1H
0.30%$1.53
24H
1.38%$6.97
7D
10.0%$46.52
30D
-5.22%$28.19
Bitcoin Cash (BCH) has turned bullish after the Federal Reserve’s latest rate decision, gaining almost 6% in the past 24 hours to trade at $637.71.
Bitcoin Cash (BCH) outperformed major cryptocurrencies this week, posting double-digit gains as Bitcoin’s price consolidation and active profit-taking among Ethereum and Chainlink investors triggered mixed market reactions.
Bitcoin Cash price action lagged behind the market on Sunday as whale retreat, and rapid profit-taking cast shadows on BCH short-term prospects.
Bitcoin Cash rallied 6% to $580 on Monday during a broad altcoin resurgence, but declining whale transactions below $200 million suggest limited conviction among major investors.
Bitcoin Cash broke above $570 on Wednesday, driven by the largest whale accumulation in weeks. With 66,040 BCH flowing into large holder wallets, the altcoin shows bullish momentum heading into August.
Bitcoin Cash (BCH) is peer-to-peer digital money for the Internet. It sprang out on August 1, 2017, when bitcoin network was officially forked into two separate blockchains creating two cryptocurrencies – Bitcoin and Bitcoin Cash (BCH) respectively.
The main reason for the fork to take place was scalability problem – the original Bitcoin code had a maximum limit of 1MB of data per block, or about 3 transactions per second. Although it was technically simple to raise this limit, crypto enthusiasts failed to reach any consensus, even after years of robust debates.
A new cryptocurrency is thought to be backed by a version of the blockchain that boasts a unique technical roadmap. In particular it means adjustable blocksize limit with an increased default of 8MB, replay protection and protection against hashrate fluctuations, improved hardware wallet security, and upgraded consensus rules.
Requiring no third parties in order to operate, Bitcoin Cash is fully decentralized and resistant to any political or social effects on protocol development.
Read this guide to find out what a new concept of Initial Litigation Offering (ILO) can offer to investors.
In this guide, we will discuss what takeovers are and some different ways they can be executed. We will also discuss the pros and cons of taking over another company and how to ensure your takeover is successful.
