The challenges faced by Terra, Wonderland and a handful of other DeFi projects exposed the need for investors to do more research and avoid cult personalities.
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 SV joins the hard fork in posting dismal price performance as the dust settles on the Terra UST debacle.3878
“Bitcoin Jesus” Roger Ver has made a comeback to Twitter and says Dogecoin is a top contender for the world’s dominant cryptocurrency.7934
Technical charts indicate that BTC, XRP, LINK, BCH and FIL may be on the verge of a sharp breakout, but traders are unsure of the direction.13776
The two cryptocurrencies look poised to end 2021 in double-digit percentage losses against Bitcoin.7026
The SBI crypto-asset fund consists of seven cryptocurrencies including Bitcoin, Ethereum, Litecoin, XRP, Bitcoin Cash, Chainlink and Polkadot, none exceeding more than 20% in ratio.9650
A fraudulent statement claimed that Bitcoin Cash would be accepted at over 2,000 grocery stores in the United States.5768
Cryptocurrency adoption is still in its early days. According to one team, widespread usage will be driven by easy-to-use apps that enable real-world utility.7084
Walmart plans to eventually install 8,000 Bitcoin ATMs in the U.S. and has installed 200 in a pilot program.33123
Smart contract capabilities are rendering old-school megalithic crypto projects obsolete as blockchains evolve beyond just being a medium of exchange.21758
The cinema operator has expanded its plans to accept crypto payments for movie tickets with the inclusion of Ether and Litecoin.21719
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.50904
Bitcoin’s steady climb toward new highs is bringing about the usual breakout from legacy altcoins like LTC, BCH and XLM.22462
POLY, BCHA and XYO led altcoins higher after BTC flipped $50,000 to support and ETH hit $4,000.18123
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.33341