Tag: Bitcoin Cash (BCH)

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Crypto

Bitcoin Cash (BCH) Might Soon Implement Zero Mining Fees And FREE Transactions

CoinGeek and nChain joined into a new initiative dedicated to Bitcoin Cash (BCH) miners and which would permit BCH miners to personally reduce their own mining fees’ minimums, as well as their transactions prices. The two consider adjusting the Bitcoin Cash (BCH) mining software to implement the new settings.

First, CoinGeek and nChain must ditch the 546 Satoshis dust limit and set the software to accept values as small as 1 Satoshi for one transaction on the platform.

The second change in BCH mining software would be to allow the acceptance of several FREE transactions on each block the miner mined. This setting would mean that each miner will now have the right to accept FREE transactions and the platform can run with zero mining fees.

Why zero mining fees and FREE transactions on the Bitcoin Cash (BCH) mining software?

Both CoinGeek and nChain thought that such important changes, like zero mining fees and free transactions, will boost the Bitcoin Cash (BCH) adoption rate within the cryptocurrencies market. As the platform will have lower fees for transactions plus several free transactions, while, at the same time, there will be zero mining fees, more and more BCH holders will be drawn to the platform.

In the meantime, Bitcoin Jesus, Roger Ver, a renowned Bitcoin Cash (BCH) crusader, recently forecasted that Ethereum (ETH) will surpass Bitcoin (BTC) very soon. Even more, Roger Ver would’ve also said that by 2020 Bitcoin Cash (BCH) will surpass both Bitcoin (BTC) and Ethereum (ETH) and will become the leader of the cryptocurrencies market.

At the moment, Roger Ver, a.k.a Bitcoin Jesus, is the advisor for the FinTech startup MoneyToken which will also accept BCH.

At the moment of this writing, Bitcoin Cash (BCH) is traded at $1,122, recording a slight decrease of 1.82% in the last 24 hours. However, according to CoinGeek and nChain, Bitcoin Cash (BCH) will keep on gaining strength and value and will soon be a true force in the cryptocurrencies market.

 

Categories
Crypto

Litecoin (LTC), Bitcoin Cash (BCH), And DASH Accepted On CheapAir Flight And Accomodation Booking Platform

In response to clients’ demands, the travel and tourism agency CheapAir chose to broaden its payment methods with cryptocurrency by accepting Litecoin (LTC), Bitcoin Cash (BCH), and DASH, in addition to Bitcoin (BTC), for flight and accommodation bookings.

The announcement was published on the company’s website on May 23rd. The report clarifies that the top 3 most popular altcoins among CheapAir’s clients for the past half year have been incorporated into the service, thus becoming part of the few travel agencies that support cryptocurrency payments.

In addition, adding these cryptos as payment methods might also ensure cheaper fees and faster transactions. On the subject, CheapAir CEO Jeff Klee noted that the incorporation of these currencies has been a fairly straightforward process, given the prior experience with Bitcoin (BTC) payments which has been introduced by CheapAir in 2013.

CheapAir travel agency introduced Litecoin (LTC), Bitcoin Cash (BCH), and DASH cryptocurrency payments

The Litecoin (LTC), Bitcoin Cash (BCH), and DASH cryptocurrency payments started to be analyzed by the company in April when the Bitcoin (BTC) payment service became problematic as Coinbase’s suspended its custody services.

After that, the CEO of CheapAir, Jeff Klee, enquired with clients about their inclination to use BIP70 portfolios in order to be able to use the BitPay platform, as well as to begin to trial cryptocurrency payments with Litecoin (LTC), Bitcoin Cash (BCH), and DASH.

CheapAir, headquartered in the United States, is a part of a rapidly increasing group of travel agencies that welcome cryptocurrency payments. These agencies, to date, include TapJets, Destinia, Expedia, Travelforcoins, Abitsky, and BTCtrip, but the majority of these are only accepting Bitcoin (BTC).

The single exception is BTCtrip which also accepts payments in Litecoin (LTC) and Dogecoin (DOGE).

In short, from now on, CheapAir trave agency introduced cryptocurrency payments in Litecoin (LTC), Bitcoin Cash (BCH), and DASH.

Categories
Crypto

Ripple (XRP) And Bitcoin Cash (BCH) Has Been Adopted By The Revolut Cryptocurrency Trading App

Today, May 24th, the UK-based digital banking platform Revolut introduced Ripple (XRP) and Bitcoin Cash (BCH) to its cryptocurrency trading platform via its App. This facility permits customers to convert their fiat currency into cryptocurrency, to leverage their investments with immediate exchanges between fiat, Ethereum (ETH), Bitcoin (BTC), Litecoin (LTC), and, from now on, Ripple (XRP) and Bitcoin Cash (BCH).

“We have been asking the Revolut community what cryptocurrencies they would like to see next and the demand for both XRP and Bitcoin Cash has been absolutely overwhelming.”

Vlad Yatsenko, CTO of Revolut

Cryptocurrency is on track to be the primary banking asset of the future with the rising demands of its customers. Approximately 20 percent of the Revolut users have tried the company’s cryptocurrency facility by now. The company trades more than 100,000 Bitcoin (BTC), Litecoin (LTC), and Ethereum (ETH), on a daily basis.

