Bitcoin News 26 July 2017 – Bitcoin Price Slumps as Bitcoiner Fear Rises ahead of BIP91

Bitcoin News today – As we approach 1 August and the implementation of BIP91 scaling solution, it appears that Bitcoiners are fearful of what might just happen in terms of a UASF (User Activated Soft Fork) and the possibility of creating Bitcoin Cash. Prepare yourself by making sure you have control of your private keys – use an offline hardware wallet at all times to protect your digital assets.   While this development is hot news that gets everyone excited, hopefully, the big news of the week does not go…

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Bitcoin News 21 July 2017 – Bitcoin Price on Full Throttle on the Back of BIP91 Acceptance

BREAKING NEWS today – Top Story – Over 93% of Bitcoin Miners have signaled acceptance of BIP91 and has been locked in to activate on 1 August 2017 – BIP91 is to scale Bitcoin and reduce transaction time – more information can be found here  The Bitcoin price has surged 20% with this positive news as well as the early signaling that took place the past few days. The price is robust and fundamentals strong – is $3000 or higher in sight sooner rather than later? Add your comments below.…

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BREAKING NEWS: Bitcoin BIP91 Locked In for SegWit Activation 1 August 2017

We have a resolution… Finally!  The scaling of Bitcoin, BIP91, has been locked in for 1 August 2017 as more than 93% of miners signaling support for SegWit2X.   source: CoinDance   The Bitcoin price has reacted to this news by increasing in value by over $500 in 24 hours.     A debate that has raged on since 2015, proving that Bitcoin is a democracy and an incredible store of value which cannot be taken lightly – no change can be forced on the community without agreement no matter…

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Bitcoin News 19 July 2017 – Bitcoin Hard Fork Not Likely, Bitcoin Price Reacts

Bitcoin News Today sees the Bitcoin price recovering since the shock drop on 16 July. The Ethereum price jumped by $60 over 24 hours as more support for the Enterprise Ethereum Alliance takes hold.  Is the bull starting to move again?   The Bitcoin price is reacting positively to the fact that the scaling of Bitcoin, BIP 91, is close to the necessary threshold of 80% of mining power. BIP91 is part of SegWit2X and miners have been signaling early which has made markets less volatile over the past couple…

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Bitcoin News 17 July 2017 – Bitcoin, Ethereum Volatility after Price Drop Shock

Bitcoin news today – Top story must be the sudden drop of the cryptocurrency market in the past week that has sent shockwaves through the market. The Bitcoin exchange GDAX, plans to suspend Bitcoin Withdrawals If UASF Activates – this is a warning not to keep your Bitcoins in an online wallet.       The upcoming scaling of Bitcoin, implementation of SEGWIT2X, is still creating much concern and as a result, causing the markets to react negatively. Interesting to note that this downward trend also affected most of the…

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Bitcoin News 6 July 2017 – Bitcoin Network Congestion Easing Ahead of SegWit2X

Bitcoin News Today – The major stories as follows:- Unconfirmed Transactions Queue and Bitcoin Fees Drop Considerably – averaging roughly 7,000 to 15,000 unconfirmed transactions per day. Just a few weeks ago 200,000+ transactions held up in the mempool – some of these transactions taking days to confirm.  The transaction delays and higher fees highlighted the need for Bitcoin to scale urgently. A date of 1 August 2017 has been set for the implementation of SegWit2X.       Litecoin Crosses $1B in Trading Volume – Litecoin volume and price…

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Bitcoin News 3 July 2017 – Bitcoin Scaling Set in Motion (SegWit2X)

Bitcoin Today – The Bitcoin price, as well as Ethereum price, is moving sideways with some fluctuation when there are more buyers than sellers of the cryptocurrency or vice versa.         Other news headlines:   Segwit2x Beta Released and New UAHF Code Proposal `ABC´ Removes 1MB-Limit – The code to scale Bitcoin has been set in motion, this is to improve transaction time. Are cryptocurrencies going to go mainstream? Japan is a good example. Bitcoin Believers gobble up Satoshi’s white paper   IOTA Partners Healthcare Providers for…

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