Tag: Altcoin News

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VeChain Among Top Performers, Price Doubles In a Month

After a parabolic rally that has brought vechain (VET) up among the top-performing cryptoassets over the past month, the coin today saw strong gains once again after correcting heavily on Sunday. As of press time on Tuesday (10:25 UTC), the 26th coin by market capitalization, VET, was up by 15% over the past 24 hours,…
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Crypto Listing and Delisting Announcements: Week 24

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. _________________________________________ Altility Listings: Hex2T (HEX2T) Bibox Listings:  Read more »Pay, Trade, Buy Bitcoin with…
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Crypto Market Sentiment Drops; Only Bitcoin and Ether in Positive Zone

Along with a drop in price, market sentiment score (sentscore) has moved away from the positive zone it had gotten very close to last week. According to crypto market sentiment analysis tool Omenics, the combined moving 7-day average sentscore for the top 10 coins dropped from 7.87 back to 5.48, thus moving towards 5.33 recorded…
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Belarusian Banks to Issue Digital Tokens in Central Bank Pilot

Belarus’ central bank will allow 12 commercial and state-owned banks to launch tokens and conduct business using their digital offerings in an ambitious new pilot. The central National Bank’s plans, per Sputnik Belarus, will involve a pilot that will run from January 1, 2021, to January 1, 2024 – after which the initiative may be…
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Ripple Gets Ridiculed After XRP/BTC Breaks Below Key Level

After disappointing long-time holders over the past couple of years, the XRP/BTC trading pair yesterday broke through yet another important support level, leading to Ripple – the company affiliated with XRP – being called out on Twitter by veteran chart analyst Peter Brandt. While sharing a chart that showed how the price of XRP has…
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East Asia Digital Token Initiative Inspired by Facebook’s Libra Plan

Policymakers in China have suggested creating a joint Japan-China-South Korea-Hong Kong digital currency that would function in a manner not unlike Facebook’s original plan for the Libra project. Per Seoul Daily, 10 members of the National People’s Congress – the biggest and most powerful policy-making organ in China, have suggested creating a token that would…
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Research Points to ‘Strong Signal’ That Altseason Has Arrived

A recent increase in trading on exchanges that are more geared towards speculative altcoins may be a sign that it is once again time for altcoins to shine, according to crypto research firm Coin Metrics. In their recent report, the firm said that exchanges that typically offer trading in coins that are in the more…
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Maker Soars Higher on Exchange Listing, Successful Community Vote

The popular decentralized finance (DeFi) project Maker (MKR) is seeing strong gains in the crypto market today, after a community vote showed support for expanding the range of collateral assets on the platform, and crypto exchange Coinbase Pro appears to have changed its mind about the token. As of press time on Wednesday (10:51 UTC),…
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South Korean Merchants ‘May Accept Digital Yuan from Chinese Tourists’

Countries with a large influx of Chinese tourists could be among the first outside the Middle Kingdom to accept the forthcoming digital yuan, claims a South Korean report – although it comes with warnings of “Big Brother’s” creeping influence over Chinese finance. Per South Korean news agency Yonhap, domestic merchants who cater mainly to Chinese…
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Ethereum-Based Tether Better Distributed Than Other Stablecoins – Report

Among the explored stablecoins, Tether (USDT)’s ERC20 version is "particularly well-distributed," crypto market analysis firm Coin Metrics said, stressing that only a few accounts own a large majority of five other stablecoins’ supply. Since its creation six years ago, the dollar-pegged Tether expanded to other networks from the Omni protocol (itself built on top  Read…
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