Bitcoin CashBitcoin Cash BCH news

Bitcoin's fork with quicker and cheaper transactions
Price, 24h
437.73 USD / 0.05000000
-3.73% / 1.32%
Volume, 24h
413,284,164 USD
0.00%
Marketcap
7,654,144,761 / 2.8%
Emission
85%
Chart price/vol/NIS 7d
Asset details

World latest news

Low Effort Bitcoin Cash Ponzi Alert: BitcoinCashTradingLimited

It has become increasingly easy to spot cryptocurrency-related websites which are a front for a scam. In the case of BitcoinCashTradingLimited, it is not hard to see what is going on exactly. Anyone investing in this company will lose their money, as there are far too many red flags to ignore.  It’s a Fake Company Even though BitcoinCashTradingLimited has been a registered domain name since July of 2018, it seems the domain will expire in just a few days from today. Even so, no one has seemingly heard of this platform in the past twelve months, primarily because most people can spot a scam from miles away when details are so blatant. There is also no registered entity associated with this website, nor a company registration number of any kind. Targeting Bitcoin Cash Users While one has to give credit to these scammers for targeting Bitcoin Cash supporters instead of focusing on just Bitcoin, it seems unlikely that this decision will help matters much. Bitcoin Cash does not have the biggest community, and most of its members are all too familiar with cryptocurrency scams. As such, it seems unlikely anyone has lost money because of this website, but one can never be too cautious.  Fictitious Investment Plans It is rather evident most of the HYIP Ponzi Schemes in the cryptocurrency industry follow a very straight forward approach. BitcoinCashTradingLimited is no different, as its projected returns are simply impossible to sustain. Ranging from 5% after one day to 100% profit after 30 days, no one should even remotely consider this offering to be genuine. Even the 2% daily for 12 days plan is impossible to guarantee, as cryptocurrency markets never allowed for guaranteed returns.  More importantly, the company does not explain how the money is expected to be generated. While it is obvious they will only pay out as long as new deposits keep coming in, it is safe to assume the funds will dry up sooner rather than later. Their claims of “constant progression” and “friendly support” don’t mean much when they are planning to take one’s money sooner rather than later. Lots of Confusing Information Despite the website focusing on Bitcoin Cash, their main page makes multiple mentions of how to invest with Litecoin, which is also a  supported currency. Users will also allegedly earn 1% daily for the lifetime of their account, even though the investment plans state something else entirely. It seems little work has been put into updating this template to suit the site owners’ needs, for some unknown reason. To make matters worse, the site name – BitcoinCashTradingLimited – is used alongside Traders.com, and TradersLimited.com. As such, no one knows for sure who is pulling the strings until the domain name expires. Its acceptance of Perfect Money, Payeer, and Ethereum – despite using the Ethereum Classic logo – only add more confusion. This is clearly an unprofessional website which should not be trusted with one’s finances. Disclaimer: This is not trading or investment advice. The above article is for entertainment and education purposes only. Please do your own research before purchasing or investing into any cryptocurrency or digital currency. Image(s): Shutterstock.com The post Low Effort Bitcoin Cash Ponzi Alert: BitcoinCashTradingLimited appeared first on NullTX.
NullTX

Buterin Considers zk-STARKS, Plasma, Casper, Bitcoin Cash for Enhancing Ethereum’s Efficiency

