#altcoins

Altcoins Rise To Its Highest Level In 3 Years

Crypto News Point

May 19, 2021
1 min

Altcoins Rise To Its Highest Level In 3 Years

Altcoins have risen to its three-year dominance high after tagging a record combined capitalization of nearly $1.5 trillion last week. It has been reported that Bitcoin hit a market dominance low of 33% in January 2018 when it was cooling from its previous peak, while the altcoins were just hitting theirs. However, it is currently not far off its second-lowest level of 36% of three years ago in May 2018. The report said that Ether (ETH) has recently seen its dominance surge,

New Service From Bitcoin.com Lets Users Send Bitcoin Cash Via Email

Crypto News Point

Jun 27, 2020
1 min

New Service From Bitcoin.com Lets Users Send Bitcoin Cash Via Email

Bitcoin.com has introduced a new service that allows users to send any amount of Bitcoin Cash (BCH) via email. Bitcoin.com founder Roger Ver says that in his opinion, the service is unique in the sense that higher fees make similar Bitcoin (BTC) services unrealistic. #BitcoinCash has PayPal except for: 1. No registration 2. No identity requirements 3. No transaction limits 4. No charge backs 5. No geographic boundries 6. No feeshttps://t.co/pAT0wemPEk — Roger Ver (@rogerkver)

Crypto News Point

Jun 25, 2020
2 min

Beam’s Upcoming Hardfork Will Pave The Way Towards Private DeFi

Major privacy-oriented cryptocurrency, Beam (BEAM) is making its first official move towards private DeFi through its upcoming June 2020 hardfork. On June 24. Beam announced its anticipation of Beam’s soon-to-come hard fork. The team behind the project updated a number of relevant specifications, paving the way to the so-called “Confidential Defi.” BeamHash III – The Final Algorithm The countdown has begun to the final Beam algo change with BeamHash III to be born into the #

UNICEF Cryptocurrency Fund Invests In Startups Of Developing Economies In Ethereum

Crypto News Point

Jun 20, 2020
2 min

UNICEF Cryptocurrency Fund Invests In Startups Of Developing Economies In Ethereum

Eight tech startups from seven different developing economies will receive an investment of Ethereum cryptocurrency from the UNICEF Cryptocurrency Fund. UNICEF’s crypto-enabled investment vehicle has given these companies 125 ETH, worth approximately $28,600. UNICEF #Cryptocurrency Fund announces its largest investment of startups in emerging economies. Among the awardees are companies expanding work to use their technologies to mitigate the hardships of #COVID19 on childre

Dash Investment Foundation Bought Its First Shipment Of Physical Gold

Crypto News Point

Jun 17, 2020
2 min

Dash Investment Foundation Bought Its First Shipment Of Physical Gold

The Dash Investment Foundation recently bought its first shipment of physical gold. On June 12 an announcement marked the launch of its Dash-to-gold rebalancing strategy before deploying to blockchain startups. The Dash Investment Foundation (DIF), the first ownerless and memberless investment fund in the world, recently purchased physical gold on the crypto to gold trading platform @Vaultoro as part of the fund’s #Dash to #Gold rebalancing strategy. https://t.co/crPc68U5YF —

Bitcoin Suisse Adds High-Security Custodial Support and Staking Service For Tezos

Crypto News Point

May 21, 2020
2 min

Bitcoin Suisse Adds High-Security Custodial Support and Staking Service For Tezos

Major Swiss cryptocurrency broker Bitcoin Suisse has added high-security custodial support and staking services for Tezos (XTZ) specifically for institutional clients. On May 19 an announcement was made stating that Bitcoin Suisse which custodies over $1 billion in assets revealed going live with XTZ delegation and custody support using its Bitcoin Suisse Vault, which completed an ISAE 3402 audit by PwC last fall. Proud to announce support for #XTZ in the ISAE-audited Bitcoin

Litecoin’s Mimblewimble Integration Sees Codebase Progress

Crypto News Point

May 6, 2020
1 min

Litecoin’s Mimblewimble Integration Sees Codebase Progress

The lead developer on the Litecoin Mimblewimble (MW) project, David Burkett, has built a functional testing framework and have started integrating the development work done so far into Litecoin codebase. According to a May 1 report on the Litecointalk forums, the project to implement the MW privacy enhancements into Litecoin with the build of test-bed claims to have reached an important milestone. April Progress Update: Functional test framework written. Block validation tes

World’s First Digital Asset Bank Sygnum Adds Ripple’s XRP Tokens On Its Banking Platform

Crypto News Point

May 1, 2020
2 min

World’s First Digital Asset Bank Sygnum Adds Ripple’s XRP Tokens On Its Banking Platform

Sygnum Bank, the world’s first digital asset bank announced that Ripple’s XRP tokens are now available through its banking services platform. On April 30 Sygnum Bank announced that users can access deposit, exchange, and credit services using the popular digital currency. The bank will now allow the third most capitalized digital token behind Bitcoin (BTC) and Ethereum (ETH) to be used by clients seeking to diversify their direct investments in digital tokens, in conjunction

Crypto News Point

Apr 27, 2020
1 min

Indie Film “Monero Means Money” Briefly Tops US Box Office Charts

An independent feature film titled “Monero Means Money” documenting the virtues on the privacy coin briefly topped the U.S. box office charts earlier this month. According to the-numbers.com. the feature film, grossed a total of $3,430 with the film topping briefly on box office on April 10. The film claims to “raise awareness for electronic and financial privacy rights.” The movie was screened in US across theatres such as: Laemmle Theater in Los Angeles, Tampa Theatre Parkw

