It has been more than a week since the Bitcoin Cash (BCH) blockchain was split into two during the fateful hard fork. Two opposing sides clashed over the future of BCH as an asset, and it is time to see where both parties stand, now that the dust has finally started to settle. Conservatives secured the victory, but the cost was high As described in an earlier Cointelegraph article, Bitcoin ABC (BCH ABC, where ABC stands for Adjustable Blocksize Cap) is spearheaded by the likes of Roger Ver, renowned BCH advocate, and Jihan Wu, co-founder of Bitmain, an extremely powerful …

Sunday, Nov. 25: crypto markets have suffered another crash yesterday and continuing into today, with all top 20 cryptocurrencies by market cap deeply in the red, and Bitcoin (BTC) trading below $4,000. Crypto markets are seeing a massive decline of at least 10-15 percent. Stellar (XLM) has suffered the most, down over 20 percent, and trading at $0.14 at press time, according to CoinMarketCap. Market visualization from Coin360 Yesterday, Nov. 24, Bitcoin plunged below the $4,000 price point, breaking the threshold for the first time since September 2017. Today, the major cryptocurrency has dropped even further to as low as …

Coming every Sunday, the Hodler’s Digest will help you to track every single important news story that happened this week. The best (and worst) quotes, adoption and regulation highlights, leading coins, predictions, and much more — a week on Cointelegraph in one link. Top Stories This Week KPMG Report Notes That Crypto Is a Big Deal, But Needs Institutional Investment Netherlands-based “Big Four” auditor KPMG released a bullish report on crypto this week, arguing that institutional investors must join the industry for it to “realize its potential.” The report, titled the “Institutionalization of Cryptoassets,” explains how insitututional investors can enter …

Last week, OKEx exchange faced negative publicity and accusations of marketing manipulation after adjusting Bitcoin Cash (BCH) futures settlements during the notorious hard fork. On November 20, the exchange responded to those allegations, essentially defending its decision and promising to provide evidence if the case goes to court. Curiously, it is at least the third time this year that OKEx has shown strange price volatility on their exchange. Brief introduction to OKEx, major crypto futures trading player OKEx was founded in 2017 as an international arm of the no longer operating Chinese exchange OKCoin. According to data from CoinMarketCap, it …

Billionaire Entrepreneur and Bitcoin Cash SV (BCH SV) supporter Calvin Ayre has declared that the coin “no longer want[s] the name Bitcoin Cash [BCH]” in a article published Nov. 23. Posted on Ayre’s own crypto media outlet CoinGeek, the statement claims that Bitcoin Cash SV will continue to exist independently from Bitcoin Cash (BCH), and that the coin is in fact the “original” Bitcoin (BTC): “Bitcoin SV is the original Bitcoin not the original Bitcoin Cash.” Ayre calls on Bitcoin Cash ABC – the Roger Ver-backed coin created in BCH’s recent hard fork – to “permanently split” the two chains …

Bitcoin Cash (BCH) services for cryptocurrency hardware wallet Ledger have resumed, according to an announcement published Nov. 23. Ledger suspended its BCH service on Nov. 14 in anticipation of the cryptocurrency’s hard fork “to prevent unwanted transactions and potential replay attacks.” During the service pause it was not possible to send BCH through the wallet’s infrastructure. The BCH network experienced an upgrade on Nov. 15, resulting in a complex battle and eventually splitting the blockchain into two — BCH ABC supported by crypto evangelist Roger Ver and BCH SV led by Craig Wright. The hash war led cryptocurrency exchanges around …

Friday, Nov. 23: Crypto markets are facing another significant decline today, with Bitcoin (BTC) seeing another yearly low, and Bitcoin Cash (BCH) dropping almost 50 percent over the past 7 days, according to data from CoinMarketCap. The major 20 cryptocurrencies by market cap are all red this Black Friday, with some altcoins losing more than 10 percent over the past 24 hours at press time. Market visualization from Coin360 Bitcoin dropped below the $4,200 price point to as low as $4,195 earlier today, breaking the lowest threshold for the first time since September, 2017. As of press time, the major …

Thursday, Nov. 22: after a period of tumult, the crypto markets are today somewhat calmer, with most of the top ten cryptocurrencies seeing only mild losses capped beneath a 3 percent range. A scattering of top twenty coins are even tipping into green, as data from Coin360 shows. Market visualization by Coin360 Bitcoin (BTC) has today jaggedly veered between below $4,450 and $4,630; as of press time, the top coin is at $4,517, down 0.4 percent on its 24-hour chart. After a further sell-off brought Bitcoin to as low as $4,300 Nov. 20, the asset has traded over the past …

Users who filed a class action lawsuit against U.S. cryptocurrency exchange and wallet provider Coinbase will now go to court Jan. 31, 2019, new court documents filed Nov. 20 confirm. The lawsuit, which Jeffery Berk filed earlier this year to address alleged insider trading of Bitcoin Cash (BCH) among Coinbase officials in 2017, failed to make it to trial in October. As Cointelegraph reported, District Judge Vince Chhabria threw out Berk’s claims due to the failure to “describe the scope or content of Coinbase’s duty.” Now, an amended version of the lawsuit focuses on the exchange purportedly falling foul of …

Controversy over Bitcoin Cash’s (BCH) hard fork continued Nov. 19 after Bitcoin Cash SV (BCHSV), one of the two new forks of the altcoin, suffered what is known as a blockchain reorganization. The latest setback to affect the nascent fork, the reorganization (often referred to simply as “reorg”) lasted for two blocks and was initially feared to be a malicious attack. Reorgs occur when two miners solving a block at the same time cause a temporary fork in the network. The miner that solves the next block then dictates how the blockchain continues, as the block they mined on top …

A “panicked” twenty-four hours in cryptocurrency markets saw Bitcoin (BTC) hit fresh lows not seen in over a year Nov. 20 as assets across the board shed millions. Data from Cointelegraph’s price tracker, Coin360, CoinMarketCap, and Bitcointicker captured frenetic activity into Tuesday as BTC/USD dropped up to 17 percent, at one point reaching $4,237. Market visualization from Coin360 Bitcoin’s daily losses currently total 15.5 percent after a correction to around $4,500, while the situation remains highly volatile as the pair tests new resistance levels. Bitcoin 7-day price chart. Source: Cointelegraph Bitcoin Price Index The events mark a continuation of the …

The world’s second-largest cryptocurrency exchange OKEx hit back at accusations it “manipulated markets” by adjusting Bitcoin Cash (BCH) futures settlements in a fresh statement Nov. 20 sent to Cointelegraph. The exchange, which opted to deliver BCH futures early due to the coin’s contentious hard fork Nov. 15, subsequently saw a barrage of negative publicity over the decision, pundits complaining it had overstepped its remit in freely deciding when and how futures contracts would be settled. In particular, a dedicated Medium post by an entity calling itself AMBER AI accused OKEx of “outright market manipulation and one of the more serious …