Bitcoin Cash was a hard fork of Bitcoin. The split took place in 2017 and since then, Bitcoin Cash has become one of the largest cryptocurrencies to emerge from Bitcoin. It has made a number of subtle but significant changes to distinguish itself from Bitcoin, namely larger block size and faster transaction times.
Markets
Bitcoin pulled back Wednesday, sliding toward $84,000 after touching a seven-month high near $87,250 earlier in the week. The retreat came as traders rotated into two unlikely winners: Bitcoin Cash and Bitcoin SV, forks that split off Bitcoin's main chain years apart. Both tokens posted some of their sharpest gains in months even as the broader market cooled. Myriad: How high will Bitcoin go? Click to make your prediction. Bitcoin Cash split from Bitcoin's main chain in August 2017 over a disput...
Coins
CME Group is adding Bitcoin Cash and Uniswap to its regulated futures lineup. The exchange said Tuesday it plans to launch BCH and UNI contracts on October 19, pending regulatory review. Traders get a choice between standard-sized contracts and smaller micro versions. Bitcoin Cash futures will represent 250 BCH, with micro contracts covering 25 BCH. Uniswap futures will cover 10,000 UNI, and its own micro contracts will trade at 1,000 UNI. Myriad: How high will Bitcoin go? Click to make your pre...
Markets
Bitcoin has been on a steady uptrend in April, with shallow pullbacks, allowing altcoins to extend their gains. Pudgy Penguins meme coin PENGU led altcoin gains, up 12.6% on the day, while Cosmos (ATOM), Aptos and Bitcoin Cash saw gains of over 5% over the past 24 hours. The altcoin surge comes as Bitcoin hovers around $78,000, up nearly 2% over the past 24 hours, according to CoinGecko data. If the bullish momentum persists, the leading crypto could revisit $80,000 for the first time in over t...
Business
Mt. Gox’s court-appointed rehabilitation trustee has postponed the defunct exchange’s creditor repayments, moving the deadline to October 31, 2026. Rehabilitation trustee Nobuaki Kobayashi wrote that many creditors still haven’t received their repayments because they “have not completed the necessary procedures,” while others faced issues during the process. The change was formally approved by a Tokyo court and announced in a notice published Monday. Kobayashi said most base and early repayments...
Markets
The SEC has pushed back its decision on Nasdaq’s bid to list the Grayscale Hedera Trust as the investment firm filed updated registrations for its Bitcoin Cash and Litecoin trusts. The SEC is designating November 12 as the new deadline, according to an order on Grayscale's Hedera Trust published Tuesday. On the same day, Grayscale submitted registration statements for its Bitcoin Cash Trust and Litecoin Trust, both of which were filed on Form S-3 as existing vehicles that already report to the S...
Markets
Old-school cryptocurrencies are surging in the wake of XRP setting a new all-time high, after a painstaking seven-year wait. One expert believes it is an early sign of an altcoin season following Bitcoin’s all-time high on Monday, adding that newer altcoins could be next to pump. Major retro altcoins Ethereum Classic, Litecoin, and Bitcoin Cash have all seen notable gains, with other altcoin such as Uniswap, Dogecoin, and Hedera also jumping in value. “We're seeing early signals of an 'altcoin...
Law and Order
Crypto entrepreneur Roger Ver—also known as "Bitcoin Jesus"—has reportedly sued Spain as one of the technology's earliest adopters fights extradition to the U.S. over tax evasion charges. Bloomberg Law first reported that the crypto mogul filed a lawsuit with the European Court of Human Rights, claiming that the country violated his legal protections when it ruled that he should be sent to the U.S. According to Bloomberg, which reviewed the lawsuit, Ver's legal team argued that the extradition...
Coins
Stablecoin issuer Tether is ending its USDT support for five blockchains effective on September 1, the company announced on Friday, ending redemptions and freezing the remaining assets on those blockchains. Last June, the firm ended its minting function on Algorand and EOS (now called Vaulta), meaning it would no longer issue new stablecoins on those chains. In 2023, it announced the same for Bitcoin Cash, Kusama, and Omni Layer Protocol. Now, Tether has put a hard end date on its stablecoin s...
Coins
Bitcoin Cash (BCH) hit a seven-month high on Tuesday and has gained 15% in the past week to $519.10 at the time of writing. The cryptocurrency, often termed Bcash, was the best-performing top-100 crypto asset, and its performance far exceeded the overall crypto market cap, which dipped 2.8%. Bitcoin Cash, which split off from its parent currency in 2017, is the most popular and most traded of the 100-plus Bitcoin “forks.” In practice, it functions fairly identically to Bitcoin (BTC), but it boas...
Markets
The effects of the ceasefire between Israel and Iran seems to have already been digested by traders as markets today cool down after big jumps earlier this week. Only two coins (Pi and Maple Finance) are up more than 10% with the average price appreciation in the top 100 coins by market cap being around 2%, and the average dip around that mark too. But crypto traders are pushing upwards: total cryptocurrency market cap across the sector is up to $3.283 trillion, a modest 0.81% daily increase. Tr...
