Early this morning, cryptocurrencies were all simultaneously hit by selling pressure and as the day has worn off, it has accelerated with one witty trader noting "it's a virtual bloodbath." 9 of the Top 30 cryptocurrencies (by market cap) are in the red and while there remains no immediat catalyst, chatter is focused on uncertainty surrounding SegWit (another potential fork in the codebase) and some looming large ICOs... As a reminder SegWit (or Segragated Witness) is a proposed update to the Bitcoin software, designed to fix a range of serious issues. As CoinTelegraph reports, originally, the update was aimed at ... (full story)