A rogue chain has developed following bitcoin cash’s planned hard fork and has yet to cease production. Source
As Bitcoin Cash Hard Forks, Unknown Mining Pool Continues Old Chain
Day: November 15, 2019
BNB Is Under Correction But May Resume Bullish Trend Soon
BNB has been maintaining a bullish move for the past few weeks, but the price is now retracing near $20.5 support level. Binance Coin remains bullish on the hourly chart, but the bears may take over if the price drops below the ascending broadening wedge. Over the past few weeks, Binance Coin has witnessed substantial growth which has led the cryptocurrency to surge above $20 following a recent price break. The performance of BNB has created a bullish sentiment, which is positioning the market for an incoming bull run. Meanwhile,…
Chainalysis Says BitForex Trading Volumes Could Be Fake
The BitForex exchange could be faking its bitcoin trading volume, according to a report by Philip Gradwell, chief economist at Chainalysis. Source
Bitcoin Price Diary: VET, XLM, TRX Double-Digit Gains — BTC Flatlines
Veteran trader secures a 60% profit on VeChain, 8% on Tron, 18% on Stellar Lumens and breaks even on Bitcoin. Altcoins have continued to boom while Bitcoin (BTC) has effectively traded sideways. I closed the majority of my position in VeChain (VET) for a quick 60% profit and nailed my exit on Stellar Lumens (XLM) almost exactly at the top. I am once again long on Bitcoin from $8,375 and have stopped out in profit from a position on Tron (TRX). Update on the Bitcoin position I entered a fresh…
Price Analysis 15/11: BTC, ETH, XRP, BCH, LTC, EOS, BNB, BSV, XLM, TRX
Bitcoin price looks weak but this fall below $8,500 might turn out to be a buying opportunity. Fundstrat’s Tom Lee believes that cryptocurrencies “are network value assets” and as the number of people who hold the asset increases, the value of the cryptocurrencies would also move up. According to him, about half a million people use and own Bitcoin currently and if the number doubles, he expects Bitcoin (BTC) to easily reach his target of $25,000. Binance founder and CEO Changpeng Zhao believes that Chinese President Xi Jinping’s support of…
Blockchain Firm Partners With Cannabis Data App to Create Research Project
A blockchain-based data marketplace, Measure Protocol, and a cannabis-oriented survey rewards app, Broccoli, will jointly establish a research community for cannabis users. According to a Nov. 12 press release, the companies will use the new community to survey consumers, collect data and make reports dedicated to cannabis use and the industry. In doing so, the parties intend to discuss the benefits of cannabis, debunk or prove myths surrounding it, and make the collected information available to the public. Phillip Olla, co-CEO of Audacia Bioscience, the company that stands behind Broccoli,…
China Is Poised for Another Crypto Trading Crackdown as Speculative Fever Returns
China appears set to crack down on crypto trading again after President Xi Jinping’s praise for blockchain tech revived speculation in the sector. Source
Binance’s ‘Chinese Twitter’ Gets Blocked for Unknown Violations
Binance’s official account on China’s major microblogging website Weibo has been blocked. The account of the major global exchange was blocked on Nov. 13, purportedly due to violations of the site’s policies, Taiwan-based publication The China Times reported on Nov. 15. At press time, Binance’s Weibo page is blocked, displaying a notice that the account has violated provisions of the Weibo Community Convention. All content, including Binance’s posts and the number of followers, is currently unavailable. Cointelegraph has contacted Binance for a comment on the issue, but the exchange has…
Crypto IPO Season: Race to Secure an Offering Heats Up
The buildup to the 2017 peak in cryptocurrency prices intoxicated business owners and investors around the world. The momentum was so great that new businesses popped up every second of the day, all hoping to cash in on the first great crypto gold rush. As 2018 rolled round, the long crypto winter soon froze out the hopes of many. Although the long trough proved too much for some, when prices rose again, the landscape looked very different. Initial coin offerings had largely been declared irrelevant and stablecoins from massive international…
Bitcoin Cash Hard Fork Completed as First Invalid Block Detected
The planned hard fork of the Bitcoin Cash network has been completed, as the first block considered invalid by the older client version was noted by BitMEX Research in a tweet on Nov. 15. Fork Monitor detected that the block at height 609,136 was considered invalid by the Bitcoin ABC 0.19.0 client. The block was accepted by Bitcoin ABC 0.20.6, confirming that the hard fork had completed as planned. The block was mined by the BTC.com pool at 13:44 UTC, with a block-size of 0.2MB, and contained 651 transactions. Older…