Chain Vows to Sue Justin Sun Over Onyxcoin (XCN) Market Manipulation Claims
Tron founder Justin Sun alleges market manipulation by Chain, leading to potential legal action as Onyxcoin (XCN) surges 400% amid heated exchange.
Tron founder Justin Sun alleges market manipulation by Chain, leading to potential legal action as Onyxcoin (XCN) surges 400% amid heated exchange.
XCN token hits two-year high with 800% gains in two weeks, following resolution with HTX Global and Justin Sun, while trading volume spikes 270% to $1.4B.
With Trump’s backing for stablecoins, ECB insiders are pushing for a CBDC alternative to match the competition.
Senator Elizabeth Warren has urged US regulators and ethics offices to investigate the TRUMP and MELANIA meme coins launched this week.
Mantle Network plans to add three new key components to its ecosystem, an update driving a massive price rally.
Avalanche (AVAX) is expected to print a massive 40% in profit in the near future under the condition that it breaks out of the $33-$37 region.
Prominent analyst in the crypto space Ali Martinez highlighted that Compound (COMP) is trading in a parallel channel and could soon dip to $69.
The increased activity has had a ripple effect on the ecosystem. This has pushed Solana’s native token SOL to a record-high price of over $294.33 after breaking a crucial resistance point.
Algorand (ALGO) announced that the staking rewards program went live on the blockchain post a major consensus upgrade this week and the ALGO token soared by almost 5% in 24 hours.
Tama Meme’s debut on Ronin has sparked user participation, enabling massive memecoin creation.
Vitalik Buterin believes political tokens are not ideal because of the susceptibility to manipulation.
Arcblock (ABT) soared a massive 45% in the past 24 hours but failed to break through the $2 resistance and trades at a discount of 65.56% from the all-time high.
Circle’s new Paymaster product enhances blockchain transactions by enabling USDC-based gas fee payments on Arbitrum and Base.
Decentralized exchange tokens are falling amid the rising market uncertainties, Aerodrome Finance at key level aims for a reversal run.
Bitget’s BGB token surged over 1000% in 2024, driven by enhanced utility, a new burn mechanism, and ecosystem integration.
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.