Tag: bitcoinnews
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Explained: Margin Trading For Cryptocurrency
Margin trading with cryptocurrency allows users to borrow money against their current funds to trade cryptocurrency “on margin” on an exchange. In other words, users can leverage their existing cryptocurrency or dollars by borrowing funds to increase their buying power (generally paying interest on the amount borrowed, but not always). For example, you put down $25 and…
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Bitcoin for Beginners: How to Safeguard Your Cryptocurrency Holdings
There was once a time when a bitcoin was worth about as much as the spare change down the back of your sofa. Now, one bitcoin is worth your sofa, your armchair, and every other item of furniture in your living room. Gone are the days when maintaining military grade opsec was the preserve of…
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Bitcoin Soars to $3,200 in New All-Time High; Bitcoin Cash Drops to Fourth
The price of bitcoin has exceeded its previous all-time high of $3,000, soaring to $3,200 for the first time. Figures from Coinbase show the market started moving around 03:00 a.m. when bitcoin’s price climbed above $2,900. At 10:30 a.m., bitcoin recorded a new historic high when it reached $3,200. Today’s new high pushes the the…
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Coinsource Installs Oklahoma’s First Bitcoin ATM, Bringing Network To 121
The Coinsource bitcoin ATM network has installed the first bitcoin ATM in the state of Oklahoma, bringing the network to 121 machines in the U.S. Coinsource installed the bitcoin ATM in the southwestern hub of Oklahoma City at Speed Mart 1, located on 3462 SW 29th St., where it is 24/7 accessible. According to coinradaratm.com, which tracks bitcoin…
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Fork Watch: First Bitcoin Cash Block Mined Included Over 6K Transactions
As Bitcoin.com reported earlier today, Bitcoin Cash miners initiated the beginning of the fork on August 1 at 12:37 p.m. UTC at block height 478558. Now, six hours later Viabtc mined the first Bitcoin Cash block (nr 478559) at 6:14 pm GMT. This was followed by the second block (nr 478560) that was also mined by the…
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Bitcoin Cash Just Mined its First Block, Making Blockchain Split Official
A controversial bitcoin spinoff called Bitcoin Cash has officially broken off from the main network, forging ahead with its own blockchain. Nodes running Bitcoin Cash diverged from the network earlier this morning, but hit a quick roadblock given the absence of a larger-than-1-megabyte block to actually trigger the split. The block in question was mined by 478,559,…
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Bitcoin Cash 101: What Users Need to Know Before Tomorrow’s Fork
Bitcoin is headed toward a fork tomorrow. Whether that happens for sure remains to be seen, but if it does, and you hold bitcoin, there are a few things you will want to keep in mind. First, starting August 1 at about 12:20 UTC, mining pool ViaBTC will give miners who are a part of…
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Bitcoin Cash Futures Plunge as UAHF Approaches
We are now less than 24 hours away from the start of the latest Bitcoin Civil War. On August 1, shortly after 12:20 pm UTC, segwit opponents will launch a user-activated hard fork (UAHF) to create Bitcoin Cash. The creators of Bitcoin Cash believe support for segregated witness was a mistake – and a diversion from…
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Bitcoin Investment Vehicle Fined $120k by Nasdaq Exchange
The provider of a publicly traded bitcoin exchange-traded note (ETN) has been fined over $120,000 by Nasdaq Stockholm for infractions of exchange rules and financial regulations. The stock exchange’s Disciplinary Committee announced today that it had levied the fine because the company, XBT Provider, violated provisions in its Internal Rule Book and certain regulations of the Financial Instruments Trading…
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Startups Brace for Bitcoin Cash Fork in Wave of Policy Updates
What should we do about Bitcoin Cash? That’s the question facing industry startups, as it seems likely that a group of developers and miners might actually fork from the main bitcoin network next week, forming a brand new cryptocurrency. Due to differences in opinion about how bitcoin should be governed and what technical features should be…