Category: Bitcoin News

Gatecoin Will Not Support the B2X Altcoin Moving Forward No Comments

By far the most controversial topic of debate in Bitcoin is SegWit2x. This upcoming hard fork is a key moment in the history of the world's biggest cryptocurrency. For supporters of this fork, things aren't looking great, though. A lot of companies won't support it or pull support pretty soon. Gatecoin even announced they will not support B2X in any capacity whatsoever. Gatecoin is one of the ...


Coinbase to List Bitcoin as BTC After SegWit2x Hard Fork in November, Full Transparency No Comments

Coinbase, the world’s largest bitcoin wallet platform and cryptocurrency startup with a $1.6 billion market cap, has released an update on its support for SegWit2x and Bitcoin Gold, clarifying that the original Bitcoin blockchain will continue as “BTC” without the need for conditional integration. In an official announcement, Coinbase stated: “The Bitcoin Segwit2x fork is projected to ...


Bittrex Release Statement on Bitcoin Gold No Comments

One of the planet's largest cryptocurrency exchanges, Bittrex, has announced that they will not support Bitcoin Gold trading immediately. Whilst they state that all Bitcoin (BTC) balances will indeed be credited the equivalent number of Bitcoin Gold (BTG) tokens following the hard fork, they will not provide trading options for the asset. At block 491,407, a snapshot of the blockchain will occur, ...


Prince Alwaleed: Bitcoin is “Enron in the Making” No Comments

In a statement that will no doubt have many readers uttering "well, duh", Saudi Arabian businessman and billionaire Prince Alwaleed has come out with scepticism about Bitcoin. Speaking on CNBC's "Squawk Box", the grandson of the first Saudi King had the following to say of the digital asset: It just doesn't make sense. This thing is not regulated, it's not under control, it's not under the superv...


Bitcoin Investors Using Trezor Will be Credited With Bitcoin Gold, Once Code is Ready No Comments

Bitcoin investors and holders using the Trezor bitcoin hardware wallet prior to the Bitcoin Gold (BCG) hard fork that is expected to be executed on November 26, will be credited with BCG. Earlier today, on October 23, Trezor stated: “Yes, TREZOR (the device) supports Bitcoin Gold. As previously mentioned, at the moment of the fork, if you have bitcoins on your TREZOR, you will also receive b...


Businesses in Zimbabwe are Forced to Embrace Bitcoin to Pay Bills No Comments

The financial situation in Zimbabwe is no joke these days. Without an official national currency, the entire region relies on the US Dollar. This also opens up new opportunities for other forms of money, including Bitcoin. While one BTC is valued at almost twice the marketplace, this is not due to speculation. Instead, businesses have bills to pay and they need Bitcoin to do so. A very surprising ...


Bitcoin Gold Hard Fork Likely to Occur Before SegWit2x, Impact on Investors No Comments

Earlier this month, highly regarded Bitcoin developer and Paxos principal architect Jimmy Song revealed that the Bitcoin Gold (BCG) hard fork will likely occur before the SegWit2x hard fork, which is expected to be executed in mid-November. What is Bitcoin Gold? Response From the Industry According to Song, Bitcoin Gold is a hard fork proposal drafted and introduced by bitcoin miner Jack Liao. T...


NewsBTC Bitcoin Cash Hard Fork

Bitcoin Cash to Undergo Hard Fork on November 13th No Comments

Hard forks have suddenly become pretty common in the world of Bitcoin. In most cases, they introduce some major changes for the currency in question. Bitcoin Cash, the "Bitcoin hard fork" currency, will undergo such a protocol change of its own. On November 13th, the fork will go through a hard fork and introduce some new changes. Especially the mining difficulty adjustment algorithm will need som...


DC Avanti, supercars vis btc, cars, india

Bitcoin Can Now Buy Cars in India No Comments

From all angles, India is a country that shows size when it comes to new technology adoption. And just like many other technologies, the country has decided to cash in on the blockchain technologies, bitcoin, and cryptocurrencies in general. Right from possible legalization to ICOs, India has engaged itself in the cryptocurrency market for some time now. Unlike the west and the far east, there ...


NewsBTC Japan Bitcoin Gold

Only one Japanese Exchange Will Effectively Trade Bitcoin Gold No Comments

No one can deny we have seen plenty of debates regarding Bitcoin Gold as of late. The bigger question is which service providers will effectively support this altcoin. Over in Japan, it seems the opinions are somewhat divided for the time being. bitFlyer plans to distribute and trade BTG, which is perhaps the most notable announcement Other platforms would like to wait and see how things play out....


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