Over the summer Andrew Left reminded the market that GBTC’s premium was substantial and everyone panicked and sold. Let us not repeat that event.
Cryptocurrency news from around the world and beyond. We cover what happening with cryptocurrency today. We cover things like countries embracing or rejecting cryptos, price milestones for Bitcoin and Alts, new projects, upcoming forks, etc.
Bitcoin did another hard fork, the coin created this time is Bitcoin Diamond. The fork occurred at block height 495866.
Tehter was reportedly hacked on Nov. 20th. This caused a quick sell-off of all things crypto. However, most coins quickly recovered.
Bitcoin came back from a correction to $5.5k to break $8k by Nov. 19th. For the moment it looks like Bitcoin will remain King/Queen.
Despite an official cancellation it seems a group of miners went ahead with Segwit2x anyways. The Bitcoin Segwit2x fork happened at block 494,784. This block occurred early Nov. 17 Pacific Time.
Right now Coinbase isn’t saying anything about Bitcoin Cash other than what they said in the past. Their silence is deafening.
If you held Bitcoin during the Bitcoin Gold fork, you now have equal parts Bitcoin Gold. Although you can claim your Bitcoin Gold, you should consider “hodling.”
If you aren’t aware, Bitcoin and Bitcoin Cash are in a war of sorts, both on the exchanges and on social media. That makes it a risky time for both assets.
The entire crypto market (with the sole exception of Bitcoin Cash) entered a correction period today. This is was spurred on by claims Bitcoin Cash is the new Bitcoin.
Bitcoin’s price dropped a bit, meanwhile Bitcoin Cash’s price rose. Bitcoin.com (just a great domain, not an official site) even said it was going all in on Bitcoin Cash.