Altcoins

Altcoins are known as “alternative currencies,” this means cryptocurrencies that aren’t Bitcoin itself. The most popular altcoins on the market are Ethereum’s ether, XRP, litecoin, bitcoin cash, TRON’s TRX, EOS, and more.

While some altcoins are widely adopted and have a large number of use cases, others are seen as worthless. The most popular ones are relatively liquid and have specific use cases, while others may have crated use cases or security flaws.

On this page you’ll find the latest altcoin-related news and developments.

$631 Billion Investment Giant: Cryptocurrencies ‘Have a Place in Asset Allocation’

Inigo Fraser Jenkins, Co-Head of the Portfolio Strategy team at Bernstein Research, the research arm of global asset management firm AllianceBernstein (AB), reportedly has notified the firm’s clients via a research note that cryptocurrencies “do have a place in asset allocation.” Before joining AB in 2015, Fraser Jenkins “led Nomura’s Global Quantitative Strategy team.” He started his career at the […]

Ripple CTO David Schwartz Is an XRP Whale

Ripple CTO David Schwartz claims to own between one million and ten million XRP, giving him a substantial position in the altcoin.

XRP up 170% in a Month Ahead of Flare Token Airdrop: What You Need to Know

The third-largest cryptocurrency by market capitalization, XRP, has seen its price surge over 174% over the last 30 days ahead of an upcoming token airdrop that will reward XRP holders with Spark tokens on a 1:1 ratio according to their holdings. Data from CryptoCompare shows that the price of XRP went from about $0.2455 per […]

$488 Million in ETH Have Been Deposited on Ethereum 2.0’s Phase 0 Contract

A total of 852,288 ETH have been deposited into the Ethereum 2.0 deposit contract to trigger the activation of the most ambitious upgrade of the second-largest cryptocurrency by market cap. The upgrade is expected to improve its economic model, resource usage, and governance. According to data from the Ethereum blockchain, the total amount of ether […]

Popular Crypto Analyst Provides Update on Top 5 Altcoin Picks

Crypto influencer Lark Davis provided an update on his top five altcoins that are ready to take off at the end of November.

Visa CEO Alfred Kelly: ‘We Are Very Interested in Cryptocurrencies’

In an interview earlier this month, Alfred F. Kelly, Jr., Chairman and CEO of global payments technology company Visa, shared his thoughts on digital currencies. The Visa CEO’s comments came during an interview with Carl Quintanilla at the CNBC Evolve Summit. One of the most interesting questions asked by Quintanilla was what Visa is doing […]

XRP Price Surged 118% Over Last 30 Days Ahead of Flare Token Airdrop

The price of the third-largest cryptocurrency by market capitalization, XRP, has surged over 118% in the last 30 days ahead of a major token airdrop set to occur on December 12, which will reward XRP token holders with Spark tokens. According to CryptoCompare data, the price of XRP went form about $0.2455 per coin while […]

Crypto Analyst Says BTC Withdrawals From OKEx Not Responsible for Fall in Bitcoin Price

After the price of bitcoin dropped over 10% to $17,200 from a near all-time high, crypto analyst Ki-Young Ju and CEO of on-chain analytics firm CryptoQuant has revealed he believes bitcoin withdrawals being reenabled at popular exchange OKEx were not behind the price drop. On Twitter, Ki-Young revealed that as soon as withdrawals were reenabled […]

Institutional Investment in Crypto ‘Skyrocketing’ Says Ripple CEO Brad Garlinghouse

Ripple’s Brad Garlinghouse says institutional investment into cryptocurrency is skyrocketing and pointed to the growing real world uses for bitcoin and XRP.

Ethereum Search Interest Hits Highest Level Since February 2018

As the price of Ethereum remains above the $600 mark, search interest for the second-largest cryptocurrency by market capitalization has surged to levels that hadn’t been seen since early 2018, shortly after it hit an all-time high of $1,400. According to data from Google Trends, search interest for the term Ethereum is now at 33 […]

OKEx Announces User Compensation Program After Withdrawal Suspension

Popular cryptocurrency exchange OKEx, which suspended withdrawals in October as one of its private key holders was cooperating with authorities in an investigation, has added details on its user compensation programs after withdrawals are reenabled. As CryptoGlobe reported, OKEx  announced it will reenable withdrawals “on or before” November 27 of this year, after saying the […]

