Altcoins

Matic Network, the platform working on solutions to the scalability issues of the Ethereum blockchain and using Plasma side chains and a Proof-of-Stake network, has announced its public incentivized staking testnet event Counter Stake is finally live.Counter Stake has arrived!Matic’s public incentivized staking testnet event is now officially live.We have released a detailed step-by-step guide on setting up your node. Over 3 million $MATIC tokens are to be shared among participants ?Read...

Dmitriy Gurkovskiy, a senior analyst at foreign exchange broker RoboForex, shares his insights into the future scenarios for Bitcoin price movement as well as possible price swings of major altcoins.Regardless of the new loss of the bulls, the Bitcoin is testing an important support level and there is a reversal pattern forming on the smaller timeframes, which may signify the beginning of an uptrend.The daily chart of the Ethereum demonstrates uninterrupted falling to the aim at $100 – here,...

Various factors are known to limit the public adoption of cryptocurrency especially Bitcoin. For now, one cannot spend Bitcoin the same way they would spend fiat currencies. Sometimes converting crypto into fiat can be quite a challenge. Custodianship of crypto assets and wallet security are the other concerns for the average investors.Also, wallet and key security together with the undeveloped crypto ecosystem and economic precedent discourage institutional investors from joining the nascent...

On Wednesday most cryptocurrencies were trading in red again including Bitcoin (BTC) that, in the last 24 hours couldn’t turn its trace. Bitcoin closed on Tuesday the day at the $7,198 price mark, at which point the world’s largest crypto coin found an intra-day high on Wednesday of $7,227, before moving down again towards its current trading price near $6,945 still falling by 3.51 at 11:53 am CET. Among the possible influencing factors we should mention the recent Upbit hacker attack.BTC is...

Earlier today, news of a possible hack on one of South Korea’s biggest cryptocurrency exchange platforms Upbit made the rounds. Reports had it that the exchange’s customers were confused because they noticed quite a few irregularities with their accounts including the inability to transfer funds. In a recent publication, Upbit has now confirmed that a large and unauthorized amount of funds was moved to an unknown wallet.It’s also worth mentioning that this news has negatively influenced the...

Ripple Labs’ XRP token seems to have again come under scrutiny as popular crypto influencer and crypto investor BitLord went after the cryptocurrency token in a tweet describing it as a security. That’s an allegation which Ripple Labs has gone to great lengths to deny and also to put at bay due to the serious nature of the repercussions of such. This comes after sources indicated that Ripple completed its investment commitment in Moneygram as it now holds about 10% of the common stock of the...

In what has been seen as a big win for the crypto space the South Korean National Assembly’s National Policy Committee has passed a bill that will create a framework that formally classifies crypto tokens and other virtual currencies as digital assets. Sources indicate that this move came on Tuesday as one of the crypto space’s most friendly countries now wants to create a foundation for the operations of cryptocurrency businesses.The bill also sets rules for cryptocurrency-related businesses...

It looks like the digital storage and rental marketplace Omni has been struggling to make ends meet. In the latest development, Omni has announced its intentions to shut down its operations by the end of 2019.This announcement comes just within a few months after the rental startup sold its physical storage operations to its competitor Clutter in May 2019. A report from the TechCrunch states that $35 million worth Omni is yet another victim of a “venture capital-subsidized business”. Meaning...

ADA price is struggling to find strength above the $0.0370 resistance against the US Dollar.The price is likely to accelerate once it breaks the $0.0370 and $0.0385 resistances.There was a break below a major bearish trend line with resistance near $0.0362 on the 4-hours chart (data feed via Kraken).The price could resume its decline if it struggles to clear the $0.0370 resistance area.Cardano price is facing an uphill task against the US Dollar and bitcoin. ADA price must clear $0.0385 to...

Hey Krypto Fans, willkommen zur Bitcoin-Informant Show Nr. 759. Heute sprechen wir über folgende Themen: Türkei mit Schlüsselrolle für Blockchain und Kryptowährungen, Größter amerikanischer Mall-Betreiber stellt Bitcoin-Geldautomaten auf & Gewinner Buch Dezentrales Geld. 1.) Binance CEO: Türkei mit Schlüsselrolle für Blockchain und Kryptowährungenhttps://cryptomonday.de/binance-ceo-tuerkei-mit-schluesselrolle-fuer-blockchain-und-kryptowaehrungen/ 2.) Größter...