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Bitcoin Cash price, market cap on Coin360 heatmap

Bitcoin Cash(BCH)

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$140.793
(4.6%)
0.00592435 BTC
Market Cap (Rank#31)
$2,694,991,528
113,401 BTC
Vol 24h
$72,152,994
3,036 BTC
Circulating Supply
19,141,493.75
Max Supply
21,000,000
6 days agocryptodaily
Gaia Relaunches Bitcoin ATMs in Japan
Japanese crypto exchange Gaia has recently announced that it will be relaunching BTMs (Bitcoin ATMs) in the country, with the new machines supporting popular cryptocurrencies such as Bitcoin, Ether, Bitcoin Cash, and Litecoin, among others. Bitcoin ATMs have been around in Tokyo since at least 2014, but because of the decline in usage, developers and firms supporting these machines have pedaled back and discontinued production. This is hearkened by the collapse of Coincheck in 2018, a popular exchange at the time which was exploited for some $530 million, effectively crippling Japan's local crypto sector. In late 2014, another tragedy hit the country's burgeoning crypto scene at the time, with the downfall of Mt. Gox, an infamous crypto exchange which has since been shut down. It appears that the country and its private sector has rekindled its commitment to fostering the growth of the market. This series of events prompted the Japanese government to relegate regulatory oversight to an independent and self-regulatory agency, the Japan Virtual Currency Exchange Association (JVCEA). With the reintroduction of crypto ATMs in the country through the initiatives of Gaia, Japanese prime minister Fumio Kishida has called on the JVCEA to hasten its screening process to expand its listing for new digital assets, with a particular focus on local exchanges. With the reintroduction of crypto ATMs, key locations in Tokyo and Osaka are being targeted by Gaia. This is a significant move by Gaia, as it not only signals a resurgence in confidence in cryptocurrencies by the firm, but also suggests that there is still public interest in digital assets despite the bear market. ATMs will provide individuals with a way to easily and quickly buy or sell cryptocurrencies, which may help to further increase adoption and growth for the crypto sector in Japan. According to Gaia, they initially plan to set up at least 50 such crypto ATMs across Japan, with a working timeline of 12 months. Further, Gaia plans to be able to install 130 within three years. The ATMs are capped at 100,000 Japanese yen per transaction, with the withdrawal capped to 300,000 yen per 24-hour cycle. These specifications for withdrawal are in compliance with the country's existing Anti-Money Laundering laws. Prospective users are required to register with Gaia and receive a card which will provide them with access to the ATMs. Users may also send crypto assets to the BTMs through Gaia's mobile app. While the ATMs would themselves not serve as a crypto-fiat ramp, these will be very useful for users who may need spare cash of up to $700 (the rough equivalent of the per-transaction limit) for daily needs and expenses. The decision to relaunch crypto ATMs in the country marks the first time that a locally-registered crypto firm will do such a project in Japan. Previous crypto ATMs were deployed by foreign firms looking to service the country's growing crypto user base, a few years back. The Japanese government has also been making strides, in particular with the emerging sectors for Web3. The country recently opened a Web3 Policy Office under the supervision of its Ministry of Economy, Trade, and Industry (METI). This office will be tasked to work on the development of "innovative business environment(s)" for Web3 firms, alongside regulatory frameworks that would support these firms as they establish the country's Web3 infrastructure. Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.
7 days agocryptodaily
Gucci Now Accepting ApeCoin
Fashion brand Gucci has announced that it is adding ApeCoin to its list of accepted cryptocurrencies. Gucci Customers Can Pay With APE Gucci will now be accepting APE payments. The luxury fashion house announced the news via its Twitter handle on Tuesday, revealing that the fashion house has started accepting ApeCoin payments as ‘yet another step in the House’s exploration of Web3.’ The announcement revealed that customers could pay in ApeCoin via the BitPay app for in-store purchases at certain Gucci boutiques and retail outlets across the United States. This means that APE will join a series of other leading cryptocurrencies that are already accepted as payments at Gucci stores. The ApeCoin crypto was launched in March 2022 by Yuga Labs, which is the entity behind the wildly popular Bored Ape Yacht Club NFTs. Since then, it has seen a rapid rise in popularity, owed partly to its connection with the sought-after NFT collection. Gucci’s Crypto Advances The House of Gucci has been making decisive steps of advancements into the Web3 space. The fashion giant has been dipping its toes in the NFT waters and has also entered several Web3 deals with companies like 10KTF, SUPERPLASTIC, and SuperRare. In May 2022, the brand started accepting cryptocurrencies as payment for in-store purchases at specific outlets in the US. Some of these accepted cryptocurrencies include the popular Bitcoin, Ethereum, Dogecoin, Bitcoin Cash, Litecoin, Shiba Inu, and several stablecoins. The brand has also entered the metaverse with the virtual Gucci Garden that was launched on Roblox in 2021 and has since attracted millions of visitors. It even successfully sold a virtual designer purse on the platform at a rate higher than the actual price of the original purse. Other metaverse conquests for Gucci include designing ‘skins’ for the digital avatars on Pokemon Go and Animal Crossing and purchasing virtual land in The Sandbox. Web3 Attracts Luxury Brands Besides Gucci, other fashion brands are also embracing crypto and Web3. Most recently, luxury fashion retailer Philipp Plein announced crypto payment options for his upcoming store in London’s Mayfair. Other luxury brands are also adapting themselves to leverage web3 for enhanced customer experiences. For example, to mark the occasion of its 22nd anniversary, luxury brand VERTU Paris partnered with Binance to launch the new VERTU Constellation X Ulm smartphone through an exclusive sales process. Swiss watchmaker TAG Heuer has also launched a smartwatch feature that will allow owners to display their NFT collections. Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.
16 days agocointelegraph
