The Strangest Altcoins of 2014
The past 12 months have seen a veritable explosion in the number of alternative digital currencies, otherwise known as altcoins. The numbers for exactly how many altcoins are in existence vary depending on the measure. CoinMarketCap.com lists 554 cryptocurrencies at the time of writing - up from around 67 a year ago. According to some estimates, however, thousands of altcoins have seen some level of circulation since the bitcoin protocol first became available for use and adaptation. Many altcoins set out with legitimate uses, strong communities and active development teams. Some have....
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This week, bitcoin’s market dominance among the market capitalization of all 12,046 crypto assets in existence has been hovering above 38%, while ethereum’s overall valuation commands 19% dominance. A report published on Monday shows that since 2014, the market share of altcoins surged threefold from 21% in 2014, to today’s market share of 62%.
Report Says ‘Tide Is Turning,’ Altcoins Are ‘Making Ground on Bitcoin’
A report published by tradingplatforms.com and author Edith Reads shows that altcoins have swelled in value over the....
Altcoins are cryptocurrencies inspired by Bitcoin. Because they oft offer little in terms of innovation, most altcoins are of little interest to serious investors. One notable difference between Bitcoin and other cryptocurrencies is the way in which coins are mined. While Proof of Work SHA2 runs bitcoin, different altcoins use scrypt or other solutions to solve this problem. Altcoins, although most often obscure, can make mainstream press headlines. When they do, they are oftentimes quickly forgotten. Below there are some examples of such coins, like Coinye and Dogecoin. On the other hand,....
The summer of 2014 is really heating up in the alternative cryptocurrency world. What will the next few months bring for altcoins? We can all agree that, well, nobody is certain. To get a perspective on the possible road ahead, All Things Alt caught up with Max Keiser, host of The Keiser Report, guru for maxcoin, and one of the leading voices behind StartCOIN, a new altcoin-powered crowdfunding initiative. Read on to see what Keiser had to say about alt investment, maxcoin and the inherent political nature of digital currencies. The case for altcoins. Keiser suggested that altcoins are a....
Despite experiencing a price rut lasting for the majority of 2014, Dogecoin has clawed its way back up the cryptocurrency market cap charts. After rising 18% on September 4, The Dogecoin price has continued its climb. Over the past week, the Dogecoin price has climbed more than 40%. Now, Dogecoin sits fifth among altcoins in total market cap. CCN examines the Dogecoin price charts. Dogecoin Price Rally Continues. September has been a great month for altcoins. In general, most top altcoins have seen their market caps increase, even as the Bitcoin price has struggled. Top 20-altcoins such as....
By the end of year 2013, Litecoin looked like the only alternative to its popular counterpart Bitcoin. Traders, who missed the chance of boarding the latter's quick-buck train, hugely looked upon its next-best to repeat the $13-to-$1,100 magic. Everything was working in Litecoin's favor - from favorable media coverage to booming merchant and user adoption. 2014 was indeed supposed to be a smoother ride for the silver coin. But as soon as this year is approaching its end, it is leaving behind quite a daunted version of Litecoin - a complete opposite of what we encountered in 2013. Take the....