Crypto market daily report – November 5, 2018
After a long hiatus where most of the major coins were sleepily lying in wait at record low levels, it seems that the bull has finally awakened and there is no better proof of this than Bitcoin Cash.
After a long hiatus where most of the major coins were sleepily lying in wait at record low levels, it seems that the bull has finally awakened and there is no better proof of this than Bitcoin Cash.
Multiple sources close to Bitcoin mining manufacturer Bitmain claim that the company is no longer receiving chips from chief supplier Taiwan Semiconductor Manufacturing Company.
As of Friday, SVPool already accounts for 8.33% of the Bitcoin BCH global hash power, while on a seven-day basis, SVPool is also up to 4.4%.
CoinGeek’s Stephanie Tower spoke to former New York governor David Paterson about how clear regulations could make for a more beneficial blockchain industry.
In this interview with CoinGeek's Becky Liggero, the nChain CEO discusses the three pillars of Bitcoin SV-stability, scalability, and security, %%date%%.
The BCH Boys, Bitcoin BCH enthusiasts who are on a mission to introduce the cryptocurrency to the world, sat down with nChain’s Jimmy Nguyen for an interview.
The tenth installment in a weekly column, A Power of Facing considers the recent debate between BCH evangelist Roger Ver, CEO of Bitcoin.com, and BTC developer Jimmy Song while aboard a European cruise, and if such is ultimately good for the ecosystem.
The cryptocurrency markets continued to lose momentum on Wednesday as most of the major currencies experienced a considerable downtrend with the drops being from 5 to 7% in most cases.
The cryptocurrency markets continued to stabilize after a relatively torrid day on Monday, when most of the coins reached yearly lows.
The cryptocurrency markets registered a slight revival on Friday with most of the major currencies showing a small increase overall. Bitcoin Cash registered a 5% increase to trade at around $520 at press time, but turnover appeared to be weak with selling pressure probably putting the price down further.
In what seems to be another case of déjà vu, the cryptocurrency markets wiped out two weeks of positive gains in a matter of a few hours with the value of the entire market dropping by no less than $40 billion.
Bitcoin Cash held up well on the $630 level and was making small pushes upwards towards the $650 level with a possible breakout towards the $700-$800 levels appearing possible in the next 24-48 hours.