This Week in Bitcoin: Markets Wobble While Fees Keep Soaring

This Week in Bitcoin: Markets Wobble While Fees Keep SoaringBitcoin never sleeps or slows. With the holidays approaching, there was zero chance of the world’s leading cryptocurrency taking a break so we could tend to last-minute shopping and drinking. Like the primadonna that she is, this week in bitcoin continued the year’s trend of hogging the limelight, with tales of rising fees and Coinbase […]

The post This Week in Bitcoin: Markets Wobble While Fees Keep Soaring appeared first on Bitcoin News.

Go to Source

Powered by WPeMatico

Bitcoin Network Fees Are Irritating Cryptocurrency Proponents

Bitcoin Network Fees Are Irritating Cryptocurrency ProponentsOver the past week, there’s been heightened tension around the conversation about bitcoin fees and confirmation times. Many individuals have been complaining about unconfirmed transactions and average median transaction fees, costing $31-52 USD on December 23. With bitcoin being divisible by eight decimals, many of those decimals are rendered useless as small amounts of satoshis […]

The post Bitcoin Network Fees Are Irritating Cryptocurrency Proponents appeared first on Bitcoin News.

Go to Source

Powered by WPeMatico

Five Ways for the Ultra-Paranoid to Store Their Bitcoin

Five Ways for the Ultra-Paranoid to Store Their BitcoinDo you sleep easy at night, knowing how many thieves would love to steal your bitcoin? At this very moment, hackers are probing your cryptocurrency exchange for weaknesses. They’re gathering information about you – where you live, your pet’s name, your favorite football team – with a view to social engineering. They’re crafting malware laden […]

The post Five Ways for the Ultra-Paranoid to Store Their Bitcoin appeared first on Bitcoin News.

Go to Source

Powered by WPeMatico

Coinbase Deems European Market Insufficiently Healthy to Trade Bitcoin Cash

coinbase logoA lot of people were quite surprised to see Coinbase enable Bitcoin Cash trading a few days ago. Indeed, it was a pretty intriguing decision, although the altcoin has cemented its place in the world of cryptocurrency. Unfortunately, it seems European users will have to wait a while longer before they can buy BCH with their euros. According to Coinbase, that’s because European markets are “not sufficiently healthy.” It’s an interesting decision, to say the least. No EUR/BCH Market for Coinbase On one hand, it is good to see Coinbase make this smart decision well ahead of time. After all, it can’t afford

Go to Source

Powered by WPeMatico

Coinbase Accused of Technical Incompetence After Hoarding Millions of UTXOs

Coinbase Accused of “Technical Incompetence” After Hoarding Millions of UTXOsThe Coinbase development team has been accused of “technical incompetence” after amassing millions of UTXOs through careless housekeeping. Unspent Transaction Outputs, or UTXOs, are the change that’s left after sending a bitcoin payment. Wallet providers are supposed to sweep these crumbs up and bundle them in with future transactions. Coinbase, it transpires, has been hoarding […]

The post Coinbase Accused of Technical Incompetence After Hoarding Millions of UTXOs appeared first on Bitcoin News.

Go to Source

Powered by WPeMatico

Coinbase Launches an Investigation After Major Bitcoin Cash Price Manipulation

THeMerkle Bitcoin Cash CoinbaseIt has been a pretty eventful day for the Coinbase team as well as supporters of Bitcoin Cash. Although it was only a matter of time until this altcoin was added to the platform, things have worked out in a rather interesting manner. More specifically, the company temporarily froze all trading activity across both its platforms due to illegitimate behavior. Things got so out of hand that the Coinbase team decided to launch an official investigation regarding the matter. It’s a very problematic development, although it remains to be seen if this investigation will turn up anything suspicious. Coinbase Isn’t Happy About the Bitcoin Cash Manipulation

Go to Source

Powered by WPeMatico

Lakestone Bank & Trust Threatens Coinbase User With Stern Letter

TheMerkle Lakeside Bank & Trust ThreatWe have seen various banks prevent consumers from either buying or selling cryptocurrency in a convenient manner. It is unclear why these financial institutions would take such action, as they only hurt their own business in the process. The latest bank to do something drastic is Lakestone Bank & Trust. Another Bank Openly Opposing Bitcoin It is uncanny how many banks and financial institutions have taken a dislike to Bitcoin and cryptocurrency. Although this trend has been apparent for quite some time now, things have recently gotten worse as several banks around the world have acted to prevent customers from buying or selling

Go to Source

Powered by WPeMatico

Markets Update: Bitcoin Cash Rallies to $4000 — While BTC Markets Dip

Markets Update: Bitcoin Cash Rallies to $4000 — While BTC Markets DipBitcoin Cash (BCH) has experienced dramatic bullish action recently, gaining over 100% against USD in just three days. As of this writing, BCH is consolidating at approximately $3,800 after breaking above $4,000 for the first time ever. BCH’s bullish momentum has coincided with a more than 20% drop in the price of bitcoin core (BTC). […]

The post Markets Update: Bitcoin Cash Rallies to $4000 — While BTC Markets Dip appeared first on Bitcoin News.

Go to Source

Powered by WPeMatico