Daily, May 28, ’18

Daily, May 28, ’18

Bitcaw Trading Company, The Israeli Ministry of Finance, Niall Ferguson, Bithumb, Poloniex, Rory MacDonald, Spencer Bogart

  • South African authorities have investigated the Bitcaw Trading Company for investment fraud following a loss of approximately $8M, affecting 28,000 people.
  • The Israeli Ministry of Finance has published a draft of the Money Laundering Prohibition Order on financial services providers in virtual currencies as part of their efforts to complete the legal framework for activity in digital currencies.
  • Niall Ferguson, the British economic historian and author, told the Bank of England that Bitcoin is the financial system of the future.
  • Bithumb exchange has banned trading activities in 11 different countries around the world in order to comply with global anti-money laundering norms.
  • Poloniex users have been complaining about their legacy accounts being frozen for not being verified on the exchange.
  • Rory MacDonald, MMA champion, teams up with Bitcoin Cash.
  • Spencer Bogart, a venture capitalist, recommends buyning Bitcoin, holding Ripple and selling altcoins. He also predicts that Bitcoin will be traded 'at least' above $10,000 by the end of 2018.

XRP

0.3942 USD
-1.86%

BCH

405.39 USD
-0.99%

Related news

Ripple XRP Stablecoin, Price Manipulation, Hard Fork Bill, FDIC Bitcoin & Crypto Not A Priority

Support Me On Patreon! https://www.patreon.com/TheModernInvestor ---------------------------------------------------------------------------- Protect And Store Your Crypto With A Ledger Nano: https://www.ledger.com?r=8af3ed38d3b7 ----------------------------------------------------------------------------- Buy Bitcoin And Ethereum With Fiat On Binance! https://www.binance.je/?ref=35009618 ----------------------------------------------------------------------------- Open An Account With Binance! https://www.binance.com/?ref=22170588 ------------------------------------------------------------------------------ Bitcoin Donations Address: 1BYhrLpntMYW97sd8K6fquTcr5MYwPAe2y Ripple (XRP) Donation Address: rsoKR5VHJx84oMTYbS7tWg7g5aFebYirVi Ethereum / KIN / OmiseGo Donation Address: 0x0e5f5CEFaA9A0713AB6D8F79E6679E22d86C21f6 -------------------------------------------------------------------------------- Follow Me On Facebook ! https://www.facebook.com/TheModernInvestor https://www.youtube.com/channel/UC-5HLi3buMzdxjdTdic3Aig Follow Me On Twitter: https://twitter.com/ModernInvest ---------------------------------------------------------------------------------- Very Special Thanks To My Patreon Supporters: Chris Charles Roman Geber David Chosrova Stuart Niven Larry Gooch Tyler Winklevoss NBKrypto Steven Harper Ulf Fatman Josefsson Mohammad Tabbaa Brian Vaci Jeffrey Pete Mozar Cryptocurrency Logic Jonathan Robert Kraus Josh Gorcyca K9 Ytrup Crypto Jedi Truls Lee 3000 O. Tom Chhuong Kaneko Tomonori Sir Thomas11_11 Mike McCarty Crypto And Beer Shipmate ZEN Lunacy ---------------------------------------------------------------------------------- Photo Credit To: https://ripplecoinnews.com/wp-content/uploads/2018/01/ripple-xrp-btc.jpg
The Modern Investor

How to Check Median BTC and BCH Transaction Fees

Transaction fees are the cost that cryptocurrency users have to bear in order to keep the system going. Fees can vary significantly between networks and it is important to be able to check this before you decide which cryptocurrency to use for making your digital payments. Also Read: Bitcoin Cash Upgrade and 30K Stores Accepting BCH in the Weekly Update From Bitcoin.com Transaction Fees Differ by Orders of Magnitude Bitcoinfees.cash is a website which tracks the median transaction fees for both bitcoin core (BTC) and bitcoin cash (BCH). The site displays the current median transaction fees alongside one another as well as a graph of historical median BTC and BCH transaction fees. The median fees listed on the site are based on the past week of transaction data sourced from a few API providers. The live fee data is updated about every 10 minutes and the historical charts are updated weekly. Note that each coin has a different reference point as BTC fees are orders of magnitude more expensive than those for BCH. For example, the current median fee for BTC is $1.72, which is over 1,500 times higher than the current median fee BCH of just $0.0011. The website offers an explanation for anyone out of the loop as to why BTC fees are so expensive compared with BCH and examines why they can skyrocket during times of congestion, as has happened in the past when many new users entered the market and were daunted by BTC’s high network fees. What do you think about current BTC and BCH transaction fees? Share your thoughts in the comments section below. Images courtesy of Shutterstock. Verify and track bitcoin cash transactions on our BCH Block Explorer, the best of its kind anywhere in the world. Also, keep up with your holdings, BCH and other coins, on our market charts at Bitcoin.com Markets, another original and free service from Bitcoin.com. The post How to Check Median BTC and BCH Transaction Fees appeared first on Bitcoin News.
Bitcoin News

Hot news

By continuing to browse, you agree to the use of cookies. Read Privacy Policy to know more or withdraw your consent.