released at the beginning…
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Crypto Market Sentiment Lower Still; BTC and TRX Out of Positive Zone

The high scores didn’t last long. Observing the 7-day moving average, the combined market sentiment measure, Sentscore for the top 10 coins by market capitalization dropped again, for the second week in a row, from 5.5/10 we’ve seen last Monday, to 5.17 today, according to Omenics, a crypto market sentiment analysis service. Hence, it’s inching…
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Crypto Listing & Delisting Announcements: Week 46

Here is our weekly collection of digital asset listing and delisting, trading pair-related announcements by cryptocurrency exchanges that we found last week and today. Have we missed something? Do you have information about new listings and/or delistings? Let us know here. ______________________________ Binance Added new trading pairs: IOTX/USDT RLC/USDT Removed  Read more »Pay/Trade/Buy Bitcoin with…
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Bitcoin and Altcoins Hesitate But Further Losses Seem Likely

This past week, bitcoin price followed a bearish path and traded below the USD 8,650 and USD 8,550 support levels. BTC/USD traded to a new monthly low and it is currently (09:00 UTC) consolidating losses above the USD 8,400 level. The technical formation is bearish, suggesting more losses towards USD 8,250 or USD 8,000. Likewise,…
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