Top 5 cryptocurrencies to watch this week: BTC, ETH, BCH, AXS, EOS
If Bitcoin clears its overhead resistance level, ETH, BCH, AXS and EOS could resume their uptrend with surprising strength.
17 days agocryptodaily
Best Investment Opportunities 2022: Bitcoin Cash (BCH), Chiliz (CHZ) and Degrain (DGRN)
Despite the recent market downturn, retail and institutional investors alike are always on the hunt for potentially lucrative ventures to help them achieve their long-term financial goals. Three cryptocurrencies fit this category in July 2022: Bitcoin Cash (BCH), Chiliz (CHZ), and exciting newcomer Degrain (DGRN). Here’s how. Bitcoin Cash (BCH) could a recovery be in sight? Bitcoin Cash is one of the most established digital currencies trading on every crypto exchange. Its passionate community and status as one of the OG Bitcoin forks bode well for its recovery before 2022 ends. Despite a poor showing in June (and a bit of drama involving its CEO Roger Ver), BCH has recorded a 14.5% gain in the past two weeks as of this writing, and its uptrend has crypto analysts predicting a bullish trend likely continuing for the Bitcoin fork to recover its lost gains. Experts tip BCH to do a strong finish to close out 2022. Buy the dip. Chiliz (CHZ) investors begin to pile into Degrain presale Malta-based fintech company Chiliz (CHZ) is expanding its decentralized digital currency for sports by partnering with some of the biggest football clubs in the world, such as English champions Manchester City, Spanish giants Barcelona, and perennial French champions Paris-Saint-Germain. Through its Chilliz (CHZ) token, users can interact with their favorite teams and win prizes through the company’s Socios fan platform. Chiliz has since gone beyond football teams by collaborating with MMA promotion UFC to launch the brand’s fan token, which will benefit the Maltese company’s long-term success. Chilliz (CHZ) hit an ATH of $0.87 last March 2021 and is currently trading at the $0.10 level. With all its recent developments, experts predict a recovery to the $0.30-0.40 level in the next bull run. Chilliz (CHZ) is definitely on many investors’ watchlists. Degrain (DGRN) Is one of the most talked about cryptos One of the best investment opportunities in 2022 is Degrain ($DGRN). Degrain is building the first actual cross-chain NFT marketplace enabling users to trade and transact across various blockchains, as opposed to its competitors OpenSea and LooksRare, which only allow transactions on the Ethereum blockchain. Degrain is bucking the bear market by already having done a 300% price increase three weeks since its ongoing presale launched last July 7 with a token price of $0.01. As of this writing, its native token, DGRN, is now at $0.04, much to the delight of its early investors, who already tripled their initial investment in just two weeks. Presale phase one sold out weeks early and it looks like the same will happen for Phase Two. And it’s not too late to get in, either – DGRN is expected to do a 6,000% rise once all is said and done and its presale ends on September 30, 2022. With a certified and audited smart contract, liquidity locked for ten years, and no VC participation during its presale, it’s no wonder why Degrain is one of the most highly anticipated token presales of 2022. Here’s how to get into the ground floor of one of the year's most promising projects that wins our award for top investment in 2022. Website: https://degrain.io Presale: https://presale.degrain.io Telegram: https://t.me/degrainio Twitter: https://twitter.com/degrainio Disclaimer: This is a sponsored pressrelease andis for informational purposes only. It does not reflect the views of Crypto Daily, nor is it intended to be used as legal, tax, investment, or financial advice.
28 days agocryptodaily
Bitcoin.com sponsors new space-themed online casino BitSpinCasino
While online casinos continue to grow across the internet and cryptocurrencies are gaining ever more interest across the board, there is no telling what is on the up and what is not. Amongst the phenomenon of mushrooming online crypto casinos, the more discerning crypto enthusiast will find the launch of BitSpinCasino very much to their liking. With Bitcoin.com sponsoring the launch of a new online casino this may be the news of the year for casino gamers and crypto enthusiasts. BitSpinCasino also retains a 24/7 support team at [email protected] BitSpinCasino offers an arcade of games - inviting, entertaining and engaging - for the users under the trusted name of Bitcoin.com. They range from table games to action adventure slots. Wherever they are relevant - unbiased, incorruptible, and highly evolved Random Number Generator systems (RNGs) are employed. Once you have gotten the hang of it, Jackpot games and Live Table Games will keep you engaged and having fun for as long as you like. The most notable feature on BitSpinCasino may as well be Space Odyssey - a role-playing loyalty feature that lets you play an astronaut headed through outer space on a spaceship for galactic checkpoints and the time-honored tradition of Bitcoin’s moon landing missions. The casino also features choice game providers in the industry, like NetEnt, Playson, Play’n GO, BGaming, Pragmatic Play, isoftbet, and Evolution. This means that you can play all your favoritesincluding "Starburst", "Book of Dead", and even "Live Lightning Roulette" on BitSpinCasino. Only the most daring, discerning, and street-smart of the generation have tried their hand at crypto investments, let alone online gaming and online casinos. While cryptocurrency trading and financing offer snowballing value for money among other perks, online gaming and gambling bring the world to you so you can become a shark or even a whale. The aggregate limits offered by BitSpinCasino are just a cut above the rest. For this reason, high rollers can play bige with complete peace of mind that their money is secure. . The platform facilitates the use of all standard cards and bank transfers involving the routine fiat currencies (EUR, USD, CAD, AUD, NOK, RUB, PLN, NZD, JPY, etc.) as well as acclaimed cryptocurrencies (like BTC, ETH, BCH, DOGE, LTC, and USDT). You can deposit with credit cards, Interac, ecoPayz, Skrill, or Neteller. Processing is instant in most cases and the fees range from 0-2.5%. . For its launch, BitSpinCasino offers four Welcome Packages, and special promotions on Tuesdays and Fridays - but only for a limited time. ( i )The First Deposit Bonus on the launch offer gives you up to 130% deposit bonus on your first deposit and 300 Free Spins on the games offered. ( ii ) What's more - the Second Deposit Bonus and Third Deposit Bonus welcome offer packages provide you 80% deposit bonuses on your second and third deposits The welcome packages are perfect for beginners’ luck that may end up in a winning streak. ( iii ) High rollers are warned to fasten their seatbelts as the High Rollers Deposit Bonus welcome package includes up to a 130% deposit bonus along with 300 free spins. ( iv ) The Refuel Tuesdays offer gives a depositor a 50% extra deposit bonus on top-ups up to 300 USD or 0.5 BTC. The perks of being on a legit platform such as BitSpinCasino backed by the most trusted Bitcoin.com are aplenty and players should definitely give the brand new casino a try! Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.
