Tag Archives: Bitcoin Cash

In September, one of the world’s most popular cryptocurrency exchanges Binance launched its U.S. arm, initially allowing U.S0. citizens to trade 13 cryptocurrency pairs across Bitcoin (BTC), Bitcoin cash (BCH), Binance Coin (BNB), Ether (ETH), Litecoin (LTC), XRP, and the Tether stablecoin (USDT). Since the launch, only one month has passed, but Binance.US has already demonstrated incredible results: its daily trading volume has exceeded $15 million.Besides, the U.S. arm of Binance has...

Bitcoin cash price rallied recently and climbed above the $280 resistance against the US Dollar.The price is currently consolidating above $180 and seems to be setting up for the next break.There is a major breakout pattern forming with resistance near $284 on the 4-hours chart of the BCH/USD pair (data feed from Kraken).The pair could either rally again above $285 or it might extend its correction to $260.Bitcoin cash price is trading in a nice uptrend above $280 against the US Dollar....

Photo: ShutterstockBy Dmitriy Gurkovskiy, Chief Analyst at RoboForex.The buyers managed to demonstrate a good bounce upwards. Currently, such assets as the Bitcoin or Bitcoin Cash promise interesting growth. While on the BCH/USD chart there seems to be a reversal Head and Shoulders pattern forming, hinting on further growth, the Bitcoin is yet preparing for leaving the borders of the channel and go on rising confidently.Unfortunately, the Ethereum, Litecoin, and EOS remain under pressure....

One of the biggest bitcoin miner manufacturers, the Avalon Bitcoin miner Canaan Creative, publicly filed for a U.S. Initial Public Offering (IPO) on Monday, with big names as underwriters. Credit Suisse, Galaxy Digital, Citigroup, China Renaissance, CMBI, Huatai Securities and Tiger brokers are obliged to pay for and accept delivery of the ADSs offered by this prospectus.The second-largest manufacturer of ASIC mining hardware after Bitmain, Canaan plans to list its shares on Nasdaq under the...

In what sounds like the makings of the plot of a telenovela series, top crypto billionaire and founder of cryptocurrency mining giant Bitmain Micree  Ketuan Zhan has been forced out of his own company where he holds about 60% control. CEO and fellow co-founder Jihan Wu has terminated all the day-to-day working positions and responsibilities that Micree Zhan had and held within the organization down to the deletion of his e-mail and denial of access to Bitmain’s premises.Bitmain, meanwhile,...

Bitcoin cash price declined heavily and traded below the $220 and $211 supports against the US Dollar.The price is currently correcting higher and it is trading above the $211 level.There is a major bearish trend line forming with resistance near $218 on the 4-hours chart of the BCH/USD pair (data feed from Kraken).The pair must break the $218 and $220 resistance levels to continue higher in the near term.Bitcoin cash price is facing a strong resistance near $220 against the US Dollar. If...

Photo: CoinsbitCoinsbit is an Estonia-based crypto exchange launched in 2018 and licensed for trading activities in the EU. The exchange has roughly 43 trading pairs of cryptocurrencies. The most recognized pays include BNB/ETH, BNB/USD, BNB/BTC, ETC/BTC, LTC/ETH, LTC/USD, ETH/BTC, ETH/USD, and BTC/USD.In a bid to remain relevant in the competitive crypto market, the company is introducing several essential services that will assist in differentiating the exchange from the stiff competition....

Bitcoin cash price is struggling to rebound and is trading below $225 against the US Dollar.The price is currently declining and it could slide below the $210 and $205 supports.There is a key bearish trend line forming with resistance near $220 on the 4-hours chart of the BCH/USD pair (data feed from Kraken).The pair must break $220, $225 and $230 to start a fresh increase in the near term.Bitcoin cash price is facing a lot of hurdles near $225 against the US Dollar. If BCH/USD breaks the...

Global investment platform eToro has announced its new sentiment-based crypto portfolio offering called TheTIE-Long-Only. For this, eToro has joined hands with a data analytics platform The TIE which can formulate an algorithm-based investment strategy.The input data for this sentiment-driven trading platform will be Twitter mentions. The social media platform Twitter has been the main platform for discussing crypto activities. Several popular analysts and companies share their trading...

The FXCM Group, an international online platform that offers foreign exchange (FOREX) trading, digital asset trading, as well as contracts-for-difference (CFD), has announced the start of a new offering for cryptocurrency baskets, targeted at the company’s retail patrons.According to an official FXCM press release, the new crypto basket is called CryptoMajor and will allow retailers handle a pool of five different digital currencies at once. The announcement specifies that the assets...