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Another major cryptocurrency exchange has announced that they deem recent the recently created Bitcoin ABC to be the true Bitcoin Cash. Hong Kong-based OKEx will relist the digital currency under the original Bitcoin Cash ticker, BCH. The announcement is the latest example of a large trading venue deciding similarly. Previously, both Winklevoss twins-founded Gemini and Coinbase…
When a blockchain forks, the new chain is often seen as an improvement over the existing one. The loyalties of the developers and crypto communities may be divided, but failure to come to consensus will result in a forked chain. Stress Test Breaks BSV This is exactly what happened to Bitcoin Cash last week and…
Brian Kelly, founder and CEO of cryptocurrency investment firm BKCM, has said the market is experiencing a “crypto civil war” as the announced “hard fork” in Bitcoin Cash failed to gain consensus among peers in the community. The disagreement is behind the plunging digital currency market, with Bitcoin losing the $6,000 handle on Wednesday, Kelly…
Markets creeping back up; XRP, Nem and Siacoin performing well. Crypto markets have crept back up a little since yesterday’s dump. They are still stuck at the bottom though as any upward momentum is lost after a few days. Market capitalization is approaching $220 billion once again but gains are small. Bitcoin, which has been…