Tag Archives: bitcoin

Bitcoin Cash Hard Forks In Bid to Ease Mining Difficulties

Bitcoin Cash Hard Forks In Bid to Ease Mining Difficulties Bitcoin cash appears to be successfully navigating a planned hard fork. At press time, the majority of the network nodes (roughly 82 percent) have transitioned to new software (version 0.16.0 or later) that includes rules aimed at making the protocol's reward distribution more attractive to … Continue reading Bitcoin Cash Hard Forks In Bid to Ease Mining Difficulties

Bitcoin Plunges 29% From Record High

Bitcoin Plunges 29% From Record High Offshoot called bitcoin cash is luring users amid tech debate Bitcoin’s jump this year has attracted Wall Street’s interest Citigroup Inc. CEO Michael Corbat shares his thoughts on digital currencies. Bitcoin plunged as the cancellation of a technology upgrade prompted some users to switch out of the cryptocurrency, spooking … Continue reading Bitcoin Plunges 29% From Record High

Bitcoin price – Cryptocurrency plummets $1000 ahead of bitcoin gold split

Bitcoin price – Cryptocurrency plummets $1000 ahead of bitcoin gold split BITCOIN prices took a blow today, falling below £5,328.46 ($7,000) just days before a planned software update will release bitcoin gold. Bictoin prices fell by £761.21 ($1,000) in just over 48 hours after strong performance at the start of the week. The crypto token … Continue reading Bitcoin price – Cryptocurrency plummets $1000 ahead of bitcoin gold split

Relief and Disbelief – Bitcoin Reacts to Sudden ‘2x’ Suspension

Relief and Disbelief – Bitcoin Reacts to Sudden '2x' Suspension The tweets came fast and furious, almost quicker than the articulation. After months of anger and debate, a group of businesses and mining firms that use bitcoin’s software to provide services suddenly shuttered an attempt at changing its rules. Scheduled to be introduced in mid-November, … Continue reading Relief and Disbelief – Bitcoin Reacts to Sudden ‘2x’ Suspension

Bitcoin’s Bogeyman Cometh – Why Segwit2x Is a 51% Attack

Bitcoin's Bogeyman Cometh – Why Segwit2x Is a 51% Attack In bitcoin's Necronomicon of possible attacks and weaknesses, one reigns supreme – the 51% attack. If there is a fear that has played on people's minds as the end-of-days scenario for bitcoin, it is this. Attackers who hold more than 50% of hashing power could … Continue reading Bitcoin’s Bogeyman Cometh – Why Segwit2x Is a 51% Attack

Bitcoin Gold Hard Fork Draws Mixed Reactions

Bitcoin Gold Hard Fork Draws Mixed Reactions The Bitcoin Gold hard fork that caused a minor, temporary dip in bitcoin’s price a couple weeks ago has drawn both “boos” and “bravos” from the cryptocurrency community. Most observers voiced no problem with hard forks as a tool for competition and experimentation, but some see forks as … Continue reading Bitcoin Gold Hard Fork Draws Mixed Reactions

Bitcoin Price Achieves New All-Time High at $7,598 -Why is the Market So Optimistic

Bitcoin Price Achieves New All-Time High at $7,598 -Why is the Market So Optimistic Once again, the bitcoin price has achieved a new all-time high at $7,598 on November 5, as the market continues to be optimistic about the mid-term performance of bitcoin. Rapid Adoption in Major Regions In Japan and South Korea, two regions … Continue reading Bitcoin Price Achieves New All-Time High at $7,598 -Why is the Market So Optimistic

Bitcoin Prices Still Firmly Above $7000, Without China

Bitcoin Prices Still Firmly Above $7000, Without China Bitcoin is unstoppable these days, passing one “technical” test after another, crossing the $5000-mark, the $6000-mark, and the $7000-mark in a matter of weeks. The “people’s currency” has gained 27.33% in seven days, as market volume increased. What’s behind the digital currency’s breathtaking run? Certainly, it isn’t … Continue reading Bitcoin Prices Still Firmly Above $7000, Without China

Cryptocurrencies May Contribute to Financial Stability

Cryptocurrencies May Contribute to Financial Stability Bitcoin is trending in Turkey, and the country’s central bank officials are starting to notice. This week President Murat Cetinkaya of the Central Bank of Turkey (CBRT) said the financial institution is monitoring bitcoin closely, and spoke optimistically about digital currencies. Central Bank of Turkey President Says Cryptocurrencies Could … Continue reading Cryptocurrencies May Contribute to Financial Stability