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.

PayPal’s Crypto Move Paves the Way for Its Own Cryptocurrency, Says CoinShares Exec

Payments giant PayPal letting its users buy, sell and hold cryptocurrencies on its platform could be “paving the way” for PayPal to launch its own cryptocurrency, possibly within the next 6-12 months, said CoinShares Chief Strategy Officer Meltem Demirors. Speaking to CNBC’s Fast Money, Demirors revealed that PayPal adding cryptocurrency buying and selling options will […]

Crypto Community’s Reaction to PayPal’s Announced Support for Cryptocurrencies

On Wednesday (October 21), payments firm PayPal announced how it is planning to support cryptocurrencies. This article examines the reactions to this news from some of the prominent members of the crypto community. Most people in the crypto community welcomed PayPal’s entry into the crypto space and saw this announcement as the most important piece […]

Bitcoin Goes Over $13K For First Time Since July 2019 Thanks to PayPal

On Wednesday (October 21), the Bitcoin price surged past $13,000 for the first time in over 15 months thanks mostly to an announcement from PayPal that it is launching support for cryptocurrencies. In the past one-month period, Bitcoin has steadily moved higher from the low of $10,365 it reached on September 22. Probably the main […]

PayPal Launches New Service That Lets Users Buy, Sell, and Hold Crypto

On Wednesday (October 21), payments firm PayPal Holdings, Inc. 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 by the COVID-19 pandemic and the increased interest in digital currencies from central banks and consumers.” PayPal’s new service, which was launched today, […]

Fed Chair Powell Speaks About CBDCs at IMF Panel on Cross-Border Payments

On Monday (October 19), Federal Reserve Chair Jerome H. Powell spoke about Central Bank Digital Currencies (CBDCs) at a (virtual) International Monetary Fund (IMF) seminar event titled “Cross-Border Payments—A Vision for the Future”. The purpose of this seminar was to “discuss potential solutions to enhancing cross-border payments, the benefits and risks of cross-border use of […]

Popular Crypto Trader Preparing for Altcoin Price Boom

Popular crypto trader SalsaTekila says hes shifting his portfolio, including part of his bitcoin, into altcoins in anticipation of a price pump ahead.

Japanese Financial Giant SBI to Pay e-Sports Hires in XRP

SBI e-Sports, a subsidiary of the Japanese financial services giant SBI Holdings, has hired two e-sports players to its professional team, an is set to pay them their entire salaries in XRP, the fourth-largest cryptocurrency by market cap. In two separate announcements, SBI e-Sports revealed that it recruited two top gamers: Subary Sagano, known as […]

Coinbase Custody Considering Adding Support for Several More Cryptoassets

Coinbase Custody announced on Friday (October 16) that “over the coming months,” it plans to “support more assets.” Coinbase Custody, which was launched in 2018, “offers clients access to the secure, institutional-grade offline storage solution that has been used by Coinbase’s exchange business since 2012,” and it is “an independent, NYDFS-regulated entity built on Coinbase’s […]

Filecoin Mainnet Launches, $FIL Trading at a $120 Billion Fully Diluted Valuation

Decentralized storage network Filecoin’s mainnet went live around 14:44 on Thursday (October 15), with the FIL token finally being traded across crypto exchanges more than three years after Filecoin completed its initial coin offering (ICO). On 7 September 2017, Filecoin’s ICO, which had began on 10 August 2017, officially ended, raising over $205 million (and […]

Crypto Supporter John McAfee Updates Fans From Spanish Prison

Outspoken crypto supporter John McAfee has updated his supporters from a Spanish prison after being arrested on charges of tax evasion earlier in the month.

