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Grayscale Investments revealed its Bitcoin Cash Trust (BCHG) and Litecoin Trust (LTCN) are available for public trading. The move comes after the crypto hedge fund giant obtained Depository Trust Company (DTC) eligibility for the two products. Bitcoin Cash and Litecoin Shares Available to the Public The leading asset management company made the announcement via a […]
Chainlink (LINK) rallied over 30% and it traded close to the $17.000 level against the US Dollar. It dethroned bitcoin cash and moved to the 5th spot in terms of the market cap. Chainlink token price is gaining momentum and it broke the $16.500 resistance against the US dollar. The market cap jumped sharply and […]
The number of Bitcoin Cash investors holding at least $3M dropped by 10 since Aug. 1 following the price surge to more than $311. Following a 39% price surge at the end of July, at least 10 Bitcoin Cash whales have left the network, possibly trading or selling their millions in holdings. According to Crypto […]
Cash App is paying Joe Rogan big bucks to talk up Bitcoin according to his scripted spiel on his most recent podcast. Podcaster Joe Rogan used the first few minutes of a recent episode to read out an advertisement for his sponsor Cash App and to tell listeners to buy Bitcoin. On Episode 1515 of […]
Bitcoin Cash Trust and Litecoin Trust will carry the tickers BCHG and LTCN once they commence OTC trading.
Grayscale, a leading cryptocurrency asset management firm with $4 billion assets under management, has received approval from the United States Financial Industry Regulatory Authority (FINRA) to launch its Bitcoin Cash Trust and Litecoin Trust and make the shares available for public trading on over-the-counter (OTC) markets, according to a press release on July 20, 2020. […]
Most cryptocurrencies, from Bitcoin to XRP, haven’t fared too well since the highs of the last bull market. Even BTC, which is arguably more bullish than ever fundamentally, is down by over 50% from its all-time high. Bitcoin Cash, however, has done especially poorly, with it only recently getting worse. Bitcoin Cash Hits Fresh Low […]
While overall developer activity is down for most leading crypto assets, core code updates appear to be on the increase. A report published by blockchain and AI investment firm Outlier Ventures has found a decline in developer activity of roughly 20% on average across 12 leading blockchain and cryptocurrency projects. In Outlier Ventures’ Blockchain Developer […]
Bitcoin cash price corrected lower from the $270 resistance zone. BCH seems to be preparing for the next crucial break either above $260 or towards the $230 support. Bitcoin cash price is trading in a range above the $250 support zone against the US Dollar. The price must break the $260 resistance zone to start […]
Bitcoin and Gold markets formed a strong intraday positive correlation for the first time since January 2020. The safe-haven rivals suffered losses on Thursday as investors rushed to the safety of cash. Peter Mallouk, president and chief investment officer of Creative Planning, advised investors not to gain exposure in Gold and Bitcoin. Even though Bitcoin […]
Data indicates that someone was propping up Bitcoin Cash at a loss prior to the halving. Since it was first launched back in August 2017, Bitcoin Cash (BCH) has failed to make an impact in terms of metrics like price and trading volume. Having said that, the altcoin, whose roots can be found in the […]
Bitcoin eyes a new price rally as investors assess the provisional reopening steps taken by the U.S. states. Analysts believe a restrained second wave of Covid-19 infections could increase risk sentiment. There is now around $2.3 trillion sitting in money market funds and banks to reenter markets. Bitcoin’s growing correlation with the U.S. equities could lead […]
Bitcoin is looking like a store of value again, as major currencies fall behind.
Tether, the stablecoin leader, has announced that it is launching on Bitcoin Cash as well. The Bitcoin Cash protocol uses a sub-protocol, called the Simple Ledger Protocol (SLP), to issue tokens on top of the blockchain base layer, per Bitcoin News, March 21, 2020. Stablecoins for Tumultuous Times The recent market crash bolstered the value proposition of […]
Bitcoin (BTC) is under immense sell pressure. In the last trading day, BTC holders are definitely feeling the pinch and most are already panic selling. But there could be many reasons for holding than panic selling. Bitcoin BTC Market Performance PlusToken Bitcoin Liquidation First, the crypto scene is littered with talk that Bitcoin is dragging […]
Bitcoin Cash (BCH) proponent Roger Ver says neither he nor Bitcoin.com endorsed the controversial 12.5% BCH miner tax. Meanwhile, Bitcoin ABC is proposing a new dev funding plan which reduces the tax rate to 5% of the block reward. Roger Ver Distances Himself from Bitcoin Cash Miner Tax In a YouTube video Roger Ver, Executive […]
The proposed fork will see 12.5 percent of block rewards diverted to a new BCH-specific development fund. Reactions have been mixed.
Bitcoin SV price extended its rally by more than 100% and climbed above $400.00. BSV surpassed the market cap of bitcoin cash, but let’s see if this rally can continue or not. Bitcoin SV price rallied significantly and above $300.00 and $400.00 against the US Dollar. It exceeded the total market cap of bitcoin cash […]
As Bitcoin rallied to a multi-month high at $8,859, altcoins vigorously shook off their current malaise by posting double-digit gains, most notably, Bitcoin SV. On Tuesday Bitcoin price (BTC) pushed through $8,600 and rallied all the way to $8,859 before taking what appears to be a breather near $8,750. As reported earlier by Cointelegraph, crypto […]
Those who held Bitcoin Cash (BCH) during its meltdown in the latter half of 2019, there may still be time to generate enormous gains. Famous crypto analyst DonAlt on Friday discussed the bullish prospects of the fifth-largest blockchain project by market capitalization. The trader said he expects the BCH-to-dollar exchange rate to hit $380 in […]
Former Bitcoin.com CEO, Roger Ver, was shilling Bitcoin Cash on CNBC’s Power Lunch yesterday. During the interview, Ver maintained his position that BCH “is the real Bitcoin”, and suggested that it could go up in price by 1000 times the current value. Ignore Local Crashes; Crypto Is Here To Stay Ver first defended the past month’s […]