Cybersecurity
Bitcoin Retreats as Another Cryptocurrency Offshoot Appears
- Bitcoin Gold’s arrival pushes spot price down as much as 5.9%
- Traders discussing yet another split of the digital currency
Bitcoin to 'Undoubtedly' See a Correction, Says Jenkins
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First there was bitcoin, then bitcoin cash -- and now there’s bitcoin gold.
A new iteration of the cryptocurrency has been formed after some developers split the blockchain, the digitized ledger on which the bitcoin is based. Called bitcoin gold, the offshoot comes less than three months after bitcoin cash was created.