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Tag Archives: Bitcoin Cash

Satoshi Claimant Craig Wright: Bitcoin In Grips of Communist Takeover

The man who claims to be Satoshi Nakamoto, Craig Wright, took to his blog this week to warn Bitcoin and cryptocurrency developers that “his” invention is not for communists.Wright bemoaned the current trend in the cryptocurrency space, which sees many coins launch with built-in developers funds or pre-mines. According to Wright, this is tantamount to a communist takeover, and simply places all of the risks on the purchaser of such coins – not the development teams themselves.Craig Wright: Dev...

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Time To Sell Bitcoin Cash (BCH)? Zhan Ketuan Accuses Jihan Wu of Embezzling Bitmain Property

The controversies surrounding Bitmain continue as recent reports have it that Jihan Wu has allegedly been involved in illegal activities, putting his wills and interests above the law.New Reports Spark More ControversyToward the end of last year, Jihan Wu, who had previously stepped down as the co-CEO of Bitmain, assumed control once again. Since then, controversy seems to be spiraling out of control.Jihan Wu. Source: MediumJust a couple of weeks ago, CryptoPotato reported that the exiled...

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Bitcoin Cash Analysis: Breakdown Below $225 Seems Likely

Bitcoin cash price started a steady decline from the $260 resistance against the US Dollar.The price broke the $250 and $240 support levels to move into a bearish zone.There is a key bearish trend line forming with resistance near $236 on the 4-hours chart of the BCH/USD pair (data feed from Coinbase).The pair remains at a risk of more losses below the $225 support unless it surges above $240.Bitcoin cash price is showing signs of bearish continuation below the $225 support against the US...

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Börse Stuttgart: BISON führt Handel mit Bitcoin Cash ein

Personen aus 72 Nationen können die BISON App herunterladen und nutzen, wenn sie ihren Hauptwohnsitz im Europäischen Wirtschaftsraum (EWR) + Schweiz haben. Kryptowährungen unkompliziert und zuverlässig über das Smartphone handeln: Das ermöglicht BISON, die Krypto-App der Gruppe Börse Stuttgart. Jetzt hat BISON Bitcoin Cash als weitere handelbare Kryptowährung eingeführt. Ebenfalls neu ist die Möglichkeit, Litecoin aus einer privaten...

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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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Bitcoin Cash Analysis: Key Support Turned Resistance At $245

Bitcoin cash price declined sharply after it failed to clear the $260 resistance against the US Dollar.The price is down more than 5% and it broke the key $245 support zone.There was a break below a crucial bullish trend line with support near $252 on the 4-hours chart of the BCH/USD pair (data feed from Coinbase).The pair is currently correcting higher, but upsides are likely to remain capped near $245.Bitcoin cash price is back in a bearish zone below the $245 support against the US Dollar....

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Bitcoin Cash Analysis: Signs of Bullish Break above $270

Bitcoin cash price is following a bullish path above the $250 level against the US Dollar.The price is facing a major hurdle near the $268 and $270 levels.There is a major bullish trend line forming with support near $254 on the 4-hours chart of the BCH/USD pair (data feed from Coinbase).The pair is likely to accelerate higher if there is a clear break above the $268 resistance zone.Bitcoin cash price is trading in an uptrend above $255 against the US Dollar. BCH/USD is likely to clear the...

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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 Analysis: Support Turned Resistance At $235

Bitcoin cash price started another decline after it failed near the $255 resistance against the US Dollar.The price declined below the key $240 and $230 support levels.There is a major bearish trend line forming with resistance near $235 on the 4-hours chart of the BCH/USD pair (data feed from Coinbase).The pair could correct higher a few points, but it is likely to face hurdles near $235 and $240.Bitcoin cash price is back in a bearish zone below $240 against the US Dollar. BCH/USD must stay...

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Bitcoin Cash Analysis: Can Bulls Protect This Crucial Support?

Bitcoin cash price started a fresh decline after it failed near the $280 resistance against the US Dollar.The price declined below the key $250 and $245 support levels.There is a key ascending channel forming with support near $235 on the 4-hours chart of the BCH/USD pair (data feed from Coinbase).The pair could either break the $245 resistance to continue higher or decline further towards $215.Bitcoin cash price is correcting losses from the $217 low against the US Dollar. BCH/USD must stay...

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