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2 h
Future Forks not on the horizon: Bitcoin Cash developer

Cryptocurrency forks are set to decrease in the near future, as stated by leaders of several cryptocurrency businesses at the recently held Consensus Singapore conference by Coin Desk. Amaury Sechet, a lead developer for Bitcoin ABC, said that the previous year saw an industry-wide decline in the number of forks and the trend is likely to continue. Over half the nodes running the Bitcoin Cash software now run Bitcoin ABC to connect to the network. The developer pointed out that a cryptocurrency loses its ability to gain future value since every time a fork is implemented, it results in the loss of the network effect in the original blockchain. He said, “You can only do that a certain amount of times,” confirming that future crypto forks will become meaningless. “I think there may be many, many forks in the future, but 99 percent of them will become worthless eventually,” he said. “The Bitcoin communities had many arguments before about forks, but not many people really give anything because everyone just kept fighting with each other,” he added. Bitcoin Cash is unlikely to fork in the future, he revealed, stating that a fork will prove ineffective since current participants in the project are focused on a single goal. A similar opinion was shared by Jack Liao, CEO of LighteningASIC – an initiator of the Bitcoin Gold fork of 2017 – who said, “If there’s no conflict, there’s no fork, because you need to get supporters.” James Wo, head of ETC Labs, which creates ecosystems for Ethereum Classic, said disagreements within a coin’s community will be the sole reason to employ a fork,. “The fork only happens when there’s really a huge diverge in a community,” he added. Commenting on competition between cryptocurrency forks, Wo said that there is a system of cooperation and coexistence as the need of the markets and business differ. He referred to the competition existing between Ethereum and Ethereum Classic, and explained that while ETH aims to provide diverse services, ETC is meant for users who prefer inexpensive transaction fees. Sechet agreed with this and admitted that forks are in constant competition with each other. However, he referred to Bitcoin and Bitcoin Cash, explaining that “the goal that the two project(s) want to build is different and the target audience is not quite the same.See also: Bitmain CEO slams Craig Wright over proposed Bitcoin Cash hard fork; tells him to “f*** off”

See also: Matter.cash: Founder of new Bitcoin Cash (BCH) social media blockchain platform shares details about it
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20 h
OKCoin lists 5 coins including Ripple’s XRP
OKCoin, a digital asset exchange, has announced that it has added five new cryptocurrencies to their platform. They have decided to list  XRP, Cardano (ADA), Stellar (XLM), Zcash (ZEC) and 0x (ZRX).  The newly listed five coins will be paired with USD, Bitcoin and Ethereum. The company said in a statement that investors can now trade these cryptocurrencies on the OKCoin platform.
The trading pairs against USD will be available for trading to California residents only and the coins paired against Bitcoin and Ethereum will be available for trading in 21 US states.
We are very pleased to welcome these five new cryptocurrencies and all of the communities that trade them. As we build out the broadest set of financial products on a globally regulated exchange, we are committed to expanding the trading pairs for our customers, while bringing tokens to the exchange that offer utility, value and demonstrable use cases. Today’s announcement signifies a giant step forward for the entire ecosystem,” said Tim Byun, OKCoin USA CEO.
OKCoin had announced in the previous week that it will offer token to token trading in 20 US states.  The states included in the OKCoin expansion are Alaska, Arizona, Colorado, Idaho, Illinois, Indiana, Kansas, Maine, Maryland, Massachusetts, Michigan, Minnesota, Missouri, Montana, Nevada, New Jersey, Tennessee, Texas, Utah and Wisconsin.
Known for being a regulated digital asset exchange, OKCoin has millions of users in more than 100 countries across the globe. The five-year-old exchange offers a “fiat-to-token trading platform” for digital currencies namely Bitcoin (BTC), Bitcoin Cash (BCH), Ethereum (ETH), Ethereum Classic (ETC) and Litecoin (LTC).

