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Bitcoin Cash hits new low vs. Bitcoin as Draper deletes Twitter praise

Altcoin Bitcoin Cash (BCH) is plumbing new lows against Bitcoin (BTC) after crashing through fresh support.Data from price tickers including Cointelegraph Markets and CoinMarketCap confirm that BCH/BTC is now at its worst levels in Bitcoin Cash’s three-year history.BCH/BTC in “downward price discovery”At press time, 1 BCH bought just 0.022 BTC, 92.2% less than at its peak of 0.285 BTC in December 2017.BCH launched as an off-shoot from BTC in August the same year,...

BTC, ETH, XRP, BCH, ADA, BSV, BNB, LTC, CRO, LINK

The Nasdaq has regularly been making new highs for the past few days, which has resulted in a strong rally in a few technology companies. Along with this, a few stocks in the S&P 500 are also on a tear, pushing their valuations to astronomical levels.While the U.S. equity markets are on a strong footing, gold is not to be left behind. It has also risen to a nine-year high, which shows that...

Turkish Real Estate Firm Antalya Homes Now Supports Bitcoin Payments

Turkish real estate firm Antalya Homes announced that its customers can now pay for properties listed on its platform with Bitcoin (BTC).According to a June 15 announcement, Antalya Homes claims to have recorded the highest-valued real estate sale ever made while using Bitcoin as a payment in Turkey.Per the company, the coronavirus pandemic forced the real estate industry to innovate. More precisely, Antalya Homes reacted by offering virtual home tours and adding support...

Someone Was Propping Up the Bitcoin Cash Hashrate at a Loss in April

Since it was first launched back in August 2017, Bitcoin Cash (BCH) has failed to make an impact in terms of metrics like price and trading volume. Having said that, the altcoin, whose roots can be found in the epic Bitcoin (BTC) scaling debate of the mid-2010’s, still has its hardcore supporters. And new research shows these supporters are willing to mine BCH even when it would be more profitable to mine on...

BTC, ETH, XRP, BCH, BSV, LTC, EOS, BNB, XTZ, LINK

Famed investor Mike Novogratz believes that additional crypto adoption and more drastic central bank actions will benefit Bitcoin. The Galaxy Digital CEO said that hedge funds and high-net worth individuals have been buying Bitcoin (BTC). However, Novogratz expects the U.S. equity markets to go down, hence, he “got short Friday for the first time in a while -- both stocks and credit.”Several analysts have suggested that the current crisis is likely to...

Bitcoin (BTC), DASH, BSV, BCH, CRO

The world is in a state of panic due to the coronavirus pandemic. People are fighting over toilet paper, which shows the extent of nervousness. At such a time, even investors are likely to show irrational behaviors.The governments are attempting to calm the markets by supplying enough liquidity, which is likely to run into trillions of dollars. However, even after that, the world economy might slip into a global recession.The head of...

Tether Launches on Bitcoin Cash Network

The world's biggest stablecoin has launched on the Bitcoin Cash network.Tether (USDT) has seen a surge of interest in recent weeks due to the global flight to safe havens and now has a market cap greater than $5.7 billion. More than $180 million was minted in recent days, preceding Bitcoin’s remarkable price spike in the past 24 hours.USDT will now be available on the Bitcoin Cash network. It is also available on...

Bitcoin Cash Meetups Go Virtual in Japan to Prevent Coronavirus Spread

Japan’s crypto community has found a way for those seeking to avoid crowded places to still participate in meetups across the country. According to sources available to Cointelegraph, Bitcoin Cash (BCH) meetup groups in Osaka and Tokyo will be allowing members to virtually chime in at regularly scheduled events.Though Japan has less than 1000 reported cases of infection, companies and organizers in the birthplace of crypto are starting to offer more suggestive language...

French Court Moves the BTC Chess Piece — How Will Regulators Respond?

The Commercial Court of Nanterre’s Feb. 26 ruling that Bitcoin (BTC) is a fungible, intangible asset sent some ripples through the French crypto community, and beyond. This may seem surprising, given that this was a lower court decision and, moreover, one that did not declare BTC a currency or fiat money — as some news stories reported — but just a fungible asset like money. The ruling is “an important milestone for further...

BTC, ETH, XRP, BCH, BSV, LTC, EOS, BNB, XTZ, LINK

Crude oil prices plunged about 30% on Monday to the lowest levels seen since Feb. 2016. This triggered a sell-off in global equity markets, which were already reeling under the pressure of a likely global slowdown due to the coronavirus outbreak. At its lowest level, the crude oil traders were nursing losses of about 55% year-to-date. Similarly, the US markets have plummeted about 15% year-to-date.Although Bitcoin (BTC) has dropped about 26% from...
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