Weekly Cryptocurrency Recap: Bitcoin and Ethereum Fail to Break Above Resistance
By Konstantin Anissimov
A few hours before the weekly open Bitcoin’s price crashed.
Altcoin News
Find the key information about altcoins news, price forecasts, analytical insights, and much more we to share about the alternate cryptos 
Ripple CEO Thinks Governments Are Taking Cryptocurrency Seriously
According to Garlinghouse, it’s a matter of time before the cryptocurrency phenomenon becomes globally accepted because many people have lost confidence in fiat already.
Five Promising Cryptocurrency Exchanges
By Andrey Sergeenkov
If you are one of these traders who are looking for crypto exchanges, this article is for you.
Binance Stablecoin Gets Approval from New York Regulator
Binance announced on Friday that its stablecoin has been given the nod by the financial regulatory body in New York. With this development, the final barrier to the use of the currency by financial institutions has been removed.
Patricia Technologies: Appraising Africa’s Leading Digital Products Trading Platform
Patricia Technologies is one of Nigeria’s foremost digital asset trading platforms. With a luxury debit card offering among other options, the company creates unique trading experiences for its many customers.
Russia’s Largest Bank Sberbank Looks to Launch Stablecoin under New Crypto Law
The state-owned Sberbank’s stablecoin will be functional on its native blockchain built using the Hyperledger Fabric infrastructure. This blockchain will facilitate trade finance transactions involving the exchanging letters of credit.
Bitcoin Rise Is Based on Fundamentals while Ethereum Rise Is Speculative, Says Bloomberg
By Tolu Ajiboye
The “August Crypto Outlook” by Bloomberg revealed that the Bitcoin rally is more trustworthy than that of Ethereum, which is said to be “more speculative”.
Bitcoin and Cryptocurrencies as Safe Investment Method in 2020
By Andy Watson
Bitcoin has been stable during the economic crisis. According to crypto economy expert Renato Rodríguez, this digital asset could be a solid solution to face the 2020 crisis.
The Hidden Gem at The Intersection of DeFi and Interoperability
By Andrey Sergeenkov
Ongoing developments in the cryptocurrency space have made this industry more appealing to investors. Finding the hidden gems in the space can give users a chance to unlock tremendous profit potential. Interoperability is the next big trend worth keeping an eye on.
Gold and BTC Surge, Silver and ETH Skyrocket
By Aziz Kenjaev
Few charts to consider if you are ready to invest.
Altcoin News
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.
Latest Altcoin News Today
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.
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