Roger Ver Tips Bitcoin’s Fork, Bitcoin Cash, To Gain in Popularity

Bitcoin.com's CEO Roger Ver has backed Bitcoin Cash( BCH) to gain in popularity going forward. Mr Ver asserted that BCH aligns best to Nakamoto's vision compared to other Bitcoin Forks. He made these suggestions during an interview with HardForking. A BCH champion, Mr Ver ventured that cryptocurrencies should offer a substitute payment system, but not be another investment instrument. He averred that for us to prevent government control we should use cryptos as money. According to him, using cryptocurrencies for…

SIM Swap Heist Sees Chinese Whale Suffer a Whopping $45 Million Loss

Reports indicate that a Chinese crypto whale is sweating over the loss of $ 45 Million worth of BTC and BHC. A whale going by the username Zhoujianfu made frantic appeals for help in recovering the stolen funds. Through a "BTC” subreddit posting Zhoujianfu informed the community of the heist promising a huge reward for assistance in getting the funds back. An extract from the post reads: This] is my address, goddamnit. [The transactions] only [have] 3 confirmations, if any…

Crypto Markets: Price Analysis Of Top Coins In Week Three of February 2020

It has been all smiles and laughs for the crypto community in the last two weeks. Bitcoin has been hovering in the $10 000 marks, a rise that has caused a domino effect to altcoins as their prices increase significantly.  However, this past week (9th-15th Feb), Crypto prices have experienced intense volatility, defying almost all prominent analysts’ predictions.  Take a look at the nitty-gritty details that have been shaping up the crypto markets in the past week. While in that…

The Beginner’s Guide to Bitcoin Cash

Bitcoin Cash (BCH)  was forked from Bitcoin on August 1, 2017, due to a dispute about increasing the block limit size from 1MB, as set by Satoshi Nakamoto, to 8MB. Satoshi's 1MB limit size made the Bitcoin network very slow, primarily when its number increased significantly in 2017. Bitcoin Cash in a Nutshell It was launched on August 1, 2017, as a hard fork of Bitcoin. Its block limit is 8MB compared to 2MB on the bitcoin network. It's the…

BitcoinBCH Misguides on BTC Double-Spends

BitcoinBCH, a firm that focuses on BCH, may have recently misled people, making them believe that it is easy to carry out BTC double-spending.  On the 18th of December 2019, the CEO of this firm released a video on youtube. It purportedly showed how the BTC point of sale (PoS) wallet of TravelByBit misinforms merchants to believe that they receive payment before concluding a transaction. TravelByBit on Supporting Double-Spends A representative of TravelByBit said that there is insurance for merchants…

BCH/USD Surges As Price Of Other Cryptocurrency Pairs Drop

Recently, the aggregate cryptocurrency market is maintaining significant support. Major cryptocurrencies, including ETH, TRX, XLM, EOS, XLP, LTC, and BCH, are having a hard time increasing in price. BCH/USD, on the other hand, is surging following a move to $170. Its price increased to over $180, and as we speak, it is into consolidation close to $185. The upside shows two critical resistances close to $192 and $195; a move over them may take the price towards $ 215. The…

The Distribution of Top Cryptos and Tokens among Crypto Whales

Recently, a report by Clovr indicated that a small group of crypto whales hold the majority of the top cryptos. The report also pointed out that Whales are also in charge of exchange wallets and loads of tokens. Top assets with a remarkable wealth distribution program have over 70% of their supply with top wallets. All of these tokens have a relatively small market capitalization of $ 100 million or less. Every asset possesses different risks of top-heaviness, and a…

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