October 11th, 2024
Bitcoin Cash News
Bitcoin Cash performs an important function as crypto adoption continues to increase, because of its focus on scalability and expansion of the traditional financial system through decentralized finance (DeFi). Find the latest Bitcoin Cash (BCH) news and stay up to date with one of the most popular forks of the Bitcoin blockchain.
Is BlockDAG the Next Crypto Giant? 1,680% Growth Rivals Solana and Bitcoin Cash, Drawing New Buyers
By Hanna Zhukova
August 26th, 2024
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.
Bitcoin Cash (BCH) Set for Possible Price Swings in Either Direction as Volatility Spikes
By Leon Okwatch
August 13th, 2024
Investors and traders should remain vigilant to both technical signals and upcoming events that could impact BCH’s future performance.
Mt. Gox Moves $2 Billion in Bitcoin to New Address
By Bena Ilyas
July 31st, 2024
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 Soars 13% in 24 Hours, Outperforming Top 100 Cryptocurrencies
By Leon Okwatch
July 29th, 2024
Bitcoin Cash has recently emerged from an inverse head-and-shoulders pattern, a technical formation often associated with upward price movements.
Bitcoin Cash Jumps 7% amid Mt. Gox Repayments, Eyes $400
By Anisha Pandey
July 26th, 2024
The trading volume of Bitcoin Cash rose by 11.28%, currently standing at $257 million with a market capitalization of $7.4 billion.
Mt. Gox Transfers $2.7B in Anticipation for Customer Repayment
By Godfrey Benjamin
July 16th, 2024
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’s Advanced Technology Attracts $57.6 Million in Presale Amid Bitcoin Cash Price Movements and Quant Trading Updates
By Svetlana Soroka
July 12th, 2024
BlockDAG has attracted considerable attention due to its successful presale, raising $57.6 million by selling over 12 billion coins.
Bitcoin Cash (BCH) Price Nosedives after Mt. Gox Repayment News but There Is Catch
By Steve Muchoki
July 5th, 2024
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.
Presto Labs: Mt. Gox Repayments Pose Risk to BCH, Not BTC
By Leon Okwatch
July 4th, 2024
Peter Chung, Head of Presto Labs, predicted that BCH will face higher selling pressure compared to BTC.
Crypto Liquidations Hit $160M as Bitcoin Price Falls Below $60,000
By Godfrey Benjamin
July 3rd, 2024
Bitcoin price slip comes as spot Bitcoin ETFs recorded another major net outflow.
Bitcoin Cash BCH $325.3 24h volatility: 0.3% Market cap: $6.43 B Vol. 24h: $161.83 M started because of disagreements in the Bitcoin BTC $62 593 24h volatility: 3.3% Market cap: $1.24 T Vol. 24h: $31.51 B community. The community could not agree on improving the scalability of Bitcoin, which was required because crypto was becoming popular and demand was increasing. Consequently, some developers and miners forced a hard fork by modifying its code, creating the Bitcoin Cash network with a larger block size and capable of more transactions per block.
The higher throughput means that Bitcoin Cash functions better for payments and transactions, especially when they are voluminous. This sharply contrasts with the Bitcoin blockchain, which struggles with expensive transaction fees and long processing periods when the network is congested.
The BCH ecosystem is very relevant in crypto and has outgrown its Bitcoin origin. It has continued to develop in innovative ways and contributed to improvements in adoption. For instance, there is an increased use of BCH for cross-border payments, specifically in places with limited access to traditional banking or financial services. By providing a quick alternative, BCH proves it has real potential and indicates how well-placed cryptocurrency is for unbanked people.
BCH has also made its way into decentralized finance (DeFi) through a sidechain that allows developers to create decentralized applications (dApps) and move existing products to the BCH ecosystem. These efforts position Bitcoin Cash as a strong contender in the crypto industry.
Explore the Bitcoin Cash (BCH) guide for more information about this highly-scalable Bitcoin fork.
Click to see more
FAQ on Bitcoin Cash News
Are Bitcoin Cash and Bitcoin same?
Although BCH started from Bitcoin, it is not the same. Bitcoin Cash is a network with a larger block size and capable of more transactions per block; it charges low transaction fees, as well as has several other different features.
Who owns Bitcoin Cash?
No single entity owns or controls Bitcoin Cash. Like Bitcoin, it is decentralized and requires joint effort from miners, developers, and users.
When was Bitcoin Cash launched?
Bitcoin Cash launched in 2017 following a Bitcoin hard fork.
What is the block size of Bitcoin Cash?
The block size of Bitcoin Cash is 32MB, which allows the network to process more transactions and still maintain reasonable transaction fees despite potential congestion.
