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Bitcoin, Litecoin Continue Downtrends

Both bitcoin and litecoin are continuing their downtrends. Bitcoin is quoted at $8,290 right now, lower by 4.5 percent since last Tuesday. Litecoin is trading at $133 dollars, down by 9.5 percent.

 

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Jack Dorsey Hopes Bitcoin Will Become Web's 'Native Currency'

Is bitcoin destined to become the default currency of the Internet? At least one well-known business executive - Jack Dorsey, the CEO of Square, who previously predicted bitcoin's future dominance back in March - hopes that's the case. Dorsey sat down with Elizabeth Stark of Lightning Labs at CoinDesk's Consensus 2018 conference in New York City to talk more broadly about his company's goals for the digital currency.

 

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Ether Loses Momentum, Dash Up

Ether has lost the upward momentum versus BTC. While a new swing high was made today, the coin has made meager gains in the past two weeks.

 

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Bitcoin Cash Upgrade Milestone Complete: 32MB and New Features

The Bitcoin Cash network has officially upgraded the blockchain protocol at approximately 1:54 EDT by extending the current block size fourfold from 8MB to 32MB. The consensus change is one of the largest block size increases in blockchain history, and the upgrade also adds the great knowledge of understanding Satoshi’s OP_Codes – which could add the ability to code colored coins and binary contracts.

 

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