Welcome to my Cryptocurrencies Markets Overview for Wednesday, September 20, 2017.
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Bitcoin Chart
The Bitcoin price just broke the downward trend line...
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Latest Crypto News - September 20, 2017
Bitcoin Software Wars: Discussions Heat Up as November Hard Fork Approaches
September is almost over, and the Segwit2x plan to hard fork the network’s block size to 2MB is approaching quickly. Because time is running out the topic is once again heating up, as some New York Agreement (NYA) signatories have removed themselves from the list, with arguments between users and industry members continuing to escalate.
Read more: bitcoin.com
Bitcoin Is Likely to Split Again in November, Say Major Players
Bitcoin is looking increasingly likely to splinter off again in November, creating a third version of the world’s largest cryptocurrency as miners and developers pursue separate visions to scale its rapidly growing marketplace.
Read more: bloomberg.com
Here’s why the crackdown on bitcoin in China is ‘not a real problem’ for the digital currency
Cryptocurrency investors are shaking off reports of a regulatory crackdown on bitcoin in China. That’s because traders view recent news and rumors as peripheral to the digital coin’s future success and potentially temporary.
Read more: businessinsider.com
Opinion: Here’s a reason why China would want to shut down bitcoin
The cryptocurrency’s surge conflicts with Beijing’s focus on a strong and stable yuan, writes Ivan Martchev.
Read more: marketwatch.com
Optimizing SegWit: How Bitcoin's New Software Is Giving Scaling a Boost
Even after the bitcoin blockchain upgraded to support Segregated Witness (SegWit) last month, ending perhaps the network's most heated debate on direction to date, the optimization has yet to leave much of a mark. To date, only just over 3 percent of transactions are actually taking advantage of the upgrade.
Read more: coindesk.com
Australia Ends Double Taxation of Bitcoin, Cryptocurrencies
As China bans ICOs, the Australian government is moving in the opposite direction.
Read more: cointelegraph.com
Raiden Release: Simpler Micropayments Go Live on Ethereum's Testnet
The developers behind Raiden Network have launched an early version of the scaling solution on the ethereum test network.
Read more: coindesk.com
Ethereum Price Struggles to Reach $300 as Trading Volume Drops
Not much is happening in the world of cryptocurrencies right now. It appears a lot of coins are going through another round of price corrections, mainly because Bitcoin is struggling to make any significant moves. The Ethereum price isn’t doing all too great, as it failed to surpass the $300 mark. In fact, its value has gone down by 1.23% over the past 24 hours.
Read more: themerkle.com
Bitcoin Cash Price Eyes $500 Target but Will Likely Retrace Soon
While most people are keeping an eye on the Bitcoin price, there are other currencies making some moves as well. With most of the market in a bearish or sideways mode for now, Bitcoin Cash is trying to make an impact. The Bitcoin Cash price has increased by 4.79% over the past 24 hours and reaching $500 is certainly possible. An interesting trend to keep an eye on, even though many people still doubt the viability of BCH.
Read more: themerkle.com
China's IT Ministry Backs New Blockchain Research Lab
Regardless of its recent crackdown on bitcoin exchanges and initial coin offerings (ICOs), China's government still appears committed to the potential of blockchain in other areas.
Read more: coindesk.com
Bitcoin.com's Ver Says Future Is Brighter Than Ever
Roger Ver, chief executive officer at Bitcoin.com, discusses the safety of the cryptocurrency, his outlook for the technology, Bitcoin Cash and where prices are heading. He speaks on "Bloomberg Daybreak: Asia."
