Indian Tata Consultancy Services announced the launch of Quartz Smart Solution for Crypto Services. The platform will enable multi-signature wallets, exchange and OTC desk connectivity as well as blockchain forensic checks.
With the official launch, the Voice platform is currently allowing early-access users to get post their content. After August 15, these users can send an invite to their friends and family to join the blockchain-based social media platform.
The cryptomarket is recovering after finishing another descending wave. However, there are no clear signals for further uptrend so far.
Marcus Treacher says that Ripple is working hard to expand its On Demand Liquidity (ODL) platform to offer more corridors this year. XRP price is up.
Following a trending TikTok video, Dogecoin (DOGE) volume has surged. Many internet users are now searching for “how to buy Dogecoin.”
DiDi, being the dominant ride-hailing in China with its over 500 million users, would offer the first real application of Digital Currency Electronic Payment (DCEP).
Chainlink’s popularity remains on a rise in the Decentralized Finance (DeFi) space. The price of the LINK cryptocurrency has surged over 225% since the beginning of 2020.
Binance is expanding its portfolio of acquisitions with Swipe. The deal is expected to further help the adoption of cryptocurrencies in different markets.
Hardware wallet startup NGRAVE embodies the entrepreneurial crypto journey. It incorporated a series of major technological breakthroughs into an all-in-one custody solution.
Binance-backed Travala.com will now cooperate with the global travel company Expedia. The integration makes additional 700K properties bookable with over 30 different cryptocurrencies.
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.