Bitcoin Cash ETP Lists on Leading Swiss Stock Exchange

Cryptocurrency tracking instruments traded on established equity exchanges allow institutional and retail investors to gain exposure to digital assets. Now there is a new option to invest in bitcoin cash (BCH) with an exchange traded product in one of the most advanced markets in the world. Under the ticker ABCH, bitcoin cash is the sixth Amun crypto-asset tracker listed on the Swiss stock exchange Six. Also Read: Over 22,000 Traders Have Now Signed up to Local.Bitcoin.com Bitcoin Cash Exchange Traded Product Amun AG, a Swiss fintech company aiming to facilitate…

Read more

Bitcoin’s Survival Depends on an Uncensorable Internet

In an age of unprecedented censorship, surveillance and rampant deplatforming, Bitcoin stands out as a beacon of hope. Its decentralized ledger enables value to be transmitted to anyone, anywhere without fear or favor. Whether you’re a Mongolian goat herder or a Miami drugs baron, your money is good when it’s sent as bitcoin. But Bitcoin alone is not enough. For it to function fully, it requires an uncensorable internet, from base layer to application. Also read: Side Effects of Economic Growth: Is Snowden Right to Say Bitcoiners Shouldn’t Be Bankers?…

Read more

Bitcoin and Black Market Fiat: Hyperinflation Crushes Venezuela as Global Devaluation Ramps Up

Venezuela is being crushed by staggering hyperinflation as a sharply divisive political crisis has the economy in ruins. Some are seeking refuge in alternatives to the national currency, like foreign fiat and crypto. The situation also calls into question the long-term trajectories of other, less volatile economies. National banks globally have been consistently struggling to balance fiat value against interest rate policy now for decades. Also read: Iranians Defy Warning and Share Pictures of Bitcoin Mining in Mosque Soaring Inflation in Venezuela Hyperinflation in Venezuela has been projected by the…

Read more

City of Dublin Ohio Plans to Launch Bitcoin Cash-Based SLP Token

On July 1, Joshua Green, CEO of the Bitcoin Cash (BCH) implementation Bitcoin Verde, told the BCH community that the local government from Dublin, Ohio plans to mint a token using the Simple Ledger Protocol (SLP). The unnamed SLP token will be used for city events, redeemed for city-branded swag, discounts, and can be given to volunteers who help Dublin prosper. Also Read: Iranians Defy Warning and Share Pictures of Bitcoin Mining in Mosque Dublin Ohio Plans to Launch a Token Using the Simple Ledger Protocol on Top of Bitcoin…

Read more

Confronting Bitcoin Network Issues Using Nakamoto Consensus and a Mining Parliament

On June 28, Bitcoin Cash proponent Javier Gonzalez announced the launch of an interesting protocol called the Bitcoin Mining Parliament (BMP). The theory behind BMP is backed by the concept of Nakamoto Consensus where “miners are the executive power of Bitcoin” and “any needed rules and incentives can be enforced with this consensus mechanism.” Also Read: Iranians Defy Warning and Share Pictures of Bitcoin Mining in Mosque A Virtual and Transparent Bitcoin Mining Parliament Will Be Established The system Satoshi Nakamoto created over 10 years ago has invigorated many people’s…

Read more

Bitcoin Cash Register Surpasses 10,000 Installs and BCH is Coming to Brave in Weekly Video Update

Bitcoin Cash Register has surpassed 10,000 installs on the Google Play Store, live streaming platform Twitch reinstates cryptocurrency payments and BCH is coming to the Brave web browser. Watch these and other developments discussed in this week’s video update on Bitcoin.com’s Youtube channel. Also Read: Over 22,000 Traders Have Now Signed up to Local.Bitcoin.com Twitch Reenables Cryptocurrency Payments Twitch is a video streaming platform owned by Amazon with more than 15 million unique daily visitors who mainly use it for watching live gaming and esports. Earlier this year, the website…

Read more

Bitcoin ‘Inventor’ Craig Wright Claims He Can’t Access Coins in Court Testimony

On June 28, Craig Wright, the Australian native who claims to be Satoshi Nakamoto, spent the day in a Florida court battling with the Kleiman attorney. Wright became emotional when he told the court that he designed the network but didn’t like how it turned out. At one point he told the court he was “ashamed of his invention.” Also Read: These Are 2019’s Biggest Cryptocurrency Winners and Losers so Far The Alleged Blind Trust Setup Makes It Difficult for Wright to Access Certain Keys Craig Wright testified in court…

Read more

Bitcoin’s Big Price Drop Is the Latest in a Long History of Flash Crashes

On Wednesday, June 26, the price of BTC came close to reaching $14K. One hour later, it had dropped by close to 18%. Such events are known as a flash crash, a moment in time where a rapid-sell off happens and often times a few exchanges become inoperable. Over the last few years, especially when the market is extremely bullish, flash crashes have been prevalent. Also Read: Iranians Defy Warning and Share Pictures of Bitcoin Mining in Mosque The June 2019 BTC Flash Crash The price of bitcoin core (BTC)…

Read more

How to Keep Bitcoin Cash Transactions Private

There are many reasons to keep bitcoin cash transactions private and the top six ways to make them anonymous are outlined in a new video by Bitcoin.com. Meanwhile, the Financial Action Task Force has just released its global guidance for crypto assets, effectively calling on countries and crypto exchanges to strengthen their KYC measures. Also read: Indian Cryptocurrency Regulation Is Ready, Official Confirms Easy Ways to Keep Transactions Private There are many ways bitcoin cash users can keep their transactions private. Bitcoin.com has produced a new video outlining the top…

Read more

Iranian Energy Grid Blames 7% Consumption Increase on Bitcoin Miners

Mostafa Rajabi Mashhad, the spokesperson for Tavanir, an Iranian state-operated grid entity, has explained that electrical consumption has spiked by 7% in comparison to the previous year. Rajabi blames illegal cryptocurrency mining operations for the country’s increased electrical consumption and has warned that illicit mining facilities will be cut off from the grid. Also Read: Check out Bitcoin.com’s Rebrand Giveaway and Win a Keepkey Hardware Wallet Tavanir Grid Spokesperson: ‘Crypto Miners Are Consuming Too Much Electricity in Iran’ This week, state-run electric company spokesman Mostafa Rajabi Mashhad told the Iranian…

Read more