The developers of Ethereum (ETH), the world’s largest platform for building and deploying decentralized applications (dApps), have been experimenting with different approaches for effectively scaling the smart contract platform. Ethereum Co-Founder Vitalik Buterin has considered using other blockchain platforms as data layers for the Ethereum network. These platforms include Bitcoin Cash (BCH), Ethereum Classic (ETC), and potentially a few other crypto networks with relatively high throughput rates. Bitcoin Cash Blockchain Has Up to 7x Greater Throughput than Ethereum  At present, the BCH blockchain can handle 32 MB of data in about 600 seconds (appr. 53,333 bytes/second). This is nearly 7x greater than Ethereum’s current throughput capacity – as the ETH blockchain can only process about 8 kilobytes/sec (8192 bytes/sec). Although Bitcoin (BTC) has the most secure cryptocurrency network, its transaction processing fees might be too high for it to practically serve as a data layer for Ethereum. Due to its significantly lower transaction fees, Buterin feels that Bitcoin Cash’s blockchain may temporarily serve as a data layer for ETH. Buterin Looking for Short-term Scalability Solutions However, the Russian-Canadian programmer expressed concerns over Bitcoin Cash’s 10 minute block times, and considers this to be the main weakness when trying to use the BCH network for data handling purposes.  Buterin also mentioned that he was currently exploring short-term solutions to enhancing Ethereum’s network capacity. The dApp development platform is expected to transition to Ethereum 2.0 in the foreseeable future, although no exact date has been confirmed yet. Ethereum 2.0 will consist of major system-wide upgrades to the cryptocurrency’s blockchain that are aimed at significantly improving the overall efficiency of the platform. Ethereum’s Throughput Recently Fell As Low As 7 TPS While Ethereum’s developers currently expect the crypto platform to process around 25 transactions per second (TPS), its throughout has not exceeded 11 TPS this month. On some days, ETH blockchain’s throughput has been as low as 7 TPS.  Notably, the Ethereum network has recently experienced the largest number of pending transactions – which indicates that the ETH developers must soon find an effective way to increase the crypto network’s throughput rate.   Transitioning from Proof-of-Work to Proof-of-Stake In order to address these issues, Buterin has developed a comprehensive roadmap for Ethereum (until 2020), which includes periodic updates to the crypto’s network. One of the main changes to Ethereum will involve transitioning from the present, energy-intensive proof-of-work (PoW) consensus protocol to the proof-of-stake (PoS) consensus algorithm. Additionally, Ethereum’s developers will implement various network sharding techniques, and have also worked on several layer-two solutions such as Plasma and Raiden. After PoS goes live, ETH transactions are expected to be substantially cheaper and new block generation times will become faster. Meanwhile, second-layer solutions like Plasma could potentially make Ethereum more scalable. Using A “Shadow Chain” During a recent interview with CoinSpice, Buterin discussed various approaches to scaling and improving the Ethereum protocol. The founder of Bitcoin Magazine suggested the use of a “shadow chain”, which shifts the computation process off the main blockchain. However, state transition functions are being registered on-chain after every 100 blocks.  As Buterin explained, this technique allows the network to be validated in a selective manner, as the ETH node that validates a block must guarantee its authenticity with their Ether deposits. If the validator does not perform their task properly, then their funds are burned (destroyed).  Buterin referred to this method as the “interactive computation game” approach. zk-STARKS May Be Added in Future Updates Another option being considered is called Zero-Knowledge Scalable Transparent ARguments of Knowledge (zk-STARKS). As noted by Buterin, zk-STARKS allows network data to be validated without having to disclose the data (contents) itself. Buterin further mentioned: “In the long-term, we expect that the data layer for these schemes to be Ethereum 2.0 itself. Until Ethereum 2.0 exists, what you have is first of all the existing Ethereum chain but the existing Ethereum chain is already basically 100% full and it has been full for a while.”  He continued: “And we could do marginal things to increase its scalability but it’s still relatively expensive and so there’s other strategy you could consider. To do some short-term things is basically to just use these second-tier blockchains as extra data layers.” The post Buterin Considers zk-STARKS, Plasma, Casper, Bitcoin Cash for Enhancing Ethereum’s Efficiency appeared first on Ethereum World News.
Ethereum World News

Bitcoin Cash Developers Work On Upgrades, Platform Development And The Future Of The Network

Bitcoin Cash continues expanding with many different developments On August first the network will be celebrating its second anniversary Bitcoin Cash (BCH), one of the largest cryptocurrencies in the market, is being developed and continues expanding around the world. The new upgrades will help Bitcoin Cash scale and reach a larger number of users. At […]
Bitcoin Exchange Guide

Crypto-Market Top Weekly Performers: Bitcoin Cash, Bitcoin SV, Litecoin, Tron, Stellar

