Altcoins

In a recent statement, the cryptocurrency exchange Gemini has announced the trading and custody support for Filecoin. As per the announcement, the Filecoin Mainnet will launch at 10:30 am ET, Thursday, October 15, supported by the Gemini exchange custody solution. At the same time, Gemini users will be able to deposit and withdraw FIL through its exchange. The exchange users will also be able to trade FIL subsequently. As of now, the Filecoin network is on testnet and not live…

Chainlink, an ETH-based blockchain designed to connect smart contracts to external data sources, has seen incredible growth in the recent past.   The network's utility token (LINK) now appears unstoppable after gaining 12.3% against the US dollar in the past 24 hours.  This surge saw the popular altcoin hit an all-time high of $19 before it gained a further 0.95% to trade at $19.175 during press time. Let us examine the various events surrounding LINK in the recent past and what analysts…

Cryptocurrency is great, right? You buy, store, spear through the volatility, and eventually hope to accumulate profit several times greater than your initial investment. That is the plan of a large majority of cryptocurrency HODLers. But wait, is that what crypto is all about? Buy, HODL, and Sell? Wasn't cryptocurrency a global, decentralized innovation made a reality by blockchain technology? Shouldn't it be used globally by now, given its ever-increasing market interest? With the advent of Cryptocurrency Credit/Debit Cards, the…

OKEx always has exciting giveaways for its customers as an extra way of claiming more cryptos. The platform is holding another giveaway in collaboration with Crypto Adventure, where you can trade and earn yourself a 10 USDT airdrop. The promotions will begin on 10:00 10th August to 24:00 29th August 2020 (UTC). Recently, OKEx achieved 200,000 followers on Twitter, and it did not fail to appreciate the love of the OKEx community. Users have a chance to win limited edition…

Last year, EOS parent firm Block.one announced its plans to come up with a blockchain-based social media platform known as Voice. Block.one claimed that it will utilize the EOS blockchain for the platform to make its operation transparent, in the absence of secret algorithms or mechanisms that push content of which the user is unaware. However, the platform’s launch will happen earlier than anticipated as Voice CEO Salah Zalatimo said it will be available to readers on July 4, instead of the…

More people in Latin America have shown interest in Dai over the previous several months due to the economic troubles aggravated by the coronavirus pandemic. The local news outlet iProUP reported that the trading volume of MakerDAO’s stablecoins was four times during quarantine in Argentina, as it became $20 million daily from $5 million. This shows that Latin America is moving to the Safety of Dollar-Pegged Stablecoins because of the absolute debt and hyperinflation. Hence, the people chose to deal with…

Some cryptocurrency market participants believe that mass adoption of cryptocurrencies is related or influenced by the governments’ willingness to provide favorable regulatory framework. Some governments worldwide have been up to the task and are working towards the establishment of such regulations, while others are still considering it. On May 11, the Ministry of Finance in Vietnam said it will come up with a research group responsible for examining and making policy proposals about cryptocurrencies and virtual assets. The research group will assist…

Some perpetrators targeted a multinational financial institution based in Spain, Banco Santander. It is an online heist that involved the sum of $900,000. However, it was forestalled following the seizure of the money by local over-the-counter (OTC) cryptocurrency exchanges. After the heist, they quickly tried the conversion of the stolen funds into Bitcoin. The local press, known as the Bitcoin Portal, said due to the huge sum of money involved, this prompted several of the bank accounts of the exchanges…

People have been criticizing Ripple for unlocking its token at the beginning of every month. Just as the month of May began two days ago, the company has unlocked another 1 billion XRP from its escrow wallet. As anticipated, in three tweets, Whale Alert reported that the firm has unlocked more tokens. The three tweets noted the transfer of Ripple 500,000,000 (107,272,434 USD), 400,000,000 (85,856,924 USD), 100,000,000 (21,551,122 USD) from Ripple Escrow wallet, respectively. This is a total transfer of 1 billion XRP…