Tag: Altcoin News

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Here’s What You Need to Know About the Incoming Spark Airdrop to XRP Holders

December 12 will see an airdop of 45 billion spark tokens at a 1:1 ratio to XRP holders by blockchain platform Flare Network, which is backed by Ripple’s investment arm RippleX (formerly Xpring) – so let’s take a look at what that means. Spark is the native token of the Flare Network, created by a…
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MicroStrategy Buys More Bitcoin, Hong Kong Eyes Digital Yuan + More News

Traditional Chinese junkboat sailing across Victoria harbour, Hong Kong. Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news. Investments news MicroStrategy CEO Michael Saylor said that his company purchased another BTC 2,574 bitcoins for USD 50m in cash, at an average  Read…
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Crypto Market Sentiment Unchanged, Litecoin Takes The Week’s Throne

A new month has begun, the last in 2020, and its first week saw no change in the Cryptoverse’s market sentiment. The combined moving 7-day average crypto market sentiment score (sentscore) for the top 9 coins by market capitalization has just barely moved from 5.98 recorded last week to 5.94 this Monday, still standing right…
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Bitcoin and Altcoins Show Initial Signs of Fresh Increase

In the past few sessions, bitcoin price traded in a range below the USD 19,500 resistance. BTC also remained stable above USD 18,500 and USD 19,000. The price is currently (13:00 UTC) showing a few positive signs and it seems like there could be another push towards USD 19,500 and USD 19,800. Similarly, most major…
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33% of Surveyed ICO Investors Feel Deceived, But 56% Would Invest Again

Nearly 33% of surveyed investors feel that the initial coin offering (ICO) project they invested in deceived them, found South Korean business giant Hanhwa Group-backed crypto disclosure platform Xangle. However, 56% of all respondents said they’d make another investment if they had more information and research to help them. Investors are "excited" to put their…
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Sorry, Bitcoin, Altcoins Start Grabbing the Spotlight in Mainstream Media

Source: Adobe/Dušan Zidar Bitcoin (BTC) prices have been grabbing all the headlines in the mainstream media of late, with the token pushing toward the key USD 20,000 mark – but with altcoins also surging, some major conventional media outlets are now helping millions of their readers to find altcoins that outperformed BTC. In a roughly…
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OMG Rallies as OMG Network Sold To a New Owner

The OMG Network – operator of the Ethereum (ETH)-based OMG token (formerly OmiseGo) – has a new owner, news that has sent the token’s price up by almost 8% in the past 24 hours. At pixel time (09:21 UTC), OMG, ranked 43rd by market capitalization on Coinpaprika, trades at USD 4.05 and is up by…
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Banks Should Pay Interest on CBDCs to Reduce Tax Avoidance – Report

Too much stick and not enough carrot might be the wrong approach for those wishing to impose taxes on digital currencies: This was the surprising conclusion of a new report commissioned by the South Korean central bank, the Bank of Korea (BOK). Per EDaily, the report was co-authored by Jaevin Park, an assistant professor at…
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Bitcoin and Altcoins Bulls Show Positive Signs

There was an upside break in bitcoin price above the USD 19,000 and USD 19,200 levels. BTC even climbed above USD 19,400, but it struggled to surpass the USD 19,500 resistance. The price is currently (13:00 UTC) trading above USD 19,200 and the bulls push for a retest of USD 19,500 in the near term.…
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Stablecoins Get Another Headache In US, Ethereum Camp Feels Attacked Too

The stablecoin regulation act proposed in the US Congress has once again stressed an important difference between centralized and decentralized projects in terms of regulation. There is much discussion currently in the Cryptoverse over the recent announcement of an act that seeks to regulate stablecoins within the US. A major one is that the act…
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