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“# Taxman gets the boot: Bitcoin Cash Node emerges as victor of hard fork ” The Bitcoin Cash network just went through yet another fork after originally being created as a hard fork from the Bitcoin (BTC) blockchain in August 2017. The hard fork on Nov. 15 split the Bitcoin Cash network into two new…
“# Price analysis 11/16: BTC, ETH, XRP, LINK, BCH, LTC, BNB, DOT, ADA, BSV ” As Bitcoin (BTC) continues to rally to a new 2020 high above $16,700, traders are pondering whether this is the start of a new bull market. Mike McGlone, senior commodities strategist at Bloomberg Intelligence, believes that the main hurdle is…
“# Grayscale’s BCH trust loses $1.6M in value as hard fork begins ” The value of assets under management for crypto fund manager Grayscale Investments’ Bitcoin Cash Trust has fallen $1.6 million following the announcement that the crypto asset would be forking on Nov. 15. According to data from Coin Dance, the Bitcoin Cash (BCH)…
“# Price analysis 11/13: BTC, ETH, XRP, LINK, BCH, LTC, BNB, DOT, ADA, BSV ” Data shows that Bitcoin’s (BTC) current rally is supported by greater participation from retail and institutional investors. The CME Bitcoin futures open interest has moved closer to the previous all-time high, a sign that institutional investors are becoming more interested…
“# 1.5M Bitcoin Cash deposited on exchanges as fork looms ” Bitcoin Cash (BCH) hodlers are scrambling to get their coins onto exchanges ahead of the hard fork expected for Nov. 15. According to Chainalysis, nearly $140 million worth of BCH has flowed onto exchanges in just the past week, bringing November’s total up to…
“# Price analysis 11/11: BTC, ETH, XRP, LINK, BCH, BNB, DOT, LTC, ADA, BSV ” Bitcoin and several altcoins are showing signs of breaking above their overhead resistance levels, which suggests bulls remain in control. <p>Billionaire investor Stanley Druckenmiller became the latest famous name to disclose a Bitcoin position. Although Druckenmiller did not specify the…
“# Bitcoin Cash hits record lows vs. Bitcoin days before hard fork ” Altcoin traders continue to feel the pain as Bitcoin (BTC) gains, with Bitcoin Cash (BCH) hitting new all-time lows. Data from Cointelegraph Markets and other sources shows that as of Nov. 10, BCH is worth less in BTC terms than ever before….
“# Price analysis 11/9: BTC, ETH, XRP, BCH, LINK, BNB, LTC, DOT, ADA, BSV ” Bitcoin price is recovering well from its 6% drop to $14,800 but top altcoins are slow to follow. <p>Professional traders are often perceived to be the smartest as they weigh the risks before investing in an asset class. Opposite to…
“# Price analysis 11/6: BTC, ETH, XRP, BCH, LINK, BNB, LTC, DOT, ADA, BSV ” Bitcoin price looks slightly overextended in the short-term and may take a break while altcoins play catch-up. <p>The United States Federal Reserve Chair Jerome Powell recently said that additional fiscal stimulus could result in a stronger recovery. He also emphasized…
“# Trezor’s failure to support upcoming BCH fork comes under fire ” Hardware wallet manufacturer Trezor drew criticism after it announced Bitcoin Cash (BCH) holders hoping to receive an airdrop with the hard fork expected for Nov. 15 will have to transfer their coins elsewhere. In a Nov. 5 announcement, Trezor’s parent company, SatoshiLabs, asserted…