Crypto Asset Manager Grayscale Posts Record Quarter With Inflows Above $1 Billion

Cryptocurrency asset manager Grayscale Investments has released its financial report for the third quarter of the year, and revealed it raised $1.05 billion into its investment products, making it the “largest capital inflow in a single quarter in the firm’s history.” The report details that the Grayscale Bitcoin Trust has kept on leading investment demand, […]

Binance Helps Crypto Investor Recover $30,000 From Exit Scam

Popular cryptocurrency exchange Binance has helped a cryptocurrency investor recover 200,000 yuan (about $30,000) that were lost after the user fell victim to an exit scam posing as a yield farming project. According to the exchange, the cryptocurrency investors identified the liquidity mining project and after a few days of doing some research, he concluded […]

Zilliqa ($ZIL) Officially Launches Its Non-Custodial Staking Platform ‘Zillion’

On Wednesday (October 14), Zilliqa, the blockchain startup that “was born at the National University of Singapore” and which launched its mainnet in January 2019, announced the official launch of Zillion, its non-custodial staking platform. Here is how Binance Research describes Zilliqa: “Zilliqa (ZIL) is one of the world’s first blockchains being built on a sharded […]

New Mining Entity Controlling One-Fourth of BCH’s Hashrate Draws Attention Over Empty Blocks

A new mining entity reportedly partly responsible for mining empty blocks on the Bitcoin Cash (BCH) blockchain has drawn the community’s attention, as it quickly captured one-fourth of the network’s hashrate. Members of the cryptocurrency’s community recently noticed that a mining operation called HathorMM managed to get up to one-third of the network’s hashrate at […]

G7 to Oppose Libra Launch Until Properly Regulated

Financial leaders of the world’s seven biggest economies are set to reveal they will oppose the launch of Facebook’s Libra cryptocurrency project until it’s properly regulated, according to a draft G7 statement. The draft, Reuters reports, was prepared for a meeting of financial ministers and central bankers from the United States, Japan, Germany, France, Canada, […]

Oscar winner Kate Winslet to Star in Movie About Alleged Ponzi Scheme ‘OneCoin’

British actress Kate Winslet, who has won Academy, Emmy, and Grammy Awards, will reportedly be starring in an upcoming feature film about OneCoin called Fake! from Metro-Goldwyn-Mayer (MGM) Studios. According to a report by entertainment news site Deadline, this project was “acquired for producer Jennifer Todd under her first look deal at the studio.” Scott Z. Burns “will […]

96% of Decentralized Finance’s Transactions Are Based on Ethereum

96% of the decentralized finance’s (DeFi) transaction volume is based on the Ethereum network, as the yield farming trend saw movers adopt DeFi at a record pace in the third quarter of this year. According to a report published by DappRadar, first reported on by Decrypt, the total value locked in the decentralized finance space […]

Group Crowdfunds Lawsuit Against Yearn.Finance Founder Andre Cronje Over EMN Hack

A group of aggrieved cryptocurrency investors are crowdfunding a lawsuit against Yearn.Finance’s founder Andre Cronje for his role in the $15 million hack of EMN.

‘Crypto Mom’ SEC Commissioner Hester Peirce on Regulatory Challenges Facing DeFi

Earlier this week, Hester Peirce, whose renomination as Commissioner at the U.S. Securities and Exchange Commission (SEC) was confirmed by the U.S. Senate on August 6, spoke about regulatory challenges facing decentralized finance (DeFi). Commissioner Peirce’s remarks about DeFi while she was speaking with journalist Laura Shin on day one of the two-day (virtual) LA Blockchain […]

Brave Browser Faces Criticism After Adding New Bitcoin.com Exchange Widget

The cryptocurrency-powered Brave browser is facing criticism after it added a new cryptocurrency exchange widget for Bitcoin.com, which by default gives users the option to buy Bitcoin Cash (BCH). Bitcoin.com is a website known for being pro-BCH. Bitcoin Cash was a cryptocurrency created back in August 2017 through a fork of the original Bitcoin (BTC) […]

