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Posts published in “Altcoin News”

Ripple ‘Isn’t Really A Blockchain’ – Ethereum Co-Founder Downplays XRP, EOS

ConsenSys found and Ethereum co-founder Joseph Lubin told mainstream media that Ripple “isn’t a Blockchain technology” August 14, confirming it “isn’t a competitor” for Ethereum. Lubin: Ripple ‘Isn’t Really A Blockchain’ Speaking to Bloomberg about the current state of the cryptocurrency market and Ethereum development, Lubin delivered an interesting take on two of the industry’s biggest names. Asked about what would happen if “other protocols which trade speed or decentrazliation for security” gain favor in

The post Ripple ‘Isn’t Really A Blockchain’ – Ethereum Co-Founder Downplays XRP, EOS appeared first on Bitcoinist.com.

Altcoin ‘Extinction’ Event Could Happen Now, Says Xapo President

Xapo president Ted Rogers suggested cryptocurrency markets could be facing a “mass extinction event” as Bitcoin’s fresh downturn drags altcoins ever lower. ‘Incredible Opportunity’ To Buy Bitcoin In Twitter comments August 13, Rogers said current conditions may prove timely for a wipeout involving “90 percent” of cryptocurrency assets listed on Coinmarketcap. Conversely, he added, Bitcoin trading around $6000 provides an “incredible opportunity” to buy. “We could be in the midst of the extinction-level event for

The post Altcoin ‘Extinction’ Event Could Happen Now, Says Xapo President appeared first on Bitcoinist.com.

The Entire Cryptocurrency Market is Now 54% Bitcoin

Bitcoin now dominates 54 percent of the total cryptocurrency market cap, hitting a level on Tuesday not seen since the time of its all-time price highs in December 2017. Analysts Dream Of Altcoin Rebirth According to data from Coinmarketcap, Bitcoin now has a market cap of $105 billion. August 11 formed the latest date when Bitcoin’s market cap became worth more than all other cryptocurrencies combined. Long a contested metric for measuring Bitcoin’s success, the

The post The Entire Cryptocurrency Market is Now 54% Bitcoin appeared first on Bitcoinist.com.

The Entire Cryptocurrency Market is Now 54% Bitcoin

Bitcoin now dominates 54 percent of the total cryptocurrency market cap, hitting a level on Tuesday not seen since the time of its all-time price highs in December 2017. Analysts Dream Of Altcoin Rebirth According to data from Coinmarketcap, Bitcoin now has a market cap of $105 billion. August 11 formed the latest date when Bitcoin’s market cap became worth more than all other cryptocurrencies combined. Long a contested metric for measuring Bitcoin’s success, the

The post The Entire Cryptocurrency Market is Now 54% Bitcoin appeared first on Bitcoinist.com.

Ethereum Price Analysis: Under $270 and Falling Amid Altpocalypse

Ethereum price

It’s been a terribly rough two weeks for altcoins, and the situation doesn’t appear to be getting any better. Nobody’s price is safe, including Ethereum (ETH), ADA, XRP, XLM, and BNB. Ethereum (ETH) Daily Chart ETH remains in a tough spot, and so far there is no silver lining as ETH price is now now at at a 9-month low after 18 days of posting lower lows on the daily chart. The daily RSI has

The post Ethereum Price Analysis: Under $270 and Falling Amid Altpocalypse appeared first on Bitcoinist.com.

Ethereum Price Analysis: Under $270 and Falling Amid Altpocalypse

Ethereum price

It’s been a terribly rough two weeks for altcoins, and the situation doesn’t appear to be getting any better. Nobody’s price is safe, including Ethereum (ETH), ADA, XRP, XLM, and BNB. Ethereum (ETH) Daily Chart ETH remains in a tough spot, and so far there is no silver lining as ETH price is now now at at a 9-month low after 18 days of posting lower lows on the daily chart. The daily RSI has

The post Ethereum Price Analysis: Under $270 and Falling Amid Altpocalypse appeared first on Bitcoinist.com.

Saudi Arabia Officials Warn that Bitcoin Trading is Illegal

Saudi Arabia

Despite the country’s proactive and seemingly positive approach towards blockchain-based technologies, cryptocurrency trading remains heavily outlawed, officials reiterate. Bitcoin and Other Cryptocurrencies Are Illegal A standing committee, headed by the Capital Market Authority in Saudi Arabia and including representatives of the Ministry of Trade and Investment, the Ministry of Information, and the Saudi Arabian Monetary Agency, issued a formal statement, reaffirming the illegality of trading with Bitcoin and other cryptocurrencies. The warning was released amid

The post Saudi Arabia Officials Warn that Bitcoin Trading is Illegal appeared first on Bitcoinist.com.

Nations Should Embrace Privacy Coins Like Monero and ZCash, According to Weiss Ratings

The UN is Combating Climate Change One Block(chain) at a Time

Privacy-focused coins such as Dash, Monero, and ZCash are controversial as they can anonymize criminals online. However, privacy is important as many people live under the auspices of corrupt governments where such technology represents a beacon of hope. Governments should fear privacy coins as a form of money. The degree of anonymity is startling. Governments should also warm to the non-monetary applications of the underlying technology. There is too much potential for much-needed protection, claims Weiss

The post Nations Should Embrace Privacy Coins Like Monero and ZCash, According to Weiss Ratings appeared first on Bitcoinist.com.

‘We Don’t List Shitcoins’: Binance CEO Retaliates Over Listing Fee Criticism

Binance CEO Changpeng Zhao rebuffed criticism of the exchange’s listing fees Saturday, saying commentators should concentrate on the quality of coins it chooses to list. ‘Is My Coin Good Enough?’ In a series of Tweets, Zhao took issue with Expanse founder Christopher Franko, who had previously claimed the exchange quoted him 400 BTC ($2,600,000) for listing his altcoin token. “We don’t list shitcoins even if they pay 400 or 4,000 BTC,” he wrote, implying that

The post ‘We Don’t List Shitcoins’: Binance CEO Retaliates Over Listing Fee Criticism appeared first on Bitcoinist.com.

Binance Wants $2.6M to List Your Token, Claims Expanse Co-Founder

Binance, the cryptocurrency exchange which often tops global trade volumes, can charge 400 BTC ($2.6 million) to list a token on its platform. Binance Appears To Deny 400 BTC Claim That’s according to Christopher Franko, co-founder of Blockchain platform Expanse, after submitting a listing request to the exchange this month. Binance, which revealed a first incarnation of its decentralized exchange August 8, reportedly also sought to deny the claims, with support staff claiming certain information

The post Binance Wants $2.6M to List Your Token, Claims Expanse Co-Founder appeared first on Bitcoinist.com.

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