Get the weekly summary of crypto market analysis, news, and forecasts! This Week’s Summary The crypto market ends the week at a total market capitalization of $2,17 trillion. Bitcoin continues to trade at around $62,300. Ethereum experiences no changes and stagnates at around $2,400. XRP is down by 2%, Solana by 1%, and Dogecoin by 3%. Almost all altcoins are trading in the red, with very few exceptions. The DeFi sector decreased the total value of protocols (TVL) to around…
BCH
Creditors Rejoice as MtGox Initiates Long-Awaited Repayments in BTC, BCH, Fiat
MtGox will repay creditors with 142,000 BTC, 143,000 BCH, and $500 million. Creditors are relieved as the MtGox bankruptcy case nears resolution after years of waiting. The Bitcoin exchange MtGox, which once had the highest market share, has been increasingly the center of attention. Most recent updates to the support of the Kraken BTC and BCH payment API interface hint that heavy things are about to come. Today, Reddit data shows that the interface reads ”payment being processed ” with…
1 year ago
MtGox Prepares to Release 142,000 BTC and 143,000 BCH by October 31st
The post MtGox Prepares to Release 142,000 BTC and 143,000 BCH by October 31st appeared first on Coinpedia Fintech News Rising anticipation surrounds the once-dominant Bitcoin exchange, MtGox, as recent updates on the Kraken BTC and BCH payment API interface point to major upcoming movements. Data on Reddit reveals that the interface now reads “payment in preparation” with a timestamp dated May 13. It signals that MtGox is getting ready to finally release its massive holdings, which include 142,000 bitcoins…
1 year ago
Forbes Lists XRP, ADA, BCH, LTC, XLM, XMR as ‘Zombie’ Tokens with Unproven Utility: Should Investors Dump or Hold?
Since Forbes attacked XRP, ADA, ICP, BCH, and XLM as zombie tokens with “little utility other than for speculative crypto trading,” investors have been split on whether to hold them. Over the past months, most of the 20 ‘zombie’ tokens have declined by more than 20%, with some losing a third of their value, like Cardano’s ADA and Stacks’ STX. It’s been a month since Forbes published a scathing article describing 20 blockchain networks whose market cap is at least…
1 year ago
Analyst CryptoYoddha Predicts Polkadot (DOT) Surge: Bitcoin Cash’s (BCH) Next Price Target As Rollblock (RBLK) Frontiers Online Gambling Experience
Well-known analyst CryptoYoddha foresees Polkadot (DOT) rising above its current price to new highs. Meanwhile, Bitcoin Cash (BCH) spiked 252% in the year-to-date (YTD) chart, positioning altcoin among the biggest gainers on the market. Against this backdrop, Rollblock(RBLK), a presale-stage project, has transcended the traditional online casino framework with an unparalleled online gambling experience. Crypto Analyst CryptoYoddha Polkadot Price Prediction Polkadot price on the year-to-date (YTD) chart has seen a marginal decline, dropping by 1%. However, crypto expert CryptoYoddha highlighted…
1 year ago
How to Cash in Big on $MEDA Presale Momentum While BCH and SOL Pump; Milei Moneda Presale a Possible 100x?
The post How to Cash in Big on $MEDA Presale Momentum While BCH and SOL Pump; Milei Moneda Presale a Possible 100x? appeared first on Coinpedia Fintech News Milei Moneda ($MEDA) captures investors’ attention with its unique offerings of NFTs, deflationary tokens, governance rights, and profits. Bitcoin Cash (BCH) surged by 57%, fueled by the hype around its upcoming halving event, and Solana (SOL) surged by 19% due to Zeta’s launch on Solana’s network. Economize Like Milei: Invest in $MEDA!…
1 year ago
Bitcoin Cash Completes Halving Ahead of Bitcoin: What It Means for BCH Investors
Despite the reduction in block rewards, Bitcoin Cash saw a notable price surge, reaching levels not seen since 2021, peaking at approximately $700. Following the BCH halving, the network’s mining difficulty surged to its highest level since 2019, reaching 761,589.2. Concurrently, miner rewards decreased from 0.0003 to 0.00017. Bitcoin Cash recently experienced its halving, occurring shortly before Bitcoin’s scheduled quadrennial event. Unlike Bitcoin, this halving was the second occurrence for the Bitcoin Cash (BCH) network. The reduction in block rewards…
1 year ago
BTC Faces Enhanced Volatility as US Govt Sells Silk Road-Related Bitcoin, BCH Completes 2nd Halving: This Week’s Crypto Recap
This week was quite a volatile rollercoaster for the primary cryptocurrency and the rest of the market, perhaps driven by actions undertaken by the US government. Recall that BTC’s price had stalled at around $69,000 last Friday as the bulls had failed to overcome the $70,000 level. Following a relatively quiet weekend, in which BTC stayed at around the same levels, it went on the offensive once again on Monday to over $71,000. However, Bitcoin failed to overcome that resistance…
1 year ago
Crypto old guard returns – Bitcoin Cash (BCH) and Litecoin (LTC) are back
When looking at the more successful altcoins for the current crypto bull market, it is often the newcomers that really make the gains. That said, the blast from the past, in the shape of $BCH and $LITE should not be discounted. Litecoin (LTC) is one of the original altcoins that came into existence way back in 2015. Also a proof-of-work blockchain like bitcoin, but one that uses a different cryptographic algorithm, and produces more coins, Litecoin became known as the…
1 year ago
BCH Soars 10% After Completing Second Halving, BTC Sluggish at $66K (Market Watch)
Bitcoin’s price slumped below $66,000 on a few occasions yesterday but managed to recover the losses and now sits just inches above that level once again. Most altcoins are in the red today, with SOL, DOGE, and DOT losing the most value from the larger caps. BTC Stalls at $66K Ever since the weekend, when BTC failed to overcome the $72,000 mark, the landscape around the primary cryptocurrency has been quite unfavorable. The asset began the current business week with…
1 year ago