Why did the word ‘altcoin’ lose its relevance

All cryptocurrencies other than Bitcoin (BTC) were first described as altcoins for a single reason: There was a rise of projects that copied and pasted Bitcoin’s source code. The cryptocurrencies in the early stages weren’t unique enough to have a distinctive term, so “altcoin” (alternative coins) best fit their description. The community, at that point, … Read more

Key Differences Between Bitcoin and Ethereum

Although both projects are based on blockchain and their coins are used as cryptocurrencies, they are fundamentally different. Bitcoin was initially created by a mysterious pseudonym Satoshi Nakamoto as an aspiring alternative to centrally-issued and managed fiat currencies. Its main selling point is that it is not backed by any central bank or other financial … Read more

Ethereum Price Index

Bitcoin price extended decline below the USD 41,800 level. BTC even tested USD 41,250 and recently corrected higher. It is currently (04:01 UTC) trading above USD 41,700, but a break above USD 42,750 is needed for a decent recovery. Similarly, most major altcoins are attempting an upside correction. ETH spiked below USD 3,120, but the … Read more