Bitcoin is range-bound but altcoins are rallying, indicating increasing interest among traders looking to make sizable gains off altcoins.
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.
Bitcoin and altcoins pushed higher today and many are showing signs of a possible trend reversal.16568
Bitcoin and many altcoins are struggling to rise above the 20-day EMA, suggesting bears have the advantage in the short-term.16568
Despite a growing number of advanced privacy features, Bitcoin Cash seems to have fallen out of favor with Dark Web operators.3201
Bitcoin and a few altcoins have bounced off their recent lows, suggesting that the sentiment remains to buy the dips.20549
Bitcoin's price dropped below the ascending triangle trendline, suggesting further bearish price action for BTC and altcoins.19017
Altcoins corrected as Bitcoin price dropped below $9,000, but traders buying the BTC dip could provide room for altcoins to recover.27173
Bitcoin price continues to lose momentum, signaling the possible start of a deeper correction below $8,200.18008
New service from Bitcoin.com lets users send Bitcoin Cash to anyone with an email — something Roger Ver believes this is no longer feasible with Bitcoin.4242
A few major cryptocurrencies are close to breaking below their critical support levels, indicating further downside in the next few days.15904
Bitcoin.com’s forum will close in one month.8610
Bitcoin is flashing some bullish signals as volatility is expected to pick up over the next few days.14884
Most major cryptocurrencies are stuck in a range suggesting a balance between supply and demand.12067
Bitcoin price is struggling to overtake $9.6K even as Federal Reserve policy appears to be driving new investors into BTC.15624
Recent surges in open interest on Bitcoin and Ethereum options contracts suggests institutional players are continuing to build positions in the top two cryptocurrencies.14447