If the crypto markets bottom out, volumes will pick up. Let’s look at the charts, and see where major coins are heading in the short term.
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
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SBI will consult with a mining electronics entrepreneur Adam Traidman after forming SBI Mining Chip Co., Ltd.
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The trustee of Mt.Gox has announced that he has concluded the processing of creditors’ rehabilitation claims.
- Price Analysis
Another multi-million dollar token sale that sold out in minutes on Binance Launchpad shows that appetite for new coins with strong use cases is returning.
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Leading Swiss online retailer Digitec Galaxus has announced that it now accepts cryptocurrencies.
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Ethereum’s Joseph Lubin predicted this week that blockchain will make up more of the global economy in the coming decades.
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Most of the top cryptocurrencies and Bitcoin are reporting slight to noteworthy losses on the day as Bitcoin Cash sees gains.
- Market Analysis
The crypto market is looking at a tentative uptrend — let’s take a look at the coins leading the way.
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Nearly all of the top 20 cryptocurrencies are reporting slight to noteworthy gains as Bitcoin breaks $4,000.
- Price Analysis
Some experts are predicting another Bitcoin rally in August once fundamentals have improved.
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Numerous companies have been moving ahead with blockchain and crypto projects, showing interest from traditional players.
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Industry experts are forecasting wider adoption of cryptocurrencies and the emergence of another bull market.
- Price Analysis
While the current fall could dampen sentiment, the overall structure of major cryptocurrencies remains unchanged.
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Exchange and social network for investors and traders eToro has launched its cryptocurrency trading services in the United States.
- Price Analysis
Crypto companies are continuing to onboard talent from traditional industries, while crypto market fundamentals improve.
Editor’s Choice
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- BitMEX CEO Arthur Hayes Says Bitcoin Will Test $10,000 in 2019
- Crypto Markets Report Slight Gains While Gold Rises
- Bitcoin, Ethereum, Ripple, Litecoin, EOS, Bitcoin Cash, Binance Coin, Stellar, Tron, Cardano: Price Analysis, March 22