Top Analyst Signals Chainlink (LINK) Rebound Ahead of Anticipated Altseason
The Chainlink (LINK) network has grown to a major cross-chain platform that has facilitated more than $10 trillion in transactions.
The Chainlink (LINK) network has grown to a major cross-chain platform that has facilitated more than $10 trillion in transactions.
ASIC’s legal victory underscores its ongoing efforts to combat illegal crypto activities in Australia, safeguard investor interests, and ensure the integrity of financial markets.
The crypto project shared on its X account that listing of Notcoin on exchanges will occur once the team is fully ready.
Among the top 10 cryptocurrencies, TON emerged as the only fresh face on the scene.
The launch of the crypto trading platform in Hong Kong comes a few days after the introduction of Bitcoin and Ethereum spot ETFs in the market.
As Crypto.com aims for its next 100 million users, ongoing innovation and teamwork will be key.
The SEC in the Philippines is set to unveil crypto guidelines that will guide trading and other related activities in the country.
According to Shibburn, the Shiba Inu crypto saw a remarkable 4000% surge in its burn today, on May 6.
The blockchain infrastructure sector attracted over $1 billion in crypto funding in April, closely followed by the DeFi, CeFi, and GamiFi sectors.
Visa’s metric filters out bot-driven and high-volume trader transactions, revealing that only $149 billion of $2.2 trillion in stablecoin transactions were from genuine user activity.
Since the inception of bitcoin in 2009, thousands more have sprung up with each of them having their distinctiveness. Bitcoin is often referred to as the king of cryptocurrency each of the other thousands of cryptocurrencies falls under the class of altcoins; be it Ethereum (ETH), Bitcoin Cash (BCH), Ripple (XRP), Litecoin (LTC), Monero (XMR), EOS (EOS), TRON (TRX), etc.
All altcoins have their uniqueness in the sense of how they are mined, their nature (whether or centralized or decentralized), underlying technology, speed of transaction, coin distribution mechanism, etc. Although bitcoin is always used as the yardstick when analyzing an altcoin, some altcoins outshine bitcoin in certain specs. Several altcoins are developed on Bitcoin’s framework.
Altcoins are sub-divided into three categories namely; stablecoins, utility tokens, and security tokens. For example, stablecoins such as Tether (USDT), Binance Coin (BNB), Gemini USD (GUSD), USD Coin (USDC), etc. are known to be less volatile than Bitcoin because they are pegged to fiat currencies. However, some altcoins fall under more than one of these categories. You will find more information in altcoin news category.
Altcoins are getting thumbs up from different quarters for playing a significant role in the expansion of boundaries of blockchain adoption and applications. For example, Ethereum is known for its robust blockchain that enables faster transaction time as well as the creation of decentralized applications (dApps). At the time of launch, most altcoins sell themselves as better alternatives to existing ones and usually attempt to improve on the setbacks of known altcoins.
According to CoinMarketCap, there are over five thousand digital currencies in April 2020 although BTC has a staggering 64% dominance in the crypto market. As a crypto investor and enthusiast, stay tuned to coinspeaker.com to get the latest altcoins news around the world to keep you updated and geared up in the crypto space.