 

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1 d
Kraken Launches OTC Block Trading Service

U.S.-based bitcoin exchange Kraken has announced a major expansion to its OTC trading platform which will enhance the execution of large block trades for clients worldwide. — Kraken Exchange (@krakenfx) 17 September 2018 According to the statement, Kraken now offers deeper liquidity and private, personalized service to institutions and high net-worth individuals needing to fill large orders. “Whether you are trading blocks of 100,000 USD, 100,000,000 EUR or 2,000 Bitcoin, the OTC desk will provide you with execution and settlement services that are discrete, secure and ultra-competitive,” said the exchange. The new service is available with 17 different assets (Bitcoin (XBT), Ether (ETH), Bitcoin Cash (BCH), Ether Classic (ETC), Ripple (XRP), Lumens (XLM), EOS (EOS), Litecoin (LTC), Monero (XMR), Dash (DASH), Zcash (ZEC), Melon (MLN), Augur (REP), Gnosis (GNO), Iconomi (ICN), Tether (USDT), Dogecoin (DOGE), and three fiat currencies: US dollars (USD), Euros

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2 d
Nano sees sunny days, gets enlisted on KuCoin Plus Trading Area and Blocktivity

Nano [NANO] is making headlines as it joins top cryptocurrencies on Blocktivity and KuCoin Plus Trading Area. The consecutive events have boosted the cryptocurrency, and further encouraged its users. The back-to-back updates will likely spell brighter days for the currency in the time ahead.

KuCoin embraces Nano

KuCoin, as it aims to build “a healthy exchange ecosystem”, has listed certain “high-quality projects” in its KuCoin Plus Trading Area. These coins need to complete a strict screening process in order to be added on the platform. This allows users to be absolutely sure that the tokens on the platform are well-performing and have less risk than the tokens traded in the main market. Officially announcing the update in its website, the exchange stated: “DCC, AOA, ITC, LYM, OLT, TRX, ONT, DCR, NANO and ZRX have been promoted to the KuCoin Plus Trading Area.” KuCoin also tweeted, saying:

Enthralled at the prospect, Nano tweeted: “$nano has been promoted to the KuCoin Plus Trading Area!”

Nano joins top digital currencies on Blocktivity

Blocktivity has also enlisted Nano to its platform and the coin is now one of the top digital currencies on it. To enlist a crypto, Blocktivity compares transaction levels for an array of prominent crypto assets. Based on the level of activity on its network, the platform has welcomed Nano aboard and is currently, in the 11th position (at the time of writing) in terms of market value, preceded by Litecoin (LTC) and followed by Bitcoin Cash (BCH). In accordance of the positions of the currencies, the top 10 currencies on Blocktivity are BTS, STEEM, EOS, BTC, ETH, KMD, ETC, WAVES, DOGE and LTC. Nano posted the news of its latest inclusion on Twitter. It stated:

  SEE ALSO: Blockchain: A diamond in the rough helping Hong Kong jeweler determine authenticity of precious stones SEE ALSO: National Commercial Bank of Saudi Arabia fuses with Ripple to boost blockchain in the Middle East  

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2 d
Ethereum Classic [ETC] vs. Ethereum [ETH]; What actually is the difference?

Ethereum Classic [ETC] is slowly becoming a favorite investment to many new players in the cryptocurrency space. Moreover, prominent experts such as Charles Hoskinson have taken the side of Ethereum Classic over the current version of Ethereum [ETH] that exists today. However, this raises the question among many, what is Ethereum Classic and how is […]

2 d
All You Need to Know About Ethereum Classic (ETC)

Questions about Ethereum classic emerged and became a center of attraction after Coinbase listed it on their platform. Just as it is known,

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3 d
Ethereum Classic (ETC) Adds Tools for Distributed Apps Ecosystem

The Ethereum Classic network lags in ICOs, but hopes to attract developers with the potential for distributed apps.

