Price ($): 65.7842 (-4.14208%)
Price (฿): 0.016711759835228202
Market Cap: $1159M
Volume (24h): $129M
An interesting and debatable post has since been written by CCN's P.H. Madore, who shared five reasons why they would consider BCH for daily transactions while encouraging it to consumers as well. The five highlighted reasons include "low fees and empty blocks," bitcoin developers' favoritism towards smaller blocks, possible mean of saving BTC, its popularity and avoiding the notion of maximalist altogether. Bearing in mind that BCH has come across several hurdles to date, it is definitely crucial to see both positive and negative viewpoints. Hence, this piece will further develop on P.H. Madore's reasoning for valuing BCH. 1. BCH Carries Lower Fees And Empty Blocks P.H. Madore argues that BCH's low fees are one of the reasons why they'd choose to transact with it on the daily. This is an obvious factor most investors are surely to consider, as the nature of retorting to digital assets is to minimize hidden fees. In addition to a lower fee of an averaged penny, BCH supposedly has more
This level of calm can make anyone nervous. Bitcoin spent the day within a close range, not losing much anywhere. Binance Coin is now over $9, further solidifying its position as a top 10 crypto. NEO gained 2%, pushing it over $8 on the global charts. Litecoin and Ethereum are maintaining their ranges
Market Analysis: Bitcoin (BTC) Continues to Slowly Decline, Major Cryptocurrencies Generally Bearish Today The slow downtrend in Bitcoin’s (BTC) price since the Feb. 8 rally has continued. So far, Bitcoin (BTC) has declined from $3,630 to $3,560, and if this trend continues for another 5 days, Bitcoin (BTC) would fall below $3,500. There is no… Read more
Since the rally on Feb. 8, the trend for Bitcoin (BTC) has been a slow and steady decline from $3,630 to $3,570. At this point, the support level is probably around $3,500-$3,550, with resistance in the $3,600-$3,700 range. Bitcoin (BTC) has tried to move upwards through the resistance level multiple times but has been pushed… Read more
Bitcoin (BTC) rose from $3,560 in the early morning to $3,620 just after noon and has now dropped to $3,580 for a slight gain on the day. It appears resistance is not much higher than the current price and lies within the $3,600 to $3,700 range. The current support level is around $3,500 to $3,550.… Read more
Following Child Exploitation Images Controversy, Bitcoin SV Adopts A Zero Tolerance Policy Earlier this week reports surfaced that a piece of illegal content involving child exploitation material has been posted on the BSV blockchain. The story was broken by The Next Web's David Canellis on February 4th which said that the BSV blockchain had images promoting child abuse on the blockchain. The action is irreversible and the images will remain on the chain forever due to blockchain's immutability. The "get it right once, or wrong forever" law that governs blockchain has been criticized with such acts being highlighted. The door for this crime was opened when the community decided to increase the block size, allowing for much more data to be stored with each transaction. This change meant that images, audio files, and video could be uploaded and stored on the BSV blockchain. Soon after the update was finalized, images of child
Bitcoin SV (CURRENCY:BSV) traded 1.9% lower against the U.S. dollar during the 1-day period ending at 18:00 PM ET on February 3rd. Over the last week, Bitcoin SV has traded 1.8% higher against the U.S. dollar. One Bitcoin SV coin can currently be purchased for approximately $64.93 or 0.01767993 BTC on major cryptocurrency exchanges including […]
Bitcoin Cash SV [IOU] (CURRENCY:BCHSV) traded up 15.8% against the US dollar during the 24-hour period ending at 0:00 AM E.T. on February 16th. Bitcoin ...
After hitting the peak in December 2017 at $20,000 Bitcoin price might have taken a crash with a new all-time high not expected till 2021, however, according to the latest data provided by Blockchain.com, the daily average block size of Bitcoin has made a new record of 1.3 MB megabytes. This record has been made possible by the continued demand for the network along with scaling solutions like Segregated Witness (SegWit). Actually, the blocks mined, that is about every 10 minutes are now regularly bigger than 1 MB which was the limit that existed before SegWit was introduced in August 2017. Last year in July, BitMex research had shared, "After the upgrade to SegWit in August 2017, although in a much slower fashion than many had hoped, the old 1MB block size limit is slowly starting to fade away." Making New Records About three months back in December, Bitcoin block registered 1.2 MB in size and before that in July, the block size was 1.1 MB in size as shown in the chart below.
