Over the past 6-days, the collective digital assets industry has taken somewhat of a breather as the bears seemed to have reduced their pressure on the market. Yet, most of the altcoins are still steadily dropping. The bottom was created for Bitcoin and the rest, on 3rd September itself, however, after rallying back above immediate...Read More
Bitcoin Cash had some positive news on the adoption side of business. Technical analysis also showed Bitcoin Cash might be in a consolidation phase in the short term. The selling pressure on Cardano over the past few days appeared to have weakened. Stellar Lumens bears also appeared to be exhausted in the short term. Bitcoin...Read More
“The time to buy is when there’s blood on the streets”, said Baron Rothschild. It could be difficult to discern whether the bloodshed has halted, or if there is more red to be seen. Tezos, Litecoin and Bitcoin Cash showed no signs of halting as they nosedived past support levels. A redeeming fact was that...Read More
Earlier in the week, Bitcoin ended up losing over 5 percent of its trading value in around an hour’s time. In line with the crypto-market’s long-standing tradition, this price drop went on to affect the rest of the altcoins too, with BCH being one of them. Bitcoin Cash’s price action had looked promising all throughout...Read More
The effects of Bitcoin’s recent collapse were far-reaching, with many of the market’s altcoins noting repercussions on their own price charts. The likes of Bitcoin Cash, Synthetix, and VeChain weren’t immune to these effects either, with all the value of all these alts falling dramatically. It should be noted, however, that the depreciation in the...Read More
In a panel discussion with the Brooking Institution, Governor of the Bank of England, Andrew Bailey said that stablecoins, Bitcoin, and other cryptocurrencies are difficult and unsuitable for the public to use for traditional payments as he believed that the majority of the retail public still does not understand the usage of digital currencies. According...Read More
Disclaimer: The findings of the following article should not be taken as investment advice, with the same deduced based on the current volatility in the Bitcoin Cash market With the collective market indecisive with respect to opting for a market trend, altcoins in the middle seem to be enduring a lot of the collateral damage....Read More
Bitcoin Cash (BCH) holders look certain to be in for some free coins come this November, when the ongoing confrontation between disparate groups in the coin’s community will reach its climax in a hash war and subsequent chain split. The conflict in the BCH camp arose when lead developer, Amaury Séchet, announced the inclusion of...Read More
Roger Ver today announced in his tweet that deadalnix will be forking from Bitcoin Cash on 15 November, 2020. The tweet did not mention the name of the new coin that will be created as a result of the fork, but twitter users were quick to chime in with suggestions like BCASH. Bitcoin ABC and...Read More
Bitcoin Dominance dipped to 59.7 as Ethereum surged to $444. Bitcoin Cash showed signs of continued bearishness. Zcash could be gearing up to flip a resistance to support. Algorand was trading at a level that buyers and sellers were evenly matched at. Bitcoin Cash [BCH] Source: BCH/USD on TradingView BCH showed continued bearishness. It has...Read More
Bitcoin Cash, at the time of writing, was showing signs of bullishness, with the asset attempting to reverse the downtrend of the past few days. However, a confirmation of the same could still take a few days on the charts. On the contrary, DigiByte was struggling under strong bearish momentum. Further, Cosmos noted excellent gains...Read More
Disclaimer: The following article attempts to analyze the emerging patterns in Bitcoin Cash’s long-term market and its impact on the price While the Bitcoin Cash upgrade has been scheduled for 15 November, there has been a longstanding debate about the fork coin’s difficulty adjustment algorithm [DAA]. Despite the many controversies BCH seems to be embroiled...Read More
The international energy company, Equinor plans to repurpose gas flaring from U.S oil fields to support Bitcoin (BTC) mining, according to a new report from Arcane, a cryptocurrency market research hub. Arcane Research said that it received screenshots from Equinor’s blog that detailed the company’s plans to use natural gas, instead of flaring it, in...Read More
As the rallying market came to a grinding halt over the past week, most cryptocurrencies recorded corrections on their charts. The impact of the downtrend suffered by the Bitcoin market was also shared by its hard fork, Bitcoin Cash [BCH], as well as other major cryptos in the market, including the likes of IOTA and...Read More
The 24-hour chart marked one of the strongest correction periods for the collective cryptocurrency space in August. Bitcoin re-tested its support range from $11,400-$11,200 at press time. Taking the king coin’s cue, its forked cousin Bitcoin Cash followed behind and depleted towards a critical range as well. At press time, Bitcoin Cash was valued at...Read More