Wrapped Bitcoin (WBTC) Surpasses $1 Billion After Growing 860% in 90 days

The amount of bitcoin (BTC tokenized on the Ethereum network via the wrapped bitcoin (WBTC) protocol has now surpassed $1 billion, after growing by over 860% in the last 90 days, from little over $200 million. The milestone comes weeks after the total value of all the bitcoin tokenized on the ETH network via various […]

U.S. Stocks Rally on Stimulus Optimism, Bitcoin Price Goes Up Thanks to Square

On Friday (October 9), optimism for a COVID-19 stimulus deal remains despite the confusing state of the talks between President Trump’s representative, U.S. Treasury Secretary Steven Mnuchin, and House Speaker Nancy Pelosi. Meanwhile, Bitcoin is continuing to enjoy its endorsement by Square. On Thursday (October 8), Drew Hammill, who is Deputy Chief of Staff to […]

China’s Digital Currency Moved 1.1 Billion Yuan in 3 Million Transactions: Report

The digital currency being developed by China’s central bank, the People’s Bank of China (PBOC), has reportedly already been used to move over 1.1 billion yuan ($162 million) in over 3 million transactions amid ongoing pilot programs. According to a deputy governor at PBOC, Fan Yifei, 3.13 million transactions using the digital currency, a digital […]

Crypto Investors Waiting for Some Kind of Fiscal Stimulus Announcement

On Thursday (October 8), investors in both equities and cryptoassets seem to be anxiously waiting to see if the Trump administration, the House Democrats, and the Senate Republicans can reach agreement on some kind of fiscal stimulus package before the U.S. presidential election on November 3. On Wednesday (October 7), the Dow Jones Industrial Average […]

Zilliqa (ZIL) to Enter DeFi Space With Zilswap, a DEX Built by Cross-Chain Platform Switcheo

Zilliqa (ZIL), a high-throughput blockchain platform designed to scale almost linearly as the number of nodes scales, is set to enter the decentralized finance (DeFi) space with a decentralized exchange built by Switcheo. Switcheo, it’s worth noting, is a cross-chain decentralized exchange first launched on the NEO blockchain, that then added atomic swaps and started […]

Ethereum Wallet MetaMask Adds Token Swap Functionality

The popular Ethereum wallet and explorer MetaMask has added a new feature that brings it into the decentralized exchange aggregator business: token swaps. According to CoinDesk, the wholly-owned product of Ethereum software firm ConsenSys is one of the most popular methods users have to access the Ethereum blockchain and its decentralized applications. It’s an ether […]

Stocks and Bitcoin Take a Tumble After President Trump Halts Stimulus Talks

U.S. stocks and cryptoassets fell on Tuesday (October 6) after President Donald Trump decided to pause negotiations with Democrats over the next major COVOD-19 fiscal stimulus package until after the U.S. presidential election. Yesterday, the Dow Jones Industrial Average, the S&P 500, and the Nasdaq Composite closed lower 375.88 points (1.34%), 47.68 (1.40%), and 177.88 […]

Ripple Considering Moving Headquarters to a More Crypto-Friendly Jurisdiction

On Tuesday (October 6), Chris Larsen, Co-Founder and Executive Chairman of Fintech firm Ripple Labs, said that his firm is considering moving its headquarters from San Francisco, California to a more crypto-friendly jurisdiction in Europe or Asia. Chris Larsen was born in San Francisco, California, and got his bachelor’s degree (B.S.) in accounting and business administration in […]

MetaMask Surpasses 1 Million Monthly Active Users Amid DeFi Surge

Ethereum browser wallet MetaMask has surpassed one million monthly active users (MAU) amid an ongoing surge in the total value locked in decentralized finance (DeFi) protocols. In a Medium post, MetaMask pointed out that after revealing it hit over 260,000 monthly active users in May of last year, it has grown over 400% since then […]

Popular Analyst Predicts Shake-up for Top 10 Cryptoassets

Popular crypto analyst Michaël van de Poppe has predicted that bitcoin cash, XRP and litecoin will fall out of the top 10 by market capitalization as the industry matures.

