Bitcoin Unlimited Launches Two-Option Voting App Powered by Bitcoin Cash

On September 16, the Bitcoin Unlimited development team launched a new application called Votepeer. The software is powered by the Bitcoin Cash network and allows anyone to set up a transparent two-option voting process. This week a couple of Bitcoin Unlimited (BU) developers released a new voting protocol called Votepeer. BU software engineers, Dagur and Jørgen Svennevik Notland, revealed the initial version of Votepeer, which can be located at the website voter.cash. “Votepeer is powered by Bitcoin Cash and allows anyone to easily set up a two-option vote using the…

‘Growth hacker’ hides 100 caches of Bitcoin Cash around city

An anonymous benefactor manipulated social media to get on the news in the Californian city of Bakersfield to encourage the adoption of Bitcoin Cash. According to a Sept. 17 blog post from the Bitcoin Man of Bakersfield’ (BMB) — a self-described “anonymous growth hacker and media manipulator” — he selectively placed 100 Bitcoin Cash (BCH) QR code stickers worth $1,100 total around the streets of the city this week. “Giving away crypto does help people, but the real motivation is to spread awareness in a way that’s fun and interesting,”…

Bitcoin Cash Rallies 7%, More Upsides Likely If BCH Clears 100 SMA

Bitcoin cash price rallied over 6% and it broke the $230 and $235 resistance levels against the US Dollar. BCH is likely to continue higher towards $250 if it clears the 100 SMA (H4). Bitcoin cash price is gaining momentum above the $235 resistance level against the US Dollar. The price is currently facing hurdles near $240 and the 100 simple moving average (4-hours). There was a break above a key contracting triangle with resistance near $233 on the 4-hours chart of the BCH/USD pair (data feed from Kraken). The…

Bitcoin Cash hits new low vs. Bitcoin as Draper deletes Twitter praise

Altcoin Bitcoin Cash (BCH) is plumbing new lows against Bitcoin (BTC) after crashing through fresh support. Data from price tickers including Cointelegraph Markets and CoinMarketCap confirm that BCH/BTC is now at its worst levels in Bitcoin Cash’s three-year history. BCH/BTC in “downward price discovery” At press time, 1 BCH bought just 0.022 BTC, 92.2% less than at its peak of 0.285 BTC in December 2017. BCH launched as an off-shoot from BTC in August the same year, at the time enjoying support from various industry figures and businesses. This subsequently…

What to Expect From Bitcoin Cash (BCH) Hard Fork in November 2020?

Two years after the infamous Bitcoin Cash hard fork of 2018, the news about the new one scheduled for November 15, 2020, is spreading, and this time, nobody seems happy about the new possible drama. The Bitcoin Cash community is at the beginning of a new era – Bitcoin Cash hard fork may happen on November 15, 2020, splitting the network into two blockchains. The hard fork is a result of longstanding debates over development funding. Three main implementations are working in BCH right now: Bitcoin ABC, BCHN, and Bitcoin…

Structural Issues May Be Causing BitMEX’s Low Bitcoin ‘Cash and Carry’ Returns

BitMEX may be one of the largest crypto derivatives platforms, but it offers the lowest return on bitcoin “cash and carry” trades. Currently, the return offered by Seychelles-based BitMEX on a three-month basis is 2.71% annualized, half of what rival exchanges like Binance, FTX and Deribit are offering, according to data source Skew. Cash and carry arbitrage involves buying an asset in the spot market against a sell position in the futures market when the latter is trading at a premium to the spot price. Essentially, carry strategies profit from…

Noncustodial Bitcoin Cash Client Zapit Demos In-Wallet SLP Dividends Tool

During the last week, Bitcoin Cash proponents have been discussing Zapit, the noncustodial BCH wallet that also supports Simple Ledger Protocol (SLP) tokens. Zapit’s team recently revealed on Twitter that developers have been working with a new dividends tool built into the mobile wallet. Zapit is a bitcoin cash (BCH) wallet that was released on the Google Play store roughly five months ago. The wallet also supports SLP tokens and the team aspires to “build the best on and off-ramp to cryptocurrencies from traditional finance.” According to the Google Play…

UK Digital Bank Ziglu Launches P2P Payments for Bitcoin and Bitcoin Cash

London-based challenger bank Ziglu said Monday that it has been licensed as an Electronic Money Institution (EMI) by the U.K.’s Financial Conduct Authority. After receiving the permit, the fintech start-up immediately launched peer-to-peer (P2P) payments for both crypto and fiat currencies. Ziglu founder and chief executive officer Mark Hipperson said the EMI license allows the firm to issue electronic money (e-money) and to provide payment services. The permit was issued on September 1, more than a year since the initial application. It also required the company to comply with stringent…

Tim Draper Heaps Praise on Bitcoin Cash

Billionaire and venture capitalist Tim Draper has praised bitcoin cash after recently purchasing the coin. Lauding the ease of use as well as buying it, Draper encourages his followers to do likewise. Draper’s endorsement comes as the Bitcoin Cash (BCH) community braces for a fork instigated by Bitcoin ABC’s infrastructure funding proposal (IFP). Yet despite the ongoing split reports, Tim Draper, the crypto supporting billionaire, still praises BCH and gives thanks to Roger Ver “for this innovation.” Although Draper’s tweet does not provide specific reasons for the praise, it would…

Bitcoin Cash May See Another Hard Fork, Here’s Why

The Bitcoin Cash protocol might see another second split in the coming weeks after new changes were proposed by the Bitcoin ABC development team. Some of these see miners making 8% lesser on rewards. Bitcoin Cash Could Split, Again The Bitcoin ABC development team yesterday released a new version of its latest, controversial upgrade, noted a report on crypto publication Decrypt. The upgrade includes a major change to take place on November 15, designed to fund blockchain development, but it’s so unpopular it might split the blockchain in two, it…