$140 Million in Bitcoin Moved from Mt.Gox Wallet This Morning

Approximately 16,000 BTC associated with the infamous and now-defunct Bitcoin exchange Mt. Gox were moved on Thursday, sparking speculation that the estate’s trustee is preparing to liquidate more coins. The transactions — worth nearly $141 million — were first flagged by CryptoGround — a service that monitors Mt. Gox’s Bitcoin and Bitcoin Cash wallets. Blockchain … Continued

The post $140 Million in Bitcoin Moved from Mt.Gox Wallet This Morning appeared first on CCN

Pfeffer Capital Investor: Bitcoin to Replace Gold While Market Cap Could Be Worth $6 Trillion

A major institutional investor has made the claim that the entire bitcoin network could one day be worth over $6 trillion. Bitcoin to Replace Gold Speaking at a Sohn investment conference in New York, John Pfeffer, a partner at U.K.-based Pfeffer Capital, said that the cryptocurrency could replace gold. He also made the bullish claim that it

The post Pfeffer Capital Investor: Bitcoin to Replace Gold While Market Cap Could Be Worth $6 Trillion appeared first on NewsBTC.

Bitcoin in Brief Thursday: Big Money Wears Big Horns, Claws Are In the Closet

Bitcoin in Brief Thursday: Big Money Wears Big Horns, Claws Are In the ClosetIn today’s Bitcoin in Brief we’re talking about big money and big expectations. While the ratio between bulls and bears is constantly changing in the crypto market arena, experts working with venture capital investments and large crypto trades report positive trends and share optimistic sentiments. On that backdrop, “Why is our digital society still using […]

The post Bitcoin in Brief Thursday: Big Money Wears Big Horns, Claws Are In the Closet appeared first on Bitcoin News.

Tom Lee Would Put “Fresh Money” into Bitcoin Instead of Bitcoin Cash

As the Bitcoin Cash hard fork date approaches wall streets favorite crypto analyst Tom Leee sides with Bitcoin over Bitcoin cash for new money. Lee Likes Bitcoin Over Bitcoin Cash Tom Lee sat down with the panel of CNBC’s Fast Money once again to talk about the differences between Bitcoin and Bitcoin cash at the

The post Tom Lee Would Put “Fresh Money” into Bitcoin Instead of Bitcoin Cash appeared first on NewsBTC.

Bitcoin Cash Price Technical Analysis – BCH/USD Broke Key Support

Key Points Bitcoin cash price extended its downside move and traded below the $1,350 support against the US Dollar. Yesterday’s highlighted crucial bullish trend line with support near $1,355 was breached on the hourly chart of the BCH/USD pair (data feed from Kraken). The pair is now consolidating losses above the $1,240 level and it

The post Bitcoin Cash Price Technical Analysis – BCH/USD Broke Key Support appeared first on NewsBTC.

How Bitcoin Cash Can Avoid the Same Mistakes as Bitcoin Core, Part 1

How Bitcoin Cash Can Avoid the Same Mistakes as Bitcoin Core, Part 1The following opinion piece was written by Jonald Fyookball. The bitcoin cash (BCH) community understands key principles: Bitcoin should be a peer to peer Electronic Cash system; most users can use SPV wallets instead of running their own node; “second layer” scaling solutions are often unnecessary and problematic. While important, and it places the BCH […]

The post How Bitcoin Cash Can Avoid the Same Mistakes as Bitcoin Core, Part 1 appeared first on Bitcoin News.