‘Cryptocurrency Craze’ FOMO Takes XRP Price Above $0.75, Now Up Over 200% in 2020

XRP continues to be one of the hottest altcoins at the moment, with the price up another 27% in the past 24-hour period. The current Bitcoin bull run that started on October 1 has taken the BTC price from $10,779 to $18,759, which means a gain of 74.03% vs USD. According to data from CryptoCompare, […]

Billion-Dollar Bitcoin Seizure Left Behind Millions in Forked Coins: Report

The U.S. Department of Justice (DOJ) has reportedly overlooked millions of dollars’ worth of Bitcoin forks after the seizure of over $1 billion associated with the notorious now-defunct darknet market Silk Road. According to blockchain analytics firm Coinfirm, The DOJ did not seize a few cryptoassets that they would have had access to using the […]

Ethereum Addresses in Profit Hit 2-Year High as ETH Closes in on $600

The percentage of Ethereum addresses in a state of profit has reached a 2-year high of 86.117% and is seemingly still growing as the price of the second-largest cryptocurrency by market cap, ETH, is now close to the $600 mark. According to blockchain analytics firm Glassnode, in March of this year the percentage of ether […]

Crypto Trader Tyler Swope: Don’t Miss on These Two Small-Cap Altcoins

Popular cryptocurrency trader Tyler Swope pointed to Kleros and OctoFi as two small-cap cryptocurrencies for investors to keep an eye.

Crypto Market Cap Surpasses $500 Billion Helped by OKB and SUSHI

The total market capitalization of all cryptocurrencies has surpassed the $500 billion mark for the first time since February 2018 as the price of several altcoins is moving up, while BTC’s price is still above the $17,800, after hitting $18,000 yesterday. While there are several cryptoassets moving up in the last 24 hours, according to […]

OKEx to Reenable Withdrawals ‘on or Before November 27’

Popular cryptocurrency exchange OKEx has announced it will reenable withdrawals “on or before” November 27 of this year, as the private key holders it had lost contact with who was cooperating with an investigation has “completed assisting the authorities.” The person OKEx is believed to have lost contact with is the firm’s founder Mingxing “Star” […]

OKEx’s OKB Token Jumps 16% as Rumors Suggest Withdrawals Will Soon Be Reenabled

The price of OKEx’s OKB token has surged more than 16% on rumors suggesting that the person with who the firm lost contact that held the private keys to its wallets while cooperating in an investigation is soon set to be released from police custody. The person OKEx revealed it lost contact with is believed […]

Popular Crypto Trader Tyler Swope Gives His List of ‘Moon Picks’

Popular crypto trader Tyler Swope pointed to three altcoins that are set to “moon” in the near future, including Sore Network (XOR) and DeFi Pulse Index.

‘That’s a Lot of Zeros’: Grayscale Surpasses $10 Billion in Assets Under Management

Cryptocurrency asset manager Grayscale Investments has seen its total assets under management surpass the $10 billion mark as the price of bitcoin moved past $18,000 on its way to the previous all-time high near $20,000. Barry Silbert, CEO of the Digital Currency Group of which Grayscale is a subsidiary, tweeted out the milestone pointing out […]

Crypto Analysts Bullish on XRP as Its Whale Number Hit New All-Time High

Various cryptocurrency analysts have taken a bullish stance on the fourth-largest cryptocurrency by market capitalization, XRP, as the number of whales invested in the cryptocurrency has hit a new all-time high. Scott Melker, a cryptocurrency trader at Texas West Capital, revealed on social media that he is bullish on the cryptocurrency and could see it […]

Bitcoin Remains out of Chinese Institute’s Top 10 Cryptos as Corporate Adoption Grows

China’s Center for Information and Industry Development (CCID), an organization under the country’s Ministry of Industry and Information Technology, has released its 20th crypto project rankings, and bitcoin is still out of the top 10. According to Bitcoin.com, out of a total of 37 cryptocurrency projects ranked based on basic technology, applicability, and creativity, the […]

South Korean Exchange Foblgate Supporting XRP Flare Spark Airdrop

South Korean exchange Foblgate has announced support for Flare Network’s upcoming fork of XRP which will airdrop spark tokens to holders.

