GBTC Trust Announces Plans For Bitcoin Cash Fork
Despite being somewhat unclear on other forks, there was a press release from Greyscale that discussed Bitcoin Cash distributions for GBTC shareholders.
GBTC Isn’t Doing Itself a Favor Being Unclear on the Forks
GBTC could cause major problems by being unclear on what it plans to do with the Bitcoin forks. There is only one answer, HOLD all coins in the trust.
The Risks and Rewards of “Being in BitCoin For the Fork”
At block 494,784 (estimated to occur Nov. 16) Bitcoin will fork in two. Bitcoin holders will get 1 Bitcoin Segwit2x for every Bitcoin they own. That is a big reward, but there are risks.
Is Bitconnect a Scam?
The internet is buzzing with two ideas 1. Bitconnect is a great opportunity and 2. Bitconnect is a scam. Is Bitconnect a good deal, is it a scam, is it both?
Bitcoin Futures Trading Announced
On Oct. 31st it was announced that the CME group plans to offer Bitcoin futures trading.
Watch Out For Cryptocurrency Scams
As cryptocurrency becomes more popular, more and more scammers come out of the woodwork.
SEC Warns of Initial Coin Offering Scams
The SEC added to their ongoing list of warnings about crypto by warning about ICOs twice this week. We explain both SEC warnings.
Bitcoin Hits $7K
Bitcoin went to $7k after going up over $1k in less than a week. The quick rise was due in-part to an upcoming fork and a Bitcoin futures trading announcement.
With BTC at $6.5k, One Might Ask, “Is Ether a Good Buy at $300?”
Bitcoin, the crypto with the highest market cap is at a high of $6.5k. Ether, the crypto with the second highest market cap is stagnant at $300. Is Ether undersold?
When is the Segwit2x Fork?
The Bitcoin Segwit2x fork happened at block 494,784. This block occurred on Nov. 17. Anyone with Bitcoin before the block now has equal parts Segwit2x.