[ad_2][ad_1] Ripple’s CTO David Schwartz said he lost more than $ 300,000 in altcoin investments. Schwartz wrote to Quora that he made several investments that “turned out to be disasters”: “I bought quite a few cryptocurrencies which proved disastrous. My total losses, just on tokens that become completely useless, are …
Read More »Ripple’s CTO claims he lost $ 300,000 trading unnamed altcoins
[ad_2][ad_1] David Schwartz, Ripple’s Chief Technology Officer, revealed that he lost more than $ 300,000 by investing in altcoins. According to a November 2 post on Quora asking readers if they had lost money trading Bitcoin (BTC) and other cryptocurrencies, Schwartz said he made some cryptocurrency investments that “eventually had …
Read More »A guide to altcoins and how they could be useful in Africa
[ad_2][ad_1] In November 2019, Twitter CEO Jack Dorsey made headlines around the world when he said Africa will define the future of Bitcoin. With its various use cases and suitability for the continent’s demographic and economic trends, there has been a growing buzz about its potential to improve Africa’s financial …
Read More »Bitcoin inches closer to $ 15k as BTC Dominance decimates Altcoins
[ad_2][ad_1] Summary: Bitcoin continued its bullish rise above $ 14k BTC just hit a 2020 high of $ 14,785 Such levels were last observed during the 2017/2018 bull run The dominance of Bitcoin’s market cap has continued to increase at the expense of altcoins As the world’s attention is glued …
Read More »High Profile Cryptocurrency Trader Says Ethereum, XRP, and Three Small Cap Altcoins Are Ready to Break Out After Bitcoin’s Big Move
[ad_2][ad_1] Crypto Rand says a select number of altcoins including Ethereum (ETH) and XRP are poised to trigger bullish breakouts. Rand tells its 220,000 Twitter followers that Ethereum, referred to as “the money printer”, is poised to launch the next step as it violates the resistance of a bullish continuation …
Read More »Further earnings for these altcoins
[ad_2][ad_1] Litecoin is the best performing altcoin in the top 50 on a weekly basis. Chainlink is ready to continue growing. The popularity of Wrapped Bitcoin is gaining momentum. The cryptocurrency market has been on fire recently. Bitcoin broke through the critical resistance of $ 12,000 and tested a new …
Read More »Bitcoin exceeds 11,800 USD, Ethereum, Altcoins Slide
[ad_2][ad_1] The bitcoin price remained in a positive zone above the resistance of 11,550. BTC extended its rise above the USD 11,800 resistance and even jumped above USD 11,900. The price is currently (13:00 UTC) up 3% and may soon attempt a break to the upside above the USD 12,000 …
Read More »Altcoins accounts for a third of the total cryptocurrency mining energy usage
[ad_2][ad_1] Researchers at the Technical University of Munich are encouraging regulators to look beyond Bitcoin when it comes to considering the environmental impact of cryptocurrency mining. According to an August 4 issue of the scientific journal Joule, researchers Ulrich Gallersdörfer, Lena Klaaßen and Christian Stoll determined that Bitcoin (BTC) mining …
Read More »What are Altcoins and why are there more than 5,000 of them?
[ad_2][ad_1] According to cryptocurrency market capitalization aggregators, there are more than 5,000 cryptocurrencies and over 20,000 different types of markets today. BTC is the oldest and most well-known digital asset, and almost everything else has typically been referred to as “altcoin”. The term refers to any of the thousands of …
Read More »Max Keizer Predicts Bitcoin Dominance, Death of Altcoins and Hard Forks
[ad_2][ad_1] Bitcoin maximalist and former Wall Street trader Max Keizer has recently claimed that BTC dominance is heading to 80% Keizer announced his latest views in a Twitter post on Aug. 6: "#Bitcoin dominance 68.2% – heading to 80% – as alts die in favor of BTC. The 2014-2017 era …
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