Bitcoin Cash BCH Sparks Light Of Hope, Can It Rally To $200 Resistance?
The price of Bitcoin Cash (BCH) has sparked a glimpse of hope against Tether (USDT) as it attempts to flip key resistance with eyes set on $200. The price of Bitcoin Cash in recent weeks has been more gloomy as many altcoins rallied and produced gains of double digits while BCH continues to range. (Data from Binance) Related Reading: TA: Ethereum Could Recover To $1,800 If It Clears This Key Resistance Bitcoin Cash (BCH) Price Analysis On The Weekly Chart From the chart, the price of BCH saw a weekly low of $112, which bounced from that area and rallied to a price of $130 after showing....
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Many investors picked interest in Bitcoin, believing it could be a hedge against inflation. According to an analyst at D.A Davidson, Chris Brendler, BTC could become a hedge because it is decentralized and not a product of a central bank. These opinions and expectations led many people to accumulate large quantities of BTC coins. But the recent price fluctuations and speculations in the market are seemingly overpowering BTC’s underlying value. Now that inflation is causing havoc in economies, many investors are disappointed that Bitcoin couldn’t serve as a hedge as expected.....
The latest rally leaves bitcoin up 80% year to date, an enviable performance that's bound to inspire the fear of missing out among some investors.
Bitcoin has recently seen a massive rally for the past two weekends, giving rise to an increase in trading volume. Following a long period of low prices in the market. The recent rally has reignited a number of things in the market. Now including the trading volume, as volumes bounce back to levels before the […]
John Light is the co-founder of PawnCoin, an innovative way for bitcoin users to unlock the value of their bitcoins. He has been making the rounds with investors, pitching his business in front of an audience at the recent Plug and Play EXPO where 10 other bitcoin-related startups also were seeking funds. Light spoke to us about his startup, how it will operate with the risks of volatility and why Buttonwood has become less of an open air cryptocurrency market and more of a social gathering. CoinDesk: Tell us about PawnCoin. John Light: We are going to be offering customers a cash advance....
Image source: Facebook. The parishioners over at the Church of St. Paul's Ashgrove in Brisbane, Australia may no longer need a physical collection plate during service, because the church is now accepting bitcoin donations - in a move that sets out bitcoin can be used for good. Reverend Tiffany Sparks says they've already started accepting bitcoin donations as of New Year's Eve, but hints that they haven't quite been popular, given that the amount of individuals in Brisbane as a whole with bitcoin is rather minimal. Still, Rev. Sparks insists that the acceptance of the bitcoin is mostly....