Sam Bourgi on September 11th, 2017.
Bitcoin cash (BCH) rose on Monday, as the crypto community regained its senses following China’s ban on initial coin offerings. The forked BCH cryptocurrency has struggled to gain momentum after a roller coaster first week of trading back in early August. BCH: Stuck in a Range Bitcoin cash appears to have settled after a fresh...
Sam Bourgi on August 31st, 2017.
Bitcoin edged higher on Thursday, as investors set their sights on a new milestone amid conflicting signals in the broader cryptocurrency market. Bitcoin Hovers Near Record Territory The value of bitcoin (BTC/USD) climbed 1% to $4,624.00 Thursday morning, pushing its market cap to roughly $73 billion. The BTC has broken out of a trading...
Sam Bourgi on August 24th, 2017.
Litecoin (LTC) spiked above $50.00 on Thursday, as demand for Bitcoin Cash (BCH) cooled amid growing concerns that it is heading for another crash. According to Bitcoin analyst Tuur Demeester, the next BCH selloff will likely push Litecoin prices sharply higher. The Bitcoin Hedge? Demeester refers to Litecoin as the “real Bitcoin...
Sam Bourgi on August 21st, 2017.
The Bitcoin Cash (BCH) offshoot soared to new records over the weekend, as higher trade volume and a boost in mining profitability drove gains. However, prices have since come crashing down amid a broad pullback in the newly forged cryptocurrency. BCH Approached $1,000 Over the Weekend Bitcoin Cash jumped 44% to $996.92 on Saturday,...
Sam Bourgi on August 14th, 2017.
Bitcoin’s relentless surge continued over the weekend, with prices crossing $4,000.00 for the first time since the cryptocurrency was introduced back in 2009. BTC/USD: On to a New Milestone The BTC/USD exchange rate reached a high of $4,190 for a new all-time record, according to Bitstamp. After a brief pause, Bitcoin’s...
Sam Bourgi on August 8th, 2017.
Bitcoin’s value jumped to a new record on Tuesday, a clear indication that the bull market was back in vogue following a month of turmoil. $3,000 & Beyond The virtual currency (BTC/USD) rose 2.4% to $3,468.00 in overnight trading, according to Bitstamp. Before the weekend, the BTC/USD had crossed the $3,000 mark only once. At...
Joseph Young on August 6th, 2017.
On August 1, Bitcoin Cash (BCH), a hard fork proposal led by Chinese bitcoin mining pool ViaBTC, was forked and hours later, ViaBTC mined the first BCH block. BCH, which was initially developed by a bitcoin mining equipment manufacturer, struggled to gain acceptance from the industry, exchanges and businesses. As a result, its market cap...
Sam Bourgi on August 4th, 2017.
The price of Bitcoin Cash is fluctuating wildly just days after it was minted – a trend expected to continue as bitcoin users face difficulty accessing their BCH deposits. Early-Stage Volatility BCH price discovery was off to a rocky start on Tuesday, with volatility extending throughout the week. Values peaked at $756.93 on...