Bitcoin services provider SpectroCoin has commissioned new bitcoin-to-cash remmitance service that will be available for residence of Europe and Central Asia.
Bitcoin Cash (BCH) is making serious moves, soaring nearly 4% in the last 24 hours, reaching $498 with a 16.42% spike in trading volume, closing in on the psychologically significant $500 price tag after breaking above the resistance at $470.
Bitcoin Cash jumped 7% on Thursday, leading top 20 cryptocurrencies as geopolitical tensions fuel demand for Bitcoin alternatives. Search interest rose 28% month-to-date, signaling renewed investor appetite.
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It is BlockDAG (BDAG) that truly stands out with its rapidly expanding community, now surpassing 170,000 unique holders and gaining impressive presale figures, making it a strong contender in the crypto ecosystem.
The cryptocurrency landscape continues to evolve, with each platform offering unique capabilities that push the boundaries of decentralisation, scalability, and security.
With a presale that raked in $67.7 million and a 1,680% surge in price, BlockDAG is quickly gaining a reputation as the “Solana killer” among experts and buyers alike, hinting it might outshine even the toughest rivals.
Investors and traders should remain vigilant to both technical signals and upcoming events that could impact BCH’s future performance.
According to a July 24 statement from the Mt. Gox trustee, repayments in both Bitcoin and Bitcoin cash (BCH) were made to over 17,000 creditors across three separate distributions on July 5, 16, and 24.
Bitcoin Cash has recently emerged from an inverse head-and-shoulders pattern, a technical formation often associated with upward price movements.
The trading volume of Bitcoin Cash rose by 11.28%, currently standing at $257 million with a market capitalization of $7.4 billion.
As the first half of the year drew to an end, Mt. Gox intensified efforts towards the repayment, stating that it would begin in July.
BlockDAG has attracted considerable attention due to its successful presale, raising $57.6 million by selling over 12 billion coins.
The distribution of Bitcoin Cash (BCH) coins to Mt. Gox users means a growing community that currently consists of more than 22.2 million on-chain holders.