Binance’s DEFI Composite Index Lost over Half Its Value in Less Than a Month

Cryptocurrencies associated with decentralized finance (DeFi) protocols have been rapidly losing value over the last few weeks, so much so Binance’s DEFI Composite Index is down over 50% since it was first launched. As Decrypt reports, the index launched by Binance is calculated using weighted averages of a basked of tokens associated with decentralized finance […]

Little-Known Altcoins are Preparing for Major Price Rallies, Says Popular Crypto Commentator

Popular crypto commentator and trading analyst Lark Davis has told his followers to pay attention to several DeFi altcoins on polkadot that appear poised for a bullish rally.

Venezuela Trials Ethereum-based Decentralized Stock Exchange

Venezuela’s National Securities Superintendence has reportedly given a cryptocurrency-powered “decentralized stock exchange” the go-ahead for a 90-day trial. According to CoinTelegraph Español, the “decentralized stock exchange” is known as BVDE” and its website claims the platform is the first decentralized stock exchange in the world. It highlights users will be able to access the trading […]

Balancer ($BAL) and Ren ($REN) Are Getting Listed on Coinbase Pro

Crypto exchange Coinbase has announced that two new cryptoassets—Balancer (BAL) and Ren (REN)—are coming to Coinbase Pro, its trading platform for experienced/professional traders. On Thursday (October 1), Coinbase published a blog post that said that, based on demand from their customers, recently, they had listed the following cryptoassets: Uniswap (UNI), yearn.finance (YFI), Loopring (LRC), UMA (UMA) Celo (CGLD), Numeraire (NMR), Band […]

Veteran Crypto Investor: CFTC and DOJ’s Actions Against BitMEX Are Bad For DeFi

On Thursday (October 1), crypto investor Adam Cochran, explained why the actions of the U.S. Commodity Futures Trading Commission (CFTC) and the U.S. Department of Justice against BitMEX are are bad news for decentralized finance (DeFi). On Thursday (October 1), the CFTC announced that it had brought charges against “five entities and three individuals” that own […]

Ripple Leads Initiative to Be Carbon Neutral by 2030 Starting With XRP Ledger

Ripple has announced an initiative to reduce global carbon emissions with a new tool for purchasing renewable energy from markets worldwide.

Cross-Chain DeFi Project Equilibrium Raises $5.5 Million via Unconventional Token Swap

Equilibrium, a cross-chain decentralized finance (DeFi) money market based on the Polkadot blockchain has raised $5.5 million via an unconventional token swap fundraising method. In a press release shared with CryptoGlobe, Equilibrium revealed the decentralized interoperable DeFi money market raise over $5 million in a round that saw a number of venture capital funds that […]

Crypto Exchange OKEx Holds Voting Event on Listing of NFT Projects

Popular cryptocurrency exchange OKEx has announced it’s hosting a voting event for its community to decide on two non-fungible token (NFT) projects that are set to be listed on the trading platform. According to an announcement, users can vote by depositing tokens into their OKEx accounts or generating wallet addresses up until October 8, to […]

Social Trading Platform eToro Now Offers Staking Support for Cardano (ADA) and TRON (TRX)

Social trading platform eToro announced on Thursday (October 1) that its users could now earn a monthly passive income in the form of staking rewards simply by keeping their ADA and TRX holdings on eToro; the “first wave” of staking rewards will be distributed in November. The rewards are more of the tokens being “staked,” […]

Crypto Betting Markets Turn to Joe Biden’s Favor After First Presidential Debate

Cryptocurrency betting and prediction markets allow people to bet on the outcome of the upcoming U.S. elections, and up until the first Presidential Debate favored Donald Trump as the winner. According to a press release issued by crypto betting market Cloudbet, which allows users to gamble using BTC, USDT, BCH, and ETH, there was a […]

