Tag: BCH

The price of bitcoin broke away from its “stablecoin mark” in the mid-6,000s and dropped by over twelve percent as a result of the bitcoin cash (BCH) hash war that has spooked investors and highlighted how fragile and volatile the digital currency sector still is. On Thursday, the bitcoin cash (BCH) network split into two after disagreements among critical stakeholders…

READ MORE

Ahead of Bitcoin Cash’s (BCH) impending fork on November 15, 2018, miners maintaining the network may be taking two different paths for the protocol if data from Coin Dance is considered. Competition in Decentralization The two teams, Bitcoin ABC and Bitcoin SV, led by Bitcoin Cash proponent Roger Ver and CoinGeek CEO Calvin Ayre respectively, are engaged in a fierce…

READ MORE

The price of bitcoin remained firm this week, gaining about half a percent, versus last week’s close amidst low volatility despite news out of China that suggests that the People’ Republic’s central bank’s stance towards digital currencies will not turn positive again anytime soon. China’s central bank has reportedly reiterated its warning on the use of cryptocurrencies through a newly…

READ MORE

Popular cryptocurrency exchange Poloniex announced on November 7, 2018, the trading support for two competing cryptocurrency tokens, Bitcoin Cash ABC and Bitcoin Cash SV. The scheduled Bitcoin Cash hard-fork goes live on November 15, 2018. Poloniex Takes a Neutral Stand The upcoming Bitcoin Cash (BCH) fork is due on November 15, 2018, and there are two competing development teams proposing two…

READ MORE

On November 5, 2018, the mining rig manufacturer Bitmain Technologies has officially released two new 7nm (nanometer) “Antminer” crypto mining machines, which will go on sale on November 8. Bitcoin Mining Behemoth Releases Antminer Hardware Bitmain, the largest bitcoin mining firm in the world and one of the most valuable companies in the cryptocurrency industry, has announced that it will…

READ MORE

The research arm of Hong Kong-based cryptocurrency derivatives platform BitMEX, BitMEX Research, has launched a new network monitoring tool for both bitcoin (BTC) and Bitcoin Cash (BCH), the company announced in a blog post on November 5, 2018. Fork Monitoring Website Targets Bitcoin Cash Hardfork The company described ForkMonitor as a useful tool that developers could use to monitor network…

READ MORE

Roger Ver has revealed a plans to launch an in-house exchange with bitcoin cash as the base currency. This move is another tool in the marketing tactics applied by Ver and other bitcoin cash proponents to increase BCH adoption and to position it as “the real bitcoin.” Bitcoin Cash Adoption is Low The Roger Ver-backed altcoin Bitcoin Cash (BCH) has…

READ MORE

Bitcoin Cash’s most vocal advocate Roger Ver and Litecoin creator Charlie Lee sat down for a conversation touching on various topics relevant to digital currencies as well as the cryptocurrency community. The debate was held at the end of the recently concluded CoinsBank Blockchain Cruise. While defined as an interview about the Lightning Network, the interaction between the two can…

READ MORE

The trustee liquidating cryptocurrencies on behalf of the now-defunct exchange Mt. Gox has offloaded another 25.98 billion yen, or around $230 million, of Bitcoin and Bitcoin Cash, Bloomberg reported on September 25. The Tokyo Whale Mt. Gox’s bankruptcy trustee, Japanese lawyer Nobuaki Kobayashi, better known as the “Tokyo Whale” in cryptocurrency circles, offloaded 25.98 billion yen ($230 million) worth of…

READ MORE

It has not been a good year for cryptocurrency mining manufacturing giant Bitmain, as the company is suffering from inventory losses, a lack of new manufacturing and the dwindling crypto mining market, a Bloomberg report on 18 September 2018, revealed. Bitmain Forgot the Rule for Selling Shovels The world’s largest cryptocurrency mining rig maker is facing a tough year, as…

READ MORE