Many major cryptocurrencies are breaking out of their critical overhead resistance levels and it seems the uptrend is likely to continue for the next few days.
Bitcoin Cash News
In May 2017, Bitcoin transactions could take up to four days to complete. The only way to make a transaction quicker was to pay a transaction fee, which at the end of 2017 was around $28. The delay and the need to pay fees made Bitcoin impractical for making small purchases, which led to a new Bitcoin-based currency Bitcoin Cash (BCH).
BCH is a cryptocurrency established as a result of the hard fork that took place to manage the scalability problem. Bitcoin Cash has a number of significant differences to Bitcoin: it is advertised as being faster and cheaper to use, the maximum block size is eight megabytes against one in previous Blockchain, and it has an emergency difficulty adjustment feature. Bitcoin Cash also uses 0-conf (or zero-conf) which allows for nearly instant transactions, meaning Bitcoin Cash transactions are almost always confirmed in the next block.
- Price Analysis
- News
by Greg Thomson
CEO of Bitcoin.com Roger Ver has swiped away claims that he laid off 50% of his staff, labeling the news “more Bcash FUD”.
- Price Analysis
Bitcoin price continues to push higher but major cryptocurrencies should sustain above their 20-day EMA to confirm that the downtrend might be over.
- News
by Greg Thomson
Ethereum creator Vitalik Buterin clashed with a Bitcoin developer on Twitter when he told him that Bitcoin wasn’t always ‘digital gold’.
- Price Analysis
After a strong bounce from key support levels, many cryptocurrencies are now struggling to break above the 20-day EMA.
- Markets News
Two halvings in April will spark a month of increasing attention to BTC until its own halving takes place, despite its lack of profitability, says Coin Metrics.
- Price Analysis
Most cryptocurrencies have bounced off their immediate support levels, a positive as this shows demand at lower levels.
- News
Roger Ver, the prominent Bitcoin Cash advocate and former CEO of Bitcoin.com, appears to think that the world’s reaction to the COVID-19 pandemic is disproporti...
- Price Analysis
Most cryptocurrencies have turned down from their overhead resistance levels suggesting a minor correction or period of consolidation will occur in the next few...
- News
by Samuel Haig
Mt Gox trustee drafts rehabilitation plan that would see claims in fiat currency, BTC, and BCH processed in their requested form.
- Price Analysis
Many cryptocurrencies are showing signs of buying but traders are cautious as they are yet to break above their critical resistance levels.
- Price Analysis
Bitcoin price remains range bound and several major cryptocurrencies are attempting to break above the overhead resistance levels.
- Price Analysis
Most top performers of the past week show buying at strong support levels. If the rebound picks up strength, it might signal that a bottom is in place.
- Price Analysis
Current price action from top cryptocurrencies suggests that the path of least resistance is to the upside, indicating the market could be in the early stages o...
- News
Tether has just gone live as a Standard Ledger Protocol token on the Bitcoin Cash network.
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