The past week was one of the longest weeks for the crypto-traders and the community at large. The bears began the week strongly as Bitcoin seemed to break below $9000. The two consecutive days for Libra was no less than a roller coaster ride. On the first day, the price dropped as the senate expressed disregard for Libra. Nevertheless, the second day’s 7-hour meeting with Libra Head and experts in the field turned out positive for traders. Not only the US but China and India too clarified their positions on cryptocurrency which was not entirely prohibitory in nature. Moreover, the altcoins have also started to gain momentum as they broke above critical support levels. The total dominance of Bitcoin also dropped slightly over the week. Litecoin [LTC] Litecoin [LTC] has been one of the best performing cryptocurrencies of 2019. Litecoin Foundation led by Charlie Lee has worked hard at building adoption and brand image of the cryptocurrency. Currently, it is facing resistance near $100. Recently, it signed as the official cryptocurrency for a major sports team. Litecoin follows a similar protocol to Bitcoin and it’s halving date is due next month. This has had a significant effect on the market, however, history hasn’t fared well with FOMO buying during these times. LTC/USD 1-Day Chart on Bitstamp (TradingView) Opening Price: $89.5 Closing Price: $98.5 Weekly Loss: 10.05% Weekly High/Low: $106.05/$76.86 Bitcoin Cash [BCH] Bitcoin Cash [BCH] and Litecoin [LTC] share the same utility at the moment, i.e. a payment mechanism. Moreover, as Bitcoin Cash [BCH] is a fork of Bitcoin it is likely that it is widely distributed as Litecoin as well. Currently, it has a total market capitalization of $5.7 billion and is positioned at 5th. At the beginning of last week, it touched lows near $250 but has managed to bounce back above it. It is currently testing resistance around $320. BCH/USD 1-Day chart on Bitstamp (TradngView) Opening Price: $285 Closing Price: $325 Weekly Loss: 10.5% Weekly High/Low: $251/$344 Bitcoin SV [BSV] Bitcoin SV was one of the most controversial cryptocurrencies of this year. Its lead proponent Craig Wright has been a notable figure in the crypto-community. The Australian programmer and expert’s claim over the identity of Satoshi Nakamoto, the creator of Bitcoin has always created sudden changes in the market of BSV. This week as the bearish momentum seemed to take control it tested support near $100. But, it bounced back above it with, rather handsomely as it broke above $180. The next big resistance is near $200. BSV/USD 1-Day chart on Binance (TradingView) Opening Price: $130 Closing Price: $175.7 Weekly Loss: 34.6% Weekly High/Low: $187.9/$108 Tron [TRX] Tron is one of the most popular cryptocurrencies. The popularity can be mainly attributed to its Creator and lead proponent. Justin Sun. He himself with the Tron Foundation has worked hard towards the adoption of the token platform. As all cryptocurrencies were bearish since the past month, even Tron tested lows around $0.02. However, it came back above $0.02 and is now facing resistance at $0.03. This week Tron Foundation established a partnership with NY Fintect firm. People are also looking forward to Warren Buffet’s lunch with Justin Sun this coming week. TRX/USD 1-Day chart on Binance (TradingView) Opening Price: $0.025 Closing Price: $0.0289 Weekly Loss: 15.6% Weekly High/Low: $0.0316/$0.0199 Stellar [XLM] Stellar has also been striving to reverse the bearish momentum on it. The price rose back on the news of staking at Binance. Moreover, it also began its staking reward on Binance last week. The token is currently looking at the next big resistance near $0.1. XLM/USD 1-Day Chart on Coinbase (TradingView) Opening Price: $0.085 Closing Price: $0.093 The weekly Loss: 9.4% Weekly High/Low: $0.0987/$0.075 *The percentage dominance of cryptocurrencies w.r.t. to the total market capitalization of the market at $1 billion is 0.3%. Hence, for Analysis purpose, we will only consider cryptocurrencies with a total market capitalization $1 billion or more. For future analysis, we’ll try to maintain ~0.25% as a standard for the calculation. **The data is taken at around 11: 00 Hours UTC on 21st July 2019. The post Crypto-Market Top Weekly Performers: Bitcoin Cash, Bitcoin SV, Litecoin, Tron, Stellar appeared first on Coingape.
CoinGape

Bitcoin Cash Price Prediction: Long-term (BCH) Value Forecast – July 20

BCH/USD Long-term Trend: Bullish Resistance levels: $480, $500, $520 Support levels: $300, $280, $260 The price of Bitcoin Cash was in the bullish trend zone. From the price action on June 25, the bulls were resisted after testing the $480 price levels. The BCH market was on a downward correction to the low at $400. […]
Bitcoin Exchange Guide
More news sources

