After all, it seems as if the Chinese cryptocurrency industry and its central bank, the People’s Bank of China (PBoC), has minimal impact on bitcoin, Ethereum and the global cryptocurrency market. On September 4, PBoC along with three Chinese government financial agencies declared initial coin offerings (ICOs) as an illegal...
itcoin has recently hit another rally after moving sideways at about $4,300 for a week or so, but the recent spike has been hard to explain - so perhaps it was wrestler John Cena? The WWE super star posted a cryptic picture of a bunch of physical novelty Bitcoin coin...
Bitcoin edged higher on Thursday, as investors set their sights on a new milestone amid conflicting signals in the broader cryptocurrency market. // -- Discuss and ask questions in our community on Workplace. Don't have an account? Send Jonas Borchgrevink an email -- // Bitcoin Hovers Near Record Territory The value of bitcoin...
The Ripple price increased more than 10% on August 29 following news that the FinTech startup had hosted prominent officials from the Chinese central bank. Ripple Hosts PBoC Officials One tweet: that’s all it took to ignite the Ripple price and add $1 billion to the XRP market cap. On August...
An in-progress blockchain project could one day help users trade bitcoin for zcash without a trusted third party. Created by zcash developers Jay Graber and Ariel Gabizon, ZBXCAT is a new command-line tool that developers can use to exchange the two cryptocurrencies. With today's bitcoin exchanges having a history of being vulnerable to hacks (leading to...
"Why do transaction fees appear unaffected?" asked one Reddit user. Another posted an image of a man poking the word "SegWit" with a stick, saying, "C'mon, do something..." Such comments, while sparse, have been indicative of the reaction some more casual bitcoin users have so far had to the activation of Segregated Witness (SegWit), a code...
The US Securities and Exchange Commission is warning investors about the risk of public stock scams that use cryptocurrencies as a promotional tactic. Published earlier today, the SEC investor alert primarily focuses on cryptocurrency-themed promotions from publicly traded companies, rather than startups or project teams who aren't listed on an exchange...
Litecoin price surpassed the $50 mark for the first time in August due to two major factors: compatibility with bitcoin as a result of Segregated Witness (SegWit) activation and its hedge-like characteristics to Bitcoin Cash (BCH). On August 21, Cryptocoinsnews reported that prominent bitcoin analyst and investor Tuur Demeester described...
The relationship between bitcoin and bitcoin cash continued to evolve today, with the two blockchain networks competing for miner interest and computing power. At press time, the bitcoin cash blockchain has seen five downward difficulty adjustments after struggling to produce blocks yesterday. Blocks 481,878 through 481,882 each pushed down the difficulty (the mechanism that regulates...
While in terms of market capitalization Bitcoin Cash is still playing catch up with Bitcoin, in terms of trading volume Bitcoin-Cash has overtaken Bitcoin and currently, its trading volume is 20 percent over Bitcoin ($3.1 bln vs. $2.6 bln). South Korea drives BCH volumes South Korea is the one country which is driving increased...