Quick Recovery! Bitcoin Is Back Above $4000 AgainBitcoin dropped below $4,000 yesterday,
quickly reaching $3660 at around 5:00 AM UTC. Whatever caused the crash, it didn’t last long, as Bitcoin started to recover immediately after reaching its 12-day low and is now sitting at $4110. The quick recovery may be linked to the upcoming SegWit activation that will take place tomorrow.Having risen 12.50% today, Bitcoin's trading volume is also higher than usual with $555.19 M exchanged in the USD/BTC markets in the last 24h. As usual, Japan is leading the markets in trading volume with a 45% market share.Read more and see live charts Asus Debuts Specialized Motherboard for Cryptocurrency MinersAsus, the popular hardware manufacturer, has revealed a new motherboard with features geared specifically toward cryptocurrency miners. Dubbed the B250 Mining Expert, the board was debuted over the weekend by Asus' Republic of Gamers. While the product's release date and price aren't known yet, the upcoming B250 Mining Expert motherboard itself boasts a total of 19 PCI-Express expansion slots, compared to the 12, eight or six slots featured on competitors' products.Read more Mark Cuban Backs Cryptocurrency FundBillionaire investor and Bitcoin doubter Mark Cuban is coming around on cryptocurrency. Despite saying Bitcoin was a bubble in early June, Cuban has backed venture capital firm 1confirmation. The firm not only has plans to invest some $20 million in companies developing blockchain technologies, but it also wants to invest in early stage companies before they head into an initial coin offering (ICO).Read more Bitcoin Cash Hashrate Nears Parity with BitcoinThe Bitcoin Cash mining profitability has recently ticked upward, reaching parity with BTC. Soon after, a decrease in difficulty, coupled with a Korean-led price surge, made bitcoin cash mining 240% more profitable than bitcoin. This caused hashpower to pour into the BCH network. Two days, major mining pools such as AntPool begun mining bitcoin cash, enabling its network to claim more than one-third of the total hashpower.Yesterday, the bitcoin cash hashrate share increased to 43% and is just 7% away from reaching parity with bitcoin. However, the upcoming difficulty adjustment will make it much harder to find BCH blocks, a prospect that could make the BCH chain go through technical difficulties.Read more and see BCH hashrate Recently added: added to the ICO
State of the Crypto