Bitcoin Cash (BCH) Climbs Higher After Halving Event

One of the most crucial events in the lifetime of most cryptocurrencies is its halving event. Bitcoin Cash (BCH) had its much-anticipated halving on Wednesday. BCH had its first block reward halving yesterday, and the event resulted in a rally in the cryptocurrency. After the halving, BCH soared by 15% over the past 24 hours, and it will likely be in focus over the course of the coming days. Is Halving a Bullish Sign? A halving measure generally involves providing miners with half the rewards they used to get for mining one block. In theory, it … Read The Full Article On CryptoCurrencyNews.com Get latest cryptocurrency news on bitcoin, ethereum, initial coin offerings, ICOs, ethereum and all other cryptocurrencies. Learn How to trade on cryptocurrency exchanges. All content provided by Crypto Currency News is subject to our Terms Of Use and Disclaimer.

Bitcoin cash

One of the most crucial events in the lifetime of most cryptocurrencies is its halving event. Bitcoin Cash (BCH) had its much-anticipated halving on Wednesday. BCH had its first block reward halving yesterday, and the event resulted in a rally in the cryptocurrency. After the halving, BCH soared by 15% over the past 24 hours, and it will likely be in focus over the course of the coming days.

Is Halving a Bullish Sign?

A halving measure generally involves providing miners with half the rewards they used to get for mining one block. In theory, it …

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Bitcoin Cash (BCH) Gains Momentum, Soars 16% on High Volume

Over the past years, the altcoins market has grown at a breathtaking pace, and during this period, Bitcoin Cash (BCH) has emerged as one of the more popular ones. This week, BCH emerged as one of the biggest gainers in the crypto space and gained as much as 16% in the past 24 hours as altcoins seemed to make a comeback. It should be noted that 2019 was a pretty disappointing year for altcoins; however, things seemed to have changed for the better in 2020. Much of BCH’s surge took place during a four-hour window, and … Read The Full Article On CryptoCurrencyNews.com Get latest cryptocurrency news on bitcoin, ethereum, initial coin offerings, ICOs, ethereum and all other cryptocurrencies. Learn How to trade on cryptocurrency exchanges. All content provided by Crypto Currency News is subject to our Terms Of Use and Disclaimer.

Bitcoin Cash

Over the past years, the altcoins market has grown at a breathtaking pace, and during this period, Bitcoin Cash (BCH) has emerged as one of the more popular ones. This week, BCH emerged as one of the biggest gainers in the crypto space and gained as much as 16% in the past 24 hours as altcoins seemed to make a comeback.

It should be noted that 2019 was a pretty disappointing year for altcoins; however, things seemed to have changed for the better in 2020. Much of BCH’s surge took place during a four-hour window, and …

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Bitcoin Cash (BCH) vs. Bitcoin SV (BSV): The Race Continues

The cryptocurrency market has hit a bit of stride these past few days. One the market hasn’t seen in quite some time. Bitcoin (BTC) is trading above $4,000, and Ethereum is sitting just above $115. Today, we’ll take a closer look at Bitcoin Cash (BCH) and Bitcoin SV (BSV) and their latest movements. Bitcoin Cash…

Bitcoin Cash (BCH)

The cryptocurrency market has hit a bit of stride these past few days. One the market hasn’t seen in quite some time. Bitcoin (BTC) is trading above $4,000, and Ethereum is sitting just above $115. Today, we’ll take a closer look at Bitcoin Cash (BCH) and Bitcoin SV (BSV) and their latest movements.

Bitcoin Cash (BCH)

Bitcoin Cash or Bitcoin ABC has been dominating its peers on the crypto market. This week, BCH is up nearly 150%. What is the reason for this sudden spike? It remains unknown at this time. However, Bitcoin ABC won the hash war, and most exchanges are deeming Bitcoin ACB as the true Bitcoin Cash.

Pretty much from the start, Bitcoin ABC was backed by many of the major cryptocurrency exchanges, putting it in a great position to reign supreme. Still, Bitcoin SV remains strong.

According to Yahoo Finance, BCH is currently trading at $204.41 a coin, up 18.70%, in 24 hours.

Bitcoin SV (BSV)

On the flip side, Bitcoin SV lost the hash war and therefore can’t be deemed as the official Bitcoin Cash (BCH). But I’m not sure Craig Wright or Bitcoin SV enthusiasts are mad about that. Bitcoin SV, or ‘Satoshi’s Version,’ is said to be the digital currency Satoshi Nakamoto first envisioned in his original whitepaper.

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In the past, Wright has claimed that he is the original Nakamoto, but many in the crypto space have laughed immensely at the claim. Vitalik Buterin, Ethereum’s co-founder, has even gone as far as calling Craig Wright a fraud at a crypto conference in April.

Despite all the negative press and lack of backing by exchanges, Bitcoin SV remains strong. But can it hold up? At press time, the digital currency is the seventh largest digital currency by total market cap. According to CoinMarketCap, BSV is trading at $114.31 a coin, up 12.76% in 24 hours. For the week, Bitcoin SV is up nearly 51%.