34 days agocointelegraph
Bitcoin faces Mt. Gox 'black swan' as trustee prepares to unlock 150K BTC
The prospect of a rumored 150,000 BTC flooding the market gets real as Mt. Gox creditors choose how much money to receive in cash, Bitcoin and Bitcoin Cash.
38 days agocryptodaily
Crypto Weekly Roundup: Grayscale Sues SEC, BIS Softens Stance, Lazarus Behind Horizon Hack, Roger Ver Named In CoinFLEX Issues, FTX Closing On BlockFi, And More
The Horizon Bridge hack continues to be one of the leading news in the market right now. Blockchain analytics firm Elliptic has named the infamous North Korean hacker group Lazarus as the mastermind behind the hack. Plus the Harmony team has also announced a $1 million bounty for information about the exploit. Keep reading to find out more about the Horizon Bridge hack and other notable events that happened in the market this week. Bitcoin El Salvador’s President Nayib Bukele announced on Twitter that his country had bought a further 80 bitcoins at an average of $19,000 each. The current crypto bear market has greatly helped to diminish the energy footprint of cryptocurrencies that use the proof-of-work consensus. Former Coinbase board member Tom Loverro has given his prediction on how and when the market downturn will end and also advised investors on how to emerge stronger. Crypto asset management firm Grayscale has filed a legal complaint against the U.S. Securities and Exchanges Commission (SEC) for rejecting its spot Bitcoin ETF proposal. The Bank for International Settlements (BIS) might allow banks to hold up to 1% of their reserves in cryptocurrencies like Bitcoin. DeFi MakerDAO, the decentralized autonomous organization (DAO) behind the DAI stablecoin, is voting on how to allocate $500 million in treasury funds to navigate the ongoing bear market. Harmony Protocol has offered a $1 million bounty for a return of stolen funds and any information regarding the hack that attacked the Horizon Bridge. Lazarus Group - North Korea’s state sponsored hacker group is believed to be responsible for the theft of over $100 million in cryptocurrencies in the Horizon Bridge hack. Altcoins The FBI has added missing OneCoin founder Ruja Ignatova to its top ten most wanted fugitives list over charges of defrauding investors and absconding. Tether's CTO Paolo Ardoino has responded to reports that claimed that hedge funds have short bets on the USDT stablecoin. TIME Magazine has joined forces with the gaming company The Sandbox to introduce a virtual TIME Square into the metaverse. Web3 startup Dynamic has recently closed $7.5 million in seed investment in a funding round led by Andreesen Horowitz (a16z). Business Bitcoin Cash’s Roger Ver is the high net-worth (HNI) individual who owes CoinFLEX $47 million, leading to the withdrawal issues faced by the exchange. Failing crypto hedge fund Three Arrows Capital has finally fallen into liquidation. Teneo Restructuring has been brought in to facilitate the liquidation process. India’s crypto companies are relocating to Dubai and Singapore in search of a more favorable industry and supportive infrastructure. Binance has partnered up with popular TikTok content creator Khaby Lame to spread crypto awareness. Sam Bankman-Fried led FTX is reportedly closing in on a deal to purchase BlockFi in a deal being valued at around $25 million. The European Parliament and the Council Presidency have agreed upon the Markets in Crypto-Assets (MiCA) proposal, for stablecoin regulation and to provide clear rules for crypto issuers. NFT Meta (formerly Facebook) has begun rolling out Ethereum and Solana-based NFTs for select US-based creators on its flagship social network.
42 days agocointelegraph
No flexing for Bitcoin Cash users as BCH loses 98% against Bitcoin
Amid controversy surrounding major supporter Roger Ver, the Bitcoin hard fork plumbs new depths in BTC terms.
42 days agocryptodaily
Roger Ver Rumored To Be Individual That Owes CoinFLEX $47 Million
It has been revealed that Bitcoin Cash’s Roger Ver is the high net-worth (HNI) individual that owes CoinFLEX $47 million, leading to the withdrawal issues faced by the exchange and announcing plans to issue a recovery token to help raise funds to cover the $47 million deficit. Insider Reveals Identity of HNI The news came to light after Terra, and crypto Twitter community member FatManTerra suggested that it was Roger Ver who owed CoinFLEX $47 million. The user also added that CoinFLEX allowed Ver to run a deficit because he gave a personal guarantee that he would pay back the exchange. He stated that a verified insider confirmed the information, revealing, “A verified insider has confirmed that the “high net worth individual” who owes CoinFLEX money is Bitcoin Cash advocate & CoinFLEX shareholder Roger Ver. Ver had a long on BCH, and the platform allowed him to run a deficit because he personally guaranteed he would pay them back.” CoinFLEX CEO Confirms Ver As Counterparty After FatManTerra’s revelation about the counterparty in the entire CoinFLEX debacle, CEO Mark Lamb took to Twitter to confirm that it was indeed Roger Ver who owed CoinFLEX 47 million USDC. He further stated that CoinFLEX had a written contract with Ver, which obligates him to personally guarantee any negative equity on his CoinFLEX account. Lamb stated, “Roger Ver owes CoinFLEX $47 Million USDC. We have a written contract with him obligating him to personally guarantee any negative equity on his CoinFLEX account and top up margin regularly. He has been in default of this agreement, and we have served a notice of default.” “He is denying that the debt pertains to him, and so we felt the need to clarify to the public that yes - the debt is 100% related to his account. Roger Ver, a citizen of the European Union who we believe, has significant assets in the US, UK, and other relevant jurisdictions.” Roger Ver denies