The Bitcoin price has increased by $1100, from $1,830 to $2,930, within a 5-day period! A surge of 60% in just 5 days... Wow!
Segwit2X (BIP 91) has now locked in and will be activated next Sunday. Segwit2X will pave the way for full activation of SegWit on Bitcoin and a 2MB block size limit hard fork three months later.
And this all happened on MOON Day. Exactly 48 years ago today, Apollo II landed the first humans on the moon. One small BIP for Bitcoin. One giant leap for the Bitcoin price. Bitcoin to the moooon! :)
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Latest Crypto News - July 21, 2017
BIP 91 Has Locked In. Here’s What That Means (and What It Does Not)
Bitcoin Improvement Proposal 91 (BIP 91) just locked in. Up to 90 percent of all hash power signaled support for this soft fork, which implies miners intend, in turn, to trigger Segregated Witness (SegWit) activation. By extension, this should make BIP 148 obsolete and August 1 a non-event.
Read more: bitcoinmagazine.com
BIP 91 Locks In: What This Means for Bitcoin and Why It's Not Scaled Yet
BIP 91 has officially locked in. At press time, bitcoin's miners, the network of computer operators that secure the blockchain, have now been signaling that they will upgrade the code for 269 blocks in the same signaling period, a move that takes the software one step closer to changing its structure to accommodate more transactions.
Read more: coindesk.com
Russia Prepares to Legalize ICOs
Russia is currently working on a regulatory framework to legalize Initial Coin Offerings (ICOs), local publications reported on Wednesday. This is in addition to a bill that is being finalized to recognize cryptocurrencies such as bitcoin and ether.
Read more: bitcoin.com
Ripple Reports Uptick in Investor XRP Interest as Sales Triple in Q2
A new report from distributed ledger startup Ripple suggests institutional investors are increasingly interested in its native cryptocurrency, XRP.
Read more: coindesk.com
ECB President: Cryptocurrency Price Boom Having Limited Effect on Economy
The president of the European Central Bank (ECB) has issued remarks addressing the rising interest in cryptocurrencies as an asset class.
Read more: coindesk.com
ICO Mania: $1.2 Billion Raised in 2017, $600 Million in the Last 30 Days
More than $1.2 billion in cryptocurrency was raised through ICOs in the first half of 2017, far outstripping venture capital investment in blockchain and Bitcoin firms. About $600 million was raised in last 30 days alone.
Read more: cryptocoinsnews.com
