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Tag Archives: Bitcoin Cash

Novogratz Still Confident in Crypto, Anticipates Growth in Security Tokens

Billionaire and crypto believer Michael Novogratz is still confident in the cryptocurrency market despite its current bearish trend. On Tuesday, Bloomberg published an interview with the founder of crypto merchant bank Galaxy Digital Holdings, where he explains his current position on the crypto space. Novogratz, a former hedge fund manager, …

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Bitcoin Cash (BCH)-Bitcoin SV (BSV) Hash Wars Cost $18M

Mining two competing chains after the Bitcoin Cash (BCH) hard fork of November 15 turned out to be an expensive exercise, costing each side around $3 million in electricity bills. Total losses for the miners amount to $18 million, according to Bitmex Research, whose calculations also account for missed rewards. …

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Bitcoin Flat; Facebook Expands Blockchain Team

Investing.com – Cryptocurrencies were lower on Monday, with Bitcoin flat as the currency struggles to bounce back from its recent slump. Bitcoin inched up 0.15% to $3,514.14 on the Investing.com Index, as of 9:13 AM ET (14:13 GMT). Digital coins have fallen dramatically in recent weeks, with Bitcoin trading at …

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Cryptocurrency Prices Rise as Gemini Supports Bitcoin Cash

Investing.com – The prices of major cryptocurrencies rose on Monday morning in Asia, as a Winklevoss-backed crypto exchange in New York is set to start trading Bitcoin Cash, and Venezuela announced It would trade oil via Its cryptocurrency. Bitcoin gained 2.66% to $3,559 and Ethereum edged up 0.52% to $92.18 …

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Crypto Exchange Gemini to List Bitcoin Cash With NYDFS Approval

The Winklevoss-owned Gemini crypto exchange is adding support for bitcoin cash (BCH), the firm announced Friday. Specifically, the New York-based startup is only supporting the fork of bitcoin cash based on the Bitcoin ABC roadmap, and not the alternative version, “Satoshi’s Vision” (SV). The difference arises after a controversial hard …

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Bitcoin SV (BSV) Swaps Positions with Bitcoin Cash (BCH)

Bitcoin SV (BSV) marked a milestone – by trading higher than Bitcoin Cash (BCH), the officially accepted version. After the latest market sell-off, BCH prices suffered a steep decline, crashing to as low as $97. At the same time, BSV continued its anomalous gains, growing by 22% overnight to $106.19. …

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Crypto Prices Plunge 10%; Down More Than 90% From Record Highs

Investing.com – Cryptocurrency prices plunged more than 10% on Friday. Nearly all major cryptocurrencies are now down at least 90% from their all-time high, the latest data from OnChainFX showed. Bitcoin lost 13.00% to $3,419.6 by 1:31 AM ET (06:31 GMT) on the Investing.com index. Ethereum plunged 19.1% to $86.68, and XRP dropped 12.2% to $0.30396 on …

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Bitmain Leak Shows Disastrous Q3 Results

Bitmain’s third-quarter financials have been leaked, with Twitter user BTCKING555 alleging that the company lost $740 million in the reporting period. The official statement from the Chinese mining equipment producer is expected soon, ahead of its planned initial public offering (IPO). https://twitter.com/btcking555/status/1070068239542206465 A drop in demand for mining rigs, which …

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Crypto Volatility Continues as Bitcoin Remains in $4,000 Range

Investing.com – Cryptocurrencies were lower on Tuesday, with Bitcoin struggling to get out of the $4,000 range. Bitcoin fell 0.85% to $4,009.40 on the Investing.com Index, as of 9:06 AM ET (14:06 GMT). Digital coins have fallen dramatically in recent weeks, with Bitcoin trading at 80% less than its value …

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