Altcoins

Vitalik Buterin, co-founder of Ethereum, divided the problems into three major categories. The first one is the cryptography related stuff that hasn’t been solved. Despite the industry’s rush to achieve new levels of privacy and scalability, the most important goals are still in progress. The second one is consensus theory, which makes it easy to change and upgrade mining (Proof of Work) and staking (Proof of Stake) algorithms. And finally, Vitalik explains how incentives are essential in...

Transaction volume is an important metric often considered to determine the growth and popularity of a blockchain ecosystem. This is a go-to metric that often determines user activity and interest for a particular blockchain system. Well, XRP is the show stealer at this moment as it has surpassed both Bitcoin and Ethereum in daily transaction volumes.Last Saturday, November 23, the XRP ledger daily transaction volume hit a massive figure of 4 million. This is the highest recorded volume for...

It seems like everyone wants to know a bit more about Bitcoin after prices of the cryptocurrency token have dropped significantly to new six-month lows. According to Google Trends, the recent spike in Bitcoin searches seems to have been originating from African countries with Nigeria, Ghana, and South Africa taking the lead while Austria and Switzerland are the other two countries that make up the top five sources of Bitcoin searches.The search terms have gone beyond just Bitcoin prices as...

Investment apathy in global cryptocurrency markets and also traditional markets deepened over the weekend as Bitcoin price which has been sliding in recent times slipped below the normal psychological $7,000 which everyone within the crypto space has been looking forward towards as a support for one last rally towards the end of this year. Apart from Bitcoin, all other cryptocurrencies are also down as well indicating a market malaise which hasn’t occurred in quite a bit.Ethereum lost almost...

Stellar lumen price is down more than 20% and it recently traded below $0.0600 against the US Dollar.XLM price is currently sliding and it seems like it could soon test the $0.0500 support area.There is a crucial bearish trend line forming with resistance near $0.0580 on the 4-hours chart (data feed via Kraken).The pair is unlikely to correct higher unless the bears fail to push the price below $0.0512.Stellar lumen price is sliding heavily against the US Dollar, similar to bitcoin. XLM price...

The chief of Norilsk Nickel, Vladimir Potanin, whose company is planning to issue stablecoins backed by palladium by the end of this year, made a statement about the “good level of communication with the Bank of Russia,” regarding digital asset legalization.A Russian billionaire, Vladimir Potanin, promotes more active usage of blockchain technologies and digital assets in the industry. The businessman expects new laws for digital financial assets in the near future.“The industrial companies...

Hey Krypto Fans, willkommen zur Bitcoin-Informant Show Nr. 757. Heute sprechen wir über folgende Themen: Bitcoin bald auf $2500, Bakkt Bitcoin Futures Rekordvolumen & E-Yuan statt US-Dollardominanz: USA simuliert Währungskrieg mit China. 1.) Bitcoin Price Drop to $2.5K Possible if Bulls Fail to Retake $7,350https://cointelegraph.com/news/bitcoin-price-drop-to-25k-possible-if-bulls-fail-to-retake-7-3502.) Bakkt Bitcoin Futures Rekord: 2728 Kontrakte inmitten des...

Ripple price is down more than 20% in the past few days and settled below $0.2500 against the US dollar.The price is currently trading in a bearish zone and it recently tested the $0.2000 area.There are two major bearish trend lines forming with resistance near $0.2185 and $0.2400 on the 4-hours chart of the XRP/USD pair (data source from Bittrex).The price is likely to decline further and it could even trade below the $0.2000 support.Ripple price is tumbling below key supports against the US...

Libra has been attacked from all sides, but now people are even starting say its introduction to the financial space was ill-planned.Libra Hasn’t Tried to Clean Up Its ActLibra first emerged last summer to mixed reception. Many users said they didn’t trust Facebook enough after the Cambridge Analytica scandal to give the company their financial data, and many politicians were concerned that Libra would potentially open the door to money laundering and other white-collar crime.However, others...

Tezos saw a sharp increase of 16.66% over the past week and it currently trades at $1.33. More impressively. the cryptocurrency is up by 35% against Bitcoin. Over the past month, XTZ managed to gain more than 70% and it’s the best-performing altcoin amid this rather bearish market. Tezos is now ranked in the 14th position with a market cap of $903 million.Since our last analysis, Tezos fell below the 100-days EMA at $1.10 and continued to decrease to as low as $0.75 in October. However, after...