Category: AltCoins

Bitcoin Cash eyes USD 1000

Bitcoin cash price surged USD 1091 in the past 24 hours and was trading at $850 at the time of this post. The market cap of Bitcoin Cash briefly crossed $18 Billion. The price has been up more than 70% from its price of $543 just 24 hours ago. Most of the volumes are being driven from the Korean market and the overall volumes are up by almost 300 percent. The crypto has been on the run since 3 days now and was trading at $ 300 just a week ago. Bitcoin cash has been establishing a stable base and...

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Bitcoin Cash price Explodes.. Up 88 percent

Bitcoin cash prices surged above $550 today to become the 3rd largest crypto currency by market cap after Bitcoin and Ethereum, pulling Ripple down to 4th spot. Everyone who had got a Bitcoin Cash token (or in simple words everyone who held a Bitcoin) at the time of hard fork on 1 August 2017, stands to gain from the development. Bitcoin Cash was trading at $300 till yesterday and is currently trading at a whooping 88 percent gain at around $ 565. At present, the bitcoin cash market cap is $9.3 billion. Have a look at the chart (From...

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Bitcoin cold storage – A simple guide

It is becoming extremely important for Bitcoin and Crypto traders to ensure security of their coins. It has been advised by several exchanges to store your hard earned Bitcoins in cold wallets during the hard fork on 1 August 2017. But how does a layman do this? There are several products in the market such as KeepKey, Trezor Walletthat provide a devise which can be used to store your coins offline. However, this post is about the simplest and cheapest way to store Bitcoins and AltCoins. Hence, I will suggest use of paper wallets for secure offline storage. Storing...

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Bitcoin split on 1 August 2017. In simple words…

Bitcoin Blockchain is most likely to split into two on 1 August 2017 namely Bitcoin (as we know it today) and Bitcoin Cash (what is being referred to as an AltCoin). This is due to a user-activated hard fork (UAHF) that will bifurcate the Bitcoin into two branches. Bitcoin Cash will have an increased block size of 8 MB and it will remove SegWit code. In simple language, the transaction confirmation time will come down. Bitcoin Cash will increase the limit on the number of transactions that can be processed by the Bitcoin network every 10 minutes. Currently, the...

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Monero Price surges 14% in a day

Monero, one of the top ten crypto-currencies, is seeing a sudden increase in demand in the past 24 hours. The prices have once again crossed the critical resistance level of $45. One of the things that differentiates Monero from Bitcoin and other Crypto-currencies is that an investor can buy Monero under complete anonymity. While it is widely believed that Bitcoin and some other AltCoins can also provide anonymity, it is not really the case. Monero far exceeds any other AltCoin when it comes to privacy and anonymity of the transaction. This is the very reason that a lot of...

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