Bloomberg’s recent article noted the rapid growth of certain altcoins which were long considered dead and gone. But due to cryptocurrency’s decentralized nature, no altcoin is truly dead.
There is no shortage of coins and tokens in the crypto-industry. How many of them are any good is the question.
Cryptocurrencies continued to push into bullish territory on Tuesday, August 28, as Bitcoin rose to a three-week high.
Privacy focused cryptocurrency Zcash is preparing for a major upgrade with the first release of network software compatible with its upcoming Sapling hard fork.
Cryptocurrency and digiital asset exchange ShapeShift announced on Wednesday, August 8, the acquisition of the Austin-based software company Bitfract after it made “the only tool in the world” that allows trading bitcoin into dozens of digital assets in a single transaction company’s API.
Malta-based brokerage company EXANTE has launched a fund based on altcoin index.
SegWit might be one of the burning issues concerning Bitcoin’s scaling up, however, it has gone beyond the first cryptocurrency.
Over the last month, the altcoins market has surged with Dash in the lead: in March, the altcoin has grown four times as high having eventually become the third most capitalized cryptocurrency. Then a correction followed, which is still on.
LiveCoin.net is more than two years old: it has officially opened on March 1st, 2015. The exchange features simple sign-up procedure, lack of verification-related complexities at early phases of work, and a referral program.
Altcoins have become the most interesting market for cryptotraders over the last few years. This sky-high-risk market is commonly compared to penny stock, a traditional market for worthless stocks.
2016 has brought more drama in the world of cryptocurrencies: the rise and the fall of The DAO, Ethereum’s controversial hard fork and subsequent emergence of Ethereum Classic, and the attack on Bitfinex, among others. Certainly, all of us would like to know what’s on the table now.
Bitcoin’s December rally caused some hype both in the cryptocommunity and in mainstream media, even though the latter has earlier repeatedly predicted its imminent death. The explanation is obvious: price increase upwards of 100 percent over 12 months is something any investor dreams of.