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Failed Crypto Projects Get Final Resting Place In Altcoins Graveyard

By CCN Markets: Failed cryptocurrencies can enjoy an eternal resting place after they’re sent off to an altcoins graveyard called ShitcoinGraveyard. The website is the brainchild of four Berlin-based crypto entrepreneurs and bitcoin bulls: Roman Kemper, CEO and chief gravedigger. Marten Rauschenberg, DAO mastermind. Yannick Eckl, marketing director. Christoph Klischa, chief financial officer. Kemper told CCN that his team was inspired to launch ShitcoinGraveyard amid the 2018 ICO market implosion. During that time, crypto investors lost millions of dollars in numerous ICO scams. From left to right: Yannick Eckl, Marten…

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CCN is Shutting Down after Google’s June 2019 Core Update

Dear readers, Let’s get straight to it. Google’s June 2019 Core Update rolled out on June 3th 2019 and CCN’s traffic from Google searches dropped more than 71% on mobile overnight. Our traffic has experienced a massive impact by Google’s June 2019 Core Update. Image from Sistrix.com.   CCN’s visibility index on Sistrix.com shows how our site was affected by Google’s Core Update. As data from SEO analyzer Sistrix shows, our visibility on Google dropped from 1.2 to less than 0.6. You might say we ought not to face any…

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Altcoin News Altcoin Price Analysis Crypto litecoin 

Litecoin Price Soars 18% and Halving Excitement Could Boost Value Higher

By CCN: The litecoin price has appreciated more than 18-percent this week, and fundamentals suggest that it could go even higher. Litecoin is having the best week among the top cryptocurrencies.  Source: Tradingview The LTC-to-dollar rate today established an intraday high of $114.89 on Coinbase exchange. That took its 24-hour adjusted gains to 8.60-percent, the highest among the top cryptocurrencies on a bullish Friday. The move further helped Litecoin erase losses incurred during the last week’s downside action entirely. At the same time, the world’s largest cryptocurrency, bitcoin, was still…

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Altcoin News Binance Bitcoin SV Crypto Ethereum Opinion Vitalik Buterin 

Ethereum’s Vitalik Buterin Slams Bitcoin SV: ‘Obviously a Complete Scam’

By CCN: Ethereum wunderkind Vitalik Buterin maintained his hardline stance on Bitcoin SV in a recent interview, calling Craig Wright’s cryptocurrency a “complete scam.” Speaking with YouTuber Hardcore Crypto, Buterin left little room for interpretation regarding his thoughts on BSV. The Ethereum co-founder also gave his thoughts on decentralized exchanges and the worryingly centralized accumulation of power by Binance. Ethereum Co-Founder: Bitcoin SV is a ‘Complete Scam’ Ethereum creator Vitalik Buterin ripped Bitcoin SV a new one. | Source: TechCrunch/Flickr (i), CoinGeek/YouTube (ii). Image Edited by CCN. Just in case…

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Altcoin News Binance Crypto monero 

Monero Mining Unprofitable, Open to 51% Attack Post-Hard Fork: Research

By CCN: Monero recently hard-forked once again to stave off ASIC miners, who take over the network after a time and are disliked by the Monero community. Monero would prefer to be a CPU and at-most GPU coin, which is mined by the people who use it. Binance discusses Monero’s moves in a new report released over the weekend. Binance noted that there were some negative consequences associated with permanently kicking ASIC miners off the network. Monero transaction fees are down but there are other problems abound, Binance research has…

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Altcoin News Altcoin Price Analysis Crypto tron 

Tron (TRX) Price Goes 28% Up This Weekend in a Bulls***t Wacko Rally

By CCN: Want to pump an asset’s market capitalization by more than 650 million in just two days? Then learn from Justin Sun. The chief executive of Tron Foundation said last week that he would publish a big announcement after June 1. Nobody exactly knew what the revelation would be: a Godzilla or a Bambi, but the price of Tron’s blockchain token of the same encashed the hype pretty well. The TRX rate today surged to $0.041 on Binance, its highest in 10 months. The move took Tron’s weekly gains…

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Altcoin News Altcoin Price Analysis Bittorrent token Crypto Justin Sun tron 

Tron Price Soars 20% After Justin Sun Teases Alluring ‘Big Win’

By CCN: The tron price (TRX) skyrocketed more than 20 percent after founder Justin Sun teased that he would reveal “huge and amazing” news about the cryptocurrency on June 3. Tron CEO Pumps TRX With Twitter Tease Earlier this week, TRX founder and Tron Foundation CEO Justin Sun hinted at a “huge” development in the works. Sun claimed to be in the midst of a new project that would involve tron and the closely-related BitTorrent cryptocurrency. He revealed he had a “70%” chance to see it through. I did it!…

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Altcoin News coinmetrics Crypto ripple 

Ripple Potentially Sped Up XRP Distribution by 21 Years: Crypto Wonks

By CCN: CoinMetrics, a firm that analyzes blockchain data for crypto investors, published a bombshell report this week which tells the story of how Ripple Labs has allegedly misrepresented its escrow system. Ripple has effectively misrepresented the amount of XRP transferred back to escrow at least twice. More importantly, the bank-friendly cryptocurrency’s escrow process diverges significantly from the way it was presented initially. Ripple Escrow System: Not Working As Advertised Ripple is supposed to take 1 billion XRP out of its fund every month, liquidate what it needs, and return…

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Altcoin News bitcoin Bitcoin & Blockchain Investments Crypto Emin Gun Sirer Ethereum 

Researcher Nears Launch of Ava, a Crypto & Potential Ethereum Killer

By CCN: The crypto ecosystem often explores which blockchain will emerge as the ‘Ethereum killer.’ So far, no network has been able to muscle the second-biggest blockchain off its perch, but now there’s a new kid in town – Ava, and it has Bitcoin, Ethereum, and even Visa in its sights. Ava is a new cryptocurrency that uses a consensus protocol known as Avalanche, whose creators similar to Bitcoin are anonymous only they go by Team Rocket. Avalanche is designed to combine the “best of both worlds” from the Nakamoto Consensus…

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Altcoin News Altcoin Price Analysis bitcoin Crypto EOS Ethereum litecoin 

3 Altcoins with Bullish Potential Like Parabolic Bitcoin

By CCN: It has been almost a year and a half since bears took over crypto markets. Bitcoin took a massive beating as it shed 84% of its value. Other large-cap coins shared more brutal fates. Ethereum, Litecoin, and EOS were all devalued by more than 90%. Last year was full of trials and tribulations for retail investors. Thankfully, the ordeal is finally over. With bitcoin’s unbelievable run over the last few days, altcoins such as Ethereum, Litecoin, and EOS have responded with massive technical breakouts. This prompted us to…

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