Smart contract capabilities are rendering old-school megalithic crypto projects obsolete as blockchains evolve beyond just being a medium of exchange.
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.
The cinema operator has expanded its plans to accept crypto payments for movie tickets with the inclusion of Ether and Litecoin.20503
BTC and most altcoins are attempting to capitalize on the market-wide oversold bounce of Sept. 8, but the recovery could be thwarted by sell pressure at overhead resistance levels.49676
Bitcoin’s steady climb toward new highs is bringing about the usual breakout from legacy altcoins like LTC, BCH and XLM.21911
POLY, BCHA and XYO led altcoins higher after BTC flipped $50,000 to support and ETH hit $4,000.17263
Even with Wednesday's pullback, Bitcoin and most major altcoins are finding buyers on minor dips to underlying support levels, signaling that the trend remains bullish.32708
Select altcoins are likely to move higher even as Bitcoin price takes a breather after hitting $50,000 for the first time in months.38243
Bitcoin has resumed its move toward $50,000 and this is likely to send altcoin prices higher.57348
Bitcoin and most major altcoins are near critical overhead resistance levels, suggesting that the downtrend is very close to ending.40894
“After an attempted attack yesterday, some serious hashing power was unleashed today at 11:46 am and attackers are succeeding,” said Lucas Nuzzi of Coin Metrics, referring to the Bitcoin SV chain.41403
Bitcoin price has hit a few barriers, but many altcoins appear positioned for continuation.31208
Traders expect altcoins to move higher now that Bitcoin price finally pierced the $41,000 resistance.42084
Bitcoin's defense of the $38,000 level and renewed interest from institutional investors could be a sign that the bull trend is resuming.24289
Traders are hopeful that Bitcoin’s bounce from $29,000 to $40,000 and the strong rally seen in altcoins is a signal that the bull market has resumed.27598
Data from Delphi Digital shows holding BTC and ETH was more profitable than investing in weighted average market cap crypto and DeFi index funds.36442