Category: Bitcoin Cash

Bitcoin Cash no longer a top-10 cryptocurrency after being hounded out by Dogecoin

February 8, 2021

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Together with Stellar, Dogecoin passes Bitcoin Cash by market cap and leaves the struggling altcoin in 12th place. 21539 Total views 37 Total shares The fortunes of beleaguered Bitcoin (BTC) spin-off Bitcoin Cash (BCH) took a turn for the worse on Feb. 8 as it was chased out of the top ten cryptocurrencies — by […]

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Binance Coin hits all-time highs as BNB surpasses Bitcoin Cash by market cap

February 4, 2021

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Bitcoin Cash is now in danger of being ejected from the top 10 cryptocurrencies by market cap. 5864 Total views 21 Total shares Binance Coin (BNB), the in-house token of cryptocurrency exchange Binance, saw its price hit a new all-time high this week, passing Bitcoin Cash (BCH) by market capitalization. BNB/USD 1-week candle chart (Binance). […]

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Bitmain’s Antminer says Bitcoin rig sales won’t be affected by CEO departure

January 27, 2021

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After corporate infighting temporarily halted chip shipments in 2020, Bitmain’s Antminer team says business will resume as normal following former CEO Jihan Wu’s departure. 4660 Total views 16 Total shares Bitcoin (BTC) mining rig manufacturer Bitmain has issued a notice to customers stating that business operations will resume as normal in light of former chairman […]

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Price analysis 1/22: BTC, ETH, DOT, XRP, ADA, LTC, LINK, BCH, BNB, XLM

January 22, 2021

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Aggressive profit-booking sent Bitcoin (BTC) spiraling below $29,000 on  Jan. 21 but was this a sign that institutional investors dumped their positions? This is one of the main questions bothering traders because large institutional inflows primarily led the run-up to $42,000. Cointelegraph contributor Marcel Pechman analyzed derivatives data from various exchanges, which showed professional traders […]

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Market Wrap: Bitcoin Dips to $34.4K as Big-Name DeFi Tokens Trounce ETH

January 15, 2021

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Bitcoin may be down now but there is still growing demand for crypto assets, one analyst said. CoinDesk 20 Bitcoin Price Index Jan 15, 2021 at 9:52 p.m. UTCUpdated Jan 15, 2021 at 9:55 p.m. UTC Market Wrap: Bitcoin Dips to $34.4K as Big-Name DeFi Tokens Trounce ETH Bitcoin was slipping Friday on lower-than-average volumes […]

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Price analysis 1/15: BTC, ETH, XRP, DOT, ADA, LTC, BCH, LINK, XLM, BNB

January 15, 2021

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Grayscale products witnessed $3.3 billion in inflows in the fourth quarter of 2020, a large jump over the $1.05 billion seen in the preceding quarter. According to Grayscale, institutional investors accounted for 93% of the new investments.  The significance and magnitude of the investments can be gauged from the fact that in 20, Grayscale received […]

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Traders flock into altcoins as Bitcoin price trades sideways

January 9, 2021

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Altcoins are surging higher as Bitcoin price consolidates and the prospect of a $3 trillion economic stimulus package sparks confidence in crypto investors. 35741 Total views 200 Total shares The bullish momentum seen throughout the week has spilled over into the weekend as the majority of the top-100 tokens listed on CoinMarketCap are posting double-digit […]

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Price analysis 1/1: BTC, ETH, XRP, LTC, DOT, BCH, ADA, BNB, LINK, BSV

January 1, 2021

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Bitcoin (BTC) rallied from an intraday low at $17,573.29 on Dec. 11 to an intraday high at $29,310.19 on Dec. 31, a 66.78% rally in a short span. This shows strong demand from traders at every higher level. Institutional crypto investment giant Grayscale bought 72,950 Bitcoin in December, which was 159.49% more than the 28,112 […]

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2021 price outlook: BTC, ETH, XRP, LTC, BCH, LINK, ADA, BNB, DOT, XLM

December 26, 2020

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The year 2020 was a forgettable one for many reasons including lockdowns and economic restrictions. The shutdowns resulted in the worst economic crisis seen in decades. At the same time, most governments and central banks have responded with unprecedented fiscal stimulus and monetary expansion measures to revive their economies. Therefore, institutional investors who are wary […]

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Price analysis 12/18: BTC, ETH, XRP, LTC, BCH, LINK, ADA, DOT, BNB, XLM

December 18, 2020

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Christopher Wood, the global head of equity strategy at Jefferies, has dumped five percent of their physical gold position in order to buy Bitcoin (BTC). This move shows that a growing number of institutional investors consider Bitcoin to be at par or a better store of value than gold. Wood also said that if Bitcoin […]

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