Money On Chain Launches New Stablecoin And Leveraged Token On Rootstock

Crypto News Point

Apr 22, 2020
2 min

Money On Chain Launches New Stablecoin And Leveraged Token On Rootstock

One of the first bitcoin-collateralized DeFi protocols, Money on Chain launched a leveraged token and a decentralized stablecoin on Rootstock (RIF), a smart contract solution based on Bitcoin (BTC)’s blockchain. The RIF on Chain platform will consist of three main assets that interact with each other depending on the users needs that includes: RDOC is a stablecoin pegged to the US Dollar and collateralized by RIF tokens that act as a hedge against volatility. RPRO is a token

Binance Research: Altcoin Season Soon Approaching

Crypto News Point

Mar 10, 2020
1 min

Binance Research: Altcoin Season Soon Approaching

Binance Research suggests that a so-called alt season may be approaching the cryptocurrency market. On March. 6, Binance Research, the market research arm of major cryptocurrency exchange Binance, released a report suggesting that the altcoin market will see renewed activity. Are we gearing up for the next alt-season? Check out @Binance Research's in-depth findings in the 8th edition of the Global Markets series. Learn about the latest developments of markets, staking, futu

Recording Artist Akon To Launch “Akoin” Cryptocurrency On Stellar Blockchain

Crypto News Point

Mar 2, 2020
2 min

Recording Artist Akon To Launch “Akoin” Cryptocurrency On Stellar Blockchain

Multi platinum-selling recording artist Akon has chosen to build his Akoin cryptocurrency ecosystem on top of the Stellar blockchain. Akoin co-founder and president Jon Karas said they chose to launch the project on Stellar due to sharing similar values. What is @AkoinOfficial, and how will it help #Africa? See my answer in the video below. Join our telegram to learn more: https://t.co/SHvOCLpjaY pic.twitter.com/PNxGrgTnAd — AKON (@Akon) February 26, 2020 On Feb. 28 an annou

Crypto-Powered Debit Card Supplier Bitsa Now Supports Monero XMR

Crypto News Point

Feb 24, 2020
2 min

Crypto-Powered Debit Card Supplier Bitsa Now Supports Monero XMR

Italy’s new crypto-powered debit card supplier Bitsa expanded its prepaid card with major privacy-focused altcoin Monero (XMR). On Feb. 21 Bitsa announced that the company unlocks “all types” of XMR-based card transactions in physical stores and online, including card-to-card transfers and Monero conversion to euro (EUR), Launched in Q3 2019, Bitsa Card supports a total of 12 cryptocurrencies like Bitcoin (BTC) alongside EUR bank transfers and payments so far. As suggested by

Tezos Foundation Launches XTZ Faucet Giveaway

Crypto News Point

Jan 22, 2020
1 min

Tezos Foundation Launches XTZ Faucet Giveaway

Tezos Foundation has launched a XTZ faucet that aims to giveaway free virtual currency who has listed his wallet address. The Tezos Foundation’s Faucet sends up to 0.01 XTZ per claim to the user’s wallet whereby the claims for the same can be made every 12 hours, meaning that the users can claim two times in a day. Currently, 0.01 XTZ is worth about $0.015, as one XTZ is about $1.5 as of the publication time. Purpose Is To Let Developers Use XTZ Tokens On The Mainnet Nearly 1

Binance to Add Bitcoin Cash to Its Decentralized Exchange

Crypto News Point

Oct 21, 2019
2 min

Binance to Add Bitcoin Cash to Its Decentralized Exchange

The CEO of Binance Changpeng Zhao has proposed for adding support for trading bitcoin cash on its exchange developed on top of Binance Chain. Listing a BCH-Pegged Token It will be done by listing a new token on the DEX (BCH-1FD) backed by real BCH assets and issued on the Binance Chain. Binance plan is to issue about $2 million worth of the BCH-pegged tokens initially. It will mint more in response to the market conditions. The BCH-1FD is a token pegged to the BCH value. It w

NBA-China Scandal Crashes Nike Sneaker-Backed Crypto Token Price

Crypto News Point

Oct 17, 2019
2 min

NBA-China Scandal Crashes Nike Sneaker-Backed Crypto Token Price

A Chinese crypto trader highlighted a sharp decrease in the price of an American sneaker backed token in the fallout between the NBA and China. The post is now viral on the internet. 10% Crash in Price of Crypto Tokens Backed by Nike’s Air Jordan Reuters reported on Oct. 16. that the anonymous post of the trader from Weibo’s post from earlier this month highlighted a 10% crash in the price of crypto tokens backed by Nike’s Air Jordan sneakers on a US-based exchange. “It’s cle

OKEx Korea removes 5 private cryptos

Crypto News Point

Sep 19, 2019
2 min

OKEx Korea removes 5 private cryptos

South Korean arm of crypto exchange, OKEx Korea to drop down 5 major private altcoins over international regulations. On September 10th, OKEx published a blog post that the following altcoins will be removed from their exchange by 10th Oct: – Monero (XMR) Dash (DASH) Zcash (ZEC) Horizen (ZEN) Super Bitcoin (SBTC) FATF Demand The exchange mentioned that it will remove those cryptos that “violate laws or regulations [and] policies of government agencies and major agencies.” The