Bitcoin SV Active Addresses Surge 850% to Over 1 Million Ahead of BSV Conference

Bitcoin SV (BSV a cryptocurrency created through a hard fork of the Bitcoin Cash (BCH) blockchain, has seen active addresses and transactions on its network surge over the last few days, leading up to a BSV conference in New York. According to BitInfoCharts data, active BSV addresses grew from 110,000 on September 28 to over […]

Why a Bitcoin Breakout Within the Next Few Weeks Is Looking Increasingly Likely

Investors in Bitcoin and other cryptoassets have good reason to feel more bullish after recent developments in the U.S. relating to negotiations over the next COVID-19 fiscal stimulus package. But why would a deal on the next COVID-19 relief package affect the crypto market? Well, if the White House and the U.S. Congress manage to […]

XRP to Enter Growing eSports Industry via New Sponsorship Deal

SBI e-sports, a subsidiary of the Japanese financial services giant SBI Holdings, has signed a new sponsorship deal with the company’s venture capital arm SBI VC Trade, which will help XRP enter the growing eSports scene. According to an announcement SBI Holdings published, the partnership will see SBI e-Sports’ teams add the SBI VC Trade […]

Cumulative Ethereum Transaction Fees More Than Double Those of Bitcoin so Far This Year

Ethereum’s cumulative transaction fees so far this year are now over $350 million, more than double the aggregated total of the fees paid to transact on the Bitcoin blockchain. According to a report published by Coin Metrics researchers and Nate Maddrey on how decentralized finance is fuelling Ethereum’s growth, new demand for Ethereum has seen […]

Investors Register 1.5 Billion XRP to Ripple-Backed Flare Network

Investors have registered more than 1.5 billion XRP to the RIpple-backed Flare Network in anticipation of the platform’s native token launch.

Ethereum Token Powered VR Platform Signs Deal With Superstar DJ

On Tuesday (September 29), Sensorium Corporation, the company behind social VR platform Sensorium Galaxy, which is backed by Jay-Z’s music streaming service TIDAL, announced that it had signed a deal with French DJ and music producer David Guetta. Sensorium Corporation, which was founded by Forbes-listed Russian billionaire Mikhail Prokhorovin in 2018, is “a technology company […]

You Can Now Earn Passive Income From Your Cosmos (ATOM) Holdings on Coinbase

Crypto exchange Coinbase has announced that it now offers staking support for a second Proof-of-Stake (PoS) blockchain. On 6 November 2019, Coinbase announced staking support for PoS blockchain Tezos (XTZ). The idea was that eligible U.S. customers would be able to earn around 5% APY from staking rewards simply by keeping their XTZ holdings on […]

Waves Exchange Launches ‘Decentralized Forex’ Market Using Stablecoins

Cryptocurrency exchange Waves Exchange has announced the launch of a ‘decentralized forex’ market within its platform powered by stablecoins pegged to various fiat currencies. According to a press release shared with CryptoGlobe, Waves Exchange will initially support seven stablecoins pegged to the value of fiat currencies: USDN, EURN, JPYN, CNYN, RUBN, UAHN and NGNN. The […]

KuCoin Hacker Starts Moving Millions in ERC-20 Tokens, XRP to Cash Out

The hacker who stole hundreds of millions of dollars’ worth of cryptassets form Singapore-based crypto exchange KuCoin have started moving millions in ERC-20 tokens and XRP to cash out using various methods. Data from the Ethereum blockchain, spotted by Whale Alert, shows that the hacker, who managed to steal an estimated over $200 million from […]

Uniswap becomes first DeFi Protocol With over $2 Billion in total value locked

Decentralized cryptocurrency exchange Uniswap has become the first decentralized finance (DeFi) protocol to surpass $2 billion in total value locked as users take advantage of the ongoing yield farming trend. Uniswap is a decentralized exchange that uses an automated market maker (AMM) model instead of the traditional order books. Users provide liquidity to Uniswap and […]

Swipe’s SXP Token Jumps Over 25% Ahead of Swipe Governance Mainnet Deployment

The price of Swipe’s SXP token has jumped well over 25%, from $1.29 to $1.65 at press time, after Swipe Governance’s (SG) smart contracts were successfully audited by CertiK and SG’s mainnet deployment started being prepared. According to an announcement posted on Twitter, Swipe Governance’s smart contracts were successfully audited by CertiK, and Swipe Governance’s […]

Top Technical Analyst Predicts Bitcoin to $11,400, Recommends Two Altcoins

Popular crypto analyst and technical trader Michaël van de Poppe recommended investors follow altcoins CRV and SXP while predicting bitcoin could make a move to $11,400.

