Tag: BCH

Bitcoin Cash (BCH) Mirrors, Bulls Likely to Reverse Nov-2018 Losses

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Bitcoin Cash up 10.6 percent in last week Opaque bank operations aid in money laundering Transaction volumes low averaging 30k according to CoinBase data For her bank involvement in a $151 billion money laundering scandal, Birgitte Bonnesen is no longer the CEO of Swedbank. With diminishing trust, advantages of cryptocurrencies as Bitcoin Cash (BCH) coupled with its security will permeate aiding in thrusting digital assets to the mainstream. Bitcoin Cash Price Analysis Fundamentals Regulators, more so in the US and Europe are quick to impose heavy penalties on rules-flouting banks.…

Crypto Market Back In Red: Litecoin (LTC), BCH, TRX, ADA Price Analysis

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The total crypto market cap failed to move above the $134.0B resistance and declined heavily. Litecoin (LTC) price moved down and broke the $62 and $60 support levels. Bitcoin cash price is down more than 4% and it recently broke the $160 support level. Tron (TRX) price declined recently, but it is still above the key $0.0220 support. Cardano (ADA) price is currently consolidating above the $0.0600 support level. The crypto market cap declined heavily, with strong bearish moves in bitcoin (BTC) and Ethereum (ETH). Ripple, litecoin (LTC), bitcoin cash,…

ONT, ADA, ETC, BCH, IOTA

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The views and opinions expressed here are solely those of the author and do not necessarily reflect the views of Cointelegraph.com. Every investment and trading move involves risk, you should conduct your own research when making a decision. The market data is provided by the HitBTC exchange. As the cryptocurrencies are rising from the bottom, we have started to hear some bullish voices again. Arthur Hayes, co-founder and CEO of BitMEX, expects the price of Bitcoin to reach $10,000 this year. One of the events that can cause the price to move northward…

Mt Gox Settlement and $593 Million of BTC and BCH, Will Bitcoin Rally?

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Bitcoin prices steady after yesterday’s sell-off Mt Gox trustee approved 802,521 BTC as claims Volumes stable but below average Wholesale liquidation of Bitcoin and Bitcoin Cash stash in the hands of Nobuaki could heap pressure on responsible exchanges. Besides, it will also cause unnecessary price fluctuation that may work against victims triggering a sell-off towards Dec 2018 lows. Bitcoin Price Analysis Fundamentals All eyes are on Nobuaki Kobayashi and how he plans to compensate victims of the now defunct Mt Gox following his approval of “802,521 BTC, 792,296 BCH and…

Bitcoin Cash (BCH) Prices Cool Off, Correction to $140 in Progress

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Bitcoin Cash outperforms all assets in the top 10 The ABC team will implement Schnorr signatures in May 2019 Participation levels drop despite BCH registering double-digit gains Schnorr Signatures, it appears, will first call Bitcoin Cash home before implementation at Bitcoin core. Nonetheless, Bitcoin Cash (BCH) is outperforming other assets and up 24 percent from last week’s close. Bitcoin Cash Price Analysis Fundamentals In recent weeks, Bitcoin Cash has been on a roll. With supportive fundamentals such as Digitec and Galaxus, Avnet and Vordex Suisse all offering support, it’s only…

Crypto Market Remains Vulnerable: Litecoin (LTC), BCH, TRX, ADA Price Analysis

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The total crypto market cap is struggling to climb higher and it could break the $133.0B support. Litecoin (LTC) price moved below the $60 support and it could extend the downside correction. Bitcoin cash price declined below the $160 support and it may retest the $155 or $150 support. Tron (TRX) price failed to stay above $0.0230 and it is moving down towards $0.0220. Cardano (ADA) price is up more than 3% and it is trading nicely above the $0.0500 support area. The crypto market cap is currently at a…

Crypto Market at Major Crossroads: Litecoin (LTC), BCH, TRX, ADA Price Analysis

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The total crypto market cap rebounded recently and revisited the $129.0B resistance area. Litecoin (LTC) price gained nearly 5% and it seems like it could test $58 or $60. Bitcoin cash price is trading sideways below the $130 resistance level. Tron (TRX) corrected above the $0.0220 level, but it could face a strong hurdle near $0.0230. Cardano (ADA) price is gaining momentum and it may trade towards the $0.0500 resistance level. The crypto market cap is approaching a crucial resistance area and it could surge higher. Bitcoin (BTC), Ethereum (ETH),…

Crypto Market Rally Facing Resistance: Litecoin (LTC), BNB, BCH Price Analysis

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The total crypto market cap rallied recently and tested the key $128.0B resistance level. Litecoin (LTC) price gained more than 12% and it broke the $52 resistance level. Bitcoin cash price recovered and traded above the $130 and $132 resistances. Tron (TRX) price found support near $0.0220 and it recovered above $0.0230. Binance coin (BNB) price extended gains and settled above the $13.00 resistance level. The crypto market rallied recently before bitcoin (BTC) and Ethereum (ETH) faced strong resistances. Ripple, litecoin, bitcoin cash, TRX, XLM and BNB are trading with…

Crypto Market Struggle Continues: Litecoin (LTC), BCH, TRX, ADA Price Analysis

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The total crypto market cap is slowly correcting higher towards the $128.0B resistance level. Litecoin (LTC) price is currently consolidating above the $45 support level. Bitcoin cash price is slowly moving lower (down more than 2%) towards the $130 support level. Tron (TRX) is at a risk of a sharp decline below the $0.0242 and $0.0240 support levels. Cardano (ADA) price could decline further towards the $0.0400 support level in the near term. The crypto market is showing signs of an upside correction, with moves in bitcoin (BTC) and Ethereum…

Bitmain Allegedly Fires All BCH Developers in Wave of Redundancies

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Cryptocurrency mining giant Bitmain has reportedly fired its entire staff of Bitcoin Cash (BCH) developers, Blockstream CSO Samson Mow reported, citing Chinese social media sources on Dec. 23. The second in what appears to be a phase of staff losses for Bitmain, around 50 workers are reportedly set to go this week. The messages follow reports on China’s version of LinkedIn warning about a giant wave of redundancies targeting as much as half of Bitmain’s 2,500-strong workforce, with rumors now circling on Twitter after being uploaded by Primitive founding partner…