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The Genesis of BCH Tokenization: Over 10,000 SLP Tokens Built on Bitcoin Cash

This week Bitcoin Cash fans have been discussing the milestone of over 10,000 Simple Ledger Protocol (SLP) tokens created since the infrastructure was first introduced. Moreover, tokens built on Bitcoin Cash are nearing 1 million transactions to-date. Bitcoin Cash (BCH) community members have noticed there are now 10,679 SLP tokens created since the Simple Ledger Protocol’s inception. The discussion concerning the SLP milestone took place this week on the popular Reddit forum r/btc. In addition to the 10k+ SLP tokens created, the number of transactions is nearing 1 million. Bitcoin.com token data page indicates there’s been 960,346 SLP-based transactions. Statistics…

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Market Update: Cryptocurrency and Gold Markets Fueled by Failing Global Economy

The cryptocurrency economy has spiked significantly on July 26 into the overnight trading sessions capturing over $300 billion in value. Bitcoin is trading above the $10,360 zone while ethereum is swapping for $321 per coin. Meanwhile, the precious metals gold and silver have seen incredible gains as well on Monday. The Crypto Economy Surpasses $300 Billion While the global economy has been shuddering, precious metals markets and cryptocurrencies have seen significant value flow into these ecosystems. On Monday, July 27 the entire cryptocurrency market capitalization of all 5,700+ coins in existence is around $304 billion. Ethereum (ETH) has gained 3.9%…

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Market Update: Crypto Cap Nears $300 Billion, BTC Hits $10K, ETH Rallies Hard

The digital currency economy is steadily approaching a $300 billion market capitalization, as a great number of coins have been seeing decent gains. Bitcoin touched a high of $10,135 on July 26, during the early morning trading sessions, but ethereum is outpacing the top crypto measured by market valuation. At the time of writing, the crypto economy is a force to be reckoned with as a number of digital assets have grown more valuable this week. Bitcoin (BTC) is hovering between $9,900 and $9,950 during the course of the late afternoon (ET) trading sessions. BTC is up over 2.3% today…

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Third Anniversary of Bitcoin Cash Highlights a Myriad of Network Improvements

In twelve days the Bitcoin Cash community will celebrate the third anniversary of the 2017 fork that happened on August 1. Since then, a number of changes have happened during the last three years and the following editorial will discuss the significant differences between both chains. The Bitcoin Cash (BCH) fork took place almost three years ago in 2017 and the official anniversary is twelve days away. A lot has happened since then and in 2018, the Bitcoinsv (BSV) community forked away from the BCH chain. Currently, BTC, BCH, and BSV are the largest and most popular Bitcoin branches by…

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Third Anniversary of Bitcoin Cash Highlights a Myriad of Network Improvements

In twelve days the Bitcoin Cash community will celebrate the third anniversary of the 2017 fork that happened on August 1. Since then, a number of changes have happened during the last three years and the following editorial will discuss the significant differences between both chains. The Bitcoin Cash (BCH) fork took place almost three years ago in 2017 and the official anniversary is twelve days away. A lot has happened since then and in 2018, the Bitcoinsv (BSV) community forked away from the BCH chain. Currently, BTC, BCH, and BSV are the largest and most popular Bitcoin branches by…

Continue Reading Third Anniversary of Bitcoin Cash Highlights a Myriad of Network Improvements

Tether USDT Issuing On Bitcoin Cash Highlights The Need Of SLP Tokens

Tether USDT issuing via the Simple Ledger Protocol framework on Bitcoin Cash during the first week of July as the crypto supporters noticed. In our latest Tether news, we find out more about the importance of SLP tokens. There is a bigger amount of SLP-based tethers in circulation as the platform minted a total of 6 million on the Bitcoin Cash blockchain. Digital currency enthusiasts were watching the Tether project grow over time and now the company has $9.8 billion in total liabilities. The USDT stablecoin is now spread across multiple blockchains including TRON, Algorand, Ethereum, and EOS. Recently, USDT…

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$6M Worth of Tether on the Bitcoin Cash Chain Highlights the Benefits of SLP Tokens

During the first week of July, crypto supporters noticed that Tether issued 1,010 stablecoins via the Simple Ledger Protocol (SLP) framework on Bitcoin Cash. Now there’s a much larger amount of SLP-based tethers in circulation as the company has minted a total of 6 million on the Bitcoin Cash blockchain. Digital currency enthusiasts have been watching the Tether project grow for years now and to-date the firm has $9.8 billion in total liabilities according to the company’s transparency page. The USDT stablecoin is spread across various blockchains including Ethereum, Tron, Algorand, and EOS. Just recently, USDT was migrated onto the…

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