The amount of turbulence depicted by the altcoins is significant at the moment. Even though the trend is overall bullish, some of the assets are trying to re-test higher price points to consolidate above their supports. Over the past-day, Bitcoin Cash was able to sustain a bit of recovery whereas Zcash declined on the charts....Read More
The cryptocurrency market valuation has almost doubled year to date. Then why are XRP and BCH, two of the top 10 cryptocurrencies, down by more than 90 percent since hitting ATH, while all other coins are posting high returns? Can it be attributed to diminishing investment interest and community support? Or perhaps, the increasing trust...Read More
Bitcoin Cash and Doge have spent August bouncing from support to resistance. At press time, both coins lacked momentum to force a big move up or down. The direction they are heading towards might be better gauged in the next few days. Ethereum Classic was able to defend support but did not offer anything else....Read More
Bitcoin as an asset performed well under unforeseen market conditions. Most cryptos followed Bitcoin’s trend but not at the same pace. Bitcoin Cash spent months dithering before surging in late July to make up for its losses in March. VeChain, last month, saw wild returns before settling down to gather steam. Crypto.com had been marching...Read More
Disclaimer: The following article should not be taken as investment advice. The findings of the same should be foreseeable over the next couple of weeks The bullish trend so evident in the early days of August is slowly starting to fade, with a majority of the market’s altcoins taking a dive on their charts. However,...Read More
The last few months have seen the market’s altcoins perform exponentially, with many of them noting significant rallies on the charts, in direct opposition to the correlation they once shared with Bitcoin, the world’s largest cryptocurrency. The last few days, however, saw these alts moving in line with Bitcoin, with the latter’s move over $12,000...Read More
Disclaimer: The following article attempts to analyze the emerging patterns in the Bitcoin Cash short-term market and its impact on the price. After the surge witnessed in the market on 17 August worth, Bitcoin Cash tested the resistance at $324.43 and began its descent. Due to the sudden sell-off, the price of BCH slipped back...Read More
Stellar Lumens had a stellar week in the market while Bitcoin Cash and continued to trade beneath its immediate resistance. Interestingly BAT has broken out of a consolidation zone and is likely lead to further interest from traders and investors, and may push prices further upward. Bitcoin Cash [BCH] Source: BCH/USD on TradingView Bitcoin Cash...Read More
With all the buzz around Chainlink’s and Bitcoin’s rapid rise and consolidation, respectively, other resurgent and dampened altcoins have been left out of the limelight. Bitcoin Cash, the hardfork of Bitcoin, for instance, has been replaced on the 5th spot of the coin market by the aforementioned Chainlink. Tezos despite a bullish rise has been...Read More
Bitcoin Cash‘s price movement since the beginning of the month has been stuck between the $290 – $320 price level. While the coin did manage to stay above the $300-level for a while, the past week saw BCH slump even further on the charts. At the time of writing, Bitcoin Cash was being traded at...Read More
Bitcoin’s price, at the time of writing, was facing strong resistance around the $12k mark. Bitcoin’s inability to brush past this resistance also seemed to stunt the growth of many of the market’s altcoins, with fork coin Bitcoin Cash losing close to 12 percent of its trading value in the past week, along with a...Read More
After Bitcoin’s collapse down to $11,285, the rest of the altcoin market finally appeared to tag along for the current bearish ride. Bitcoin Cash, just like other major altcoins slipped by 12.36%, as its valuation witnessed a downtrend from a high of $305 to $270. After the markets actively pictured a recovery, a short-term long...Read More
Bitcoin Cash, the popular fork of Bitcoin, seemed to be holding well on the charts with its price noted to be $305, at the time of writing. Bitcoin Cash, formerly the 4th largest crypto-asset in the market, had a market of $5.66 billion, with the last 24 hours ringing with positive developments for BCH. Now,...Read More
While Bitcoin’s surge and consolidation over $11,000 grabbed the mainstream headlines, in the crypto world, all attention is on Chainlink. The altcoin surged into the top-10 with a massive 20 percent gain in the past 24-hours now occupying the sixth spot behind Bitcoin Cash, with a market capitalization difference of $1.2 billion at press time. ...Read More
Bitcoin Cash‘s price action over the past week has been promising, despite BCH having encountered a strong resistance level that stopped the coin from surging even further on the charts. While the BCH community has been split with regard to its network’s difficulty adjustment, the market’s 5th-largest cryptocurrency and fork coin has managed to stay...Read More