Nearly three months after the hard fork of Bitcoin Cash, Coinbase started allowing users to withdraw Bitcoin SV (BSV). The users all received the same amount of BSV as the amount of Bitcoin Cash that they held in their account at the time of the fork, on November 15. Coinbase does not currently intend to support […]
The popular privacy-coin Monero (XMR) is going to experience a hard fork in the coming month. The new hard fork will be occurring on block number 1788000 and it will be taking place on March 9. According to some XMR contributors, the hard fork is going to be happening in just for weeks and it advises users to be prepared for it beforehand to avoid any complications in the future. The new hard fork will not be introducing new features to the digital asset besides a new notification and block size algorithm. The Redditor SamsungGalaxyPlayer informed: "Apparently this will be forked with the current 0.13 code, so very few. A couple default payment ID changes, new adaptive block size algorithm, new notifications, and the new mining algorithm. I don0t know when the 0.14 code will be used." There were several members of the Monero community that do not seem so in line with this proposal. The decision was firstly made by Monero developers in a private chat. The postponements of these
Here’s what happened this week in Bitcoin in 99 seconds. Major US exchange, Kraken, reported that it’s raised $100 million in investment from its own “whale” clients. The exchange also disclosed the acquisition of Crypto Facilities, a UK firm focused on derivatives. This news suggests that crypto futures will be coming to Kraken. BlockstreamRead More
Summary The SFOX Multi-Factor Market Index is set to mildly bullish entering February 2019. BTC, ETH, BCH, and LTC all experienced steady declines in their 30-day historical volatility over the course of last month. BTC, ETH, BCH, and LTC maintain strong, positive correlations with each other. BTC and ETH both showed strong negative correlations to […]
Most cryptocurrency enthusiasts and analysts use CoinMarketCap to ascertain the relative rankings of cryptocurrencies. However, the market cap data displayed on CoinMarketCap is simply the current price of a cryptocurrency multiplied by the total circulating supply. This is an inaccurate method of measuring the total value of a cryptocurrency since if even a small fraction… Read more
Bitcoin Cash SV [IOU] (CURRENCY:BCHSV) traded up 15.8% against the US dollar during the 1-day period ending at 5:00 AM E.T. on January 31st. Bitcoin Cash SV [IOU] has a total market capitalization of $0.00 and approximately $171.73 million worth of Bitcoin Cash SV [IOU] was traded on exchanges in the last day. Over the […]
The Bitcoin world hasn’t been short of amazing, with several new developments since Bitcoin was revitalized in November 2018. Bitcoin SV is proving that by following Satoshi’s original plan of keeping a stable protocol and pursuing massive on chain scaling, it opens up incredible new possibilities.
According to the press release released by Coingeek last month, Bitcoin SV has mined the largest block in the history of cryptocurrency. BSV had a roller-coaster in the first couple of months since it came into existence on November 15th, 2018, after the hard forking from the original BCH. Bitcoin…
All cryptocurrency traders from Denmark and the surrounding countries now have a reason to buy or sell BCH, XLM and BSV hassle-freely, thanks to Coinify. In an announcement made with regards to this new development, the Copenhagen-based crypto exchange platform said that the three would be listed on their site from 12th February 2019. According to a Feb 11th statement posted on news.Bitcoin.com, the exchange's co-founder and CEO, Mark Højgaard, the three are part of their plans to increase the number to 15. He says they are optimistic that by the end of 2019, their digital assets exchange will have fully supported all the 15. The three cryptocurrencies now join a list that has Ethereum which was also listed in late 2018. Effectively, users are now free to trade their Bitcoin Cash, Stellar and Bitcoin SV coins directly using bank transfer or a credit card. However, There's A Catch! Coinify is one of the few exchanges to allow its users to buy the three cryptocurrencies without having to
Bitcoin SV (CURRENCY:BSV) traded 2.4% lower against the US dollar during the 24 hour period ending at 16:00 PM Eastern on February 10th. Bitcoin SV has ...
Bitcoin SV made news recently when it overtook the tenth spot in terms of cryptocurrency market cap. The token network is now worth about $1.35 billion and is likely to increase is worth in the coming months. Bitcoin SV, Bitcoin Satoshi Version, is a hard-fork of the Bitcoin Cash blockchain that is giving its parent a run for its money. The BSV is...
One of our great supporters asked me to take a look at the BSVUSD chart. We already have an analysis with targets for BCHSVBTC. You can find it here: https://www.tradingview.com/chart/BCHSVBTC/lX5q5Y5I-Bitcoin-Cash-SV-Reaches-Support-Might-Bounce-Analysis/ BSVUSD Chart Analysis We are looking at the 4H Time Frame, which means that each candlestick...
Bitcoin Cash SV (BSVUSD) Seems to have completed its retrace. You can see the support/demand zone in yellow. This area can be used as support if price breaks down. If this area holds as support, you can expect a bounce up, but if it breaks you can expect the price to continue going down. For this reason, we use a candlestick close below this area ...
It broke the support line a few days ago, but it has not really dropped since. On the right we can also see a bullish wedge. But what sticks out, is the high volume the past few hours. Like some are accumulating at this level. There is a zone between the green and red area. Assuming the wedge is real and we break up, the target is around the yello...