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Important Announcement regarding possible Bitcoin splits.

Due to high availability of Bitcoin chain splits all the BTC and Tether Deposit/Withdrawals will be halted for the indefinite period of time starting from 29 July midday

BIP 91 Locks In: What This Means for Bitcoin and Why It's Not Scaled Yet

BIP 91 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.

 

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BITCOIN RALLY LIFTS ALL BOATS

ppcusddaily-july21-copyBitcoin broke above the important $2,550 level this morning and hit a high of $2,748 on FXOpen and over $2,900 on other exchanges. This had a positive impact across the crypto world as altcoins started to move up as well, at least in dollar terms.

 

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BITCOIN BOUNCES ON SIGNALLING FOR SCALING

btcusd-july18-copyWe’ve had an interesting week for bitcoin as prices first crashed below the $2,000 handle only to rally strongly from the lows on renewed hope for scaling. Litecoin followed a similar pattern with a fall to $35.30 followed by a 21% rally to $42.89 dollars per coin.

 

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