Category: Altcoins

Coin Metrics data reveals inaccuracies in Kik’s claim of being as dominant as BTC, ETH blockchains

Upon investigating Kik’s claims in response to SEC’s lawsuit filed earlier this month, CoinMetric data reported inconsistencies in the on-chain activity and adoption rate of its native token, Kin. In a study dubbed, “An Analysis of Kin’s On-Chain Activity,” the crypto-asset elaborated on the two assertions made by Kik in […]

Does the Future of Online Casinos Depend on Crypto Coins?

Photo: Pixabay The Gambling industry is believed to gross an estimated amount of $400 billion USD annually on a global scale. As technology advances over time and with the emergence of decentralized technology, all facets of the world economy are rapidly adopting this trend. The gambling industry, which is believed […]

Major Credit Rating Agency Fitch Drums Up Support for Facebook’s Fiat-Backed Libra

Photo: Shutterstock Last week Facebook unveiled the much-awaited Libra coin whitepaper. The wave of interest in the crypt continues to rise around the world. It seems the big and mighty are joining the party with Libra getting a new and powerful ally in Fitch. The large credit rating agency published […]

JPMorgan to Hold Trials of Its JPM Coin with Its Corporate Clients

Photo: Shutterstock As it has become known the long-awaited JPM Coin cryptocurrency is soon to be tested with JPMorgan Chase’s corporate clients. The bank has announced its plans to start customer trials of its crypto project. Umar Farooq, the head of digital treasury services and blockchain, revealed that the main […]

Gemini outperforms Tether; stablecoins struggle as Libra’s shadow looms, finds Fundstrat report

Last week might have been the last phase of the ‘Gemini’ as Zodiac signs go. However, the twin-heads have surprisingly outperformed their stablecoin equivalent, Tether [USDT] as Libra scaled the market. With bullish sentiment emanating from Menlo Park, pushing Bitcoin [BTC] into fifth-heaven, stablecoins on the whole faltered. According to […]

Facebook Pushes on with Cryptocurrency Recruitment Despite Libra Project Criticism

Facebook is advertising job offers for a cryptocurrency wallet data engineer and regulatory policy expert as it moves forward with its plans for the Libra project. Meanwhile, stakeholders across the cryptocurrency and mainstream finance industries, as well as government officials, continue to express concerns about the company’s foray into the […]

Bitcoin crosses 50,000….. in tweet volume; Proof of Shill or Proof of Success?

Twitter is a brilliant platform, isn’t it? On which other platform will you find the President of an actual country declaring war and calling out reporters, news outlets and political opponents in 280 characters or less? Which platform has divided families and ended relationships the world over, based on the […]

Stephen Moore: Facebook’s Libra Is a New Challenge to Banks

Just when it seems the entire world is against Facebook’s Project Libra, Mark Zuckerberg and his team have gotten a new friend in Stephen Moore, an American writer, television commentator, and confidant of U.S. President Donald Trump. Moore has described Libra cryptocurrency as an interesting venture that represents a new […]

Tron Announces Its $20 Million TRX Buy-Back Program

Photo: TRON Foundation / Medium June 25 is a significant day for the Tron community: on this day last year, Tron separated itself from Ethereum blockchain, launched the Tron mainnet and generated its first genesis block. To celebrate the event, Tron has come up with some initiatives, which Tron CEO […]