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Observers Mock Fork Called Bitcoin2 That Pumps and Dumps on Two Exchanges
8.6.2019
Over the last 48 hours, cryptocurrency enthusiasts have been discussing a Bitcoin snapshot fork called Bitcoin2. The little known coin gained over 5,200% since May 28 on only two exchanges and managed to get listed on Coinmarketcap.com as well. Bitcoin2 is believed to be merely a pump and dump...
How to Use Bitcoin to Invest in Gold
8.6.2019
Gold and bitcoin enjoy a curious relationship. On the one hand, there is a significant crossover between investors in both, particularly from libertarians who don’t trust the U.S. dollar. But on the other hand, initiatives such as #DropGold have sought to position bitcoin as a more portable...
Find a Job Paid With BCH Using Workingforbitcoins.com
8.6.2019
In this day and age, more and more people rely on income from remote jobs, and businesses often hire professionals who are located elsewhere. Cross-border payments within the traditional financial system are slow and sometimes problematic. Employers and jobseekers can now use websites such...
Electron Cash Users Can Now Send Bitcoin Cash to Mobile Phones
7.6.2019
The developers behind the Bitcoin-Cash-based Electron Cash light client have added a slew of new features to the latest 4.0.6 version. Now Electron Cash users can send bitcoin cash to mobile phones via the Cointext service. In addition to this new functionality, the Cashshuffle implementation...
74% of the World’s Bitcoin Mining Operations Driven by Renewable Energy Says Report
7.6.2019
There’s a lot of debate over whether bitcoin mining is bad for the environment. Many bureaucrats and mainstream media pundits claim that mining is wasteful and bitcoin’s energy consumption cannot be ignored. However, these claims have been refuted in the past and on June 6, Coinshares...
Top Up Your Airtime Minutes With BCH Using Yovopay
7.6.2019
Mobile communications are becoming more accessible every day. While subscription plans are the way to go in most cases, a prepaid service can be a better choice for customers in certain situations. A platform called Yovopay lets you refill your airtime using cryptocurrencies including bitcoin cash....
Bitcoin and Altcoins Staging a Comeback
7.6.2019
Recently, there was a decent recovery in bitcoin price above USD 7,700 and USD 7,800 levels. BTC/USD is currently showing a few positive signs above USD 7,850 and it could continue to rise in the near term. A successful close above USD 8,000 is likely to ignite more gains towards USD 8,100 and...
Report Insists ‘Bitcoin Was Not Purpose-Built to First Be a Store of Value’
7.6.2019
There’s been furious debate over the last few years on whether or not Satoshi created Bitcoin to be a peer-to-peer cash system or a purpose-built store of value. Lately, a few BTC proponents claim that Satoshi deliberately built Bitcoin to be a store of value (SoV). Despite the SoV narrative...
Blockstream Developers Alleged to Earn $850K Per Year
7.6.2019
There are perks to working for Blockstream, aside from having to answer to Samson Mow. Developers for the Bitcoin Core software company are alleged to earn up to $850K per year thanks to a “stock option” that sees them paid 20% of their salary in BTC. That BTC is pegged at the price...
In a World Where Central Planners Push Debt, Cryptocurrencies Look Better Every Day
6.6.2019
Economists have been predicting a worldwide recession which could pose a risk to financial stability throughout various countries. Fear of an economic downturn has caused the central bank of Australia to cut interests rates on Tuesday and both the U.S. Federal Reserve and the Reserve Bank of India...
Bitcoin Miners 'Highly' Profitable Again, China Still Dominates
6.6.2019
At current prices, the average miner is highly profitable again, with even older gear and high-cost producers currently able to make profit, crypto investment firm CoinShares concluded in its newest report on Bitcoin mining. It also claims that China still dominates both the mining hardware...
Why Bitpay Is Really Charging More for BTC Transactions
6.6.2019
Bitpay has recently been attacked on social media for charging an extra fee for BTC transactions that it doesn’t ask of BCH users. The reality is that the company simply has to cover its operational costs related to the BTC network, whose fees are currently very high again. Also Read: How...
Greenpages.cash Will Help You Find Merchants Accepting Bitcoin Cash
6.6.2019
Cryptocurrency needs places where you can spend it. Bitcoin cash, with its low-cost and fast transactions, is a good option for merchants and buyers. A platform called Greenpages.cash helps you find stores that will readily accept your BCH. Also read: New Browser Extension Enhances BCH Addresses...
European Football Giant SL Benfica Said Yes to Crypto (Almost)
6.6.2019
More good news came out of the merger of sport and crypto. One of the biggest names in European football, SL Benfica, started accepting crypto as payment “to buy match tickets and the entire range of Benfica products” in a “cheaper, safer and faster [way] than any other online payment method”,...
Bitcoin and Altcoins Correcting Losses but Facing Uphill Task
6.6.2019
After a steady decline, bitcoin price found support near the USD 7,500 level. BTC/USD started an upside correction and recovered above the USD 7,650 and USD 7,700. The price is currently (08:00 UTC) consolidating and facing a lot of hurdles on the upside near USD 7,900 and USD 8,000. Similarly...
India’s Central Bank Denies Knowledge of Bill to Ban Cryptocurrencies
6.6.2019
India’s crypto regulation is reportedly ready and there has been much speculation about what it contains. An Indian lawyer has gotten some answers from the Reserve Bank of India about a bill allegedly seeking to ban cryptocurrencies. Surprisingly, the central bank claims that it does not have...
Hotels and Realtors in Venezuela’s Historic Cumaná City Accept Bitcoin Cash
6.6.2019
For years Venezuelans have been surviving the harsh economic climate of their country, beset by hyperinflation and political instability. Small businesses have been hit the hardest. But even in these difficult conditions, the ingenuity and hard work of Venezuelan entrepreneurs has allowed them...
Former Mt Gox CEO Mark Karpeles Announces New Blockchain Startup
5.6.2019
Former Mt. Gox CEO Mark Karpeles is dipping his feet back into the crypto industry as he wants to help Japan become a powerhouse within the blockchain economy. The former CEO of the now-defunct exchange told the media on June 5 about his new venture called Tristan Technologies. Also read: Mt...
There’s 100 Unclaimed Bitcoin Cash Wallets Hidden Worldwide
5.6.2019
Over the last few months, the geocaching treasure hunt Findbitcoin.cash has gathered a bunch of new hidden BCH treasures. At the time of publication, there are approximately 105 concealed bitcoin cash wallets hidden all over the world with a large portion of these funds hidden in the U.S....
Analysts Advise Against Buying Bitcoin at Current Dip
5.6.2019
Source: iStock/Valeriy_G
You might want to think twice before you decide to buy bitcoin now before it jumps back up again, according to multiple analysts and traders. There are quite a few theories and suggestions going around in the cryptoworld in regards to what your next bitcoin move might...