Hacked Platform Value DeFi Offers 1 Million DAI for Return of Funds

Value DeFi, a decentralized finance protocol that was hacked for $6 million worth of DAI via a flash loan taken out for 80,000 ETH on the Aave protocol, has offered the hacker $1 million in DAI as a bounty for them to return funds to their users. Data from the Ethereum blockchain shows that the […]

Three Arrows Capital Co-Founder Kyle Davies on Why He Is So Bullish on Bitcoin

In a recent interview, Kyle Davies, Co-Founder of Singapore-based hedge fund management firm Three Arrows Capital talked about why he is so bullish on Bitcoin right now. In the episode of “The Coinist” podcast released on Friday (November 13), crypto analyst/trader Luke Martin interviewed Davies to find out how the latter feels about Bitcoin’s current […]

Why Yearn.Finance Is Poised to Revolutionize DeFi

DeFi remains one of the most important crypto advances in the last couple of years. But one project, Yearn.Finance, could be a glimpse into the future. Cryptocurrency isn’t all about Bitcoin anymore. The next big driver of the market is undoubtedly Decentralized Finance (DeFi). These products helped to fuel the crypto boom in September and […]

Chainalysis Launches Program to Help Governments Store and Sell Seized Cryptoassets

Blockchain analysis firm Chainalysis is launching a new program to help governments recover, store, and sell cryptoassets seized their operations, less than two weeks after the U.S.  government seized over 69,000 BTC worth over $1 billion. According to announcement Chainalysis published, the program could help government agencies and insolvency practitioners “handle, store, realize, and monitor […]

Bank of England official Dismisses Protecting Banks Against Digital Currencies

Bank of England Deputy Governor Jon Cunliffe has dismissed the idea that the central bank has to protect commercial banks against the potential future impact of digital currencies. According to Reuters, Cunliffe claimed that the Bank of England’s job is “not to protect bank business models,” and added: Banks will have to adjust. Our job […]

Tezos (XTZ) Blockchain Upgrade ‘ Delphi’ Cuts Smart Contract Fees to Attract DeFi

Tezos (XTZ), a decentralized blockchain facilitating smart contracts and decentralized applications with a Proof-of-Stake (PoS) consensus algorithm, has completed its fourth upgrade in two years, ‘Delphi’, which reduces smart contract gas fees by 75%. The upgrade, disclosed in an announcement, was developed by Nomadic Labs, Metastate and Marigold. Its most important feature, the document says, […]

Zeus Capital Offers $100,000 for Dirt on Chainlink in New Class Action Lawsuit

Asset management firm Zeus Capital has offered a $100k reward for dirt on ChainLink, alleging the project engaged in investor fraud and spread misleading information about its partnerships.

DeFi Project Akropolis Loses 2 Million DAI in Exploit

Decentralized finance (DeFi) project Akropolis has lost over $2 million in DAI after hackers managed to exploit it via a flash loan taken out on dYdX. Akropolis is a DeFi lending and savings service provider. On social media, the team behind Akropolis stated it identified a hack was executed “across a body of smart contracts […]

Legendary Billionaire Hedge Fund Manager Ray Dalio on Bitcoin and CBDCs

During a recent interview with Yahoo Finance, legendary billionaire hedge fund manager Ray Dalio, founder, chairman, and co-chief investment officer of Bridgewater Associates offered his take on digital currencies. The 71-year American whose net worth is estimated to be around $18.7 billion created asset management firm Bridgewater Associates from his New York City apartment just […]

Bitcoin Cash Users Move $257 Million of BCH to Exchanges Ahead of Hard Fork

Bitcoin Cash users have moved over $257 million worth of BCH to cryptocurrency exchanges in the last seven days, ahead of the cryptocurrency’s contentious hard fork scheduled for November 15. According to Chainalsysis’s chief economist, Phillip Gradwell, over 1 million bitcoin cash were sent to cryptocurrency trading platforms over the last seven days to be […]

Hacked Crypto Exchange KuCoin Has Recovered Most of the Stolen Funds, Co-Founder Says

Johnny Lyu, co-founder and CEO of the hacked Singapore-based cryptocurrency exchange KuCoin, has revealed the trading platform recovered 84% of the assets that were stolen from it back in September. KuCoin suffered a major security breach in September, in which a hacker managed to access its hot wallets and steal over $280 million worth of […]

Ripple Initiates $46 Million XRP Buyback in Q3

San Francisco-based tech company Ripple has initiated its first buyback of XRP in Q3 2020, purchasing $46 million from the market.