Markets
Here's something you don't see every day: Bitcoin's lesser-known cousins are stealing the show while the king of crypto takes a nap. Bitcoin Cash has gone absolutely ballistic, rocketing 98% since its low point in April and trying to break the $500 resistance mark for good. Meanwhile, Bitcoin SV—yes, that controversial fork led by Satoshi pretender Craig Wright—is quietly climbing. This rotation reflects broader market dynamics, with the S&P 500 on Friday hitting 6,000 points for the first time...
Law and Order
Crypto entrepreneur and alleged criminal Roger “Bitcoin Jesus” Ver is pleading with President Donald Trump for a pardon—but Trump confidant and Tesla and SpaceX boss Elon Musk said that Ver’s renounced U.S. citizenship makes that impossible. Musk, the tech titan and close President Trump ally—not to mention noted Dogecoin fan and head of the Department of Government Efficiency, aka DOGE—said on X (formerly Twitter) Sunday that Ver would not get pardoned because of the move. Ver, 46, is facing ja...
Business
Something interesting just landed on the U.S. Securities and Exchange Commission’s (SEC) desk: NYSE Arca, regarded as Wall Street's electronic home for exchange-traded funds (ETFs), wants to list Bitwise's $1.4 billion crypto index fund. The numbers on the document seem to show where the smart money thinks crypto is headed. Filed Wednesday, the proposed ETF reveals a carefully weighted portfolio that's anything but a crypto free-for-all. Bitcoin still commands the lion's share at 75.14%, while E...
Law and Order
Craig Wright launched a new legal battle claiming that Bitcoin developers have deviated from the original vision of the project and insisting that Bitcoin SV is the real Bitcoin. The claim is seeking from the defendants the difference in market valuation between the two coins, over $1.18 billion. If Wright’s name sounds familiar, that’s because he previously claimed to be the creator of Bitcoin, Satoshi Nakamoto himself, getting tied up into a legal battle that he ultimately lost. The recently...
Markets
At least some Mt. Gox creditors are expected to receive their repayments in the next seven to 14 days, according to an email Kraken sent to users. Kraken is one of five crypto exchanges, including Bitstamp, that is working with the Mt. Gox trustee to facilitate distribution of BTC to the defunct exchange’s creditors. The exchange confirmed that the email, which has been making the rounds on Twitter, is legitimate. But Kraken did not comment on whether its distribution will match that of other co...
Markets
More than a decade after losing their funds, Mt. Gox creditors will start receiving repayments in Bitcoin and Bitcoin Cash commencing in early July, according to a note by Mt. Gox Rehabilitation Trustee Nobuaki Kobayashi. The note suggests that compliance measures and exchange cooperation have already taken place. “We have taken time to ensure safe and reliable repayment to creditors, including technical remedies for safe repayments, compliance with financial regulations in each country, and dis...
Law and Order
Cryptocurrency entrepreneur Roger Ver, also known as "Bitcoin Jesus," has been released on bail in Spain after posting a €150,000 bail. According to a Bloomberg report, Ver was permitted to leave jail May 17, on condition that he hand in his passport and remain in Spain pending a decision on his extradition to the U.S., where he faces $50 million tax evasion charges. Ver must also report to court every two days. Ver was arrested by Spanish authorities in April, after the U.S. Department of Justi...
Markets
The price of Bitcoin Cash went on a rollercoaster ride as its recent block reward halving took place yesterday, dropping as low as $565 ahead of the halving before recovering. Bitcoin Cash is currently priced at around $676, up 11.3% on the day and almost 20% on the week, per data from CoinGecko. At the time of the halving, which took place at block 840000, at 22:45 UTC on March 4th, the price of Bitcoin Cash was $574.90. Around half an hour ahead of the halving, it had dipped to a low of $565,...
Markets
Bitcoin Cash, the cryptocurrency born out of a contentious Bitcoin fork in 2017, is making headlines as it surges to its highest price in nearly three years. The coin has seen a 5% increase in the last 24 hours, a nearly 28% jump over the past week, and a sizable 43% rally in the last 30 days, per data from CoinGecko. Today, BCH skyrocketed from just above $600 to a daily high of about $697, before correcting to its current price of $635. Today's high marks the highest price point for BCH since...
Coins
Despite a public invitation to return to the Bitcoin community, early Bitcoin investor Roger Ver is sticking with Bitcoin Cash (BCH)—and says layer-2 blockchains are off the mark. Blockstream CEO and early Bitcoin developer Adam Back extended an olive branch to Ver after the latter’s book was published. In “Hijacking Bitcoin: The Hidden History of BTC,” Ver asserts that the original vision of Bitcoin has been corrupted. Ver spoke with Decrypt about the current state of Bitcoin Cash and his respo...
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