Bitcoin Gold (BTG) plans to hard fork the cryptocurrency on October 25, creating another version of bitcoin in the process. The project was first made public back in July and was created by Jack Liao, founder of Lightning ASIC, a mining firm from Hong Kong. The fork will include the adoption of a new protocol that will change some of the consensus mechanisms relating to bitcoin. The result is that miners would be able to go about mining for tokens in new ways. According to bitcoin.com, the new BTG ...
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US Dollar Forecast: FOMC Set to Start Quantitative Tightening - How Will Bonds, USD Respond? Next week brings a Pivotal Federal Reserve meeting where the bank may look to begin balance sheet reduction. This is QE in reverse, and questions abound for how it might roll-out. British Pound Forecast: The Central Bank Clears the Path for Rate Hikes Sterling has enjoyed a stellar week after Bank of England Governor Mark Carney’s ...
US Dollar Forecast: Dollar Drop Crosses 12%: Can Inflation Turn the Tide Ahead of the Fed? The U.S. Dollar has been pulverized by a plethora of factors. But after a rise in July inflation, will another bump help to buck the bearish trend? Euro Forecast: EUR/USD to Stay Bid Ahead of FOMC as ECB Unveils Post-QE Game Plan EUR/USD remains bid following the ECB meeting, with the pair at risk for a further advance amid waning expectations ...