Sci-tech

"Bitcoin Cash" Finds Ultimate Support From Major Exchanges

Two of the world's largest digital currency exchanges have changed their minds and made a decision to support the new asset "bitcoin cash", but customers will have to wait until January 2018 to gain access to their tokens. In early trading, South Korean speculators and investors pushed BCH to a daily high of 959,000 KRW, or approximately $850.00 at current exchange rates.

Bitfinex began crediting customers with the new cryptocurrency on August 1, immediately after the first BCH block was mined. It won't happen overnight, however, as Farmer said they plan to have support in place by January 1, 2018 (assuming that nothing insane happens in the interim).

Finally, in an announcement on its website, Bitfinex revealed that the coefficient used for distributing BCH was 0.8539.

Over the past few days, however, Coinbase weighed factors including customer demand, trading volumes and security and ultimately decided that they will work to add support for Bitcoin Cash. Furthermore, the Crypto-exchange stated that the next step will be to open BCH withdrawals.

At press time, BCH is trading on Bithumb at an effective Dollars price of $571, which is more than double the exchange rates now quoted on Bitfinex, Bittrex, ViaBTC and HitBTC.



Like this

Latest


05 August 2017
Escort Relationship May Have Led To $6M In Credit-Card Fraud
In a series of frantic texts Lundberg messaged Kennedey about financial worries surrounding a salon she intended on opening. Crystal Lundberg , 31, was Kennedy's escort who he solicited services from eight to 10 times between 2012 and 2015.

05 August 2017
Hilary Duff Tells Body Shamers to 'Kiss My Ass'
She also acknowledged her "celeb flaws" by saying that even if her body isn't ideal , she really couldn't care less. She also encourages women to be proud of their flaws, as it shows that we are all different.

05 August 2017
Western Union Company (The) (NASDAQ:WU) To Release Earnings
Western Union's Consumer-to-Consumer segment is involved in individual money transfers from one consumer to another. BidaskClub cut Western Union Company (The) from a "hold" rating to a "sell" rating in a report on Friday, June 9th.

05 August 2017
Monarch Casino & Resort (MCRI) Receives Media Sentiment Score of 0.13
Northern Trust holds 0% or 152,937 shares. 308.32 million shares or 0.78% more from 305.94 million shares in 2016Q3 were reported. News articles about Monarch Casino & Resort (NASDAQ:MCRI) have been trending somewhat positive recently, Accern reports.

05 August 2017
Taiwan Semiconductor Manufactur (TSM) Investment Decreased by William Blair Investment Management, LLC
State Board Of Administration Of Florida Retirement Sys holds 0.06% or 158,206 shares in its portfolio. (NYSE:GNRC). On December 1 the company was set at "Buy" according to a HSBC report which was a boost from the previous " rating.

05 August 2017
Delta Air Lines, Inc. (NYSE:DAL) Given "Buy" Rating at Stifel Nicolaus
Delta Air Lines (NYSE:DAL) last released its quarterly earnings data on Thursday, July 13th. 96,092 are held by Afam Cap. Point72 Asset Management Lp increased Allied Wrld Assur Com Hldg A (AWH) stake by 39.45% reported in 2016Q4 SEC filing.

05 August 2017
UBS Group AG Sells 53831 Shares of Bed Bath & Beyond Inc. (BBBY)
About 608,491 shares traded. (NASDAQ: BBBY ) news were published by: Nasdaq.com which released: "Glenview State Bank Trust Dept. The retailer reported $0.58 earnings per share for the quarter, missing the consensus estimate of $0.66 by $0.08.

05 August 2017
Putin to consider possibility to run for president again
Eighteen percent said that they would prefer somebody else in the position and 16 percent declined to give an unambiguous answer. Other parliamentary parties demonstrated much lower support.

05 August 2017
BHP Billiton Limited (BHP) Given News Sentiment Rating of 0.19
Capstone Asset Management Co.'s holdings in BHP Billiton PLC were worth $1,896,000 at the end of the most recent reporting period. COPYRIGHT VIOLATION WARNING: This news story was reported by Transcript Daily and is the property of of Transcript Daily.

05 August 2017
Two Pokemon Go veterans take down a Legendary raid by themselves
You can also tag back into a raid if you die, so having an entire legion of Golems helps if you can just keep them coming. So far, there's not a really good explanation for why this glitch is happening in Pokemon Go or how to trigger it.



Recommended