Altcoin News by Thebittimes.Com

A valuable part of the fundamental analysis of the cryptocurrency market is to follow the project’s live development activity. Think of that as being able to sit in an R&D room of the companies you are looking to buy some stocks. This is possible because most projects are being built as open-source software, which means their development is public information that can be watched, and used with other data — such as the market capitalization — for unique insights. The largest platform for open-source development is GitHub. In this context, Finbold collected results shared by the developer Lukas Masuch in a GitHub repository, ranking 62 projects in the category ‘Smart Contract Platforms’, in order to find out which have the best score according to Masuch’s index. “All projects are ranked by a project-quality score, which is calculated based on various metrics automatically collected from GitHub and different package managers.” — Lukas Masuch’s ranking, method description Top 5...

Marcel Pechman explains whether real estate or Bitcoin is a better store of value and breaks down Instacart’s current valuation and why investors may want an alternate investment. On this week’s episode of Macro Markets , Cointelegraph analyst Marcel Pechman discusses the real estate markets, highlighting stagnant mortgage demand, attributed to rising rates. With an average 30-year fixed-rate mortgage interest rate of 7.27%, refinancing and home purchase applications have dropped significantly. Still, Pechman speculates that house prices might rise if inflation continues to grow. While some sellers may be distressed, real estate , especially urban residential, has historically been a reliable store of value. He concludes by highlighting that other investment options may not provide a safer haven in the current economic climate. In the second segment, Pechman discusses Instacart’s initial public offering, which established its valuation at roughly $10 billion, significantly lower tha...

Binance Holdings and its CEO, Changpeng Zhao, requested the dismissal of a lawsuit brought against them by the Securities and Exchange Commission (SEC), arguing the regulator had overstepped its authority. In a 60-page motion filed on Sept. 21, Zhao and his exchange called the SEC’s lawsuit a retroactive attempt to use its regulatory power against them after failing to put in place the necessary guidelines. The legal battle between Binance and the SEC is not over yet. Recently CEO Chanpgeng Zhao asked the court to dismiss the SEC suit. Binance Holdings, it's U.S. counterpart and CEO Changpeng Zhao have filed motions seeking the dismissal of a lawsuit against them by the Securities… pic.twitter.com/gBtxkqVn6Z — VK.BNB (@TheHongVan68) September 22, 2023 The filing said that as recently as 2021, SEC Chair Gary Gensler had publicly acknowledged that no “regulatory framework” existed under the authority of the SEC for crypto exchanges and that “only...

Celsius faces more challenges as the project’s hopefuls anticipate restructuring. CEL, the native token of Celsius, is feeling the impact of the unending challenges. Investors are concerned whether it is too late to sell CEL at the current price. CEL, the native coin of the embattled Celsius banking and financial platform, continues to drop amid unending challenges. According to reports, hackers flooded the Celsius community, sending phishing emails to participants in anticipation of a proposed reimbursement. CEL’s price has been on a downtrend since June 2021, following Celsius’ battle with insolvency during the 2021 crypto crash. The Celsius collapse led to a 95% loss of value between June 2021 and January 2023, even though CEL attempted a recovery between July and September 2022. As of January 2023, CEL’s price had dropped to $0.6 from an all-time high (ATH) of $8.02. CELUSD Weekly Chart on TradingView Despite the general market recovery of Q1 2023,...

The Near Foundation treasury grew to $350 million under Flament's tenure. Marieke Flament, CEO of Near Foundation, the developer of the namesake community layer-one protocol, has resigned. According to the September 21 announcement, Chris Donovan, Near Foundation's general counsel, will replace Flament as the new CEO following the resignation. Flament gave no specific reason for her departure. Speaking on her tenure, Flament said:  "Two years ago, I had never heard of NEAR. Upon doing a bit of research and after several conversations it became clear that NEAR had a tremendous potential – fantastic tech, a diverse and vibrant community and a world of open possibilities, and so I joined." From 2021 to 2023, Flament claims that the daily active user count of Near Protocol grew from 50,000 to 3 million. Its Twitter followers also grew from 200,000 to over 2 million, citing more than 2,000 pieces of press coverage. Partnerships signed by Near during this period include S...

The move comes ten months after Binance removed FTX’s token from its platform, except for the FTT/BUSD trading pair. Cryptocurrency exchange Binance will re-open FTX’s token FTT for trades on Sept. 22, 2023 (08:00 UTC). According to a press release on Sept. 21, the token will be available for trading in the FTT/USDT pair. Binance didn’t explain the reason behind the move but noted that it would also remove the FTT/BUSD trading pair. In addition to FTT, the exchange will list the following pairs: ARK/USDT, CREAM/USDT, GFT/USDT, IQ/USDT and USDT/VAI for spot trading . You might also like: SBF’s father was unhappy with $200k salary at FTX On Sept. 29, 2023, (03:00 UTC), Binance will also remove and cease trading on the ARK/BUSD, CREAM/BUSD, GFT/BUSD, IQ/BUSD, and BUSD/VAI trading pairs. FTT price on CoinMarketCap | Source: CoinMarketCap Amid the news, FTT price gained 8%, reaching the $1.1 mark, according to data from CoinMarketCap. However, the ...

A recently resurfaced video shows Hal Finney discussing the possibility of zero-knowledge proofs at an annual cryptology conference in California some 25 years ago. Early Bitcoin (BTC) pioneer Hal Finney shared his vision for zero-knowledge proofs more than 25 years ago, a full decade before the launch of the first cryptocurrency, Bitcoin.  The video, purportedly from the Crypto ‘98 conference held on Aug. 26, 1998, in Santa Barbara, shows Finney discussing in detail, the concept of zero-knowledge proof s — a cryptographic technology that gained immense popularity decades later. ️ NEW: Bitcoin legend Hal Finney discusses Zero-Knowledge Proofs in a newly unearthed presentation, made 25 years ago at Crypto '98 in Santa Barbara. Have you ever heard @halfin's voice before? pic.twitter.com/HdddworTsg — Trust Machines (@trustmachinesco) September 20, 2023 Finney explains how one could hypothetically perform a zero-knowledge proof on a SHA-1 hash, describing the possibility ...