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Tag Archives: Bitcoin Cash

Bitcoin Cash Analysis: More Upsides Possible If it Clears $305

Bitcoin cash price corrected lower, but it stayed above the $280 support against the US Dollar.The price is currently recovering, and trading above the $295 level and the 55 simple moving average (4-hours).There is a key bullish trend line forming with support near $288 on the 4-hours chart of the BCH/USD pair (data feed from Coinbase).The pair must break the $305 and $310 resistance levels for a fresh increase in the near term.Bitcoin cash price is slowly moving higher towards $300 against...

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Bitcoin Cash Analysis: Fresh Increase Likely If It Clears $310

Bitcoin cash price is holding ground above the main $270 breakdown support against the US Dollar.The price is currently testing the $292 resistance zone and the 55 simple moving average (4-hours).There was a break above a connecting bearish trend line with resistance near $290 on the 4-hours chart of the BCH/USD pair (data feed from Coinbase).The pair is likely to start a fresh increase if it clears $300 and $310 in the near term.Bitcoin cash price is slowly rising towards the $300 barrier...

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$30 Million In BTC And BCH Seized By German Authorities And FBI

By working together with the US Federal Bureau of Investigation (FBI), German law enforcement agencies have seized nearly $30 million worth of Bitcoin and Bitcoin Cash from two men allegedly running a large pirate streaming website called Movie2K.Movie2K’s BackstoryThe pirate streaming website began operating in 2008 and ran until 2013. In that timeframe, Movie2K allegedly distributed nearly 900,000 copies of movies and TV shows. Its popularity grew rapidly, and before it closed in 2013, it...

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Bitcoin Cash Analysis: Bulls Aim Massive Breakout Above $300

Bitcoin cash price started a fresh increase above the $255 and $280 resistance levels against the US Dollar.The price even tagged the $300 resistance area and it is currently consolidating gains.There is a key bullish trend line forming with support near $285 on the 4-hours chart of the BCH/USD pair (data feed from Coinbase).The pair is likely to surge again if it clears the $300 resistance in the near term.Bitcoin cash price is trading in a strong uptrend above $280 against the US Dollar....

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FINRA Approves Grayscale’s Bitcoin Cash And Litecoin Shares For Public Trading In The US

The leading digital asset management company Grayscale Investments has received approval from FINRA for public quotations for two more of its cryptocurrency products. Consequently, shares of both Grayscale Bitcoin Cash Trust (BCHG) and Grayscale Litecoin Trust (LTCN) have become the first publicly-quoted securities in the US deriving value from Bitcoin Cash (BCH) And Litecoin (LTC).FINRA Approves Grayscale’s BCH And LTC TrustsAccording to the official announcement from the digital currency...

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Bitcoin Cash Analysis: Support Turned Resistance For The Bulls

Bitcoin cash price failed to clear the $245 resistance and declined steadily against the US Dollar.The price broke the $228 support zone, which may now act as a resistance.There is a major bearish trend line forming with resistance near $228 on the 4-hours chart of the BCH/USD pair (data feed from Coinbase).The pair could extend its decline below $220 unless it recovers above $228 and $230.Bitcoin cash price is back in a bearish zone below $230 against the US Dollar. BCH/USD remains at a risk...

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Bitcoin Cash Analysis: $230 Holds The Key But Can Bulls Clear $245?

Bitcoin cash price is currently facing a strong resistance near the $245 level against the US Dollar.The price is currently correcting lower and approaching the $230 support zone.There is a major bullish trend line forming with support near $230 on the 4-hours chart of the BCH/USD pair (data feed from Coinbase).The pair must stay above the $230 support to make another attempt to clear the $245 resistance.Bitcoin cash price is correcting gains from the $245 hurdle against the US Dollar....

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Bitcoin Cash Analysis: Crucial Resistance Nearby, Can The Bulls Make It?

Bitcoin cash price declined sharply below $220 and traded close to $205 against the US Dollar.The price is currently correcting higher, but it is likely to face hurdles near $225.There is a key bearish trend line forming with resistance near $224 on the 4-hours chart of the BCH/USD pair (data feed from Coinbase).The pair must surpass the $224 and $225 resistance levels to start a fresh increase in the near term.Bitcoin cash price is facing a major hurdle near $225 $225 against the US Dollar....

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BitMEX With A New Initiative To Provide Extra Benefits For Its Corporate Customers

The popular Bitcoin margin trading exchange BitMEX is launching a new program tailored towards its corporate customers. Called BitMEX Corporate, it will provide them with enhanced legal, auditory, and client relationship benefits.BitMEX Flatters Its Corporate CustomersIn the announcement from earlier today, BitMEX describes the corporate accounts on its platform as “the part of our customer base where the account owner is not an individual, but a company or other legal entity.” As such, they...

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Bitcoin Cash Analysis: $225 Support Holds The Key In Near-Term

Bitcoin cash price started a fresh decline from the $245 resistance against the US Dollar.The price broke the $235 support and revisited the $225 support zone.There is a major bearish trend line forming with resistance near $241 on the 4-hours chart of the BCH/USD pair (data feed from Coinbase).The pair remains at a risk of more downsides if there is a daily close below the $225 support.Bitcoin cash price is trading in a bearish zone and testing the $225 support against the US Dollar. BCH/USD...

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