Bitcoin Cash Has Reached An All-time High At $2,400+ This Weekend
After Segwit2x event cancellation, Bitcoin Cash price surge up to an all-time high of $2,426.20 according to Coinmarketcap.
Its price has increased four-fold in just two days and alongside its hashrate has met parity with the Bitcoin chain.
BCH trade volume has surpassed $7 billion and has temporarily replaced Ethereum on the second place basing on market capitalization having $4.7 billion against Ethereum's $28.8 billion.
Korean markets were dominating BCH trades as won captures more than 60% of the market.
Chinese And European Union Companies And Individuals Have Applied To Mine In Russia
According to Russian Association of Blockchain and Cryptocurrency or RACIB has reported total of forty companies from China and European Union recently have applied to begin mining operations in Russia.
There are already hundreds of mining companies running in Russia and still has free energy capacity to offer to foreign companies to set up mining farms.
RACIB is an organization created in August 2017 to unite blockchain owners, participants, miners and investors of ICOs and cryptocurrencies which was announced by Russian President Vladimir Putin.
It has formed a separate committee which is focused in preparing proposals to increase the attractiveness of mining investment to Russia.
The Association's President Yuri Pripachkin believes that there is every chance for Russia to become the mining capital of the world.
Headlines for the world of Cryptocurrencies - November 11, 2017Blockchain Technology Could Solve Fraud In Food Origins And Tomatoes Are Next In Line / Enigma Partners With KyberNetwork In Pushing Blockchain, Crypto-asset Adoption |
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Headlines for the world of Cryptocurrencies - November 10, 2017Online Bitcoin Game “Bitkong”, Is Now Celebrating Two Years Of Existence / Bitcoin & Cryptocurrency Exchange, Luno Now Adds Support To Ethereum Trading |
Headlines for the world of Cryptocurrencies - November 09, 2017Segwit2x Canceled Due Lack Of Consensus / Korean Exchange Upbit Adds Ethereum To Won Trading To Its Platform |