Rumors Shortly after Mark Lamb’s post on Twitter, Ver himself took to Twitter, denying the rumors that he had defaulted on any debt. In fact, he alleged that CoinFLEX owed him a substantial sum of money, which he was trying to recover. “Recently, some rumors have been spreading that I have defaulted on a debt to a counterparty. These rumors are false. Not only do I not have a debt to this counterparty, but this counterparty owes me a substantial sum of money, and I am currently seeking the return of my funds.” FatManTerra reached out to Ver, asking for clarification, but has not seen any response yet. The Developments So Far The entire fiasco began after CoinFLEX, which had been facing recent withdrawal issues, announced that it was issuing a recovery value USD (rvUSD) to address the aforementioned withdrawal problem. CoinFLEX revealed that the recovery token launch is the result of an outstanding debt owed to the exchange by a high-net-worth individual who was facing liquidity issues due to the recent crash that took place in the crypto markets. The exchange revealed it is expecting withdrawals to resume as early as 30th June, depending on the rvUSD issuance. Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.
42 days agocryptopotato
CoinFLEX CEO Accuses ‘Bitcoin Jesus’ Roger Ver Of Defaulting On $47 Million Debt
Roger Ver, the prominent Bitcoin Cash evangelist, is being accused by CoinFLEX of not paying his debts. Instead, he says the exchange owes him money.
61 day agocryptodaily
ChangeNOW Telegram Bot Streamlines Crypto Swaps
Telegram bots have become another milestone in the development of crypto services. Many platforms provide bots to add convenience and flexibility to their offers. How do bots work to exchange cryptocurrencies? Read further to find it out. What Is a Telegram Bot? Generally speaking, a Telegram bot is an application that is embedded in chats of this messenger and performs particular functions. Specifically, bots enable their users to get notifications, integrate with other services, receive payments, create custom tools, and do many other things. Some businesses have noted the convenience of this tool and use it to interact with customers. How Do Telegram Bots Work in the Crypto Industry? The crypto community is a melting pot of speculators and hodlers, ardent enthusiasts and bashful newbies – each of them having different purposes and intentions. A great variety of Telegram bots out there serves to satisfy various needs, enabling users to: Get trading signals and alerts Send trading commands Hold digital assets Learn news and latest updates about the crypto industry Exchange cryptocurrencies This is not a full list of things bots can do, but we will focus on the exchange function. Using the ChangeNOW bot as an example, we will show you how to swap cryptocurrencies in a few taps on any device. What Can ChangeNOW Bot Do? The bot under review has been developed by ChangeNOW, a non-custodial cryptocurrency exchange platform that facilitates limitless crypto-to-crypto and fiat-to-crypto swaps. Enjoying the choice of almost 400 assets, users can exchange coins free of registration with no hidden fees. ChangeNOW_officialbot helps users exchange cryptocurrencies. Once you start, the bot provides you with a list of available coins via a link to the website. You can select one of the offered popular cryptocurrencies: BTC, ETH, BCH, LTC, XMR, and ZEC. If you need another crypto not on this list, type the name or symbol of the cryptocurrency you are looking for. This bot is friendly and helpful, and if you misspell the coin, it offers the correct variant. The bot makes sure that you pick the correct cryptocurrency. That’s a useful feature because one can get lost in a great variety of crypto tickers. After you enter the amount to be exchanged, the bot asks you to provide a recipient's address. This is the address where you will receive the coins. For example, you want to exchange ETH for TRX, in which case you need to enter your TRX wallet address. The next step is to confirm the transaction details (a cryptocurrency pair, an amount, and a wallet address). If the entered address turns out to be invalid, the bot will let you know about it. So, you won't have to worry about your money going to outer space. If all details are correct, the bot will send you a deposit address for exchange, a transaction ID, and a link to track the transaction status. As in the example of ETH for TRX exchange, you need to send ETH from your ETH wallet to the specified deposit address, and after that you will receive the equivalent amount of TRX to your TRX wallet. As soon as the transaction status changes, the bot notifies you about it. Besides, you can track the process manually via the provided link. The number of exchange operations is unlimited. You can start a new exchange even if your current transaction is being processed. If you need support, you can ask the bot for it by clicking the relevant button. Final Thoughts Every company strives to ensure its services are easy, fast, and convenient. Telegram bots are considered to be an efficient tool to reach this goal. Configured to anticipate users’ needs, bots enhance customer interaction. This effect is conveyed in the crypto industry, with bots being widely-used assistants for various purposes. It has been proven through the review of the ChangeNOW Telegram bot that crypto swaps can be completed with just a few taps. It navigates users throughout the whole process: from choosing coins to updating on the transaction status. This results in happy users who get their crypto assets exchanged in a matter of minutes. Easy, fast, with no limits. Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.
72 days agocryptodaily
Leading The DeFi Charge
