Bitcoin Price Growth Lifts Some Altcoins Along Path
Do you know that MaidSafeCoin is older than mighty Bitcoin? The Scottish Crypto will be 11 years old in February. Frankly, its performance in 2016 was something to write home about. The security conscious digital currency made a strong statement when it stormed the top 10 on CoinMarketCap in the last quarter of the year dislodging digital assets like NEM, Augur and even Steem to the bottom. Nick Lambert, Chief Operating Officer of MaidSafeCoin, attributes their notable success to changes in the technical team and how they work. Before 2015, 10 percent of their developers were based outside....
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Bitcoin's latest success has coincided with the developments of other cryptocurrencies, each with its unique features making the ecosystem radiant and highly competitive. Other top currencies that recorded a push in their prices include Monero, Dash and Steem. Cointelegraph takes a look at some Altcoins that are leveraging Bitcoin's progress to offer alternatives to crypto community members. GoldCoin was up 600 percent. Originated from a Litecoin fork in 2013, it bagged an incredible 600 percent in 2016. Greg Williams aka Real Micro Guy, PR Director/Systems Admin of GoldCoin attributes....
Writing for the New Republic, Evgeny Morozov has written a brief critique of what he dubs America's "innovation fetish." While not really spelled out in the article, there are some pretty obvious reasons to fetishize innovation. A look to the developing world reveals why. Innovation unleashed in a liberalized India, for example, has accelerated economic growth to 7 percent per year. Compounded, this growth will eliminate the very worst of Indian poverty in a generation of twenty years. Liberalization of the Chinese economy has pulled hundreds of thousands from grinding rural poverty to....
Bitcoin’s price has been fairly stable below $24,000, with sellers being unable to firmly degrade its strength despite the weakness seen across altcoins BTC’s dominance has been rising rapidly as it sucks the oxygen out of the room, with analysts widely targeting continued strength against altcoins However, Bitcoin still has some major hurdles in its path that may continue hampering its growth and stopping it from seeing any massive uptrend This includes the massive resistance […]
Alt season is here? ETH, DOGE and other altcoins rally to new highs as DeFi and Ethereum’s London hard fork promise further growth. Altcoins like Ether (ETH), Dogecoin (DOGE) and Ethereum Classic (ETC) are spearheading a new alt season that seems to have taken off with a bang. Since a rising tide usually lifts all boats, there are several other cryptocurrencies that are benefiting from this growing interest in altcoins. Ether, however, may be the one generating the waves.The price of ETH, the flagship altcoin, increased more than 65% over 30 days to finally break through the $3,500 barrier....
It’s no secret that Bitcoin’s recent parabolic rally has done little in the way of providing tailwinds for altcoins, with many seeing devastating losses against BTC as their growth stagnates. This isn’t unprecedented, as past bull runs have followed a similar path, with BTC leading the way and rallying independent of the rest of the […]