Category Archives: Altcoins

Bitcoin theft is likely to surge in meager post-COVID economy: Report

Cryptocurrency-related fraud and theft are likely to grow in the post-COVID-19 world, according to a new report by cybersecurity and anti-virus provider, Kaspersky Lab. Securelist, Kaspersky’s cyberthreat research arm, published a report on cyberthreats to financial organizations, forecasting some specific types of financial attacks that are likely to surge in 2021. Securelist has predicted that… Read More »

Tether Launches New Gold-Backed Stablecoin on TRON

Tether has launched a new stablecoin backed by physical gold reserves called Tether Gold (XAU₮), according to a press release published on January 23. One coin will be equal to one troy fine ounce of physical gold, currently worth approximately US$1,550. Tether Gold is available as a TRC20 token on the TRON blockchain as well… Read More »

Top 5 cryptocurrencies to watch this week: BTC, ETH, XMR, VET, AAVE

Bitcoin’s (BTC) price has been hovering near the $19,000 level for the past few days. Whenever the price consolidates near the all-time high, it is an indication of strength. However, the question troubling investors is whether Bitcoin will source enough momentum to pull above $20,000 or will it witness a sharp correction in the short… Read More »

LINE to Introduce LINK Token Trading in April in Japan

Over the past few years, many companies have launched their own tokens, and one of the latest to hit the crypto markets is the LINK token. It is the proprietary crypto token that belongs to the Japanese messaging behemoth LINE’s crypto services subsidiary LVC Corporation. LINK’s appearance is a testament to the sort of resurgence… Read More »

Bulls eye the $19.5K resistance but low volume keeps Bitcoin price sideways

As mentioned by Cointelegraph contributor Rakesh Upadhyay, Bitcoin price spent the weekend consolidating within a bull pennant and the breakout to $19,418 was quickly stamped out by overhead resistance. After retouching the pennant trendline, the price gave way, falling below the 20-MA on the 4-hour time frame and briefly losing the $19,000 mark. Crypto market… Read More »

Australia’s crypto ecosystem 2020: The spark for a DeFi explosion

For a country of 25 million people, Australia punches well above its weight both economically and in the world of blockchain. Australians have long been enthusiastic adopters of new technology, from cell phones to smart homes, and it’s little surprise they’ve embraced crypto too. Chainalysis ranked Australia 20th out of 154 countries surveyed this year… Read More »

19-year-old Ukrainian politician reports crypto holdings of $24M in Monero

A newly appointed official in Ukraine has officially declared his cryptocurrency holdings including a significant amount of privacy-focused cryptocurrency Monero (XMR). Rostyslav Solod, a 19-year-old deputy of the Kramatorsk regional department and the son of Ukrainian politicians Natalia Korolevska and Yuriy Solod, reported holdings of 185,000 XMR, worth about $24.5 million at publishing time. According… Read More »

Tezos (XTZ) Soars Over 32% in a Week: Here’s Why

Altcoins had a pretty disappointing time in 2019, but since the turn of the year, it has been a different story, and one of the altcoins that could be watched closely at this point is Tezos (XTZ). Over the course of the past seven days, XTZ has enjoyed a sustained rally and has emerged as… Read More »