Ripple (XRP) and Bitcoin Cash (BCH) have been added by Revolut on its cryptocurrency trading platform

The Revolut App is intended to definitively boost the number of clients with the recent implementation of Ripple (XRP) and Bitcoin Cash (BCH), two of the most appreciated and popular crypto coins of the moment.

The Revolut App, a cryptocurrency trading platform, is intended to definitively boost the number of clients with the recent implementation of Ripple (XRP) and Bitcoin Cash (BCH), two of the most appreciated and popular crypto coins of the moment. So by including more popular cryptocurrencies, businesses from the FinTech sector, such as Revolut, will become more reluctant to embrace the blockchain and tokens/coins linked to cryptocurrencies.

At the moment, Revolut has teamed up with Bitstamp, a Bitcoin (BTC) trading operator based in Luxembourg, in order to execute cryptocurrency transactions at a fee of only 1.5% out of the total amount of the transactions to be conducted.

At the moment of this article, Ripple (XRP) is traded at $0.62, increasing by 3.42%, while Bitcoin Cash (BCH) is traded at $1,029, recording a slight increase of 1.69%.

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Crypto News

Bitcoin (BTC) And Bitcoin Cash (BCH) Cryptocurrency Payments Accepted By A Tax Office In A Florida County

The Seminole County tax collection office in the state of Florida announced that it will begin accepting Bitcoin (BTC) and Bitcoin Cash (BCH) as payment methods through the BitPay platform, making it the first US government tax office to allow citizens to pay in cryptocurrency.

In a statement released by the government agency, Joel M. Greenberg, the county’s tax collector, noted that blockchain technology could provide all county residents with more optimal and modern payment services, increasing transparency as well as the accuracy of settlements, and lowering the high costs of credit or debit card fees.

As a result, the office partnered with the international payment platform and cryptocurrency exchange, BitPay, to accept settlements in Bitcoin (BTC) and Bitcoin Cash (BCH) for the payment of driver’s licenses, identification cards, title, and property taxes.

Alan Byrd, the spokesman of Seminole’s office, confirmed that the cryptocurrency payment will be available next June. In this way, the government agency will receive payments directly from BitPay.

Florida implements Bitcoin (BTC) and Bitcoin Cash (BCH) cryptocurrency payments via BitPay for taxes

Furthermore, the authorities do not believe that there is any risk of price volatility since users only have to send the exact amount of money in Bitcoin (BTC) or Bitcoin Cash (BCH) to pay the bills, for example, a transaction that in turn only costs a fee of 1%, considerably less than the fees required by banks.

In this regard, Byrd also confirmed that the tax collection office is not interested in the cryptocurrencies market but in offering more varied and convenient payment services to the citizens.

“We are not speculating in the market but we are excited to see more payment options being offered to our customers,” he said.

While Seminole County, Florida, is the first US government agency to open up to Bitcoin (BTC) and Bitcoin Cash (BCH) cryptocurrency payment, other government offices have been evaluating the possibility of making digital assets an effective method of payment.

Categories
Crypto

Bitcoin Cash (BCH) Has Gained About 133% In April And Now Hovers Around $1,550

Cryptocurrencies are often “getting on the radar” when they show incredible performances. For example, 2017 has been a great year for cryptos. At the beginning of 2018, however, the cryptocurrencies market have tended to correct downwards. Despite this trend, some cryptos stand out and allow investors to make more than satisfactory profits. This is the case of Bitcoin Cash (BCH), too, which gained about 133% since April.

In 2017, we saw the Bitcoin (BTC) rising from a value of $950 at the beginning of the year to about $20,000 at the end of the year. Also, Ripple (XRP) registered by the end of 2017 a price of about 350 times higher than that at the beginning of the last year.

Therefore, the massive appreciation of Bitcoin Cash (BCH) shouldn’t surprise us much. However, is the only major cryptocurrency who achieved such gains in 2018, so far.

Bitcoin Cash (BCH) rose by 133% since April but it seems to be a short-term gain

On the BCH chart below, we can see that since the beginning of April 2018, the BCH price has started an impulsive upward movement. While the cryptocurrency was only worth $600 at the beginning of the month, it reached the $1,400 threshold at the end of the month, thus achieving a performance of around 133%.

At the moment I’m writing this article, BCH is trading at about $1,571, registering an approximative 4.13% depreciation in the last 24 hours. Yesterday, the crypto closed at $1,655.

Currently, Bitcoin Cash (BCH) is the 4th asset in the cryptocurrencies market, with a market cap which is getting closer to $27 billion.

By investing $500 in the Bitcoin Cash (BCH) at the beginning of April, you would’ve scored about $665 in profit at the beginning of May, thus, your capital going from $500 to $1,165 (about 2.33 times higher). This should prove, once again, the strength that investments in cryptocurrencies can be huge, as also is the profitability of these assets on the short-term and medium-term. Definitely, BCH is a crypto you should keep an eye on.

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