Blog
Why Litecoin Scrypt Hashing Algorithm is Superior
Litecoin is now trading at $180, nearly half of this year's rates. All the same, LTC is one of the most liquid coins around, with a well-established ecosystem comprising admirable infrastructure.
Litecoin Rises 20 Percent Then Dumps on Fake Walmart News
On September 13, Litecoin, one of the earliest cryptocurrencies supplementing Bitcoin, rose 20 percent on a fake press release by Globe Newswire purportedly announcing the adoption of LTC by Walmart—one of the world's largest eCommerce grocer.
Germany Runs More Bitcoin Nodes than the US
New data from Bitnodes reveals that there are now more Bitcoin full node operators in Germany than in the United States. Node operators are the backbone of any public ledger, of which Bitcoin is no exception.
Cardano Activates Smart Contracts via Goguen Update
On September 12, Cardano, the third most valuable crypto project, activated smart contracts, officially marking the end of the Goguen Phase, the third of the five steps that would complete Cardano's development.
Eth2 Deposit Contract Now Locks $30 Billion
As of September 10, over $30 billion of ETH is locked in the official Eth2 deposit contract on the Beacon Chain. This is yet but another confirmation that traders and investors are confident of Ethereum prospects. As such, they are willing to back the project, making the parallel staking network one of the most secure Proof-of-Stake platforms.
Ukraine Legalizes Bitcoin Provides Clarity for HODLers and Businesses
On September 9, Ukraine said it was legalizing Bitcoin following the approval of a bill by the country's legislature. The bill was first drafted in 2020. However, it was until yesterday that the members of parliament voted on its proposals and signed by President Volodymyr Zelensky, making the bill's content law.
Bitcoin Onchain Analysts: Buying Pressure Getting Stronger
A Bitcoin on-chain analyst, Willy Woo, notes that the spot market is getting stronger following the flash crash of September 7. Per his observation, only the leveraged market bore the market of bears following a deleveraging whose trigger has so far not been pinpointed.
Standard Chartered: Ethereum Can Reach $35k
Ethereum is the most dynamic platform for DeFi and NFT operations. ETH, according to supporters, is also on the path of being ultrasound money and set to be scarcer than Bitcoin and gold in the long term.
Panama Tables the Crypto Law
After El Salvador's president approved the bill to make Bitcoin legal tender, the wider crypto community focused on Panama back in June. Policymakers of the tax haven, it has emerged, have forwarded a bill dubbed the 'Crypto Law.' If approved and made into law, then crypto holders of BTC and ETH would be free to make payments legally using the two coins and pay their tax obligations.
El Salvador Central Bank Bought the Bitcoin Dip
It has been a bit of a roller coaster for crypto and Bitcoin holders in the last trading day. El Salvador made history when it passed a law making Bitcoin legal tender. The private cryptocurrency is now money in the Central American country.
What is CPU in EOS Blockchain?
In EOSIO, the CPU is the processing power of EOS. It is the amount of time a block producer should dedicate to processing a transaction. Unlike in the traditional sense where CPU is measured in cycles, in EOSIO, this metric is time and is refreshed—recalculated after every block.
Bitcoiners Lining up Buy Orders from 3 PM El Salvador Time to Celebrate History
El Salvador will make history today by becoming the first country in the world to make Bitcoin legal tender. It is a historic feat that's worth celebrating, precisely why Brazilian Bitcoiners on Reddit and Twitter plan to line up BTC buy orders from 3 PM the moment BTC officially becomes legal tender in El Salvador.
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CryptoAltum does not accept any clients under the age of 18.