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BITCOIN CASH


Peter Ryan is a research analyst at CoinDesk.  The following article originally appeared in CoinDesk Weekly, a custom-curated newsletter delivered every Sunday exclusively to our subscribers. In Robert Heinlein’s novel “Stranger in a Strange Land,” the character Jubal Harshaw asks one of his secretaries to identify the color of a house in the distance. She replies, …

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Amid a floorshow of acrobats, cross-dressers and samurai dwarves, gambling pioneer turned cryptocurrency advocate Calvin Ayer boomed, “This is a great moment in the history of money.” It might sound a bit nonsensical, but it was far from fiction at a bitcoin cash birthday party in London last week, where a circus-meets-gypsy-themed party gathered the cryptocurrency’s local …

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Dish Network, one of the first major firms to accept bitcoin as method of payment, has announced it now also accepts bitcoin cash. The support for a second cryptocurrency comes a full four years after the U.S.-based subscription TV provider first decided to accept bitcoin in 2014. At the time it was the world’s largest …

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Happy birthday, bitcoin cash. Tuesday marks the one year anniversary of the first block on the crypto protocol that split from the bitcoin network, now the fourth largest by total value, after a years-long disagreement about the course the cryptocurrency should take. For supporters, the main goal for the competing protocol was increasing the block size …

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CoinText.io, a blockchain startup developing a way to conduct offline bitcoin cash transactions, just closed a $600,000 seed funding round, the company announced Friday. Lead by Texas-based Yeoman’s Capital, which has previously invested in Fantom, OpenGarden and tZero, the funding round will be used to develop a mobile wallet which can support bitcoin cash transactions …

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Has a cryptocurrency by trolls, for trolls, finally been created? If not, the cryptocurrency bitcoin core (BTCC) certainly comes close. And no, we’re not using the derogatory other name for the cryptocurrency most often referred to as bitcoin – the one that legendary crypto investor and bitcoin cash booster Roger Ver likes to berate. Rather, …

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As ethereum, now the world’s second most valuable blockchain, grows larger and more diverse, it’s becoming clear its mechanisms for getting input from its constituency are proving problematic. Indeed, a series of proposals targeted at controversial topics – lost fund recovery, the ether supply rate and the emergence of new mining hardware – have sparked …

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“Roger Ver deserves to go to (back to) jail for fraud.” For those not immersed in bitcoin’s byzantine politics, it might seem strange to see Ragnar Lifthrasir, a self-described “passionate advocate for bitcoin,” wish incarceration on an early adopter and fervent evangelist the community once called “Bitcoin Jesus.” But Lifthrasir isn’t alone in his desire to lock Ver …

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Bitcoin cash’s next software upgrade may be even more ambitious than its first – and that’s no small feat given last time it broke off from bitcoin in acrimonious fashion. In fact, the update, announced in November and slated for May 15, packages together a number of features that all seem about helping the network …

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Having rallied more than 80 percent in the last week, bitcoin cash (BCH) looks overbought and due for a pullback. The world’s fourth largest cryptocurrency by market capitalization confirmed a bull breakout on April 15 by crossing the long-term descending trendline. The price rise occurred alongside the broader market recovery seen after bitcoin’s $1,000 rally on …

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Trust, but verify. Borrowed from a Russian writer, it’s one of crypto’s most widely embraced slogans, though one that’s becoming even more relevant on social media, where battling factions bent on promoting the next great high-tech investment are now turning the very symbols meant to protect users against them. Whether it’s an account impersonating the world’s largest …

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Ledger wallet users have been unable to access their bitcoin cash since Monday, and some users believe the hardware manufacturer is dragging its feet. According to complaints lodged by users on Reddit, they are unable to access their bitcoin cash wallets, cannot view their balances or make transactions. The outage is halfway through its second …

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Satoshi or not, it’s been a rough week for Craig Wright. The man who rose to notoriety in 2016 by boldly claiming he was bitcoin’s creator is under fire from not just some of the industry’s most respected names, but the very people that have most embraced his shaky affirmation. Indeed, despite not offering any evidence …

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A long-time bitcoin developer who quit the project in 2016 broke his silence on Thursday, opening up on the state of the project in a lengthy reddit Q&A. There, Mike Hearn, who has since joined banking consortium startup R3, discussed a range of topics, including the bitcoin cash hard fork and the block size debates that …

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Omri Marian is a professor of law at the University of California, Irvine. He contributed to several projects on the taxation of cryptocurrencies at the American Bar Association Section on Taxation. The views expressed are his own and do not constitute tax advice. The following article is an exclusive contribution to CoinDesk’s Crypto & Taxes …

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Thursday’s market developments highlight the continued crunch in the crypto markets, which has solidified in the months since many crypto-assets soared to all-time highs. Indeed, during the first week of January, the overall market capitalization of the cryptocurrency market exceeded $800 billion – as of today, that figure has dropped to roughly $275 billion, according …

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Bitcoin (BTC) may be down 40 percent on a year-to-date basis, but the cryptocurrency still looks set to outshine its rival bitcoin cash (BCH) in the short-term, the technical charts indicate. As of writing, the bitcoin cash/bitcoin (BCH/BTC) exchange rate is seen a 0.1104 BTC on Bitfinex – the lowest level since March 9. BCH had …

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Supporting new crypto assets may be a “top priority” for Coinbase, but any such additions to its order books might not be close on the horizon. According to Coinbase general manager Dan Romero, the San Francisco-based exchange wants to add several new cryptocurrencies in line with customer feedback, but it’s treading cautiously as U.S. regulators …

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The views and opinions expressed here are solely those of the author and do not necessarily reflect the views of Cointelegraph.com. Every investment and trading move involves risk, you should conduct your own research when making a decision. The market data is provided by the HitBTC exchange. The G20 considers cryptocurrencies risky, said the head …

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Bitcoin (BTC) tech entrepreneur Jonathan Hamel appeared in front of Canada’s House of Commons Standard Committee on Finance yesterday, March 19, and declared: “Pay close attention, other cryptocurrencies are downright scams, like BCash [Bitcoin Cash (BCH)].” Hamel first posted on Twitter about his upcoming testimony during a Parliamentary cryptocurrency discussion, without mentioning BCH: I will …

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