This Chart Perfectly Shows Bitcoin’s Brutal Dominance over Altcoins

By CCN Markets: Bitcoin raged back into a bull market in 2019, leaving the rest of the cryptocurrency market in the dust.  While bitcoin is up 178 percent this year alone, Ripple (XRP) and Stellar (XLM), are down more than 15 percent. Despite desperate…

Uncertainty in Alt-Coin Markets as Popular Exchanges Suffer Downtime

Two websites, both very fundamental to the functioning of the “alt-coin” market, have been unreliable in the last week for various reasons. First, the website Shapeshift.io believed its infrastructure had been compromised. CEO Erik Vorhees shared this message: Hello everyone, We wanted to provide a quick update on our status. Yesterday afternoon, we noticed several […]

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Is Nautiluscoin a Scam?

CNBC ran an article earlier this week announcing that the Greek Island of Agistri will test Brian Kelly’s Nautiluscoin. The tumultuous economic environment in Greece provides the opportune climate to deploy a new altcoin, Kelly argues. The CNBC article is a highlight reel for Nautiluscoin. It never mentions the serious challenges any altcoin faces, or that a rapid large scale deployment of a virtually unknown cryptocurrency is a pipe dream. That makes a lot more sense though, when you realize Brian Kelly is the article’s author. What is Nautiluscoin? Nautiluscoin was first heralded in a CNBC article (we’ll call this […]

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Podcast Episode 12: Litecoins and Gravy

In this episode I talk to the host of Bitcoins and Gravy, John Barrett, about many things, including being a performer working for Bitcoin. Later in the episode, after The Ode to Satoshi is played, Andrew Vegetabile from the Litcoin Association comes on board to talk about the recent rise of Litecoin, and things related to the major altcoin. If you have any requests for people you’d like to see featured on this podcast, just e-mail me at paul.madore@cryptocoinsnews.com. Thanks! Featured image from Shutterstock.  

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WTF Just Happened to Litecoin and Bitcoin?

Bitcoin jumped more than 10 USD within a few minutes climbing above 290 USD while the Litecoin price plunged with more than 35%. Was it a big Litecoin “whale” or “bag holder” that sold off his/hers entire stack of litecoins just to go all in on Bitcoin? Some even claim that a ponzi scheme pumped the Litecoin price. You can read the article explaining it here. We are investigating the claim and will present our findings within 24 hours. To whomever sold litecoins: enter your comments below and give us your thoughts on your executed sell orders. It would be […]

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Breaking: Litecoin has Crashed and Lost 35%

Litecoin just shed nearly 40% of its value in a matter of minutes. It’s understandable, seeing as Litecoin gained more than 200% in a matter of days. “The original altcoin” is also experiencing tremendous turnover, overtaking bitcoin in 24h trading volume (USD) for a time this morning. While the currency seems to have stabilized around $6.50/LTC, volatility is still very high and it make take some time for the market correction to play out. Bitcoin has not experienced any action that appears to coincide with the Litecoin crash. It seems the crash is isolated to Litecoin, but with the Litecoin halving approaching, it’s possible […]

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Litecoin Overtakes Bitcoin in Trading Volume

Litecoin, the original altcoin, was created in 2011 and is very similar to bitcoin in all but a few aspects. Intended to be “The silver to bitcoin’s gold”, Litecoin has surpassed bitcoin in daily trading volume (USD). A few takeaways from the chart: Litecoin’s 24h trade volume is nearly $8m more than bitcoin Litecoin has surpassed Ripple, nearly overnight, to reclaim it’s spot as the second largest coin Litecoin is experiencing rapid growth, more than doubling in the past few days Litecoin and bitcoin have both experienced rising prices amid the Greek debt crisis and other global uncertainty. However, while […]

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Litecoin Rising: More Than 200% Gains in a few Days

Naysayers have been kicking themselves in the pants the past few days as the price of Litecoin has shot up from historic lows and is now pushing towards $10 per coin. Renewed interest in one of the oldest, most successful alternative cryptocurrencies has driven buy pressure likely added to by an upcoming halving of the block reward, meaning a reduction in new coins introduced into the economy. The halving of the block reward is the most likely explanation, although there would have remained a high number of cheaper sell orders on the market from previous mining. (Editor’s input: It might […]

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So Long Passwords? Cryptocurrency EmerCoin’s Block Chain Supports Passwordless Authentication

The developers of the altcoin EmerCoin (EMC) recently released the details of a new block chain technology, EMCSSL. The system provides passwordless logins and identity management via its block chain. The technology has been designed to solve many of the login and authentication issues that plague the Internet. EMCSSL provides a scalable infrastructure for passwordless […]

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Qora and Burst Now Able to Make Cross-Chain Transactions

For a long time, folks have thought that centralized exchanges were the essential problem in cryptocurrency. When someone wants to convert one cryptocurrency to another, or to fiat, they have to trust that the exchange they’re going to use isn’t going to, in one way or another, rip them off. Now, two altcoins have begun […]

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Could Cryptocurrencies Bring The World a Universal Basic Income?

Could cryptocurrency bring a basic income to the people of the world, relieving them of their day-to-day quest for survival, and leaving them to ponder more philosophical questions about their existence and reaching new heights of productivity? Some in the cryptocurrency space believe so. The idea for a universal basic income is not new, as […]

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