Altcoin News

John McAfee Announces Privacy Coin – Airdrop Today

John McAfee Announces Privacy Coin – Airdrop Today

2020 has been a turbulent year for the cryptocurrency market, but it has established the resilience of blockchain technology. Despite a single-day market plunge that battered the entire market valuation with a 50% drop, the following rapid uptick in Bitcoin price has...

Bitcoin Network Sees a Massive Mining Pool Shift Following the Halving

Bitcoin Network Sees a Massive Mining Pool Shift Following the Halving

Following the third bitcoin halving on May 11, 2020, there’s been a big shift in mining pool distribution, as far as hashrate is concerned. At the time of publication, there’s around 100-115 exahash per second (EH/s) in search of bitcoin blocks and spectators have...

90 Million More People Can Now Spend Crypto With TenX

90 Million More People Can Now Spend Crypto With TenX

TenX’s popular Visa debit card—which lets you spend cryptocurrency without having to manually top up—has launched in Germany and Austria. It supports Bitcoin (BTC), Ethereum (ETH), and Litecoin (LTC), all of which can be spent anywhere that accepts Visa thanks to the...

CoinTracking Launches Two Powerful, Free Plug-ins for Crypto Traders 

CoinTracking Launches Two Powerful, Free Plug-ins for Crypto Traders 

Though the top cryptocurrency exchanges offer charts, many don’t offer the analytical features crypto traders need to make good trading decisions. To help fill this need, CoinTracking has partnered with two companies that specialize in cryptocurrency analytics:...

Chinese Court Declares Ethereum Legal Property With Economic Value

Chinese Court Declares Ethereum Legal Property With Economic Value

A district court in China has reportedly ruled that Ethereum’s cryptocurrency is legal property with economic value. This ruling follows a couple of other verdicts on the legality of cryptocurrency, including bitcoin, by various Chinese courts. While cryptocurrency is...

South Africa Proposes 30 Rules to Regulate Cryptocurrency

South Africa Proposes 30 Rules to Regulate Cryptocurrency

South Africa’s top financial regulators, including the South African Reserve Bank, have jointly released a policy paper with 30 recommendations for the regulation of cryptocurrency and related service providers. They aim to be in compliance with the cryptocurrency...

Crypto Marketplace Purse.io to Dissolve Operations After 6 Years

Crypto Marketplace Purse.io to Dissolve Operations After 6 Years

On April 16, the crypto firm Purse.io announced the company is planning to dissolve after six years of operation. The marketplace provided incentives for people who wanted the lowest price points by leveraging cryptocurrency solutions. New signups on Purse have been...

ECB Expects Worse Recession in Europe Than Global Economy

ECB Expects Worse Recession in Europe Than Global Economy

The European Central Bank (ECB) expects the European economy to suffer a more severe recession than the global economy. Countries across the euro area will experience “a deep recession,” which entails unprecedented funding needs of more than €1 trillion ($1.1...

80 Banks Charge Negative Interest Rates as Crisis Deepens in Germany

80 Banks Charge Negative Interest Rates as Crisis Deepens in Germany

Amid the coronavirus pandemic and deepening financial crisis, the number of banks charging customers negative interest rates in Germany has accelerated. At least 80 banks now reportedly charge negative interest rates, 16 of which apply this policy to even small...

Spain’s Lawmakers Plan to Provide Basic Income to Low-Income Residents

Spain’s Lawmakers Plan to Provide Basic Income to Low-Income Residents

Spain is preparing to provide universal basic income (UBI) to low-income individuals due to the wrath of the coronavirus, the country’s minister for economic affairs Nadia Calviño recently explained. There’s no set date yet for the UBI program, but Spain’s officials...

10 Countries Actively Regulating Cryptocurrency Despite Global Crisis

10 Countries Actively Regulating Cryptocurrency Despite Global Crisis

Despite the coronavirus pandemic and the resulting financial crisis, at least 10 countries have made announcements regarding cryptocurrency regulation since our last regulatory roundup. They include Japan, Malaysia, Singapore, China, Spain, Germany, India, the...