Category: Altcoins

Cardano (ADA) parent company—IOHK gets a new CTO

IOHK—Cardano’s (ADA) parent company has expanded its leadership team, hiring former Dell and BNP Paribas executives to lead the company’s commercial and technology divisions. According to a press release shared with CryptoSlate, the two will help create a dependency between teams working on the release of the Cardano mainnet. New CCO and CTO announced at…

April 7, 2020
Ethereum sees rocketing open interest and futures volume; here’s what this means

Ethereum has found itself caught within a firm and unwavering uptrend throughout the past 48-hours, with Bitcoin’s surge past $7,000 providing ETH with some significant momentum that has allowed it to outperform the aggregated market. This rally has led the cryptocurrency to see a massive surge in futures trading volume and open interest (OI) on…

April 7, 2020
Cardano (ADA) product managers say ITN a huge success, Byron reboot will solve major problems

IOHK’s product managers have said that the Shelley Incentivized Testnet (ITN) has been a huge success, with over 1000 stake pools created and 38 percent of the ada (ADA) supply delegated. The recently implemented Byron reboot has laid the foundation for the mainnet deployment of Shelley, as it will help solve the problems with the…

April 6, 2020
This stunning trend amongst crypto exchange tokens may be a massive red flag for investors

Native platform tokens aimed at increasing the efficiency and decreasing the costs associated with interacting with crypto exchanges have garnered significant popularity amongst investors in recent times, with their overt utility boosting transaction volumes and making them attractive to investors. In spite of this, data regarding the concentration of these tokens amongst so-called “whales” is…

April 2, 2020
Bitcoin was one of the worst performers in Q1, but these altcoins astonished

Despite the state of commotion in the global financial markets, several altcoins were able to provide significant gains during the first quarter of the year. Bitcoin: the worst performer in Q1 In a recent report, Binance Research affirmed that Bitcoin displayed a negative performance throughout the first quarter of the present year. Although the flagship…

April 2, 2020
Charles Hoskinson: It will be easier to issue and maintain digital assets on Cardano (ADA) than Ethereum

Charles Hoskinson, the CEO of IOHK, said that the huge amount of time, effort, and money spent has resulted in a unique product on the market that’s set to fulfill even the highest expectations. It will be easier to issue and maintain digital assets on Cardano than it currently is on Ethereum, Hoskinson said. IOHK,…

March 31, 2020
This on-chain indicator may spell trouble for the 88% of Ethereum investors who are underwater

Data shows that a whopping 88 percent of Ethereum investors are currently underwater on their investment, with the crypto’s massive decline from its all-time highs leaving a trail of financial destruction in its wake. This figure, although already shockingly large, may balloon even more in the weeks ahead, as some grim on-chain data suggests that…

March 30, 2020
It’s almost impossible for Bitcoin to be supplanted by an altcoin; here’s why

For over a decade, Bitcoin has been the king of the crypto industry; more accurately, it’s the so-called “grandfather” of cryptocurrencies, the first that spawned the rest. Over the majority of this decade, the asset’s primacy hasn’t been threatened. But, ever since 2017’s bull run, there have been some claiming they’ve created a “better Bitcoin”…

March 30, 2020
IOHK releases Carano (ADA) scaling protocol Hydra, reboots Byron codebase

IOHK, the company behind the Cardano (ADA) blockchain, has announced the launch of the Ouroboros Hydra protocol. IOHK explained that the scaling protocol will enable Cardano to handle up to 1 million transactions per second and facilitate micro-transactions that will lead to an uptick in crypto payments globally. In a press release shared with CryptoSlate,…

March 27, 2020
XRP is erasing “months of underperformance” as bulls fuel 8% rally; here’s what you need to know

XRP is currently in the process of posting a notable rally that has allowed it to outperform Bitcoin and most other major cryptocurrencies, with the embattled token’s bulls attempting to catalyze some much-needed upwards momentum. This has allowed the crypto to erase what one analyst is calling “months of underperformance” — although the long-term significance…

March 26, 2020