Category: Altcoin

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Ether Price: 30% Weekly Gain Driven by Bitcoin Rally – Next Stop $225?

Ether flipped bullish, gaining 24% as Bitcoin rallied 42% on Oct. 25. The altcoin now aims for $200. On Oct. 25 Bitcoin (BTC) unexpectedly gained 42%, one of the largest daily gains witnessed since 2011. A number of altcoins benefitted from this startling upside move and Ether (ETH) rallied 24.23% alongside Bitcon.  Daily crypto market…
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Privacy-Focused Cryptos Hunted Down by Forensics and Exchanges

Major crypto markets are forced to delist privacy coins as per FATF requirements, is it counterproductive or a step in the right direction? As Japan and South Korea — two of the largest cryptocurrency exchange markets in Asia — are increasingly pressuring exchanges to delist privacy-focused crypto assets, and concerns are rising that it could…
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The Curious Case of AT&T, Seth Shapiro’s SIM Card and a Stolen $1.8M

Two AT&T employees have been accused of indulging in illegal SIM swap-related activities. Cointelegraph spoke with Seth Shapiro. Over the past week, the global crypto community bore witness to a unique case wherein California resident and blockchain entrepreneur Seth Shapiro filed a lawsuit against American telecom giant AT&T — alleging that a couple of the…
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China Passes First-Ever ‘Crypto Law’ Going Into Effect January 2020

China has passed the first-ever law specifically aimed at regulating cryptography and password management taking effect on Jan. 1, 2020. The Standing Committee of the 13th National People’s Congress in China has passed a new law regulating cryptography on Oct. 26 that will take effect on Jan. 1, 2020, reports local news outlet CCTV.  Per…
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Redditor Claims Miner Controls 50% BCH Hash Rate, Asks to De-List BCH

A Redditor spotted a Bitcoin Cash miner that apparently now controls more than 50% of its hash rate and asks to de-list BCH. An unknown Bitcoin Cash (BCH) miner was apparently in control of more than 50% of the token’s hash rate for 24 hours. The miner seemed to mine 73 blocks from 10 am…
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Poll: 60% Tell Vitalik Buterin ‘No’ to Ethereum Reversing Transactions

A survey by co-founder Vitalik Buterin drew more ire than feedback, with Twitter users berating him for even suggesting devs could intervene in smart contracts. Ethereum co-founder Vitalik Buterin has sparked controversy among cryptocurrency users after suggesting developers could reverse transactions.  Buterin’s community feedback falls flat In a Twitter survey on Oct. 26, Buterin quizzed…
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Tether Catching Up With BTC and ETH in Payments, Bloomberg Reports

Stablecoin Tether (USDT) has gained popularity as a payment method, catching up with Bitcoin and Ether according to a Bloomberg report. Stablecoin Tether (USDT) is gaining popularity as a payment method, with some analysts seeing it catching up with Bitcoin (BTC) and Ether (ETH). As Bloomberg reported on Oct. 25, cryptocurrency payments processor CoinPayments registered…
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Bahamas to Release Fiat Digital Currency to Counter Cash Dependence

The Central Bank of the Bahamas is planning to release its own fiat digital currency in order to ensure the economy’s resilience in the event of a natural disaster. The Central Bank of the Bahamas (CBOB) is planning to release its own fiat digital currency in order to ensure economies’ resilience in the event of…
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Justin Sun: TRON Will Partner With $100B ‘Mega Corporation’ Next Week

The master of hype and CEO of Tron, Justin Sun, announced that Tron will be partnering with a $100 billion megacorporation no later than next week. Justin Sun has teased an upcoming announcement that involves Tron (TRX) partnering with an unnamed “mega corporation.” “Make a guess?” Sun, the master of hype and CEO of Tron,…
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Altcoins React on BTC’s Sudden Surge, Some Major Coins Post Double-Digit Gains

Following Bitcoin’s sudden jump earlier in the day, altcoin markets have also entered the green zone, with some of the major cryptocurrency markets registering solid growth. Following Bitcoin’s (BTC) sudden jump earlier in the day, altcoin markets have also entered the green zone, with some of the major cryptocurrency markets registering solid growth. Cryptocurrency market…
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