Decentralized finance (DeFi) is the new buzzword changing the landscape of the current financial system, laying the groundwork for the future of banking. Although DeFi services began back in 2015, the space took off in the summer of 2020 with the launch of the Compound protocol. As a result, the industry, which was only worth $700 million in December 2019, skyrocketed to more than $200 billion by 2021. Currently, the total value locked in DeFi stands at around $143 Billion. While Compound is often credited with sparking the revolution, other applications like Aave and UniSwap have also played essential roles in shaping the market. Even decentralized exchanges (DEXs), a key component of DeFi, saw trade volumes increase by over 8,000% in Q1 2021 compared to the same period in 2020. Curve Finance and Uniswap, mainly, have been the two largest DEXs in trading volume and TVL to bring real innovation. Furthermore, DeFi derivatives like futures, options, and perpetual markets have influenced DeFi. Even stablecoins, for that matter, have been at the forefront of DeFi, serving as a link between the developing digital economy and traditional finance. All these have added to DeFi's significant progress in the crypto space. While these are some factors that have shaped DeFi, most of its success has been attributed to critical events throughout the years. The Journey to Become the Most Significant Industry DeFi's success can be attributed to the protocols that have brought genuine innovations within the space. If DeFi is worth $200 billion now, it is only because of the incredible dApps built to solve real-world problems. However, few notable events have been pivotal for the DeFi space. The first was the launch of UniSwap DEX, which quickly became the go-to solution for all things DeFi. It was a game-changer for the industry, generating 100 billion in transactions and leading DEX growth in the space. The second event was the launch of Yearn Finance. Yearn created a simple interface for aspiring "DeFi-ers" to interact with DeFi products while introducing the notion of "fair launches" to the industry. Finally, the third critical event was the launch of SushiSwap DEX as a competitor to UniSwap and its involvement in the centralized venture capitalist market. These DeFi protocols inspired what is now known as DeFi. And now, the sector has progressed to the point where it is significant for the entire crypto space. The purpose of DeFi is to build a trustless and permissionless financial market. Considerable work and investment have gone into the evolution of DeFi, and financial advisers must understand this space. However, much of the DeFi technology builds and improves the traditional financial system with better innovative solutions for users. Sailing the DeFi Boat Securely DeFi has been a significant movement, changing how people transact in everyday lives. Transacting with crypto will become more and more of a norm in the coming years, and people will want to spend their crypto quickly and seamlessly. Moreover, with crypto going mainstream, more users are looking to enter DeFi. And with these upcoming needs, people want to securely hold their crypto and use it in their daily lives. Products like Ledger Nano provide users with the most secure way to store their digital assets, but it can be tedious to incorporate it into everyday life to transact. This is where innovative fintechs like Baanx are creating solutions that allow users to use and interact with their crypto in everyday life. For example, Baanx has created the CL card powered by Ledger to allow users to spend their crypto securely from the Ledger Nano wallet. Users will be able to instantly, securely, and without fees top up and manage their crypto debit card through the Ledger Live app from their Ledger Nano hardware wallet. It allows users to convert their crypto to fiat instantly at the time of purchase. In addition, it accepts a variety of cryptocurrencies for seamless and flexible payments, including BTC, ETH, USDT, EURT, USDC, XRP, BXX, BCH, and LTC. While firms like Ledger are laying the groundwork for DeFi security, fintech like Baanx is leading the DeFi charge. The Future of DeFi DeFi is still in its early stages. To truly compete with traditional financing, it needs to provide the same security and accessibility as conventional systems. With the pace at which DeFi is growing, companies with experience in traditional systems such as Baanx can identify and improve upon the issues faced with both traditional and decentralized finance. Traditional finance will soon become obsolete, with DeFi emerging as the future financial paradigm. Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice
76 days agonulltx
RACA’s Play-to-Earn Game Metamon World Records Over 1.46 Billion Cumulative Battles and Is One of the Biggest on BNBChain
RACA’s play-to-earn game Metamon World continues to grow despite the 2022 setback in the value of the cryptocurrency market, which, according to data from Coinmarketcap, has lost more than $1 trillion in value since the start of the year. However, in the same period, Metamon World has continued strong with more than 1.46 billion cumulative […] The post RACA’s Play-to-Earn Game Metamon World Records Over 1.46 Billion Cumulative Battles and Is One of the Biggest on BNBChain appeared first on NullTX.
86 days agonulltx
BSC’s Biggest Whales Are Buying RACA, Which Rises 9% After Announcement of Kaylin Whitney as New Member of USM Metaverse
The top 100 whales on BNBChain (formerly BSC) are trading RACA massively, as shown by data from WhaleStats. The data revealed that $RACA is among the top 10 most traded cryptocurrencies by whales on BNB Chain. According to data from the site, whales are buying an average of 3,253,417 $RACA per transaction. In addition, there […] The post BSC’s Biggest Whales Are Buying RACA, Which Rises 9% After Announcement of Kaylin Whitney as New Member of USM Metaverse appeared first on NullTX.
89 days agocryptodaily
CryptoDaily’s Tech Roundup with Adreynn Ashley
I'm Adryenn Ashley for CryptoDaily and here are this week’s top 5 tech announcements in the crypto space for this week. Ledger and OnChainMonkey launch The first NFT-branded Nano X hardware wallet to provide industry leading asset security in the palm of your hand OnChainMonkey and LEDGER have come together to collaborate on a special Nano X edition hardware wallet. With this collaboration, LEDGER and OnChainMonkey are bringing the world's leading hardware wallet together with the historic on-chain non-fungible token (NFT) collection aimed at real world impact. Created by Metagood, OnChainMonkey is the first NFT profile picture (pfp) collection created on-chain in a single transaction. OnChainMonkey was free mint on Sept 11, 2021 of 10K NFTs and has consistently been the most profitable NFT collection measured by percent of trades that are profitable, ranking above all other major NFT projects. Recognized this week on Fast Company’s 2022 World Changing Ideas Awards for Social Impact NFTs, Metagood is a for-profit company that strives to build a better future for Web3 while doing good along the way. Through their first NFT project OnChainMonkey, Metagood has simultaneously created value for its community members and contributed to several important causes including funding the successful evacuation of Sharbat Gula (known as “Afghan Girl” from National Geographic) and her family to Italy