Tag: Altcoin News

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Elon Musk Lights Dogecoin Candle Again, Removes Bitcoin From Twitter Profile

The world’s richest person, Tesla’s Elon Musk, caused quite a stir throughout the Cryptoverse again, with his series of posts about dogecoin (DOGE), calling it "people’s crypto." (Updated at 09:35 UTC: updates throughout the entire text.) Musk is back from his brief Twitter hiatus, and he tweeted a picture of an ascending rocket with just…
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Cardano Upgrades On Its Way To Offer Better Tokenization Than Ethereum

Source: Adobe/Skórzewiak The Cardano (ADA) testnet is officially in the multi-asset era, announced Cardano development firm IOHK. On February 3, at 20:20 UTC, "we successfully forked & applied the Goguen ‘Mary’ native token upgrade. Next stop mainnet, by the end of the month," tweeted IOHK after the event. The time of the hard fork was…
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What SEC Crackdown? Japanese Giant SBI Starts Offering XRP Lending

The bond between the Japanese securities and crypto giant SBI and Ripple remains as strong as ever – with the former’s crypto exchange extending its crypto lending offerings to XRP. SBI launched crypto lending for bitcoin (BTC) late last year for customers of its wholly owned SBI VC Trade crypto trading platform as part of…
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Former Social Media Giant Cyworld To Return With A New Token

A screenshot of a promotional Cyworld video. The erstwhile South Korean social media giant Cyworld is set to take a second stab at relaunching its business under new ownership – in a bid to retain its former glory with a new token. Per Hanguk Kyungjae, the firm is now under new ownership, after a consortium…
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Ethereum Eyes USD 1,600, Bitcoin and Altcoins Could Keep Rising

Bitcoin price remained well bid after it broke the USD 35,500 and USD 36,000 resistance levels. BTC even spiked towards USD 36,800 before correcting lower. It is currently (13:00 UTC) approaching USD 36,000, but there are chances of a fresh rise towards USD 37,000. Similarly, most major altcoins are trading in a bullish zone. ETH/USD…
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Binance Pay Launched ‘Softly’ and Binance Card ‘Going Strong’ – CEO

Major crypto exchange Binance has "softly, quietly launched Binance Pay" last Friday, currently in beta, said the CEO, discussing several other developing projects as well. While it’s relative hidden now, "if you can find the product, you can try it," joked CEO Changpeng "CZ" Zhao during the virtual Binance Blockchain Week, referring to the  Read…
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Active Addresses Number of Tether’s Tron Version Eclipsed Ethereum Version

There’s a shift of tether (USDT) activity from the Ethereum (ETH) to the Tron (TRX) version, while the ETH version still has much higher daily transfer value, according to crypto intelligence firm Coin Metrics. Since 2021 started, stablecoin daily active addresses have reached new highs, said the firm, and tether remains the most dominant stablecoin…
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Litecoin MimbleWimble Code Might Be Ready ‘Early 2021’

Litecoin (LTC) MimbleWimble (MW) initial code may be finished by the end of March, with the activation to follow necessary audits and reviews, according to David Burkett, the developer of Grin++, a Grin wallet with a built-in full node. "I’m wrapping up the code, but we also have auditors reviewing it and making suggestions. I…
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XRP Pumpers Hope For More Action; Cardano’s Hoskinson Warns of Pump&Dumps

It seems like XRP pumpers are hoping for additional upwards action, while Cardano (ADA) founder Charles Hoskinson, chimed in on the rising pump and dump issue across the crypto space, warning that those joining these scams will end up losing a lot of money. The most recent update by the aptly named Telegram group ‘t.me/pumpxrpofficial’…
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Economists: CBDCs to ‘Flop’ if They Aren’t Designed as Stores of Value

Source: Adobe/Сергей Шиманович Central bank digital currencies (CBDCs) could become a store of value, a new paper claims – a move that could help them avoid becoming “a gigantic flop.” These were the findings of two economics experts at the University of Wuerzburg, in Germany, who published their findings on the VoxEU portal, a media…
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