Tag: Cash

Bitcoin cash price rises as Binance.US addresses recent concerns

boss

Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied Binance.US has responded to the recent FUD over trading bitcoin cash (BCH) and maintaining the coin’s reserves.  Binance.US encountered a temporary disruption in BCH withdrawals, which caused inconvenience to users. The issue arose due to a technical problem in the deposit sweeping system.  Binance.US claims to maintain a 1:1 reserve policy to set the record straight. This means the exchange keeps an equivalent amount in reserve for every unit of BCH held by customers. We take…

Bitcoin Cash Price (BCH) Rises More Than 10%

boss

Bitcoin (BTC) rallied to a new 13-month high above $31,500 early Thursday morning before a pullback to the current $31,100, up more than 2% for the day. The world’s largest cryptocurrency by market value has traded above $30,000 for a couple of weeks, but has struggled to reach the $32,000 level. “For the bitcoin rally to continue, we will need to get confirmation that the SEC will grant permission for a spot-Bitcoin ETF in the U.S,” said Edward Moya, senior analyst at Oanda. The top gainer among large-cap cryptos on…

Bitcoin cash (BCH) surges 166.3% over past 2 weeks

boss

Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied Bitcoin cash (BCH), a cryptocurrency that originated as a fork of bitcoin, aims to enhance transaction efficiency for both individuals and businesses, and it has remained a prominent player in the top 50 cryptocurrencies based on market capitalization. In Q2 of 2023, BCH experienced a substantial 104% surge in price, which can be attributed to its listing on EDX Markets. Skyrocketing value According to CoinGecko reports, June 2023, bitcoin cash (BCH) experienced a remarkable surge, reaching a…

Bitcoin Cash Surges to Over 1-Year High amid Rising Trading Volume in South Korea

Since BCH became one of the four cryptocurrencies traded on EDX, its price has continued to rise. In the last 24 hours, the crypto has spiked more than 30%, reaching $325 for the first time since April 2022. Bitcoin Cash (BCH) is experiencing a major increase in price and trading volume due to different reasons. One of the significant factors that have been said to affect its price is that Fidelity, Charles Schwab, and Citadel-backed EDX Markets introduced BCH as part of the assets available for trading on their platform…

European Commission Publishes Proposals to Preserve Cash and Create Digital Euro Framework

The European Commission’s proposals for the use of cash and the digital Euro contain similar content as a draft bill leaked earlier in June. The European Union has published proposals that seek to preserve the use of cash in the region, while simultaneously setting a framework for the possible issuance of a digital euro. According to proposals by the European Commission, the aim is to ensure that banknotes and coins are still as accessible as ever while digital options are also supported. The Commission said people in the EU have been…

Bitcoin cash gaining traction, DigiToads presale raises over $5.7 million

boss

Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied The world of cryptocurrency is constantly evolving, with new trends emerging regularly. Bitcoin, a decentralized digital currency, has gained significant global investment. However, Bitcoin Cash has also made a name for itself as a convenient and affordable medium of exchange. Its supporters strive to make it user-friendly. Bitcoin Cash was created through a hard fork of Bitcoin, meaning they share a common code base and transaction history. With increasing adoption and better scalability, Bitcoin Cash is…