While Bitcoin ABC may have won the Bitcoin Cash (BCH) race, the race for the better digital currency and blockchain continues! Which side are you on?

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Ripple (XRP) and Bitcoin Cash (Bitcoin ABC) Surge!

Cryptocurrencies are absolutely booming this morning, just in time for the holidays! All but five digital currencies that are in the top 100 are trading green. This is quite a shift, as 2018 has been a negative year for digital currencies. Today, we’ll take a look at Ripple (XRP) and Bitcoin Cash (Bitcoin ABC). Ripple…

Ripple (XRP)

Cryptocurrencies are absolutely booming this morning, just in time for the holidays! All but five digital currencies that are in the top 100 are trading green. This is quite a shift, as 2018 has been a negative year for digital currencies. Today, we’ll take a look at Ripple (XRP) and Bitcoin Cash (Bitcoin ABC).

Ripple (XRP)

The CEO of Ripple, Brad Garlinghouse, sat down yesterday for a ‘Ask Me Anything‘ chat with the company’s VP of Marketing. Monica Long asked Garlinghouse a series of questions surrounding Ripple and XRP. Of course, she asked Mr. Garlinghouse if XRP was a security or not. The Ripple CEO has been asked this countless times, and every time he answers with a resounding, “No.”

Garlinghouse explained:

“I think it is very clear XRP is not a security. There is a whole bunch of base layer reasons for that. One of the most important I think is if Ripple the company shuts down, XRP trades on over a hundred exchanges around the world and XRP will continue to trade. Ripple is one important participant in the XRP ecosystem but there are a whole bunch of participants.”

Thus the difference between XRP and Ripple, which are often confused. However, XRP often rises when Ripple makes major announcements.

According to CoinMarketCap, XRP is trading at $0.372 a share, up +11.99% in 24 hours.

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Bitcoin Cash (Bitcoin ABC)

Bitcoin ABC has won the hash war, and today, it’s dominating the cryptocurrency market. At press time, Bitcoin Cash is seeing the most percentage gains out of all the top 70 cryptocurrencies. The digital token’s rival, Bitcoin SV (BSV), is also seeing gains, but not as high.

It remains unknown at this time how long Bitcoin SV will last, but it seems Bitcoin Cash (Bitcoin ABC) is here to stay.

At the time of writing, Bitcoin ABC or BCH is trading at $142.92 a coin, up 42.99% in 24 hours.

What do you think about Ripple and Bitcoin Cash?

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Is Bitcoin ABC the Real Bitcoin Cash? OKEx Thinks So!

OKEx has officially taken sides in the Bitcoin Cash hash war. According to an official statement made by the Malta-based cryptocurrency exchange today, it will list Bitcoin Cash ABC under the original Bitcoin Cash (BCH) ticker. Bitcoin ABC Wins with OKEx The statement reads: “We will change the ticker of Bitcoin Cash ABC from BCHABC…

Bitcoin ABC

OKEx has officially taken sides in the Bitcoin Cash hash war. According to an official statement made by the Malta-based cryptocurrency exchange today, it will list Bitcoin Cash ABC under the original Bitcoin Cash (BCH) ticker.

Bitcoin ABC Wins with OKEx

The statement reads:

“We will change the ticker of Bitcoin Cash ABC from BCHABC to BCH, and that of Bitcoin Cash SV from BCHSV to BSV at 5am Dec 13, 2018 (CET, UTC +1). At the same time, spot trading of BCHABC and BCHSV will also be suspended. All remaining balance of the original BCH will be settled, and the asset will be removed from your account.”

The Bitcoin Cash hard fork split took place on November 15th and caused a lot of drama within the cryptocurrency community. In addition to the drama, coins began falling at a rapid rate as investors lost confidence.

From the beginning, Bitcoin ABC has been supported by a number of the major cryptocurrency exchanges. Bitcoin ABC is led by Roger Ver, CEO of Bitcoin.com. The more conservative upgrade to the Bitcoin Cash protocol was supported by Coinbase, Binance, and Bitmain from the beginning. Gemini, the cryptocurrency exchange owned by the Winklevoss twins, also voiced it would only support Bitcoin ABC.

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Its competitor, Bitcoin SV, was founded by Craig Wright. Bitcoin SV was the more radical protocol upgrade and increased the block size of BCH from 32MB to 128 MB. Craig Wright named the upgrade Bitcoin SV or ‘Satoshi’s Vision’ because he believes it is what the original Bitcoin (BTC) was meant to be. Wright has claimed in the past that he is the originator of the Bitcoin whitepaper released in 2008 and has been called ‘Faketoshi’ by the crypto community.

Bitcoin Cash ABC has claimed victory. CoinMarketCap, the world’s most used cryptocurrency index, has even kept Bitcoin ABC’s movement under the original Bitcoin Cash (BCH) ticker. Sorry, Faketoshi.

