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Bitcoin Cash Analysis: Bulls Aim Upside Break above $120

Bitcoin cash is attempting a fresh increase from the $110 zone against the US Dollar. The price is now trading above the $115 zone and the 55 simple moving average (4-hours). There is a major bearish trend line forming with resistance near $118 on the 4-hours chart of the BCH/USD pair (data feed from Coinbase). The pair must clear $118 and $120 to continue higher in the near term. Bitcoin cash price is climbing above $115 against the US Dollar, similar to bitcoin....

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Gemini Taps MakerDAO To Boost Adoption of Its GUSD Stablecoin

On September 29, Gemini co-founder Tyler Winklevoss published a proposed “marketing incentive” on the MakerDAO forum to drive the adoption of his stablecoin GUSD through a three-month strategic plan. According to Tyler Winklevoss’ proposal, Gemini will pay monthly fixed annual interest of 1.25% on all the GUSD stored in MakerDAO PSM vaults, as long as the average monthly balance is at least 100 million GUSD by the end of the month. “As we’d like GUSD usage to increase...

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