Crunch Report | Magic Leap Finally Unveils Its Headset

Magic Leap headset is finally unveiled to the public, Bitcoin Cash comes to Coinbase and Litecoin founder sells all of his Coins. All this on Crunch Report. Read More

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Coinbase may have given away its own Bitcoin Cash surprise

 On Tuesday, when Bitcoin Cash hit Coinbase, the popular user-friendly U.S.-based exchange, cryptocurrency’s reputation as the financial wild west was on full display.
While anyone following along was well aware that Coinbase planned to add Bitcoin Cash, the currency created in August’s Bitcoin hard fork, things still got weird immediately. After some suspicious pre-launch… Read More

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Bitcoin Cash skyrockets in value after Coinbase adds support

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Oh, you’re still into Bitcoin? That’s cool. Except Bitcoin Cash is the hot new cryptocurrency now. 

Coinbase, the popular cryptocurrency exchange, announced Tuesday it would add support for Bitcoin Cash. 

No, Bitcoin Cash isn’t new. It arrived on the scene back in August. (Its origin story is kind of complicated — luckily, we’ve got a helpful explainer here.) But the addition of Coinbase support is like a blessing from the Cryptocurrency Pope, and so Bitcoin Cash’s value ascended into the heavens. 

If you happened to have knowledge of Coinbase’s announcement ahead of time, you could have made a pretty penny, which is why the company quickly tried to quell any accusations of insider trading.  Read more…

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Coinbase halts Bitcoin Cash trading as price briefly hits $8,500

 After just announcing full support for Bitcoin Cash, buying and selling on Coinbase and GDAX is temporarily disabled. For about an hour Coinbase and GDAX were both showing Coinbase Cash prices at around $8,500, which is almost three times higher than the $3,500 price it’s trading at on all other exchanges. But for most of this time trading was disabled, so it’s not clear if… Read More

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Coinbase now lets you buy and sell Bitcoin Cash

 Coinbase has just added full support for Bitcoin Cash (BCH) – meaning you can now send, receive, buy and sell the cryptocurrency. All users will also be credited an amount of Bitcoin Cash equal to their Bitcoin balance during the hard fork that occurred August 1st, 2017. Bitcoin Cash trading will also be available on GDAX, Coinbase’s institutional-focused exchange. Update: As of… Read More

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Bitcoin is a bubble waiting to burst

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For those of us with long memories and some sense of history, Bitcoin’s recent meteoric rise is both thrilling and terrifying. It has all the earmarks of a bubble.

Bitcoin Bubble. The accidental alliteration makes it more attractive, but no more or less true. It’s all the similarities with previous economic bubbles going back more than a century that convinces us: This can’t last.

In the space of a few short days, the cryptocurrency, which people mine on their powerful computers, has gained thousands of dollars of fresh value. A year-long Bitcoin value chart is the extreme version of a hockey stick curve.  Read more…

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