In our “Altcoins” section, we cover news, updates, and market trends related to alternative cryptocurrencies beyond Bitcoin. Here you will find information about popular altcoins, new blockchain projects, and the technologies driving the altcoin ecosystem. Read the “Altcoins” section on ForkNews to stay updated on the latest developments across the crypto market.
Overall, altcoins continue to fall in price as Bitcoin remains under strong selling pressure.
BCA and Spendbch companies published on the Bitcoincashers.org web portal. information about the BCH bonus program for giving away BCH to those who promote the adoption of this cryptocurrency by local businesses in Latin America.
The well-known blockchain platform for creating, providing and transmitting content based on decentralized technology, TRON Foundation, has crossed the milestone of 1 million daily transactions and broken the Ethereum record.
Blockchain and the Stellar Development Foundation (stellar.org), announced the largest cryptocurrency giveaway worth $125 million of Stellar coins (XLM). The unprecedentedly generous airdrop adds full XLM support to Blockchain Wallet comes as part of the company's Blockchain Airdrops program, announced last month.
Over the past week, the community has been actively discussing the loss of market capitalization by the Tron token and its shift to 12th position in the top cryptocurrencies. The token's founder, Justin Sun, stated that it will take at least six months to return the token to the top ten. The token is currently ranked eleventh according to Coinmarketcap and is trading at $0.02255 at the time of writing.
The possibility of a Bitcoin Cash hard fork is becoming more and more likely; the developers have planned to implement a “pre-consensus” protocol on November 15th.
In the latest report released, financial rating agency Weiss Ratings highlighted four tokens that deserve a rating of “D” (weak) or lower. This is a selection of 48 cryptocurrencies that earned a low rating, out of a total of 111 cryptoassets evaluated.
In a recent interview, Changpeng Zhao shared his vision for the future of Binance Coin (BNB). In his opinion, the token issued by the world's largest exchange has every chance to compete with fiat currencies and become a payment token for daily use.
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