A lot of proponents of so-called altcoins make a big deal about their favourite crypto project’s superiority to Bitcoin. Networks like BSV, BCH, and XRP have been especially tailored towards their associated assets’ use as a medium of exchange.Being distributed and largely pseudonymous, actual usage of a cryptocurrency is difficult to assess. One metric that…
A dollar worth of Bitcoin SV (BSV) purchased at the beginning of 2020 now costs $266. But that has not deterred one analyst to predict a bearish scenario for the fifth-largest cryptocurrency.Alex Saunders, the founder of Australia-based crypto outlet Nugget News, said an outperforming BSV could soon give up all its gains to its top…
Bitcoin Cash (BCH) registered a mind-bending price rally on Wednesday as traders moved capital into the altcoin market en masse.The fourth-largest cryptocurrency surged by up to 12.93 percent to establish a new yearly top at $428.80. The move uphill helped BCH’s market cap to swell from $6.87 billion to $7.74 billion, making it the best…
Bitcoin cash price started a strong rally from $300 and it gained more than 15%, whereas BTC is struggling near $8,700. BCH/USD could continue to rise towards $400 in the near term.Bitcoin cash price is up more than 15% and it broke the $350 resistance area against the US Dollar.The price is showing a lot…
Miners on the Bitcoin Cash network appear to be preparing a plan to finance the protocol’s development using their own block rewards. The controversial plan would see 12.5 percent of the total BCH coinbase go towards those building on the network.Those behind the plan say that it is impossible for developers to work without financing.…
The cryptocurrency market mounted a crazy recovery on Friday. Bitcoin, Ethereum, XRP, and all the rest of the altcoins surged higher, rallying to prices not seen since days earlier.While this was notable in and of itself, with BTC managing to retake the $8,000 price point on a daily basis in a move benefiting bulls, one…
Those who held Bitcoin Cash (BCH) during its meltdown in the latter half of 2019, there may still be time to generate enormous gains.Famous crypto analyst DonAlt on Friday discussed the bullish prospects of the fifth-largest blockchain project by market capitalization. The trader said he expects the BCH-to-dollar exchange rate to hit $380 in 2020,…
The total crypto market cap is declining and it is below the $185.0B support.Bitcoin price is struggling to climb above $7,300 and it might decline below $7,000.BCH price is testing the $200 support and it could continue to slide.EOS price failed to stay above $2.600 and it is likely moving towards $2.500.Stellar (XLM) price is…
The total crypto market cap is holding an important support area near the $185.0B level.Bitcoin price is struggling to continue higher and trading close to the $7,200 support.EOS price is down 2% and it is now trading near the $2.600 support area.Binance Coin (BNB) is down 3% and it failed to stay above the key…
The precarious nature of Bitcoin’s recent price action does not lend itself to helping generate bullish price action amongst major altcoins, but one prominent analyst is noting that he believes Ethereum, XRP, and Bitcoin Cash are all decently positioned to see further upside against their USD trading pairs in the near-term.Other analysts concur with this…