Ethereum Slayers 2.0: Crypto’s Usual Suspects, or New Kids on the Blockchain?

Whenever a new blockchain platform launched between 2017 and 2018, it was inevitably heralded as a future replacement for the largest, most successful cryptocurrency platform of all. In short, it came bearing the name of Ethereum Killer. Those prophecies turned out to be premature, and by 2019 the hit that’s been put out on Ethereum is still waiting to be cashed. A year is a long time in the crypto space, and many would argue that the lineup of possible contenders for Ethereum’s throne has changed already. New upstarts have…

Read More

Bitcoin Price Feels Uncomfortably Heavy as Crypto Market Flatlines

The cryptocurrency market once again featured almost nonexistent volatility on Tuesday, though the Bitcoin price continues to feel uncomfortably heavy. The global average for Bitcoin pushed upward a slight amount, to $3,470, in the 24-hour period. Notably, it dropped on Bitfinex to $3,505. This is important because if Bitfinex pushes downward, the rest of the crypto market is likely to go lower. For various reasons, Bitfinex trends higher than the rest of the market, as we’ve noted repeatedly in these daily round-ups. Sometimes it creates a questionable arbitrage opportunity of…

Read More

Tron Cryptocurrency is ‘Just Garbage’: Stellar, Ripple Co-Founder Jed McCaleb

According to Stellar, Ripple, Mt. Gox, and e-Donkey co-founder Jed McCaleb, Tron is “just garbage.” McCaleb, who forked away from Ripple to create Stellar due to personal differences with the mission of Ripple’s corporate board at the time, also feels that the crypto market is doing well. He pointed out to Yahoo! Finance that it’s The post Tron Cryptocurrency is ‘Just Garbage’: Stellar, Ripple Co-Founder Jed McCaleb appeared first on CCN

Read More

Facebook: We’re Not Building a Cryptocurrency on Stellar

Social media conglomerate Facebook denied reports that its blockchain task force is considering launching a cryptocurrency project through a partnership with Stellar. Citing a Facebook spokesperson, financial news outlet Cheddar reports that the company will not be building on the Stellar protocol, nor has its cryptocurrency division held discussions with the project about forking Stellar The post Facebook: We’re Not Building a Cryptocurrency on Stellar appeared first on CCN

Read More

Stellar Price Continues to Moon, Sees 10% Increase in 4 hours

The stellar price reached a two-month high on Wednesday evening as it soared by well over 10% on major exchanges to reach a value of $0.33 on Bitfinex. Although there did not seem to be any particular news today to trigger this spike, the cryptocurrency — more accurately referred to as lumens (XLM) — has The post Stellar Price Continues to Moon, Sees 10% Increase in 4 hours appeared first on CCN

Read More

Stellar Price Slides 10 Percent as Bullish Trend Hits a Snag

The stellar price (XLM)  fell by just over 10% today, indicating a recent bullish trend may not sustain itself. Stellar is currently the sixth-largest cryptocurrency with a market cap of $5.131 billion, right behind EOS. In the last seven days, it has gained 35% in value against the dollar, according to CoinMarketCap. In the recent The post Stellar Price Slides 10 Percent as Bullish Trend Hits a Snag appeared first on CCN

Read More