The recent meltdown in cryptocurrency valuations has been all encompassing. No programs, except for perhaps stable coins that are pegged to fixed asset values, have been immune. Bitcoin, the leader of the pack, has been hit hard, losing some 80% of its value from last year’s peak just below $20,000. The carnage, however, has been…
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The following article was written by Jens Chrzanowski, Member of the Management Board of Admiral Markets Group AS. Hello, The entire trading world can’t help talking about cryptocurrencies, and there seems to be hot news every week. You’re probably already familiar with Bitcoin, so let’s take a closer look at Bitcoin Cash. To explain what Bitcoin…
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Along with the addition of a new instrument, Global forex broker Admiral Markets has made several more announcements following their previous news regarding the possibility of a hard fork in Bitcoin's blockchain. The hard fork did happen! Starting from 1 August, 2017, the blockchain has split in two: Bitcoin (BTC) and Bitcoin Cash (BCH) – with the…
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