3 d
ETC
仮想通貨イーサリアムクラシック(ETC)、トレンド転換で価格大幅上昇の可能性

イーサリアムクラシック(ETC)は2017年半ばからの価格上昇につづく今年からの価格下落によって、ダイヤモンド型の価格推移を見せており、2011年と同様にトレンドの反転が起こる可能性が十分にあるとされている。

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3 d
Ethereum Classic (ETC) and Litecoin (LTC) now available on Alluma

Alluma, a new Indian cryptocurrency exchange announced this week the listing of Ethereum Classic (ETC) and Litecoin (LTC). Ethereum Classic (ETC) was

3 d
Ethereum Classic (ETC) and Litecoin (LTC) now available on Alluma

Alluma, a new Indian cryptocurrency exchange announced this week the listing of Ethereum Classic (ETC) and Litecoin (LTC). Ethereum Classic (ETC) was

5 d
Ethereum Classic [ETC] Summit: Bitcoin [BTC] and other cryptocurrencies will be driven by millennials says Tom Lee

The Ethereum Classic [ETC] summit held on 12th and 13th September saw Tom Lee of Fundstrat talk about how we are almost at the end of the bearish market and also about the impact of millennials in the propagation of cryptocurrencies. The financial analyst talked about the analysis that he had conducted on the 2008 market […]

5 d
Ethereum Classic [ETC] Summit: Charles Hoskinson speaks about Bitcoin [BTC], ETC ecosystems and the road ahead

On 13th September, which was the second day of the 2018 Ethereum Classic Summit held at Seoul, South Korea, the creator of Cardano and Co-Founder of Ethereum, Charles Hoskinson delivered the last talk of the show titled ‘The Road Ahead’. Here, he outlined a future for Ethereum Classic as well as the entire cryptocurrency ecosystem and […]

7 d
OKCoin: Brain child of OKEx founder will now offer token-to-token trading in 20 US states

Star Xu, the founder of OKEx and OKCoin, has been making headlines this week. It started with Xu’s arrest; then news surfaced on Wednesday about his release; and now, the founder’s brain child OKCoin is in the media spotlight. OKCoin announced on Wednesday that the company will now offer token-to-token only trading in 20 states in the US. The states included in the OKCoin expansion are Alaska, Arizona, Colorado, Idaho, Illinois, Indiana, Kansas, Maine, Maryland, Massachusetts, Michigan, Minnesota, Missouri, Montana, Nevada, New Jersey, Tennessee, Texas, Utah and Wisconsin. OKCoin made the announcement on its blog and on Twitter. The Twitter post stated:

Known for being a regulated digital asset exchange, OKCoin has millions of users in more than 100 countries across the globe. The five-year old exchange offers a “fiat-to-token trading platform” for digital currencies namely Bitcoin (BTC), Bitcoin Cash (BCH), Ethereum (ETH), Ethereum Classic (ETC) and Litecoin (LTC). The platform plans to list more tokens in the days to come.

Who will be benefited the most from the OKCoin expansion?

US traders and institutional investors from the 20 states mentioned will definitely benefit from this global Bitcoin exchange, as they will have access to a platform that is touted as “the fastest, most secure and most reliable trading platform for a wide variety of digital assets, with costs as low as 0% for makers and 0.05% for takers”. The exchange strives to eliminate trading barriers and improve transaction efficiency while complying with the highest regulatory standards in the US and the world. Tim Buyn, CEO of OKCoin, said: “In order for the cryptocurrency market to reach its full potential, exchanges like OKCoin have to work with existing and new regulators for convertible virtual currency, digital goods, and/or securities. “Our team has worked diligently within the complexities of the US regulatory frameworks. We’re excited to take this major step forward as we aim to break down the barriers preventing a truly global digital asset market while adhering to long established regulations.”   SEE ALSO: Money Tap taps Ripple to the Japanese banking sector SEE ALSO: OKEx founder released after being “investigated”, not “arrested”   Image via Shutterstock Join our Telegram group

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7 d
Ethereum Classic Price Analysis: ETC/USD in Downtrend Below $11.20

Ethereum classic price recently found support against the US Dollar and Bitcoin. ETC/USD is recovering, but upsides could be capped by $11.00 and $11.20.

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7 d
Ethereum Classic [ETC] Summit: “Cryptocurrencies will join the likes of Google and Amazon”

Day two of the ETC Summit kicked off with Tom Lee of Fundstrat speaking about the first time he really got into Bitcoin [BTC] and how the sheer economics of cryptocurrencies opened up a vista of avenues for him. Lee, who was part of the discussion panel spread over both days of the conference, talked about the…