Bitcoin Cash (BCH) news by Finrazor

DIGEST

Zcash unveiled an already fixed vulnerability, US presidential candidate McAfee the debtor, QuadrigaCX seeking protection and justice, Kraken's new partnership, evidence of BTC decentralization improvements, rumors as for Bakkt, a bunch of news from Ripple and Telegram TON updates

Read more
DIGEST

This week, the reddit community has (not) stopped waiting for BCH fork. Anyway, we're closely watching what is happening, and giving you the easiest opportunity to express your opinion in the selected hottest discussions

Read more
DIGEST

Bitfinex introduces a new system, BTCC launches in South Korea, the Bitcoin Unlimited upgrades features, the Maldives denies giving permits, IAMAI attracts big players, Huobi lists stablecoins, Binance opens in Uganda

Read more
DIGEST

This week, Redditors not only followed the jumps of the rates, but also discussed such sign events as: Roger Ver talks about US Government, BCH founder tries to convey the importance of Bitcoin Cash, more businesses are switching to accepting cryptocurrencies, Fidelity takes a step forward… All that hot threads you can read in our Reddit-digest

Read more

Trending

Hot news

Hot world news

Bitcoin Law Review - Blockstack's Reg A+, CFTC vs Bitmex, Gov't vs Libra/Crypto

https://ToneVays.com by @ToneVays https://twitter.com/ToneVays Topic 1: Reg A+ & Blockstack https://www.sec.gov/Archives/edgar/data/1719379/000110465919020748/a18-15736_1ex1a15addexhbd6.htm https://www.theblockcrypto.com/2019/07/12/blockstack-garners-reg-a-approval-but-that-doesnt-mean-crypto-icos-will-boom/ Leads into Topic 1a on Broker-Dealers & Custody https://twitter.com/philipliu/status/1149907881061302272?s=12 https://www.sec.gov/news/public-statement/joint-staff-statement-broker-dealer-custody-digital-asset-securities https://bitcoinmagazine.com/articles/op-ed-latest-finra-sec-security-token-custody-rules Topic 2: Government vs Libra/Crypto https://twitter.com/realDonaldTrump/status/1149472282584072192?s=09 https://www.cnbc.com/2019/07/18/first-on-cnbc-cnbc-transcript-treasury-secretary-steven-mnuchin-speaks-with-cnbcs-squawk-box-today.html https://www.cnbc.com/2019/07/18/mnuchin-says-us-will-ensure-bitcoin-doesnt-become-like-anonymous.html https://www.cnbc.com/2019/07/18/first-on-cnbc-cnbc-transcript-treasury-secretary-steven-mnuchin-speaks-with-cnbcs-squawk-box-today.html https://brianoflondon.me/2019/07/facebook-lied-about-the-cryptocurrency-industry-to-destroy-it/ https://www.youtube.com/watch?v=9-ZTkCNW0w8 https://www.cnbc.com/2019/07/16/i-like-bitcoin-says-house-gop-leader-mccarthy-hits-facebook-libra.html Topic 3: Crypto Exchanges https://www.bloomberg.com/news/articles/2019-07-19/u-s-regulator-probing-crypto-exchange-bitmex-over-client-trades https://twitter.com/notsofast/status/1151864421414838274?s=21 https://www.coindesk.com/ex-ceo-of-crypto-exchange-wex-arrested-in-italy https://www.coindesk.com/mt-gox-founder-hit-with-lawsuit-over-alleged-fraudulent-misrepresentation https://www.scribd.com/document/414569311/Steinmetz-Jones-v-s-McCaleb#from_embed https://www.thedailybeast.com/behind-the-biggest-bitcoin-heist-in-history-inside-the-implosion-of-mt-gox?ref=scroll Topic 3a - Update on Bitfinex vs NYAG https://ambcrypto.com/new-york-ags-court-filings-written-in-bad-faith-and-riddled-with-false-assertions-says-bitfinexs-rebuttal/ https://www.coindesk.com/bitfinex-ny-prosecutors-tether-850-million-allege https://iapps.courts.state.ny.us/fbem/DocumentDisplayServlet?documentId=vIexA1b0spKOnK_PLUS_ZUGTJ3A==&system=prod https://breakermag.com/crypto-capital-is-the-common-thread-between-bitfinex-quadrigacx-and-other-troubled-exchanges/ https://decrypt.co/6824/crypto-capital-follow-up-article Topic 4: Crypto & Taxes (Time Permitting) https://www.carltonfields.com/insights/publications/2019/how-state-remote-sales-and-use-tax-statutes-may-im https://twitter.com/cryptotaxgirl/status/1148370522775797760?s=21 Topic 5: Other - Time Permitting https://www.journalofaccountancy.com/news/2019/jun/virtual-currency-not-fbar-reportable-201921479.html https://www.justice.gov/usao-sdny/pr/us-attorney-announces-arrest-and-money-laundering-charges-against-dark-web-narcotics https://cryptoslate.com/chinese-court-upholds-legal-bitcoin-ownership-btc-protected-china-property-law/ Closing Moment of Zen: https://twitter.com/Horsebox_1/status/1117955111219867648 Honorable Mention: https://www.sec.gov/corpfin/framework-investment-contract-analysis-digital-assets Please Support via Affiliate Codes: Unlimited Trading for $9 a Month at LVL: https://lvl.co/?r=kDpHhBmS Deribit to save 10% on Trading: https://www.deribit.com/reg-3221.4686 Buy/Sell Bitcoin at Paxful: https://paxful.com/?r=or4dNEDBBQX Trading View: http://tradingview.go2cloud.org/aff_c?offer_id=2&aff_id=4905&url_id=3 TorGuard VPN 50% off code & link = tone50: https://torguard.net/aff.php?aff=3782 Ugly's Lifetime Subscription: https://uglyoldgoat.com/?rid=4xyuzu Audio Podcast: https://itunes.apple.com/us/podcast/the-tone-vays-podcast/id1390209454?mt=2 See Regulation overview in each state here: https://www.carltonfields.com/state-regulations-on-virtual-currency-and-blockchain-technologies/ Tone Vays is available for Corporate Consulting at the rate of 0.3 btc per hour. Please email Tone@protonmail.ch for additional info.
Tones Vays

