Cryptocurrency Exchange Kraken Adds Bitcoin Cash and Ripple Margin Trading

Kraken has added Bitcoin Cash (BCH) and Ripple (XRP) to Bitcoin (BTC), Ethereum (ETH), Ethereum Classic (ETC), Augur (REP), Monero (XMR), and Tether (USDT) bringing its margin trading offering to a total of eight cryptocurrencies. Margin trading of all eight will be available on all of Kraken’s platforms. The latter site boasts an improved user The post Cryptocurrency Exchange Kraken Adds Bitcoin Cash and Ripple Margin Trading appeared first on CCN

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Market Recovers by $5 Billion but Why Are Ethereum and Bitcoin Cash Plunging?

Over the last 24 hours, the crypto market has added $5 billion to its valuation, demonstrating a slight recovery from $106 billion to $111 billion. Despite the recovery of the market, Ethereum (ETH) and Bitcoin Cash (BCH) continue to fall in value, both recording a three percent drop against the U.S. dollar. On December 9, The post Market Recovers by $5 Billion but Why Are Ethereum and Bitcoin Cash Plunging? appeared first on CCN

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Nearly Every Major Cryptocurrency is Down at Least 90% from All-Time High

Earlier this year, in February, Tom Lee — co-founder of Fundstrat Global Advisors, the first Wall Street strategy firm to embrace bitcoin — opined that the crypto market had turned a corner and would see new highs in July. Nine months and several year-end price target reductions later, cryptocurrency assets remain firmly in the red. … Continued The post Nearly Every Major Cryptocurrency is Down at Least 90% from All-Time High appeared first on CCN

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Bitcoin Price Plunges to New Yearly Low at $3,456: What’s Causing it?

On Coinbase and other major fiat-to-cryptocurrency exchanges, the Bitcoin price (BTC) has dropped to a new yearly low at $3,456. Over the past 24 hours, despite its relatively low daily volume at around $5.2 billion, BTC demonstrated a drop of over 12 percent, showing weakness in short-term momentum. The volume of BTC has since risen The post Bitcoin Price Plunges to New Yearly Low at $3,456: What’s Causing it? appeared first on CCN

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Greg Maxwell: Bitcoin SV ‘Maybe’ the ‘Real Fake Bitcoin’ – ‘But Who Cares?’

Greg Maxwell made headlines recently when an e-mail he’d sent to “Fake Satoshi” Craig S. Wright was revealed to the public. Parts of the e-mail were published on CoinGeek. Maxwell is quoted as saying: I believe it would be adverse for interests that concern me if your influence or prominence in BCH were in any The post Greg Maxwell: Bitcoin SV ‘Maybe’ the ‘Real Fake Bitcoin’ – ‘But Who Cares?’ appeared first on CCN

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BitPay Sides with Bitcoin ABC in Bitcoin Cash Hard Fork

BitPay has joined the litany of industry heavyweights including Coinbase and Binance in backing the Bitcoin Cash ABC side of the upcoming Bitcoin Cash hard fork. Without delving too much into the debate surrounding the upcoming chain split, Bitpay said in a blog post: BitPay’s system uses the primary software implementation of Bitcoin Cash called The post BitPay Sides with Bitcoin ABC in Bitcoin Cash Hard Fork appeared first on CCN

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War: Bitcoin Cash Startup Launches Mining Pool to Attack Altcoins & BCH Forks

A prominent bitcoin cash startup has launched a mining pool designed to attack altcoins and BCH forks that it does not believe fulfill Satoshi Nakamoto’s original vision for the cryptocurrency. SharkPool: Supporting Bitcoin Cash by Attacking other Networks Dubbed “SharkPool,” the service aims to conduct a two-pronged attack on other cryptocurrency networks, exclusively mining empty The post War: Bitcoin Cash Startup Launches Mining Pool to Attack Altcoins & BCH Forks appeared first on CCN

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Bitcoin Market Share Falls to Monthly Low as Ripple and Bitcoin Cash Rally

Bitcoin market dominance has fallen to a monthly low of just over 51% of the overall market capitalization while Ripple and Bitcoin Cash have both rallied multiple percentage points over the past week. Bitcoin’s overall value in the cryptocurrency market is an important barometer in the progress of the space as a whole. If Bitcoin The post Bitcoin Market Share Falls to Monthly Low as Ripple and Bitcoin Cash Rally appeared first on CCN

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