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For the past four weeks, Bitcoin Cash has been treading on the thin line of the Golden Ratio support level. Should this line fracture under bearish pressure, we might see the price take a substantial dip.
SEC Chairman Gary Gensler confirmed to institutional investors in 2018 that BTC, ETH, LTC, and BCH are not securities.
Bitcoin cash price started a fresh decline from the $117 zone against the US Dollar. The price is now trading below the $115 zone and the 55 simple moving average (4 hours).
Bitcoin Cash (CRYPTO: BCH) is trading lower by 6.37% to $108.30 Monday afternoon amid broader weakness across cryptocurrencies. Shares of several altcoins are trading lower after the SEC sued Binance over U.S. securities violations.
Bitcoin cash is attempting a recovery wave above the $112 resistance against the US Dollar. The price is now trading above the $114 zone and the 55 simple moving average (4 hours).
These cheap cryptos with huge growth potential will likely deliver outsized gains in the next crypto rally.
Bitcoin Cash failed to take off after recent network upgrade. On-chain data reveals critical factors behind the bearish BCH price prediction
Bitcoin cash price started a fresh decline below the $120 zone against the US Dollar. The price is now trading below the $118 zone and the 55 simple moving average (4 hours).
The Bitcoin Cash (BCH) trend will be determined by whether the price breaks out or down from its current range
The new Bitcoin Cash Network upgrade is set to be a “tool for expanding financial access.”
Following the recent Bitcoin Cash upgrade on Monday, data reveals that approximately 1,308 fungible tokens and 25,336 non-fungible tokens (NFTs) have emerged on the blockchain. Moreover, the Cashtokens token ecosystem is now accessible through the blockchain explorers 3xpl.com and salemkode.com, allowing users to explore its potential.
On May 15, the Bitcoin Cash (BCH) network underwent a significant upgrade that allowed developers to create tokens with similar attributes to BCH, known as CashTokens. These tokens can be issued by any user on the network.
Bitcoin Cash (BCH), the well-known cryptocurrency network, has recently unveiled an innovative and exciting upgrade, CashTokens, which has sparked significant interest within the digital currency community. This new feature permits anyone utilizing the Bitcoin Cash network to create tokens that possess the same properties as BCH, offering a myriad of potential applications.
BCH developer Jason Dreyzehner states that the latest upgrade incorporates support for CashTokens, which he considers a “tool for expanding financial access.”
In the ever-volatile cryptocurrency market, Lido (LDO), The Graph (GRT), Frax Share (FXS), Injective Protocol (INJ), Conflux (CFX), and Litecoin (LTC) have emerged as today's top gainers. Conversely, Rocket Pool (RPL), XinFin (XDC), Klaytn (KLAY), SUI.IO (SUI), Bitcoin Cash (BCH), and Elrond (EGLD) have experienced losses.
On May 15, 2023, the Bitcoin Cash network achieved another annual milestone by seamlessly integrating four cutting-edge features into its consensus ruleset. At precisely 1:24 p.m. UTC on Monday, the eagerly anticipated upgrade went live, marking a significant leap forward for the peer-to-peer electronic cash platform.
Bitcoin Cash is gearing for an upgrade, which will bring unseen functionality to a proof of work chain.
Created in 2017 as a result of a hard fork of Bitcoin (BTC), Bitcoin Cash (BCH) will reportedly receive a
The upgrade is set to go live on mainnet at noon UTC on Monday.
Bitcoin Cash is set to undergo a significant upgrade on May 15, bringing with it a host of new features and improvements.
Bitcoin Cash, a spin-off of the Bitcoin blockchain, is scheduled to undergo a major upgrade on May 15.
One day to the upgrade, the market has been filled with mixed feelings. But most of the sentiment has diverted to the bearish side.
Bitcoin cash price started a fresh decline below the $120 zone against the US Dollar. The price is now trading below the $120 zone and the 55 simple moving average (4 hours).
Today's cryptocurrency market showcases Kava (KAVA), Woo Network (WOO), Floki Inu (FLOKI), Uniswap (UNI), The Graph (GRT), and Mina Protocol (MINA) as the top gainers, while Bitcoin SV (BSV), Pepecoin (PEPE), SUI (SUI.io), Bitcoin Cash (BCH), Luna Classic (LUNC), and Maker (MKR) have faced losses.
