Ethereum (ETH) in Free Fall, Down 34% Following Bitcoin Cash Idea

Ethereum (ETH) slides 34 percent as bears step up Bitcoin Cash may be used to temporarily solve Ethereum’s scalability problems Vitalik has an audacious plan of integrating Ethereum with Bitcoin Cash before ETH 2.0 full activation. However, there is resistance from some quarters with a majority against his idea. In the meantime, bears are in full throttle as ETH slumps 34 percent from last week’s close. Ethereum Price Analysis Fundamentals Regardless of how Ethereum supporters try to scrutinize the platform’s performance, everything will boil down to scalability. Striking a perfect…

Cash Prevents Digital Currencies With Negative Interest

Japan’s second most senior banking figure has said central banks cannot use digital currencies to enforce negative interest rates, Reuters reported on July 5.  Speaking at an event held by the publication, Masayoshi Amamiya, deputy governor of the Bank of Japan, said that states issuing digital currency with a negative interest rate would force inhabitants towards cash.  This cash supply would remain, Amaiya said, and despite the current trend to replace it, no government would actually do so.  “To overcome the nominal zero lower bound, central banks would need to…

Bitcoin, Ethereum, Ripple, Bitcoin Cash, Litecoin, EOS, Binance Coin, Stellar, Cardano, TRON: Price Analysis May 29

The views and opinions expressed here are solely those of the author and do not necessarily reflect the views of Cointelegraph. Every investment and trading move involves risk, you should conduct your own research when making a decision. Market data is provided by the HitBTC exchange. The chief commercial officer of cryptocurrency payments processor BitPay believes that Bitcoin will only rise higher, led by business interest and real use cases for cryptocurrencies around the world. Contrary to this opinion, a report by the United States think tank, the Congressional Research Service,…

Square Is Expanding Access to Bitcoin Deposits for Cash App Users

Payments company Square is rolling out bitcoin deposits for its mobile Cash App. The app, available on both Android and iOS, now supports deposits for at least some users, according to Twitter posts by bitcoiners and a check by a CoinDesk reporter of his own Square account Tuesday. Previously, users could purchase or sell bitcoin, as well as transfer the cryptocurrency to another wallet. Square first began allowing select Cash App users to purchase and sell bitcoin in November 2017, announcing a few months later that it would roll that feature…

Crypto Market Holding Key Support: Bitcoin Cash, EOS, TRX, ADA Analysis

The total crypto market cap surged higher and tested the $325.0B level before correcting lower. Bitcoin price spiked above the $11,000 resistance level and it is currently consolidating gains. EOS price is back below the $7.200 level and it might test the $7.050 or $7.000 support. BCH price rallied significantly in the past few days and it is currently trading near $475. Tron (TRX) price broke the key $0.0350 resistance and it is currently near $0.0370. Cardano (ADA) price is slowly climbing higher towards the key $0.1000 resistance area. The…

Crypto Market Could Rally Further: Bitcoin Cash, BNB, EOS, TRX Price Analysis

The total crypto market cap gained momentum and climbed towards the $288.0B level. Bitcoin price surged more than 5% and it recently traded towards the $9,750 level. EOS price is likely to gain momentum once it settles above the key $7.000 resistance level. Binance Coin (BNB) is up more than 4% and it recently broke the $36.20 resistance. Bitcoin cash price is back above the $420 level and it could continue to climb towards $430. Tron (TRX) price is still struggling to gain pace above the $0.0335 and $0.0340 resistances.…

Crypto Market Showing Positive Signs: Bitcoin Cash, EOS, TRX, ADA Analysis

The total crypto market cap stayed above the key $265.0B support area and climbed higher. Bitcoin price is up more than 1.5% and it is trading with a positive bias. EOS price is slowly moving higher towards the key $7.00 resistance area. Bitcoin cash price is back above the $410 level and it could continue to rise towards $425. Tron (TRX) price is trading nicely above the $0.0330 level and it could revisit $0.0350. Cardano (ADA) price is struggling to move towards the $0.0950 resistance area. The crypto market cap…

Crypto Market Primed For More Gains: Bitcoin Cash, BNB, Litecoin, TRX Analysis

The total crypto market cap climbed further higher above the $280.0B resistance area. Binance coin (BNB) price is up more than 5% and it is approaching the $35.00 resistance area. Litecoin (LTC) price is consolidating above the $130.00 support area. Bitcoin cash price is holding the $420 support and it could climb higher in the near term. Tron (TRX) price is slowly moving higher towards the $0.0350 and $0.0380 resistance levels. The crypto market cap is gaining bullish momentum, with strong gains in bitcoin (BTC). Ethereum (ETH), BNB, litecoin, ripple,…

Crypto Market Targets $300 Billion Cap: Bitcoin Cash, EOS, TRX, ADA Analysis

The total crypto market cap gained momentum and broke the $260.0B resistance area. Bitcoin price broke the main $9,000 resistance area and traded close to $9,400. EOS price traded nicely above the $6.50 and $6.75 resistance levels. Bitcoin cash price is trading above the $420 level and it could continue to rise towards $440. Tron (TRX) price broke the $0.0330 resistance and it might continue to rise. Cardano (ADA) price is slowly moving higher towards the key $0.1000 resistance. The crypto market cap is surging above $265.0B, with sharp gains…

Crypto Market Rallies $15 Billion: Bitcoin Cash, Litecoin, EOS, XLM Analysis

The total crypto market cap gained momentum and broke the key $252.0B resistance area. Bitcoin price surged above the $8,500 and $8,650 resistance levels. Litecoin (LTC) price remains in a strong uptrend and is trading nicely above $134. Bitcoin cash price is grinding higher towards the $420 and $425 resistance levels. EOS price is back above the $6.50 level and it may even break the key $6.75 resistance area. Stellar (XLM) price is about to gain momentum above the $0.1250 level. The crypto market cap gained sharply, with positive moves…