Reminder: Bakkt is Launching Bitcoin Futures in the Coming Day

Bakkt is Finally Here That’s right, Bakkt is finally here. After months upon months of deliberation, hype, and odd regulatory setbacks, the cryptocurrency venture that has been backed by the New York Stock Exchange, Microsoft, and Starbucks is launching. Starting Monday, July 22nd, the exchange will be testing physically delivered Bitcoin futures, which will be one of the first product of its kind to be regulated in U.S. markets. It is currently unclear who will be testing the product, or in which way the contract and custody solution will be tested. But, this development marks a huge step in the right direction for the cryptocurrency market. Bakkt confirmed the launch date for its testing period at a recent summit that was held in the New York Stock Exchange, whose chief executive is wed to the head of Bakkt. Per first-hand recounts of those in attendance, the cryptocurrency startup has also confirmed that it will be fully launching its Bitcoin futures product by the end of Q3, should nothing go wrong during testing of course. A Catalyst for Bitcoin & Crypto Growth In a recent Fundstrat Global Advisors research note posted to Twitter, Sam Doctor of the market research firm explained his thoughts on the conference. Citing the buzz being emanated by the over 150 investors and institutions in attendance, Doctor argues that there is “institutional anticipation” for the exchange’s Bitcoin futures. He expounded: “As we have written before, Bakkt tackles many of the barriers to adoption for traditional investors seeking to expand their mandate to include crypto.” Doctor adds that “appears to be a critical mass of adopters ready to come on board on Day 1 of the Bakkt launch”, noting that the firm’s sales team is starting to ramp up discussions with everyone from brokers and market makers. He thus confirms that should the hype translate into actual investment, the long-expected launch of the Bitcoin product, which will give many institutions their first taste of so-called “physical” BTC, could be a “huge” catalyst for the growth of this already budding market. Institutions Are Buzzing Per Placeholder’s Chris Burniske, the venture capitalist author of industry primer “Crypto Asset”, the overall feel of the room was rather bullish. He wrote the following, making the case that Wall Street has its eye on the cryptocurrency space once again. All in all, the @Bakkt event signals great things for #bitcoin and #crypto at large, even if I did miss some of the funk of OG days.— Chris Burniske (@cburniske) July 18, 2019 Title Image Courtesy of Samson Creative Via Unsplash The post Reminder: Bakkt is Launching Bitcoin Futures in the Coming Day appeared first on Ethereum World News.
Ethereum World News
By continuing to browse, you agree to the use of cookies. Read Privacy Policy to know more or withdraw your consent.