Tag: Altcoin

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Top-20 Coins Experience Downward Trend, BTC Stick Near $8,600

Crypto markets are mostly in the red, remaining relatively quiet with moderate losses throughout the top-20 coins. Thursday, Oct. 10 — Following an impressive rally yesterday, major crypto markets have slowed to trade in the red over the past day. Bitcoin (BTC) has stuck to $8,600, while other major coins are experiencing a downward trend.…
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Bank of America’s Job Posting Hints It Hired a Dedicated Ripple Specialist

America’s second largest banking institution searches for a “treasury product manager” specifically working with Ripple’s technology. The United States’ second largest bank appears to have hired a specialist for an implementation of blockchain-based payment network Ripple. Bank seeks Ripple team lead According to a job description on professional social network LinkedIn, as of Oct. 10,…
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OpenLibra Plans to Launch Permissionless Fork of Facebook’s Stablecoin

OpenLibra, a permissionless fork of Facebook’s stablecoin Libra, is announced at the Ethereum developer conference Devcon 5. Lucas Geiger, co-founder of blockchain infrastructure startup Wireline, has announced OpenLibra — a permissionless fork of Facebook’s planned stablecoin. Ethereum developer Lane Rettig tweeted on Oct. 8 that OpenLibra was announced by Geiger at the Ethereum developer conference…
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UNICEF Launches Cryptocurrency Fund Supported by Ethereum Foundation

UNICEF launches a cryptocurrency fund to support open source technology benefiting children and young people around the world. UNICEF, the United Nations Children’s Fund, has launched a cryptocurrency fund to support open source technology “benefiting children and young people around the world.” According to the official announcement published on Oct. 8, UNICEF thus became the…
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US Senators Warn Three Facebook’s Libra Backers of Membership Risks

A letter tells Visa, Mastercard and Stripe that they “should be concerned” about the implications of supporting Facebook’s Libra nodes. Three backers thought to be reconsidering their involvement in Facebook’s digital currency Libra have received warnings from the United States’ politicians over participating. Senate Letter: Facebook’s problems are your problems According to Bloomberg’s article published…
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Chainlink Blazing a Trail to All-Time High?

Chainlink (LINK) has been treading an uptrend toward its all-time high at $4.49. Will LINK lead the way for other altcoins to follow? Chainlink (LINK) has been on fire, blazing its own trail independent from the rest of the market. The digital asset appears to be in the beginning stages of a strong uptrend on…
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Anchorage Becomes First Qualified Gram Custodian Ahead of Oct. 31 Launch

Anchorage Trust Company, a wholly-owned subsidiary of California-based Anchor Labs, states that it became the first qualified custodian of Telegram’s Gram token. Digital asset custodian of software firm Anchor Labs has stated that it became the first entity qualified to support institutional custody for Telegram’s Gram (GRM) token. Gram to launch on Oct. 31 Anchorage…
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Price Analysis 07/10: BTC, ETH, XRP, BCH, LTC, EOS, BNB, BSV, XLM, ADA

Bitcoin looks to be stabilizing. If that happens, select altcoins might outperform. Let’s study the charts. Total crypto market capitalization has held the $200 billion mark for the past few days. This is a positive sign, as it shows that market participants are not panicking at lower levels but are using dips to buy. The…
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CNBC Crypto Analyst Suggests Bitcoin Price Will Rally Higher

CNBC crypto trader Big Cheds says bullish divergences on multiple indicators could lead to a short-term bounce in Bitcoin price. The $8,000 mark seems to be an important price point for crypto’s market leader, Bitcoin (BTC). Since its breakdown from $9,400, the digital asset has lost and regained the $8,000 level several times, sitting at…
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Reddit Crypto Tipping Service TipJar Shuts Down

Ethereum-powered Reddit micropayments service TipJar shuts down, its developer urges users to withdraw their funds as soon as possible. TipJar, an Ethereum (ETH)-powered service that allowed redditors to send micropayments to each other in Ether and ERC-20 tokens, was shut down on Oct. 7. Its website is still operational but will be also closed on…
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