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July 4, 2026
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Altcoins are Going SegWit for Price Boost of a Lifetime

Little-known altcoin DigiByte is following Litecoin and Syscoin in making investors rich with impending SegWit activation.

DigiByte Celebrates Countdown To Ultimate Pump

Metrics highlighted by developers Saturday show the proportion of DigiByte miner support at 72.48% – inching past the 70% activation threshold.

“6 more days to go till activation at this rate! Happy Easter everyone!” a Twitter post added.

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Despite having barely made a name for itself prior to the announcement, DigiByte is currently 63rd in CoinMarketCap’s cryptocurrency listings, its price increasing 15% in the 24 hours to press time Sunday and having more than doubled since the beginning of April.

Digibyte

SegWit Spinning Gold Across The Board

The events continue an increasingly familiar pattern of behavior among altcoins. Both Litecoin and Syscoin have already benefitted from elevated interest, trading and publicity from SegWit activation ‘likelihood,’ with traders rejoicing after extended periods of flat prices.

Litecoin is currently trading at $10.76 per token, maintaining highs not seen since 2014 and dwarfing the many months it spent dormant at just under $4.

SysCoin’s story is almost identical. Having staged a modest increase in April 2016 following a 50% supply cut, prices remained at around $0.01 per token until SegWit activation announcements saw them treble to $0.03.

Reactions to the altcoin phenomenon have been mixed. While SegWit potentially provides a convenient method for get-rich-quick schemes, reflecting on bitcoin’s battle with the technology’s activation, BitFury CEO George Kikvazde was rueful.

“One can only imagine at what price level bitcoin would be now, if a sound, well-tested tech like segwit had been activated,” he mused last week as Litecoin’s success edged closer.

bitcoin & SegWit Still Unholy Matrimony

In further bitcoin news, major Chinese mining pool F2pool said on Friday in accordance with its poll results it would be implementing SegWit on both Litecoin and bitcoin “soon.”

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The decision comes despite lead figure Wang Chun’s frequent criticism of bitcoin Core and preference for a user-activated soft fork (UASF).

Following the SegWit statement, Chun likened Core to Chairman Mao, with users similar to the Red Guard.

What do you think about altcoins and SegWit activation? Let us know in the comments below!

Images courtesy of Twitter, Segwit.co, Shutterstock 

The post Altcoins are Going SegWit for Price Boost of a Lifetime appeared first on Bitcoinist.com.

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VIBERATE.COM LAUNCHES PROFILE PLATFORM FOR MUSICIANS, EVENTS, AND VENUES

Viberate continues to tread on its path towards its end game – that is to offer any musician on the planet the opportunity to create a profile for free and start offering gigs to event organizers in exchange for crypto coins such as bitcoin, Ether, or their very own native currency, Vibe.

Viberate’s co-founder UMEK talks about the beginnings of the platform and the vision they’re after:

We started as a simple DJ ranking service, because we wanted to know where I rank in terms of online popularity, compared to other DJs. The site took off and after a year we had 30 thousand user-generated profiles in the database. We raised some money, employed a really smart team of developers and project managers and we took it to another level. Now we won’t stop until we create a standard, so soon you won’t get anywhere as an artist without having a profile on Viberate. It will become the musical ID for musicians, venues, agents and everyone else working in the live music industry.

Following their goal to list and map the entire global music industry, Viberate just added fifty thousand music venue profiles and more than two hundred thousand event profiles to its crowdsourced database. Venues and events joined over 120 thousand musician profiles already online, and this is still only the beginning. Soon the service will introduce profiles for booking agencies and event organizers, getting everyone under one roof. The database is open for public, so anyone can add new profiles and artists can claim existing ones.

Vetting a project before the crowdsale is always hard, especially when you don’t get to meet the founders in person. That’s why Viberate’s founders prepared a short video, in which they explain the motives behind the project and the potential of the finished platform. The video also features bitcoin living legend Charlie Shrem along with a couple of other company advisors and early backers.

More information about the crowdsale: www.viberate.io

Are you a musician? What do you think of the Viberate platform? Let us know in the comments below.

Images courtesy of Viberate

The post VIBERATE.COM LAUNCHES PROFILE PLATFORM FOR MUSICIANS, EVENTS, AND VENUES appeared first on Bitcoinist.com.

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