No flexing for Bitcoin Cash users as BCH loses 98% against Bitcoin
Amid controversy surrounding major supporter Roger Ver, the Bitcoin hard fork plumbs new depths in BTC terms. Bitcoin (BTC) has hit new record highs this week — not in U.S. dollar terms, but against its longtime competitor, Bitcoin Cash (BCH).Data from Cointelegraph Markets Pro and TradingView confirms that on June 29, BCH/BTC officially set its lowest ever price.CoinFLEX debacle ensnares BCH supporter VerBitcoin Cash, also known as “Bcash” by those critical of the coin’s ethos and future, gained notoriety in 2017 when it became the first major hard fork of the Bitcoin network to take on....
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TORN, the token of Tornado Cash, plummeted by nearly a quarter in the last 24 hours after Dutch authorities arrested a suspected developer for the crypto transaction mixing protocol in Amsterdam on Friday. After the US Treasury added the mixing protocol on its sanctions list, Tornado Cash noticed a significant decrease in deposits and a […]
For quite some time now, bitcoin cash users have been leveraging the web portal read.cash in order to write blog posts, connect with like-minded individuals, and earn bitcoin cash for providing popular content. Now the creators of read.cash have introduced another application called noise.cash, which is similar to the parent platform, but allows people to make noise using much shorter messages. Microblogging and Bitcoin Cash Tipping Bitcoin cash (BCH) supporters have been recently introduced to a new platform created by the read.cash creators. News.Bitcoin.com has reported on the....
Spare app has added Bitcoin payment support, allowing users to cash out in national currencies in select U.S. regions using any iOS device. Spare: Cash Out Bits at Your Local Store. Spare, an alternative finance app that allows users to withdrawal cash on-the-go through various merchant locations, now supports Bitcoin. Using the Spare app, users can now cash out their bitcoin at certain local stores. The services is currently available in certain parts of the U.S, including New York, Colorado, New Jersey, Philadelphia, and Washington DC. While there are currently a few alternatives to cash....
Users have sent more than $300M BCH through exchanges since Nov. 1, while assets under management at the crypto fund manager's Bitcoin Cash Trust have decreased. The value of assets under management for crypto fund manager Grayscale Investments’ Bitcoin Cash Trust has fallen $1.6 million following the announcement that the crypto asset would be forking on Nov. 15. According to data from Coin Dance, the Bitcoin Cash (BCH) network has now split into two blockchains. Currently, miner action appears to be favoring the community-driven Bitcoin Cash Node, or BCHN. Crypto exchange Binance’s pool....
Why is the IRS trying to keep this case out of court? Because it may have widespread implications for privacy laws involving cryptocurrency users if the IRS loses.