Bitcoin Cash to Undergo a Contentious Hard Fork : What you Need to Know

The Bitcoin Cash blockchain, created through a hard fork of the Bitcoin blockchain, is set to undergo a contentious hard fork on November 15, which could lead to a chain split. Bitcoin Cash’s blockchain split back in 2018 to create Bitcoin Satoshi’s Vision (SV), and now another contentious hard fork threatens to split the chain. […]

Wall Street Trading Firm Accumulates $75 Million Crypto Portfolio

Messari researcher Mason Nystrom says Jump Trading has created a crypto-asset portfolio worth more than $75 million, including being the eighth-largest holder of COMP.

Crypto Analyst Says dYdX Airdrop Could Be Bigger Than Uniswap

Crypto analyst Tyler Swope says the upcoming airdrop for decentralized exchange dYdX could be larger than Uniswap’s in September, with the price of UNI skyrocketed to $8.00.

Nouriel Roubini Finally Admits That Bitcoin Might Be ‘A Partial Store of Value’

During a recent interview, prominent economist and crypto skeptic Dr. Nouriel Roubini (aka “Dr. Doom”) talked about the future of central bank digital currencies (CBDCs). He also appeared to have softened his stance on Bitcoin. Professor Roubini teaches at New York University’s Stern School of Business, and is chairman of Roubini Macro Associates LLC, an economic consultancy firm. During 2018, […]

Phishing Scam Reportedly Steals Over 1.15 Million XRP From Ledger Wallet Owners

Ledger owners have reportedly lost more than 1,150,000 XRP following a surge in phishing attempts involving the cryptocurrency hardware wallet.  According to XRP Forensics, a massive phishing scam has stolen more than 1.15 million XRP from Ledger users using a fake domain resembling the official website. The Twitter account warned users to pay careful attention […]

Crypto Analyst on Gap Between Soaring Bitcoin and Unjustifiably Punished Altcoins

On Tuesday (November 3), Simon Peters, a crypto analyst at eToro, the world’s leading social trading platform, talked about the wide gap between Bitcoin and altcoins. In a note shared with CryptoGlobe, Peters said: “Whilst bitcoin has been soaring, altcoins have been sinking, and some are now 50% below their all-time-highs after a rough three […]

PayPal CEO Explains How His Firm Will Increase Utility of Cryptocurrencies

On Monday (November 2), Dan Schulman, President and CEO of PayPal Holdings, Inc. (NASDAQ:PYPL), talked about his company’s recently-announced support for cryptocurrencies. As you may remember, on October 21, payments firm PayPal announced a major move into crypto. According to PayPal’s press release, “the migration toward digital payments and digital representations of value continues to accelerate, driven […]

Swiss Subsidiary of Russia’s Gazprombank Authorized to Offer Crypto Bank Accounts

Gazprombank (Switzerland) Ltd, the Swiss registered bank that is wholly-owned subsidiary of Russia-based Gazprombank (JSC) has announced that it has received authorization to offer cryptocurrency accounts. The Zurich-based bank, which is regulated by the Swiss Financial Market Supervisory Authority (FINMA), offers “all traditional corporate banking services in Switzerland and abroad.” On Thursday (October 29), the […]

Demand for Crypto From Professional Investors Helps Bitwise Cross $100M in AUM

San Francisco-based crypto investment firm Bitwise Asset Management, a leading provider of index and beta funds in the crypto space, has announced that it has managed to achieve over $100 million in in assets under management (AUM). According to Bitwise’s press release, most of the demand has been for one of the world’s first cryptoasset […]

Crypto Exchange Poloniex’s ‘President’ Tokens Predicting Victory for Joe Biden

The markets for crypto exchange Poloniex’s “President” tokens is suggesting that the users buying those tokens are feeling bullish on Joe Biden winning this Tuesday’s U.S. presidential election.  On July 24, Poloniex announced that it had added support for two new digital assets — issued by crypto derivatives exchange FTX — to its Innovation Zone. […]

Ripple CTO David Schwartz Outlines Hurdles for XRP

Ripple’s chief technology officer (CTO), David Schwartz, took to Twitter to outline the obstacles XRP faces in order to gain mainstream adoption.  In a series of tweets published on October 28, Schwartz responded to questions posed by the Ripple community over the development of XRP moving forward. Schwartz, who is one of the original architects […]

