Despite Bitcoin Halving, Analyst Charts That BCH Will Drop Below $100

After an extremely strong rally of over 100% from the March lows, Bitcoin Cash and the rest of the crypto market have started to reverse over the past few days. BCH in and of itself has shed approximately 15% from its highs, crushed as sellers take over the market. Most analysts assert that this drop […]

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Are Bitcoin Miners Pumping BTC’s Hashrate to Profit from Halving?

There’s a notable increase in bitcoin’s mining hash rate, as miners now seek to acquire as many coins as possible before May’s block reward halving. As Always, Economic Incentives Drive Mining Not surprisingly, Bitcoin’s major price drop last month resulted in an equally notable drop in mining. Older, less-efficient rigs simply became too unprofitable to […]

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Did Somebody Turn Off the Bitcoin Cash Transaction Generator?

With everybody busy bulk buying toilet paper and bemoaning the decreasing value of their portfolio, nobody seems to have noticed the crash in Bitcoin Cash transaction numbers. Until this morning that is, when Jameson Lopp pointed it out in a tweet. Halving Comes Early Joking that “The bcash (transaction) halving came early,” and “someone turned […]

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Major Bitcoin Proponents Ask Court to Drop $4B Network Hijacking Lawsuit

Several prominent players tightly related to the Bitcoin Cash (BCH) cryptocurrency network asked to be dismissed from a suit over their alleged “hijacking” of the crypto coin network. United American Corp. Saw a Conspiration to Hijack the Bitcoin Cash Network The lawsuit (United American Corp. v. Bitmain, Inc. et al.), facing off United American Corp. […]

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Bitmain Allegedly Looking for $500 Million in Upcoming U.S Share Sale

According to Bloomberg sources, Chinese Bitcoin mining giant, Bitmain Technologies Ltd, is looking to launch an initial public offering (IPO) in the U.S, to raise $300- $500 Million. Bitmain Reportedly Planning U.S IPO New 2019 price highs, renewed optimism, and other indicators show that investment in Bitcoin mining is about to be as profitable as […]

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