after she was targeted for being a Western icon, donations to Coral Vita to repair reefs in the Atlantic Ocean, and funds raised to help people impacted by the typhoons in the Philippines. CEO Danny Yang said “The collaboration with Ledger allows Metagood to provide the best security for its community, While the NFT world moves at light speed, we have made it a mandate to support the OnChainMonkey community in protecting their assets so they have peace of mind.” The OnChainMonkey LEDGER Nano X Hardware wallet is available now at Ledger.com Gucci Begins Accepting Cryptocurrency Iconic fashion brand Gucci is beginning to accept cryptocurrency in some of its U.S. locations with more to come, including Beverly Hills and New York City. In-store payments will be made so that customers can securely scan with their crypto wallet. The stores will accept various digital currencies, including Bitcoin, Bitcoin Cash, Ethereum, Litecoin, Dogecoin, and Shiba Inu. Other brands have already begun accepting crypto. Dolce & Gabbana, Adidas, Nike, and Vans. Get an NFT with your Starbucks Would you like an NFT with your latte? Starbucks has said that NFTs will help extend its brand’s concept of the “third place” — meaning a place between home and work where people can feel a sense of belonging over coffee. The Starbuck’s NFT collection will serve as the backbone to build out their future collections and collaborations in the web3 community NFT’s in the Music Business Timbaland has announced the creation of Ape-In Productions A new entertainment company and platform that develops music and animation for metaverse applications. Ape-In will work with several Bored Ape Yacht Club NFT owners and other collaborators. On This same day record label Universal Music Group announced plans to create a virtual metaverse band. Elon Musk and Jack Dorsey partner up to mine Bitcoin. While the two billionaires had previously clashed over crypto, it looks like Elon Musk and Jack Dorsey are putting the past behind them. Tesla is going to provide solar technology for a Bitcoin mining operation by Block and crypto tech company Blockstream. The $12 million Texas mining facility is an opportunity for the crypto influencers to show the world that proof-of-work mining can be a sustainable venture. Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.
91 day agocointelegraph
Bitcoin price reclaims $30K as Bitcoin Cash hits fresh record low against BTC
Bitcoin SV joins the hard fork in posting dismal price performance as the dust settles on the Terra UST debacle.
91 day agocryptopotato
AMC CEO Reveals the Total of Crypto Payments Made in Q1
Digital assets like Bitcoin, Ether, Bitcoin Cash, Litecoin, Dogecoin, and Shiba Inu formed about 35% of AMC's online payments during Q1 2022.
94 days agocryptopotato
Bit.com Cryptocurrency Exchange: The Complete Guide & Review
Bit.com brings forward a full-suite cryptocurrency exchange that’s powered by Matrixport. The latter is an integrated financial services company that’s headquartered in Singapore. Launched in 2020, the exchange already supports a myriad of features such as perpetual contracts, futures contracts, as well as options products on BTC, ETH, and BCH, where the specific highlight is […]
94 days agonulltx
Buy the Dip: BSC’s 100 Biggest Whales Pump $RACA Trades and Buy Over 1,263,510 $RACA on Average
Whales, the big investors in the cryptocurrency market, are taking advantage of the broad correction that has hit the entire crypto ecosystem and buying $RACA. According to data from WhaleStats, RACA was among the most traded tokens by the 100 largest whales on the BNBChain in the last 24 hours. Whales’ appetites have helped drive […] The post Buy the Dip: BSC’s 100 Biggest Whales Pump $RACA Trades and Buy Over 1,263,510 $RACA on Average appeared first on NullTX.
96 days agocryptodaily
The Main Security Challenges Standing in the Way of Crypto Payment Gateways
As more and more companies, from small online stores to the world's largest service providers, accept cryptocurrency as a payment instrument, the issue of the security of crypto payments becomes more acute. Processing services that provide such transactions face a huge layer of problems related to the security of crypto payments. Some of these problems are common to fintech services, but several issues are unique, as they relate to the architecture of decentralized currencies and the payment infrastructure serving them. We talked to the developers of ALFAcoins, one of the most popular crypto processing services working with thousands of merchants around the world and helping to integrate payments into Bitcoin, Litecoin, Ethereum, Bitcoin Cash, Dash and XRP. They told us what risks crypto-processing services face and how to make crypto payments safe and reliable. - Vulnerable software. The basis of a cryptoprocessing service is its software. The processing service serves as an interface between the seller's website and the buyer's crypto wallet, which allows transactions to be processed in various coins. Even the slightest flaw can lead to a vulnerability that cybercriminals won’t fail to take advantage of. Therefore, when choosing a cryptoprocessing service, merchants need to make sure that the installed software has passed an independent audit from a third-party cybersecurity company. - Phishing attacks. The most common and successful type of attack on users exploits the vulnerability not of software, but of a person – indeed, his credulity. Cybercriminals have long chosen cryptocurrencies, which, due to their decentralized architecture, allow them to avoid blocking and returning funds to the rightful owner. It’s not the first year that crypto users have become victims of malware that simply replaces the recipient's address with the hackers' wallet address. After the transaction is confirmed, the coins are sent not to the addressee, but to the hacker. In most cases, the user has to put up with the loss, because he himself made the transfer without making sure in advance that the recipient's address was not changed. Vigilance helps to resist phishing attacks; the user shouldn’t click on unfamiliar links and install software originating from non-official app stores. - A crack in the merchant's account. An attacker can contact a merchant connected to a processing service and impersonate customer support. As noted by the crypto processing serviceALFAcoins, sometimes scammers specifically distribute a fake phone number for technical support to social networks and forums, posing as an employee of this company. Overly trusting users call the specified phone