Bitcoin Managing to Keep Its Head While Altcoins Are Losing Theirs

On Friday (October 30), Bitcoin is trading in green territory even though the vast majority of altcoins are suffering losses (vs USD). It is tough being a safe haven asset in times of turmoil. The COVID-19 pandemic seems out of control in Europe and the US. And if that was not bad enough, the U.S. […]

Circle Co-Founder and CEO Buys Bitcoin Using His PayPal Account

Circle Co-Founder and CEO Jeremy Allaire has become one of the first people in the crypto community to buy BTC using his PayPal account. On Wednesday (October 28), Allaire posted a tweet that shows he was able to buy $100 in Bitcoin using PayPal’s recently-announced service that lets PayPal customers “buy, hold and sell cryptocurrency […]

Coinbase Launches Visa Debit in the U.S. That Offers Up to 4% in Crypto Rewards

On Wednesday (October 28), crypto exchange Coinbase announced the launch of Coinbase Card (its crypto debit card) in the U.S. Coinbase first introduced Coinbase Card — a new Visa debit card that allows Coinbase customers to easily spend any of the crypto balances in their Coinbase account for paying for goods/services anywhere that Visa is […]

Trump Campaign Website Defaced to Promote XMR Scam

Hackers have defaced the campaign website of U.S. President Donald Trump to briefly promote a scam trying to get donations in the privacy-centric cryptocurrency Monero (XMR). It’s unclear whether any donations were made. The defacement, according to the New York Times, latest less than 30 minutes and was first spotted by Gabriel Lorenzo Greschler, a […]

Crypto Volatility Scares Away Potential Users, Says MasterCard CEO

Mastercard CEO Ajay Banga says bitcoin’s volatility is scaring away potential users and limits its use as a tool for the unbanked.

John McAfee Continues to Shill Cryptoassets From Behind Bars

John McAfee published an update from his cell in a Spanish prison, shilling the project $GHOST as a stablecoin that will revolutionize crypto stransactions.

JPMorgan’s ‘JPM Coin’ Is Ready for Commercial Use, Executive Says

The stablecoin launched by JPMorgan Chase, ‘JPM Coin’ is now reportedly ready for commercial use, according to the bank’s global head of wholesale payments. JPMorgan has also created a new blockchain unit called Onyx. Speaking to CNBC, Takis Georgakopoulos revealed that the JPM Coin is already being used by large technology clients to send payments […]

Monero Up 200% Year-to-Date, Hits 2-Year High Amidst Regulatory Concerns

Privacy-focused cryptocurrency Monero is up 200 percent year-to-date after reaching a 2-year price high on October 26.

Singapore’s Largest Bank Plans to Launch Its Own Crypto Exchange

Update #1 at 09:45 UTC: The bank seems to have pulled the exchange’s landing page, which suggests that the official launch is not quite ready yet. Update #2 at 15:00 UTC: A DBS spokesperson has confirmed to CoinDesk that “DBS’ plans for a digital exchange are still work in process, and have not received regulatory […]

Comedian Kevin Hart Gives Shoutout to Crypto ‘Voodoo’ Money at Charity Event

Comedian Kevin Hart gave a shoutout to crypto “voodoo” money during a recent fundraiser telethon for Muscular Dystrophy.

After a Week of Bullish News for Bitcoin, Crypto Investor Sentiment Index Is at ‘Extreme Greed’

Following a week of bullish news for Bitcoin, the BTC price is managing to hover around the $13,000 level despite the disappointment of investors who were hoping to see a U.S. stimulus bill get signed into law before Election Day (November 3). News-wise, with one important exception, this has been a fantastic week for Bitcoin […]

CoinShares CSO Meltem Demirors on PayPal’s Move into the Crypto Space

On Wednesday (October 21), shortly after PayPal Holdings, Inc. announced its plans to support cryptocurrencies, Meltem Demirors, Chief Strategy Officer of digital asset investment firm CoinShares, talked about the implications of this move for the crypto space. Meltem’s comments came during an interview on CNBC’s “Fast Money” show. Meltem was first asked why she believes […]

KuCoin Hackers Move $1.26 Million in Ether to Coin Mixer

The hackers who back in September stole an estimated $200 million from Singapore-based cryptocurrency exchange KuCoin have started moving stolen funds to a coin mixer, a service that hides the origins of funds. Larry Cermak, Director of Research at The Block, spotted the move and wrote about it on microblogging platform Twitter. In batches of […]