bitcoin

Bitcoin Breaks Through $8,000 Following Massive Head Fake

November J, 2017
Market Hive
No Comments

Bitcoin Breaks Through $8,000 Following Massive Head Fake Bitcoin just surmounted the $8,000 level, topping out at $8,020 on Bitfinex before retreating to $7,900 at press time. By now, reading about Bitcoin’s breach of its previous high might be getting repetitious, so strong has the currency’s bull run been. This time is an exception, though, because Bitcoin just pulled the mother of all head fakes. Looking back About a week ago, the SegWit2x hard fork was cancelled and the price…

Read More

Morgan Stanley chief says bitcoin ‘doesn’t quite deserve the attention it’s getting’

November J, 2017
Market Hive
No Comments

Morgan Stanley chief says bitcoin 'doesn't quite deserve the attention it's getting' Morgan Stanley Chairman and CEO James Gorman said bitcoin is getting more attention than it might deserve He said the cryptocurrency is the "definition" of a speculative investment, and anyone thinking it might be stable is "deluding themselves" But Gorman acknowledged that bitcoin's growing acceptance and usability meant it was not going away overnight Bitcoin is getting more attention than it deserves, but the phenomenon is not going…

Read More

Won’t Let Bitcoin Go to Zero – CME Chief Quells Fears Ahead of December Bitcoin Futures Launch

November J, 2017
Market Hive
No Comments

Won’t Let Bitcoin Go to Zero – CME Chief Quells Fears Ahead of December Bitcoin Futures Launch Bitcoin futures contracts are scheduled to launch in one month on the world’s largest derivatives exchange, and market analysts have nothing to fear. That’s according to Terry Duffy, chairman and CEO of the Chicago-based CME Group, which will soon become the first licensed U.S. derivatives exchange to list bitcoin futures contracts. Speaking with CNBC, Duffy revealed that CME plans to launch bitcoin futures…

Read More

Bitcoin Cash Hard Forks In Bid to Ease Mining Difficulties

November J, 2017
Market Hive
No Comments

Bitcoin Cash Hard Forks In Bid to Ease Mining Difficulties Bitcoin cash appears to be successfully navigating a planned hard fork. At press time, the majority of the network nodes (roughly 82 percent) have transitioned to new software (version 0.16.0 or later) that includes rules aimed at making the protocol's reward distribution more attractive to the miners that secure its blockchain. Executed at roughly 21:00 UTC, the new version of the bitcoin cash blockchain has since amassed six blocks, while…

Read More

Bitcoin Plunges 29% From Record High

November J, 2017
Market Hive
No Comments

Bitcoin Plunges 29% From Record High Offshoot called bitcoin cash is luring users amid tech debate Bitcoin’s jump this year has attracted Wall Street’s interest Citigroup Inc. CEO Michael Corbat shares his thoughts on digital currencies. Bitcoin plunged as the cancellation of a technology upgrade prompted some users to switch out of the cryptocurrency, spooking speculators who had profited from a more than 800 percent surge this year. The cryptocurrency has dropped 9.5 percent since late Friday, extending its slide…

Read More

Bitcoin Gold Launches Today

November J, 2017
Market Hive
No Comments

Bitcoin Gold Launches Today After weeks of preparation, Bitcoin Gold (Bgold; BTG) is finally launching today, November 12, 2017.   Bitcoin Gold is the second project to fork away from the Bitcoin blockchain to create a new coin this year; on August 1, Bitcoin Cash (Bcash) was the first. Where Bcash attempted to offer an on-chain scaling solution by increasing Bitcoin’s block size limit (while removing the Segregated Witness code), Bgold is an attempt to counter Bitcoin’s mining centralization.  …

Read More

Bitcoin price – Cryptocurrency plummets $1000 ahead of bitcoin gold split

November J, 2017
Market Hive
No Comments

Bitcoin price – Cryptocurrency plummets $1000 ahead of bitcoin gold split BITCOIN prices took a blow today, falling below £5,328.46 ($7,000) just days before a planned software update will release bitcoin gold. Bictoin prices fell by £761.21 ($1,000) in just over 48 hours after strong performance at the start of the week. The crypto token opened today at £5,440.19 ($7,146.78), according to CoinDesk, before peaking at £5,579.71 ($7,330.06). On Wednesday, the popular digital currency flared to an unprecedented price of…

Read More

Relief and Disbelief – Bitcoin Reacts to Sudden ‘2x’ Suspension

November J, 2017
Market Hive
No Comments

Relief and Disbelief – Bitcoin Reacts to Sudden '2x' Suspension The tweets came fast and furious, almost quicker than the articulation. After months of anger and debate, a group of businesses and mining firms that use bitcoin’s software to provide services suddenly shuttered an attempt at changing its rules. Scheduled to be introduced in mid-November, the Segwit2x software had emerged as a controversial bogeyman, a cloud of uncertainty over bitcoin’s future, that quickly gave way. Among those who had for…

Read More

Bitcoin’s Bogeyman Cometh – Why Segwit2x Is a 51% Attack

November J, 2017
Market Hive
No Comments

Bitcoin's Bogeyman Cometh – Why Segwit2x Is a 51% Attack In bitcoin's Necronomicon of possible attacks and weaknesses, one reigns supreme – the 51% attack. If there is a fear that has played on people's minds as the end-of-days scenario for bitcoin, it is this. Attackers who hold more than 50% of hashing power could stop transactions from confirming and even reverse some transactions. They could undermine the whole project. Bitcoin's design and its system of economic incentives has been…

Read More

Bitcoin Gold Hard Fork Draws Mixed Reactions

November J, 2017
Market Hive
No Comments

Bitcoin Gold Hard Fork Draws Mixed Reactions The Bitcoin Gold hard fork that caused a minor, temporary dip in bitcoin’s price a couple weeks ago has drawn both “boos” and “bravos” from the cryptocurrency community. Most observers voiced no problem with hard forks as a tool for competition and experimentation, but some see forks as compromising the perception of bitcoin’s limited supply, which they view as critical to its underlying value. After debuting near $500 on Oct. 24, Bitcoin Gold…

Read More
© MarktetHive - Top SEO Results Tool 2024. Brilliance theme by CPOThemes.