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Bitcoin Cash Hash War: Who Won?

Nearly ten days ago, Bitcoin Cash underwent its second scheduled protocol upgrade of the year. Most in the crypto community know that a ‘hard fork’ in the chain is the only way to upgrade proof-of-work consensus protocols. Just before this upgrade occurred, competing proposals emerged and split the BCH community in three. From the scheduled hard…

Bitcoin Cash Hash War

Nearly ten days ago, Bitcoin Cash underwent its second scheduled protocol upgrade of the year. Most in the crypto community know that a ‘hard fork’ in the chain is the only way to upgrade proof-of-work consensus protocols. Just before this upgrade occurred, competing proposals emerged and split the BCH community in three. From the scheduled hard fork, three fractions of the Bitcoin Cash blockchain emerged, and the Bitcoin Cash hash war began.

Bitcoin Cash Hash War

On November 15th, BCH was split into Bitcoin SV, Bitcoin ABC, and Bitcoin Unlimited.

Bitcoin ABC was led …

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Bitcoin Cash Hard Fork Controversy: Roger Ver vs. Craig Wright

Hard forks and lack of governance were a huge issue during the rise of cryptocurrency back in late 2017. It seems this hasn’t changed in 2018, as we have just encountered a new Bitcoin Cash hard fork controversy. Hard forks are required for large blockchain network updates and require all nodes running the network to switch…

Bitcoin Cash hard fork

Hard forks and lack of governance were a huge issue during the rise of cryptocurrency back in late 2017. It seems this hasn’t changed in 2018, as we have just encountered a new Bitcoin Cash hard fork controversy.

Hard forks are required for large blockchain network updates and require all nodes running the network to switch over to the new chain at a designated block number. Unfortunately, not every node running the network agrees with the direction of the project and decides to start its own fork with other nodes—creating a new ‘forked’ chain and new …

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Bitcoin Cash Hard Fork is Near: What You Should Know!

A Bitcoin Cash hard fork will happen on Thursday, November 15th. Bitcoin Cash is already a hard fork of Bitcoin and has since grown to become the fourth-largest cryptocurrency. Now the digital currency will split in two, creating a second cryptocurrency. The two digital currencies go by the names Bitcoin ABC, which is the continuation…

Bitcoin Cash Hard Fork

A Bitcoin Cash hard fork will happen on Thursday, November 15th.

Bitcoin Cash is already a hard fork of Bitcoin and has since grown to become the fourth-largest cryptocurrency. Now the digital currency will split in two, creating a second cryptocurrency.

The two digital currencies go by the names Bitcoin ABC, which is the continuation of the current or core Bitcoin Cash, and Bitcoin SV, which will follow new rules and stands for Satoshi’s Vision.

Bitcoin Cash Hard Fork

A hard fork occurs when network participants no longer agree on a proposed …

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Bitcoin Cash Price Watch – BCH/USD Heads For Upside Break, Testing Resistance

Key Highlights: Bitcoin Cash price held steady for the past few days, trading in the $1,050-1,150 range throughout most of the week. BCH/USD is heading for an upside break, now on a bullish trend line testing a major resistance of $1,125. A major support level has been established at $1,080. BCH/USD Heading For Upside Break…

Bitcoin Cash Price Watch

Key Highlights:

Bitcoin Cash price held steady for the past few days, trading in the $1,050-1,150 range throughout most of the week.

BCH/USD is heading for an upside break, now on a bullish trend line testing a major resistance of $1,125.

A major support level has been established at $1,080.

BCH/USD Heading For Upside Break

For the past week, Bitcoin Cash remained steady as price volatility began to decrease. BCH/USD mostly stayed between the $1,050-1,150 range, though it did surpass the $1,200 level briefly earlier this week.

At the moment, BCH/USD is heading for an upside …

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Bitcoin Cash Price Watch – BCH/USD Breaks Below Support, Drops To $1,110

Key Highlights: On Wednesday, Bitcoin Cash broke below yesterday’s support of $1,125, now approaching the $1,110 territory. Earlier in the day, BCH/USD reached a high of $1,160 before a major cryptocurrency selloff occurred. BCH/USD managed to recover from the latest selloff, now forming a bullish trend line after holding support at $1,090. Bitcoin Cash Fails…

Bitcoin Cash Price Watch

Key Highlights:

On Wednesday, Bitcoin Cash broke below yesterday’s support of $1,125, now approaching the $1,110 territory.

Earlier in the day, BCH/USD reached a high of $1,160 before a major cryptocurrency selloff occurred.

BCH/USD managed to recover from the latest selloff, now forming a bullish trend line after holding support at $1,090.

Bitcoin Cash Fails to Hold Support

On Wednesday morning, Bitcoin Cash broke below yesterday’s support of $1,125, now trading in the $1,110 territory and holding support at $1,090. However, the price decline didn’t last long to reach a Fib retracement level of $1,075. From its support …

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