Bitcoin and Ether Trading Higher Now Than Before the Attack on KuCoin

On Monday (September 28), the top two cryptoasets by market cap, perhaps rather surprisingly, are trading higher than they were were before the one of the most significant attacks ever on a crypto exchange. Over the weekend, around 02:51 UTC+8 on September 26 (or 18:51 UTC on September 25) to be more specific, Singapore-based crypto […]

Head of Crypto at Visa Explains How Automated Market Makers Such As Uniswap Work

On Sunday (September 27), Cuy Sheffield, a Senior Director at Visa and the head of its crypto division, explained in layman terms how decentralized automated market makers (AMMs)―such as Uniswap, Balancer, and Curve―work. On August 6, the research arm of Asia-based crypto exchange Multi published a blog post that explained what AMMs are in the […]

Ripple-backed XRP Ledger Foundation Aims to Help With Adoption of XRP Ledger

On Thursday (September 24), independent and non-profit entity XRP Ledger Foundation announced that it had just launched and that its mission is “to accelerate the development and adoption of the decentralized XRP Ledger.” Here is a brief explanation of the XRP Ledger: “The XRP Ledger is “an online system for payments, powered by a community without a […]

Economist Nouriel Roubini Decides to Go After DeFi

On Thursday (September 24), American economist and well-known cryptocurrency and blockchain critic Dr. Nouriel Roubini (aka “Dr. Doom”), who calls himself an expert in asset bubbles, fired shots at decentralized finance (DeFi). 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, Roubini called blockchain “a glorified […]

Chinese State-Owned Media Tout Cryptoasset Price Performance YTD in Rare Report

In a rare and coordinated effort, Chinese state-owned media have highlighted cryptocurrencies’ performance so far this year, pointed out cryptoassets were this year’s top-performing investment. The country’s top broadcaster, China Central Television (CCTV), published a three-minute news clip this Friday highlighting cryptoassets soared by 70% so far this year, and added that “cryptocurrency has undoubtedly […]

Winklevoss Twins’ Gemini Exchange Lists Seven New DeFi Tokens

The Winklevoss twins’ cryptocurrency exchange Gemini has announced the listing of seven new decentralized finance (DeFi)-related tokens, including Uniswap’s UNI and Yearn.finance’s YFI. In an announcement, the cryptocurrency exchange revealed it’s also adding Balancer (BAL), Curve (CRV), Ren Network (REN), Synthetix Network (SNX), Uma (UMA). Gemini is also adding five new cryptoassets that aren’t related to DeFi: Decentraland (MANA), […]

TRON Partners With BitGo to Bring Wrapped BTC, ETH to Its Blockchain

TRON has partnered with cryptocurrency services provider BitGo to create two new tokens on its blockchain, wrapped bitcoin and wrapped ether. These new tokens will reportedly be backed 1:1 by bitcoin in the case of wrapped bitcoin and by ether in the case of wrapped ether, by funds deposited at BitGo Trust, a qualified crypto […]

Stablecoins Surpass $20 Billion in Market Cap as Demand Keeps Rising

The total value of stablecoins in the cryptocurrency space is now above $20 billion as demand for cryptocurrencies pegged 1:1 with national fiat currencies – mainly the U.S. dollar – keeps on growing. According to data from Coin Metrics, the total value of stablecoins surpassed $20 billion this Thursday, September 24, little over four months […]