eToro listed Bitcoin Cash

Social trading network eToro added the possibility to trade Bitcoin Cash cryptocurrency on the platform
21 November 2017   2108

The global social market place eToro which allows people to trade not only currencies and cryptocurrencies, but also commodities, indices and CFD stocks online, made an announcement that Bitcoin Cash was added to the platform and is now available for trading.

eToro is a market place for people to trade currencies, commodities, indices and CFD stocks online in a transparent way, which empowers over 4.5 million users in more than 170 countries worldwide to manage their funds through online investment platforms and trading community with new accounts created every day. The service has an investment network, where the users can channel the collective potential of a diverse trading community into individual benefit by interacting with other network members in real time. The platform is available on desktops as well as on mobile devices on iOs and Android.

The cryptocurrencies that are already listed on eToro are those:

  1. Bitcoin
  2. Bitcoin Cash
  3. Ethereum
  4. Ethereum Classic
  5. Ripple
  6. Litecoin
  7. Dash

etoro platform cryptocurrency trade markets november 21 2017eToro cryptocurrencies trade markets for November 21, 2017

According to the statistics charts for November 21 presented on eToro, day's range of Bitcoin Cash is varying from $1135,35 to $1229,58 and the year return is 86,55%.

Bitcoin Cash price stats November 2017Bitcoin Cash price stats for November 21, 2017

At the moment of press, these are main market parameters of Bitcoin Cash:

  • Average price: $1176,96 
  • Marketcap: $19,789,258,320 
  • 24h volume: $892,807,000

UnitedCorp to File Lawsuit Due to "BCH Manipulations"

Suit is filed against Roger Ver, Kraken and Bitmain
07 December 2018   170

The technology company United American Corp (UnitedCorp) sued Bitmain, Kraken, Bitcoin.com, Roger Ver, and others involved in a “well-planned scheme to take control of the Bitcoin Cash network.” This is reported on the website of the corporation.

Representatives of UnitedCorp argue that the actions of the defendants caused the "global capitalization meltdown of the Bitcoin Cash." These actions, the company believes, were aimed at enriching the above market participants to the detriment of others.

The company’s website also contains a diagram of the actions of the above market participants:

Bitcoin Cash Manipulation Scheme by UnitedCorp
Bitcoin Cash Manipulation Scheme by UnitedCorp

The events described are related to the recent hardfork of Bitcoin Cash, as a result of which the network of this cryptocurrency split into two competing chains. After hardfork, according to UnitedCorp, the companies and individuals in the lawsuit took control of Bitcoin Cash.

We are bringing this suit on behalf of UnitedCorp because we believe strongly in the value and integrity of democratic, distributed and decentralized blockchain networks which will become more important with time. In order to maintain confidence in cryptocurrencies such as Bitcoin Cash, no person or entity can be allowed to control them.
 

Benoit Laliberte

President, UnitedCorp

At the same time, the company is convinced that these actions were aimed at centralizing the BCH network. Also, UnitedCorp claims that on November 20, the Bitcoin ABC development team introduced the “poison pill” into the blockchain. It was presented as “Deep Reorg Prevention”. These actions, confident in the company, were, in fact, aimed at strengthening control over the network and its future updates.

UnitedCorp requires a court order prohibiting defendants from engaging in future activities that harm the Bitcoin Cash network. In addition, the company intends to receive compensation for damages, the amount of which will be established in court.

It should be noted that Bitcoin SV, a cryptoactive asset that emerged as a result of hard forks, came in fifth in the CoinMarketCap market capitalization rating.

The rate of Bitcoin SV is growing despite the general decline in the market. Over the past 24 hours, the price of BSV has increased by 21%, and the asset capitalization has approached $ 2 billion.

At the same time, the main competitor of BSV - Bitcoin Cash - has fallen by 16.5% in the last 24 hours, having consolidated on the 7th line of the rating.