number and are persuaded to hand over access to their account. Two-factor authentication will help protect the merchant's account from theft, even if the login and password are compromised. - Introduction of malware into the processing solution’s software. Indeed, there have already been such cases; in 2018, the Copay crypto wallet, developed by the BitPay processing service, was compromised by a hacker who uploaded a malicious script to steal users' private keys and place them in a third-party JavaScript library used by the application. Protection against this type of fraud should be handled by the companies themselves, by the developers of processing solutions, because their reputation and customer trust are at stake. - Toxic bitcoins. The fight against money laundering through cryptocurrencies has become a new trend in the crypto world in 2022. Coins that pass through wallets associated with criminal activities and terrorist organizations can become a headache for the merchant who accepted them into his wallet as payment for his goods or services. Moreover, it spells trouble for the processing service that helped to carry out this transaction, even if their actions were not related to illegal activities. This is a unique problem, characteristic of cryptocurrencies, because you may track the movement of a coin across the blockchain from its mint to the last owner. Crypto processors have to implement tools that allow one to analyze the ‘purity’ of coins. Without these tools, they risk being involved in lengthy court proceedings and investigations, which will negatively affect their reputation. - Fake websites. This is a simple, cheap, but still very effective way to steal coins from users. If you type the name of a popular crypto service into any search engine, you may be surprised to find that the first advertising lines of the search results are occupied not by official websites at all, but by copycat sites. Outwardly, they completely repeat the design of official websites, with the goal of deceiving the user and forcing him to enter his username and password or download an application that already has a script intent on stealing coins. The developers of ALFAcoins emphasize “the more popular the service, the more fraudulent copycat sites it has”. Sometimes, companies themselves have to track the appearance of such sites, which seek to protect their users from scammers. - Storing received coins on a hot wallet. No matter how reliable the wallet of the processing service is, merchants need to make it a rule not to store large amounts of coins on it. Once a week or once a month, you should withdraw coins to a third-party cold wallet. This will help to avoid large losses even in the case of a successful hacking, no matter whose fault it is. ALFAcoins is a modern, secure, and multifunctional payment system for cryptocurrencies. Available since 2013, now it’s launching a new version with an upgraded payment system and a personal wallet. Through its use, merchants worldwide can accept and send cryptocurrency payments in an easier, faster, and cheaper way. The advantages of accepting cryptocurrency payments are obvious. Everyone can exchange them in no time from one point on the planet to another. Forget about high fees, technical issues and fiat restrictions in most of the world. Additionally, over 100 million crypto-users are looking for places where they can spend their coins. With the new ALFAcoins, issues like volatility, security, and difficulty disappear from this process, leaving behind just the benefits. The platform calculates convenient and real-time rates for all the involved parties and offers useful statistics for merchants. It also provides different ways for payment integration on websites and the best security with cold storage and 2FA. Key Features: Increase your amount of customers and sales — accept Bitcoin, Litecoin, Ethereum, Bitcoin Cash, Dash, and XRP; Simple integration via API, a payment button and a shopping cart plugin; A very low fee (0.99%); No volatility risks (the exchange rate is fixed for 15 minutes after the invoice has been generated); Automatically pay your clients or employees (e.g., salaries, bonuses) in cryptocurrency; Automatically make transfers to your own wallet without additional fees; Access enhanced statistics with income, revenue, sales dynamics, and payments lists. ALFAcoins provides a complete service for merchants who wish to accept cryptocurrency payments. Now, it offers a highly secure personal wallet. This way, it’s helping to include everyone in the new era of cryptocurrency payments. Disclaimer: This is a sponsored press release, and is for informational purposes only. It does not reflect the views of Crypto Daily, nor is it intended to be used as legal, tax, investment, or financial advice
97 days agonulltx
Whales’ Large Purchases of RadioCaca (RACA) Help Token Rise 10%, Outperforming STEPN, Bitcoin, Dogecoin, and Ethereum
The biggest whales on BNBChain are out shopping, buying massive quantities of RadioCaca’s RACA cryptocurrency. According to data from WhaleStats, RACA has entered the TOP 10 most purchased cryptocurrencies by BNB whales in the last 24 hours. JUST IN: $RACA @RadioCacaNFT now on top 10 by trading volume among 500 biggest #BSC whales in the […] The post Whales’ Large Purchases of RadioCaca (RACA) Help Token Rise 10%, Outperforming STEPN, Bitcoin, Dogecoin, and Ethereum appeared first on NullTX.
100 days agocryptopotato
Wikipedia Stops Accepting BTC, ETH, BCH Donations After 8 Years
This comes in the wake of the Wikimedia community disfavoring crypto donations, arguing it may be harming the organization’s image.
101 day agozycrypto
Why Roger Ver Believes Dogecoin Could Oust Bitcoin To Become The World’s Dominant Crypto
Throughout his life, Roger Ver has been widely known for championing only two cryptocurrencies: Bitcoin and Bitcoin Cash. His ardent support for crypto in the early days even earned him the moniker “Bitcoin Jesus”.
108 days agonulltx
Big Whales, Cryptocurrency Millionaires, Are Accumulating Radio Caca (RACA) and Raising Project Volume
BNBChain’s top 100 whales are taking advantage of cryptocurrency price swings and massively accumulating Radio Caca (RACA) cryptocurrency, according to WhaleStats data.  According to the site, RACA is the third most purchased token on BNB Chain by whales, the largest wallets in the market, surpassing STEPN and MBOX. With the help of these purchases, RACA’s […] The post Big Whales, Cryptocurrency Millionaires, Are Accumulating Radio Caca (RACA) and Raising Project Volume appeared first on NullTX.

