Analysis
Is gold becoming inflationary? Can Bitcoin replace it as a store of value due to its scarcity and reliability? Are Uganda’s numbers implausible? Questions arise.
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Bitcoin Gold News
Bitcoin Gold (BTG) is a new kind of cryptocurrency that came about as a result of a Bitcoin hard fork and is aimed to be more decentralized than Bitcoin. BTG was founded in 2017 by Jack Liao, who was CEO of the mining software company Lightning ASIC, headquartered in Hong Kong. BTG uses the same PoW consensus algorithm as BTC does, so the main difference between them is the use of Equilash hash algorithm instead of SHA 256 in order to prevent Bitcoin Gold mining unless it is done with ASIC equipment. Bitcoin Gold’s price also depends on buyers’ interest and, despite the fact that many BTC holders have exchanged their crypto money for BTG when it first appeared, Bitcoin Gold’s future is still unknown, as currently it is only ranked 20th by market cap.
- Altcoin Watch
Investors could be mistakenly linking the bank with the 2017 Bitcoin hard fork, causing a spike in price and trading action.
51889 - News
ASIC miners are the best option for Bitcoin network security well into the future, new research has found.
8306 - News
Goldman Sachs will soon host a conference call discussing the impacts of the current economic crisis on Bitcoin, gold, and inflation.
13356 - News
BTCs halving seems to be the only one on the minds of traders, with several forks correlating with BTC in the run-up to their halvings.
5211 - News
Bitcoin Gold appears to have been taken over by a single whale that controls price action and is preventing the coin from rising too quickly for a later sell-off.
21371 - News
The Bitcoin Gold blockchain suffered a second 51% attack in two years, leading to $70,000 worth of BTG being double spent.
9826 - News
California-based crypto wallet service Abra will restrict U.S. users from holding EOS and other altcoins in August.
13733 - News
A new website spreads crypto-stealing malware by imitating the website Cryptohopper, a legitimate website where users can program tools for automatic trading.
11646 - Analysis
- News
Bittrex will delist Bitcoin Gold by September 14, following an $18 million double-spending hack of BTG in May.
12237 - News
Argo Blockchain, which enables users to mine crypto from home, is reportedly the first crypto-related company to be listed on the LSE.
26755 - Analysis
Forking of Bitcoin’s original chain could become quite the trend in the coming year
91958 - New Year Special
Bitcoin’s wild ride in 2017 included a number of notable hard forks from the original Blockchain.
48549 The price of IOTA (MIOTA) drops 15% to below $4.20 as of press time, after reaching an intraday high of $5.03 yesterday
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