‘Bitcoin Cash’ Jumps 86%, Now the Third-Most Valuable Digital Currency

Bitcoin Cash, an alternative version of the digital currency bitcoin that launched earlier this month, saw its price spike sharply overnight, as much as 86% after the fledgling network showed it could handle the kinds of higher traffic for which it was built. Bitcoin Cash was most recently up 66% at $ 567. Its total market capitalization is now $ 9.4 billion, which pushed it over the $ 6.1 billion market cap of a cryptocurrency called…

"‘Bitcoin Cash’ Jumps 86%, Now the Third-Most Valuable Digital Currency"

A Coinbase investor says the platform might reverse its bitcoin cash ban in the next few days

Coinbase has spent much of this week in the weeds over its decision not to accept the newly minted digital currency bitcoin cash. But the company could reverse that decision in the next few days, an investor told Business Insider.  “I think the company will be in a position to make an announcement in the next few days, and one could be supporting bitcoin cash in due course,” said Barry Schuler, a partner with DFJ, an investor…

"A Coinbase investor says the platform might reverse its bitcoin cash ban in the next few days"