About Bitcoin Cash

The live price of Bitcoin Cash (BCH) today is 140.793 USD, and with the current circulating supply of Bitcoin Cash at 19,141,493.75 BCH, its market capitalization stands at 2,694,991,528 USD. In the last 24 hours BCH price has moved -8.9481 USD or -0.06% while 63,791,956 USD worth of BCH has been traded on various exchanges. The current valuation of BCH puts it at #31 in cryptocurrency rankings based on market capitalization.

Learn more about the Bitcoin Cash blockchain network and how it works or follow the price of its native cryptocurrency BCH and the broader market with our unique COIN360 cryptocurrency heatmap.

Although Bitcoin is widely perceived as the gold standard of the crypto industry, it has been criticized for technical shortcomings as the space has continued to grow. One of its major challenges has been its scalability, mostly given its hard-coded 1 MB block size. This means as the Bitcoin network grows, it also becomes a lot more congested and consequently expensive to transact on.

The discussion around this problem began as early as in 2010, as one of the solutions proposed was to increase Bitcoin's block size but there were those who did not support such a change. Tensions, however, peaked in mid-2017 when proponents of bigger blocks, hard forked Bitcoin to create Bitcoin Cash (BCH), with an 8 MB block limit. This was later increased to 32 MB in 2018.

Bitcoin Cash’s main aim is to realize Bitcoin’s original purpose of serving as a cheap ‘peer-to-peer electronic cash system’. It is supposedly dedicated toward this objective, and is open to increasing block sizes and transaction throughputs, whenever necessary and feasible. Unlike Bitcoin, Bitcoin Cash focuses more on becoming a medium of value exchange, rather than being optimized for secure value storage. BCH, the native coin of Bitcoin Cash works just like BTC, meaning it is p2p and can be paid by one person to another, without any censorship or intermediary.

BCH price

According to our BCH live price chart, BCH coin traded within the range of $200 to $700 from the time of its launch in July 2017 till November that year, when boosted by a bullish market, it registered noteworthy gains and peaked at an all-time high of $3,785 on Dec 20, 2017. BCH’s fully diluted valuation was over $79 billion at that point. A corrective phase followed and BCH price retraced to around $640 by April 10, 2018. It rose briefly a month later to breach $1,000, but gave into bearish pressure and continued falling — ending 2018 at $160.

While BCH coin regained some of its lost ground thereafter, it couldn’t break out of $500 resistance, for over 2 years. Its next big surge started around January 2021, when buoyed up by improved market conditions, it rallied on to reach $1,650 on May 12, 2021. However, a bearish phase followed again, returning the BCH price to under $500 territory by year-end. In 2022, BCH coin tested even lower support levels and fell further to under $200 by Q2, 2022.

How BCH works

Bitcoin Cash works a lot like Bitcoin. Both the blockchain networks have a maximum supply of 21 million coins and employ Proof of Work (PoW) consensus mechanism for the verification and processing of transactions. Network participants called ‘miners’ use special computing equipment to compete against each other, to discover and add new blocks to the Bitcoin Cash blockchain. These miners use the SHA-256 hashing algorithm, same as the one used in Bitcoin.  

One of the biggest differences between Bitcoin Cash and Bitcoin is how the difficulty level is adjusted for mining new blocks. While in Bitcoin's case, this adjustment is made after every 2016 mined blocks, Bitcoin Cash adjusts its difficulty level every 10 minutes, to provide a more updated insight into its computing power requirement. 

BCH holders can send and receive coins with the help of a unique public key associated with their respective digital wallets. As its average transfer fee is as low as $0.01, with almost-instant settlements, BCH is actively used for micro-transactions, peer-to-peer payments, everyday transactions, international remittances and cross-border trade payments. The coin is also commonly used as a value storage medium.

BCH news, updates and highlights

The year 2020 saw multiple positive developments for BCH, including the launch of the Tether (USDT) stablecoin on the Bitcoin Cash network in March 2020. The largest stablecoin in the world by market cap, USDT, was implemented on the Bitcoin Cash chain, using the SLP (Simple Ledger Protocol) token standard. SLP standard is to Bitcoin Cash what ERC-20 is to Ethereum. As a result, people could now transact USDT coins on the Bitcoin Cash blockchain, apart from other popular networks like Tron, Ethereum, Omni, Liquid Network, EOS and Algorand.

In more recent BCH news, the Bitcoin Cash network underwent a major upgrade on May 15, 2021, resulting in a variety of changes to the blockchain, including enabling of multiple OP_RETURNS, removal of unconfirmed transaction limit, making new mining block default limit size as 8 MB, inclusion on Cash Improvement Proposals (CHIPs) and implementation of double-spend proofs.

Frequently asked questions about BCH

  • Can you mine or stake Bitcoin Cash?
    As Bitcoin Cash uses a Proof of Work consensus algorithm, you can participate in its mining network and mine new BCH coins.

  • What are some of the best BCH wallets?
    Bitcoin Cash's official website recommends various crypto wallets for BCH storage, including BitPay, Melis Wallet, Pokket, Trezor and Ledger.

  • What can you do with Bitcoin Cash?
    You can use BCH as a value storage medium or for making peer-to-peer payments to others. Many people also trade it against other cryptocurrencies on established exchanges.

  • How can you buy BCH?
    The best way to buy BCH is through trading pairs like BCH/USDT, BCH/BTC, BCH/XRP, etc on well-known cryptocurrency exchanges.

Bitcoin Cash Price140.793 USD
Market Rank#31
Market Cap2,694,991,528 USD
24h Volume72,152,994 USD
Circulating Supply19,141,493.75 BCH
Max Supply21,000,000 BCH
Yesterday's Market Cap2,580,746,000 USD
Yesterday's Open / Close143.779 USD / 134.831 USD
Yesterday's High / Low144.344 USD / 133.606 USD
Yesterday's Change
-0.06% ( 8.9481 USD )
Yesterday's Volume63,791,956 USD
Mining Info
Hashing algorithmSHA-256
Pools (known)25
Pools Hashrate648.90 PH/s
Network Hashrate1.35 EH/s
By MiningPoolStats
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