The price of Bitcoin surged more than 17% in the last 24 hours and now sits at $2744, not too far from its June all-time-high of about $3,000.
Here’s what’s happening: Bitcoin is being updated. The update has the chance of causing a serious rift that threatens some of the best things about Bitcoin, including how easy it is to use. It’s a complicated process, but things are looking good right now for that rift not actually happening. But we’re not out of the woods yet.
If you've been following the events surrounding the world's most popular cryptocurrency, you probably know the possible rift (and subsequent price swings) has to do with certain dates and an adoption of something called SegWit. And yes, things are looking good, but it hasn't exactly happened yet. Read more...
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