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Tag Archives: BCHBTC

Bitcoin Cash (BCH) Is a Shitcoin, According to BitMEX CEO Arthur Hayes

Arthur Hayes, the CEO of one of the leading Bitcoin derivative exchanges, BitMEX, has once again slammed a cryptocurrency for being a “shitcoin.” This time it was Bitcoin Cash (BCH) that’s under his radar.BitMEX Listing BCH/USD Perpetual ContractIn an announcement from June 01st, 2020, BitMEX revealed that it’s going to launch a BCH/USD perpetual swap contract with up to 25x leverage. Today, the contract went live.“This is the fourth quanto contract to be launched on our platform and follows...

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Roger Ver’s Bitcoin.com YouTube Channel Gets Banned As The Purge Continues

YouTube continues to ban cryptocurrency-related channels. The latest victim happens to be Roger Ver’s Bitcoin.com official channel. Ver posted a video on Reddit, explaining that there’s no apparent reason for YouTube’s actions.Bitcoin.com’s Official Channel Banned on YouTubeThe official channel of Roger Ver’s Bitcoin.com was banned on YouTube, according to a Reddit video that he posted hours ago.According to Ver, there’s no apparent reason for the actions of the world’s largest video content...

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BCH Consolidates Around $260 But A Big Move Might Be Incoming: Bitcoin Cash Price Analysis

After losing $35 on Tuesday, Bitcoin Cash slowly bounced back to about $256.Against Bitcoin, it is trading nicely above 0.026 BTC following a recovery from a four-week low.The mid-term target for BCH lies at 495 if it successfully breaks above the crucial $280 level.BCH/USD: BCH Charging Towards Key Resistance AgainKey Support Levels: $266, $281, $352Key Resistance Levels: $235, $222, $200BCH/USD. Source: TradingViewFew minutes after our previous analysis on Tuesday, Bitcoin Cash lost almost...

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Bitcoin Jesus, Roger Ver: Stop Using ‘Police Money’

The man, known as Bitcoin Jesus, has urged people to start using cryptocurrencies instead of what he calls “police money,” if they want to show their opposition to a corrupt justice system.Founder and Executive Chairman of Bitcoin.com, Roger Ver, said in a YouTube video posted on June 3 that the best way to prevent police injustice is to stop participating in the financial system which supports it. Ver said:“I think the best way anybody can help prevent this sort of injustice continuing in...

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Bitcoin Cash Price Analysis: BCH Eyes $280 After Surging 9% In The Last 24 Hours

The price increased by 7% to reach $265 today after facing tough resistance at $230Bitcoin Cash is ready for a long-term move, but it would need to surpass crucial resistance at $281Against Bitcoin, the price breaks away from a bearish zone after a 3% increaseBCH/USD: BCH Is Slowly Rising BackKey Support Levels: $281, $352Key Resistance Levels: $222, $200BCH/USD. Source: TradingViewIn May, Bitcoin Cash found support at $222 after being rejected at the $281 resistance level three times. The...

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Total Market Cap Breaks Critical Resistance Level: Altcoin Season 2020 Incoming?

Bitcoin surged above $10,000 for the first time since February, and it took the entire market with it. Altcoins are all flashing in green, as the total capitalization increased by more than $13 billion overnight.Now, a popular cryptocurrency trader pointed out that the chart of the total market cap went through the same pattern it did back in 2017, months before altcoins shot off through the roof.Altcoin Season 2020 Incoming?Bitcoin is up 6% in the past 24 hours as it trades at around $10,100...

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Bitcoin Struggles To Maintain $9000 As THETA Plunges 20%: Thursday’s Market Watch

The past few days have been relatively exciting in the cryptocurrency market. Bitcoin managed to reclaim the $9,000 level but it appears that bulls might be running out of steam. At the same time, despite the fluctuations in its price, large-cap altcoins failed to make any serious advances as most of them remain more or less break even against Bitcoin.Bitcoin Struggles Above $9,000Bitcoin has been playing with the $9,000 area quite a bit in the last few days. Yesterday, the cryptocurrency...

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The New PlusToken: Chinese Scam WOTOKEN Stole Over $1 Billion Worth of Bitcoin And Other Cryptocurrencies

Recent Chinese reports indicate that a new cryptocurrency scam, resembling the notorious PlusToken, has been brought to trial this week. Dubbed WOTOKEN, allegedly scammed over 700,000 users and absorbed more than $1 billion worth of Bitcoin and other digital assets.The New Chinese Threat: WOTOKENAccording to local reports, the trial began on May 14th in the People’s Court of Binhai Country, Yancheng City, against six defendants allegedly operating the WOTOKEN project. More specifically, the...

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Bitcoin Cash Price Analysis: BCH Broke The Crucial Resistance At $280, Where’s The Bottom?

Bitcoin Cash is facing two months resistance level at $280, but bulls are not giving upAfter finding support against BTC, Bitcoin Cash started to show recovery towards March levelBCH/USD: Bitcoin Cash Poised For BreakoutKey Resistance Levels: $279, $300, $322Key Support Levels: $236, $215, $200BCH/USD. Source: TradingViewBitcoin Cash saw a slight daily increase following a nice recovery from $236 this week, although the gain is still mild compared to the recent $1000 surge in Bitcoin’s price...

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