Category: bitcoin cash
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Video: Will Bitcoin Crash or Double in Price After the Halving? Miners Have Their Say
[youtube https://www.youtube.com/watch?v=TjuzBZnhXJU&w=560&h=349] Will the price of bitcoin double or crash during the upcoming halving next year? And how will the mining industry adapt to their revenue stream being cut in half over night? See what professional miners from around the world have to say on the matter. Also Read: US, EU and UK Companies Can…
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US, EU and UK Companies Can Now Pay Workers in Bitcoin Cash via Bitwage
Getting at least partially paid with cryptocurrency is a great way to enter the digital asset market without having to do any trading. If you are looking to earn your favorite crypto asset, Bitwage now allows American, European and British companies to pay workers in bitcoin cash following demand for more payment options. Also Read:…
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Mining Giant Bitmain Confidentially Files for U.S.-Based IPO
According to reports, bitcoin mining manufacturer Bitmain Technologies confidentially filed for a U.S.-based initial public offering (IPO) with the Securities and Exchange Commission. The news follows the alleged removal of cofounder and executive director Micree Zhan and the recent announcement of a facility in Texas with the capacity to house 300MW of hashpower. Also read:…
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Cryptophyl Exchange Reveals Fiat On-Ramp to SLP Token Ecosystem
The London-based exchange Cryptophyl is a trading platform focused on the Simple Ledger Protocol (SLP) and bitcoin cash (BCH) ecosystem. On October 29, the exchange announced the launch of the first fiat on-ramp to obtain well-known SLP tokens. Also read: Avalon Mining Rig Maker Canaan Files for $400M IPO on Nasdaq Purchasing SLP Tokens With…
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Why the average Bitcoin Cash (BCH) transaction size increased after the Bitmain “civil war”
The average Bitcoin Cash (BCH) transaction size has increased from $7,420 to $24,050 in the aftermath of the controversy surrounding Bitmain. Bitmain has long been a backer of Bitcoin Cash since the emergence of Bitcoin ABC in 2017. As of August 2018, Bitmain is said to have held over one million in BCH, as said…
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More Filthy Fiat: Two Dozen Central Banks Ramp up the Printing Presses
The global economy seems to be heading toward a financial crisis fueled by central planners that could devastate markets worldwide. This year onlookers are witnessing the largest synchronization of central banks printing massive amounts of fiat or participating in other forms of stimulus. The central banks’ easing policy hasn’t been this colossal in nearly two…
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Mining giant Bitmain drives out co-founder Micree Zhan, BCH surges
Bitmain, one of the largest mining hardware manufacturers in the world, has ousted co-founder and largest shareholder Micree Zhan Ketuan in what seems to have been a bloody power struggle within the company. Bitmain CEO Jihan Wu announced Zhan’s in an internal memo, where he warned employees against taking instructions from Zhan. Bitmain’s biggest shareholders ousted…
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Speculation Abounds Over the Cause of Bitcoin’s Recent Rally
Crypto’s most recent bull run began last Friday, October 25, after a significant plunge in prices just days earlier that had some prognosticators worried about a return to late 2018 and early 2019’s bleak crypto winter. Since the recent spike, prices have held relatively steady, suggesting this rally is not just a flash in the…
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Stealth Miners on the BCH Network Attract Scrutiny
In roughly 17 days, the Bitcoin Cash network will upgrade by adding two new features to the protocol. Meanwhile, prior to the forthcoming changes, a large percentage of the BCH hashrate is being processed by unknown miners. Crypto proponents have been very focused on the hashrate and BCH pool distribution as speculators believe a few…
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Cred to Demo Global Merchant Solution at Blockchain Week Kick-Off
On Wednesday, October 30, Cred and the Universal Protocol Alliance will be hosting a live demonstration of a point-of-sale (PoS) device that enables purchases with cryptocurrency. Cred’s PoS financial operating system allows customers to utilize any crypto wallet for purchases at the PoS and will debut with bitcoin cash acceptance. Future versions of the Cred…