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Tag Archives: Bitcoin Cash

Mt. Gox Shifts $2B in BTC to New Accounts Amid Ongoing Debt Settlements

Defunct Bitcoin exchange Mt.Gox has moved 32,371 BTC worth an estimated $2.19 billion to three new addresses. Several on-chain transaction trackers caught the movement, including Spot On Chain and Arkham Intelligence. Bitcoin Transferred to New Wallets Spot On Chain’s data shows the platform initially moved 30,371 BTC to a wallet starting with 1FG2…Rveoy. It then sent another 2,000 BTC, priced at nearly $130 million, to one of its known cold wallets, 1JbezD…EvhKLAPs6, before...

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Bitcoin Cash Analysis: Bears Gain Strength Below $550

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). There is a key bearish trend line forming with resistance near $505 on the 4-hour chart of the BCH/USD pair (data feed from Coinbase). The pair could continue to move down if it stays below the $525 resistance zone. Bitcoin cash price is struggling below the $550 zone against the US Dollar,...

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Bitcoin Cash Analysis: Bulls Continue To Protect Key Support

Bitcoin cash is eyeing a fresh increase above the $650 resistance against the US Dollar. The price is now trading below the $640 zone and the 55 simple moving average (4 hours). There is a key contracting triangle forming with resistance at $655 on the 4-hour chart of the BCH/USD pair (data feed from Coinbase). The pair must clear $650 and $655 to start a fresh increase in the near term. Bitcoin cash price is consolidating gains above $600 against the US Dollar,...

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Bitcoin Cash Analysis: Uptrend Intact Above $620

Bitcoin cash started a strong increase above the $550 and $580 levels against the US Dollar. The price is now trading above the $600 zone and the 55 simple moving average (4 hours). There is also a key bullish trend line forming with support at $625 on the 4-hour chart of the BCH/USD pair (data feed from Coinbase). The pair must clear $695 and $700 to continue higher in the near term. Bitcoin cash price is climbing above $620 against the US Dollar, like Bitcoin....

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Bitcoin Cash Analysis: Bulls Aim For $600 or Higher

Bitcoin cash started a strong increase above the $500 and $520 levels against the US Dollar. The price is now trading above the $540 zone and the 55 simple moving average (4 hours). There is also a key bullish trend line forming with support at $525 on the 4-hour chart of the BCH/USD pair (data feed from Coinbase). The pair must clear $585 and $600 to continue higher in the near term. Bitcoin cash price is climbing above $550 against the US Dollar, like Bitcoin....

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