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Posts Tagged ‘Cash’

Bitcoin BTC block rewards halving from 12.5 to 6.25 occurs on may 12 40 days away Bitcoin cash BCH having on april8 passover Genesis mining says most miners liquidate their coins straight away# Expect less selling as holders take ov…

Bitcoin BTC block rewards halving from 12.5 to 6.25 occurs on may 12 40 days awayBitcoin cash BCH having on april8 passover Genesis mining says most miners liquidate their coins straight away# Expect less selling as holders take over — peter hunt (@deagle110) April 4, 2020 Source by peter hunt

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Bitcoin Cash Halving in T-Minus 16 Hours, BSV to Follow

Bitcoin Cash (BCH) will complete its block reward halving over the next 24 hours, with Bitcoin Satoshi’s Vision (SV) following shortly after.  One of Bitcoin’s most controversial forks, Bitcoin Cash, will halve in approximately 16 hours as of press time, cutting its block reward from 12.5 BCH down to 6.25.   Bitcoin forks follow the original…

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Egyptian Central Bank Limits Cash Withdrawals, Bitcoin Fixes This

As panic and uncertainty mount due to the coronavirus, Egypt has become the latest country to limit bank withdrawals. Individuals can now only take out a maximum of $635 per day from their bank and just $317 from ATMs. Bitcoin fixes this. Egypt Banks Limit Cash Withdrawals According to the New York Times on Sunday,…

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Some Hoard Cash, Others See Its Demise From Coronavirus- CoinDesk

Is a cash-based society sustainable in the age of coronavirus? Hoarders say yes, health experts say maybe and the visionaries say no: COVID-19 is the catalyst for systemic payments change. This wrecking ball of a virus stands to change the way consumers, and businesses, think about their use of physical currency. In many countries, cash…

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Bitcoin Cash Miners Leave Network for BTC Amid Difficulty Drop

It’s troublesome times for everyone right now, not least for miners. But as Bitcoin experiences its second-largest drop in mining difficulty at 15.95%, miners have started abandoning BCH for the leading cryptocurrency. Miners Move After Difficulty Drop Soon after suffering a brutal sell-off inline with traditional markets, and the worst in seven years, the Bitcoin…

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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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Growth Addicted Asian Nations Hand Out Free Cash as Economies Crash

Nations across Asia are scrambling to prop up their deteriorating economies as the Coronavirus continues to spread. Some are so obsessed with growth that they are handing out free cash to citizens. Hong Kong Hit Hard The Hong Kong economy has been battered over the past year or so as protests and rioting gripped the…

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Bitcoin Price Hits $15k in Lebanon Amid Worsening Cash Crunch

The Bitcoin (BTC) price premium in Lebanon is now over 50% with the average price quoted by peer-to-peer (P2P) sellers reaching $15,000. Lebanese Bitcoin Price Premium Continues to Rise According to data from P2P BTC trading platform Localbitcoins, the Bitcoin price premium in Lebanon is still on the rise, with sellers demanding as much as…

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Bank of Canada Governor Still Backs Cash Over Crypto

During the presentation, given to The Empire Club of Canada, Governor of the Bank of Canada, Stephen S. Poloz laid out some interesting reasons why he believes cash is better than crypto. Modernising Canada’s Ageing Payments Systems Poloz spoke about the role of technology in affecting how Canadians made payments. He suggested that the majority…

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Bitcoin Cash Could Go Up 1000x, Roger Ver Says

Former Bitcoin.com CEO, Roger Ver, was shilling Bitcoin Cash on CNBC’s Power  Lunch yesterday. During the interview, Ver maintained his position that BCH “is the real Bitcoin”, and suggested that it could go up in price by 1000 times the current value. Ignore Local Crashes; Crypto Is Here To Stay Ver first defended the past…

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