Bitcoin Network Remains Strong Following Halving

Bitcoin’s third block reward halving was completed on May 11 at the 630,000th block and the spot price incurred awesome bullish and bearish pressures as the F2pool miners took the last block reward of 12.5 BTC. Following the halving, Bitcoin Cash and Bitcoin SV networks recorded serious declines and this led to widespread speculation regarding a similar trend for Bitcoin. Nevertheless, it seems Bitcoin’s network is stronger than its forks. BCH and BSV networks recorded a great decline in hash rate after their halving which happened on…

First Came Bitcoin, Then Came Bitcoin Cash and Bitcoin SV

Understanding the difference between Bitcoin, Bitcoin Cash, and Bitcoin SV first requires looking into what hard forks are. They explain how the two latter networks or cryptocurrencies were created from Bitcoin. Blockchain developers forked Bitcoin to create Bitcoin Cash (BCH) the same way they forked Bitcoin Cash to create Bitcoin SV (Satoshi Vision, BSV). So in a way, it is right to say that BCH and BSV are tweaked versions of BTC. Hard forks are irreversible or permanent changes that…

Craig Wright Receives A Threat from A Redditor Saying They’d Use BSV to Buy Drugs

Craig Wright is putting much effort into getting rid of drug users from his Bitcoin SV (BSV), a pet blockchain project, but some people are resisting.  In a recent post on Reddit, an individual just dared Wright, saying he will utilize the BSV native crypto asset to purchase drugs. He said that he would use multiple BSV wallets to pay for narcotics and highlighted that it would be near impossible for Craig Wright and the whole BSV team to know…

Crypto Markets: Price Analysis Of Top Coins In Week Three of February 2020

It has been all smiles and laughs for the crypto community in the last two weeks. Bitcoin has been hovering in the $10 000 marks, a rise that has caused a domino effect to altcoins as their prices increase significantly.  However, this past week (9th-15th Feb), Crypto prices have experienced intense volatility, defying almost all prominent analysts’ predictions.  Take a look at the nitty-gritty details that have been shaping up the crypto markets in the past week. While in that…

The Beginner’s Guide to BitcoinSV (BSV)

BitcoinSV (BSV) is a cryptocurrency that was forked due to a civil war that broke out among some pioneering members of the Bitcoin Cash community. Though the fork was announced earlier in August 2018, it took place on 15th November 2018, which brought forth Bitcoin SV (Satoshi Vision) and Bitcoin ABC (Adjustable Block-size Cap). The team behind Bitcoin SV envisions fulfilling the dream of Satoshi Nakamoto by creating a cryptocurrency that can be used as a peer-to-peer payment method while…

ETH Performs Better than Bitcoin on The Second Week of 2020

Last week, a vast ETH upsurge led to a 20% gain based on the price data from Coin360. ETH’s performance was greater than for Bitcoin, which gained 9% within the period. Nevertheless, ETH’s performance was lower than other altcoins that saw massive parabolic rallies within a few days. BSV close to 250% at the Zenith of the rally this week, ETC secured 100% gains as Zcash more than doubled. Crypto analysts worry about the immediate direction of ETH, despite its…