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Following this week's cryptocurrency market crash, digital assets currently display bearish technical indicators like a weak relative strength index (RSI). However, two popular cryptocurrencies have a potential buy signal, with an extremely oversold status on May 1.
Roger Ver, also known as “Bitcoin Jesus” due to his early and enthusiastic support of Bitcoin, now faces serious legal challenges. A recent indictment charges him with mail fraud, tax evasion, and filing false tax returns.
Bitcoin investor Roger Ver arrested in Spain, charged with mail fraud, tax evasion, and causing a $48 million loss to the IRS. The post Bitcoin Cash founder Roger Ver arrested in Spain for tax evasion appeared first on Crypto Briefing.
Bitcoin Cash continues to display a neutral price sentiment post-market correction, indicating weak buying and selling pressure for the altcoin in the cryptocurrency industry. Moreover, the BCH token shows a bearish trend despite the Bitcoin-Halving, highlighting a rising disinterest of investors in it.
Forbes listed 20 zombie coins, calling them good-for-nothing blockchains — They are unproven and have little utility other than speculative crypto trading. Among these are XRP, ADA, BCH, LTC, ICP, ETC, XLM, STX, KAS, THETA, FTM, XMR, AR, ALGO, FLOW, EGLD, BSV, MINA, XTZ, EOS. Despite high valuations, these tokens face questions about real-world adoption.
Bitcoin Cash on-chain data showed that BCH long-term holders continue to accumulate more coins despite closing the week with a 7% price dip.
Forbes, a reputable business publication known for its insightful analysis of financial markets, has recently unveiled a comprehensive report shedding light on the enigmatic world of cryptocurrencies. In this groundbreaking study, Forbes has identified a select group of cryptocurrencies that it terms as “zombie blockchains.
Bitcoin cash price started a fresh decline below the $550 zone against the US Dollar. The price is now trading below the $540 zone and the 55 simple moving average (4 hours).
Bitcoin Cash miners have added 110,000 BCH to their reserves since the April 3 Halving, halting year-long sell-off. Will it propel the price to $600?
Bitcoin Cash (BCH) price is making its way towards initiating a recovery with only one barrier standing in its way.
Two cryptocurrencies among the highest open interests in the market currently have negative funding rates, potentially indicating a buy signal.
Bitcoin exchange Mt. Gox has reportedly begun repaying its users, providing a glimmer of hope for those affected by the exchange's infamous hack over a decade ago.
Mt. Gox creditors have reported seeing bitcoin and bitcoin cash payment updates on the trustee's rehabilitation claims system.
The cryptocurrency market remains neutral, led by Bitcoin's (BTC) apparent consolidation phase. In the meantime, two cryptocurrencies present a relevant potential for a short squeeze as the week develops.
In the dynamic world of cryptocurrency, where digital assets fluctuate like waves in the vast ocean of finance, a select group of coins is poised to ride the tide of potential growth. As the 2024 Bitcoin halving event looms on the horizon, experts have singled out six cryptocurrencies that could see significant gains in the coming months.
Bitcoin cash price started a fresh decline from the $570 zone against the US Dollar. The price is now trading below the $550 zone and the 55 simple moving average (4 hours).
The Bitcoin Cash (BCH) price surged by over 133% last month, reaching the Fibonacci level of around $681. However, it faced a bearish rejection at that point.
The bearish cloud is growing darker over the crypto and global markets due to the ongoing conflict in East Asia. With the tension rising in the global markets, the crypto industry has lost 15% of its total valuation in three weeks and stands at $2.224 Trillion, crashing Bitcoin under $63,000.
Bitcoin isn't the only coin that cuts block rewards in half every four years. Here are three others — and how past halvings have influenced their prices.
With the current volatility affecting both Avalanche (AVAX) and Ethereum Classic (ETC), the AVAX price and ETC outlook have caused concern among investors, prompting a search for more stable opportunities. In this environment, Scorpion Casino (SCORP) emerges as a notable contender.
Coinbase Derivatives says its primary goal in launching new crypto futures contracts is to create markets that offer retail traders diversification, price discovery, risk management, and margin.
TL;DR Bitcoin Cash (BCH) open interest (OI) decreased by 47% from its pre-halving peak, reaching $378.3 million on April 12, coinciding with a 13% decline in BCH price. The cryptocurrency experienced a sharp 7.51% drop on April 10 within a three-hour period, following days of narrow price fluctuations between $676 and $691.
Bitcoin cash has been seen a proxy for the upcoming halving of rewards on the Bitcoin blockchain.
The majority of its price decline occurred on April 10, with a steep drop of 7.51% within a three-hour window.
