#bchbtc

The leading South Korean cryptocurrency exchange – Upbit – has recorded a trading volume of more than $350 million for the Bitcoin Cash (BCH)/Korean Won (KRW) pair for the past 24 hours. In comparison, trades involving Bitcoin (BTC) have been three times less. BCH has been among the best performers in the crypto market lately, with its USD valuation up over 180% for the past two weeks. BCH Grabs…

BCH broke its downtrend and the price quickly moved higher. Key Support levels: $122 Key Resistance levels: $140, $155 With the breakout confirmed, BCH managed to spike by 30% in a short amount of time as buyers rushed to get exposure. The price hit a key resistance at $140 where sellers pushed back and stopped the price from moving higher. The current support is at $122. Chart by…

The past 24 hours saw the market turn green, with the majority of cryptocurrencies charting notable gains. Some of the reasons for the surge could be the recently-filed BlackRock ETF application, followed by those of WisdomTree and Invesco, as well as the fact that the Wall Street-Backed cryptocurrency exchange EDX just went live. Let’s dive in. Bitcoin’s Price Soars to $29K Following a brief…

EDX Markets – a cryptocurrency exchange that received support from behemoths in the finance sector, such as Fidelity Digital Assets, Charles Schwab, and Citadel Securities – went live. Initially, the platform will support four of the leading digital assets, including Bitcoin (BTC), Ethereum (ETH), Bitcoin Cash (BCH), and Litecoin (LTC). The development could be one reason behind the recent…

A newly-surfaced video that dates back to 2018 showed that the current Chairman of the US Securities and Exchange Commission (SEC) – Gary Gensler – classified several cryptocurrencies, including Bitcoin (BTC) and Ether (ETH), as “not securities.”  His stance from nearly five years ago contrasts with his nowadays vision. Gensler has argued several times that the only digital asset which could…