Altcoin News and Information Today

Is this the way to save Celsius?

Jun 21, 2022

Behind closed doors, lending platform Celsius is trying to manage their dire situation. Both people from traditional finance and crypto have joined to look for a solution. Meanwhile, their coin CEL keeps pumping: the short squeeze continues.

Solana app Solend uses emergency powers

Jun 20, 2022

A controversial move by the Solends Labs team: it had the community vote on a proposal to take over a large user's account. It goes to show that with this "decentralized" blockchain, when all is said and done, you don't own your own money.

The battle for Celsius and CEL

Jun 16, 2022

Loan platform Celsius is in dire straits. Three days ago, users were told they can no longer withdraw their coins. Celsius says it needs time to get things in order behind the scenes. The platform's own token, CEL, also took a a nosedive. But now the community is fighting back: it wants to give the shorters a taste of their own medicine. It's trivial, though, compared to the battle for billions that is going on behind the scenes.

Tether (USDT) launches on the Tezos blockchain

Jun 13, 2022

Tezos has been flying under the radar for quite some time. Despite the fact that the media became silent about this particular blockchain technology, there is a lot of development going on that is pointing toward a bright future for Tezos and its native cryptocurrency XTZ. NFT marketplaces and a whole DeFi ecosystem have emerged throughout the year 2021. Let’s recap all the positive development that has happened and take a look at why USDT is an important addition to the Tezos ecosystem.

PayPal is opening its wallets - What does that mean for mass adoption?

Jun 09, 2022

Ever since PayPal announced in 2020 to open up to cryptocurrencies it became clear that the whole market would change. Only recently the e-commerce and payment giant made another announcement that is once again of high importance, only this time a lot fewer heads got turned. One reason for the market not reacting was that we are in full bear mode since the beginning of this year and investors have lowered their expectations. In this case, we deal with fundamental news that may have a huge impact on how the crypto space is going to develop in the future.

The top 5 GameFi tokens – What to expect from blockchain-based games?

Jun 06, 2022

With blockchain technology, things could change in the next few years since this introduces the option to make in-game content a virtual asset that can be actually owned by the gamer and be transferred or traded. In-game currencies can be tokenized and will add dollar value to the achievements of gamers. What are the top 5 blockchain games and what do they have to offer?

Shiba Inu founder Ryoshi disappears

Jun 01, 2022

Ryoshi, the founder of Shiba Inu (SHIB) has deleted all his Tweets and announced his departure from the crypto world in a post on Medium. His words: "I am not important." SHIB's price remained fairly unchanged.

What is Optimism? The scaling solution explained

Jun 01, 2022

Ethereum still has a hard time scaling. More dApps and more users are competing and this does not only increase transaction costs but also the time to execute transfers on the blockchain. Ethereum has become the second-largest blockchain after Bitcoin and is the market leader in terms of total value locked on its chain.

Litecoin activated Mimblewimble – How does this improve LTC transactions?

May 30, 2022

Litecoin has activated Mimblewimble in May and not only developers and the community got excited. The Litecoin blockchain has repeatedly improved over the last couple of years. One example is the integration of the Lightning Network which is basically the same second-layer technology that is also used by Bitcoin. What is the Mimblewimble upgrade all about and how does this improve Litecoin transactions?

What is the difference between Bitcoin and Ripple (XRP)?

May 30, 2022

Distributed ledger technologies are not all the same and they work in different ways. In fact, most of the technologies that have emerged over the last few years have been developed with the goal in mind to be different from other already existing projects. At the end of the day, if you like to achieve more speed or more security than the DLT solution that is already available, you have to do things differently otherwise you would end up in the same place. With the hype around Bitcoin, many other DLTs have emerged and this has caused a lot of confusion among many investors and especially beginners. Since Bitcoin was the first cryptocurrency on the market, other cryptos often get compared with Bitcoin. Sometimes this isn’t really helpful because one cannot compare things to each other that are very different at the core of their being. This is why in this article we are going to explore the difference between Bitcoin and Ripple instead of looking at the very few similarities.

Portugal rejects tax proposals – Investors are relieved

May 27, 2022

Portugal has become a place that is increasingly attractive to investors worldwide. The reason is simple, Bitcoin and altcoins are regarded as currency, and investors are tax-exempt when taking profits. Only professional entities or businesses are being taxed when they are actively participating in the market. But it seems that some political parties like to extend taxes and formulated two proposals. What has changed the situation in Portugal and why were these proposals rejected?

...

5 6 7 8 9

...

Trade anytime, anywhere

Boost your trading impact and reaction time in over 80+ cryptocurrencies via instant access to your portfolio with the LiteBit app.