Bitcoin News 14 August 2017 – Bitcoin Bull Run Stampedes over $4200

Bitcoin News Today and the Bitcoin price is extremely bullish! Hitting highs of more than $4200 on some Far East Exchanges – This bull run has been fueled by high demand by the Japanese YEN Market (46%) followed by the USD (23%) and the South Korean Won (13%).   When Japan made Bitcoin legal tender in their country on 1 April 2017, it energized the market and adoption by Consumers, Merchants, Investors as well as Institutional Investors is gaining more momentum. Japan has started a domino effect around the world…

Read More

Bitcoin News 7 August 2017 – Bitcoin Price Soars beyond $3400

Bitcoin News today sees the Bitcoin price rise above $3400 in the wake of SegWit activation on 1 August 2017, and the subsequent birth of Bitcoin Cash. High traded volume supporting the soaring price as investors rush to own Bitcoin.     Some investors are paying an almost 75% premium just for exposure to Bitcoin and this relates to Grayscale Bitcoin Trust, the only exchange traded Bitcoin product on the market today.   The SEC is changing guard as the existing top official in charge of approving new financial products…

Read More

BREAKING NEWS – Bitcoin Price Shoots Past $3000 to New All Time High

BREAKING NEWS – the Bitcoin price has just shot past $3000 to a new all time high. This has come at the end of a historic week in the life of Bitcoin.     1 August saw the activation of SegWit (BIP148) which seemed to pass as a non-event. Later in the day, a miner activated hard fork activated and created a new cryptocurrency called Bitcoin Cash. Everyone who had Bitcoin in their personal wallet or in a participating exchange would have received the same quantity in Bitcoin Cash.  …

Read More

Bitcoin News 4 August 2017 – The Birth of Bitcoin Cash and the Resilience of Bitcoin

Bitcoin news today – an eventful week saw the birth of Bitcoin Cash and the resilience of Bitcoin. Very quickly Bitcoin Cash shot to third place in terms of market cap but has since dropped into fourth place under Ripple, the protocol which has been adopted by many banks and payment networks globally.   source: ¬†coinmarketcap.com   Bitcoin price stability is a testament to the fact that Bitcoin has strong fundamentals. In a new development, the Chicago Board Options Exchange (CBOE) has partnered with Gemini, the Bitcoin exchange backed by…

Read More

Bitcoin News 3 August 2017 – Bitcoin Derivatives set to Ignite Prices

It’s the Bitcoin News, and what could be the news of the year leading as the top story today. Bitcoin derivatives are set to ignite prices as it is reported that the Chicago Board Options Exchange (CBOE) has partnered with Gemini, the Bitcoin exchange backed by Cameron and Tyler Winklevoss. This is part of a bid to launch cryptocurrency derivatives trading. The reason this is such important news is that all big financial institutions have an account on the CBOE and this could fire up cryptocurrency prices like we’ve never…

Read More

Bitcoin News 2 August 2017 – Bitcoin Price Holds ground, Bitcoin Cash surges over 200% and Rising

Bitcoin News Today and the dominating story is the creation of Bitcoin Cash after a hard fork of the Bitcoin Blockchain on 1 August 2017. Bitcoin Cash Next process – splitting of Bitcoin and Bitcoin Cash to trade either way. Note: The Bitcoin Cash price has surged over 200% since recording the news.   This article from Bitcoin.com announces “Bitcoin Cash miners initiated the beginning of the fork on August 1 at 12:37 p.m. UTC at block height 478558. Now, six hours later Viabtc mined the first Bitcoin Cash block…

Read More

Bitcoin News 1 August 2017 – Bitcoin Hard Forks, Bitcoin Cash Created

Today is a momentous day for Bitcoin – the day that the UASF, User Activated Soft Fork, activated. The Bitcoin price almost touched $3000 but dropped down around $2700 a little later. The Bitcoin hard fork, MAHF, Miner Activated Hard Fork, occurred at 12:20 UTC – miners that are mining Bitcoin Cash created a transaction block greater than 1 MB in size and forked the Bitcoin network – the creation of Bitcoin Cash.   Bitcoin.com reported “This past March Bitcoin.com launched its mining pool which has garnered quite a bit…

Read More

What is Bitcoin Cash – BCC?

Bitcoin History in the making on 1 August 2017 – The Bitcoin Blockchain is about to fork creating two cryptocurrencies – Bitcoin with SegWit and Bitcoin Cash, without SegWit.   Basically, anyone with Bitcoin in their personal wallet will receive the same amount of Bitcoin Cash which they will have to split once they decide to trade. Some of the benefits of Bitcoin Cash are faster and cheaper transaction times as well as Replay and Wipeout Protection and a new SigHash Type, part of the replay protection technology, basically a…

Read More

Cash… more risk than Bitcoin

Are you keeping piles of CASH aka Fiat Currency aka Dollars, Pounds, Euros or Rands because of the uncertainty and volatility we see in the financial markets as well as political turmoil? Is FEAR driving this behaviour? Is this a good idea or will you witness your cash value dwindling in front of your eyes? Well… “According to the latest Bank of America Merrill Lynch fund manager survey, Cash levels have jumped back to 5.8 percent in October, levels not seen since just after the Brexit vote in June, and,…

Read More