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Bitcoin Cash

Bitcoin Cash is a peer-to-peer electronic cash system that aims to become sound global money with fast payments, micro fees, privacy, and high transaction capacity. In the same way that physical money, such as a dollar bill, is handed directly to the person being paid, Bitcoin Cash payments are sent directly from one person to another. As a decentralized cryptocurrency, Bitcoin Cash requires no trusted third parties and no central bank.

Bitcoin Cash was created in August 2017 as a hard fork of Bitcoin. A hard fork is a software modification that splits a single cryptocurrency into two.

Bitcoin Cash is a peer-to-peer electronic cash system that aims to become sound global money with fast payments, micro fees, privacy, and high transaction capacity. As a decentralized cryptocurrency, Bitcoin Cash requires no trusted third parties and no central bank. 

Unlike Bitcoin, Bitcoin Cash believes becoming a medium of exchange is a more effective way to become adopted as a form of money, rather than prioritizing status as a store of value.

Similar to Bitcoin, Bitcoin Cash has a hard supply cap of 21 million. 

Bitcoin Cash is more progressive and adaptive to technology upgrades than its more conservative counterpart, Bitcoin. Bitcoin Cash implements upgrades on a bi-annual basis.

Slippage, or price changes during execution of a trade, in the BCH market surged last week, signaling weak liquidity.

Bitcoin Cash's Mt. Gox-Led Sell-Off Is Amplified by Poor Liquidity

Bitcoin

Peter Chung, an analyst of Presto Research, has examined the intensity of the selloff that ostensibly will be caused by the repayment of Mt Gox creditors, set to flood the market with close to 142,000 BTC between July and October.

Analyst: Mt Gox Repayment Event Will Cause 4x the Selling Pressure for BCH Compared to BTC

A trustee of defunct crypto exchange Mt. Gox says that some of its creditors have received compensation in the form of digital assets. In a new statement, Mt. Gox trustee Nobuaki Kobayashi says that some Mt.

Mt. Gox Trustee Says Some Creditors Have Received Compensation in Bitcoin and Bitcoin Cash, Urges Others To Wait

The trustee said that the repayments were made through a part of the designated crypto exchanges based on the rehabilitation plan.

Mt Gox starts making repayments in bitcoin and bitcoin cash: trustee

The defunct crypto exchange was once the world's top crypto exchange, handling over 70% of all bitcoin (BTC) transactions in its early years.

Mt. Gox Begins Repayments in Bitcoin and Bitcoin Cash

Selling pressure from Bitcoin Cash (BCH) and lack of liquidity is the story to watch once Mt. Gox begins redemptions, writes Presto Research.

Mt. Gox Doomsday Scenario Involves Bitcoin Cash, Not Bitcoin: Analyst

The defunct crypto exchange is supposed to return over 140,000 bitcoin to victims of the 2014 hack.

Mt. Gox to Begin Bitcoin, Bitcoin Cash Repayments in July

Mt. Gox is set to begin distributing bitcoin and bitcoin cash repayments from July, according to the Rehabilitation Trustee.

Mt. Gox to distribute $9 billion of bitcoin, bitcoin cash repayments from beginning of July

Following the BCH Bliss conference, a focal event for Bitcoin Cash enthusiasts held May 14-15 in Ljubljana, Slovenia, Jonathan Silverblood introduced a Bitcoin Cash Podcast on X, featuring a collection of tracks from the event. This gathering also celebrated the “Jessica” upgrade, which launched the network's innovative adaptive block size limit.

Innovative Block Size Upgrade Takes Spotlight at Bitcoin Cash Bliss Conference

Based on onchain metrics, the Mt Gox funds, once consolidated into a single address holding over $9.6 billion in bitcoin, have now been distributed to three separate addresses as of Tuesday morning.

Mt Gox Moves 141,686 BTC to Three Addresses, Consolidates 142,846 BCH

The Bitcoin Cash network has completed its latest upgrade which essentially implemented the highly anticipated adaptive blocksize limit (ABL) algorithm. The new feature will make it much easier to change the block size limit in order to meet the demand of the network's throughput. As of 9:24 a.m.

Adaptive Blocksize Limit Algorithm Goes Live on Bitcoin Cash Network

Bitcoin Cash, the usability-focused Bitcoin hard fork, is preparing to perform a blockchain-wide upgrade slated to happen on May 15th. The upgrade implements the adaptive blocksize limit algorithm, allowing the network to adapt to future increases in demand without having direct input from actors, avoiding the opportunity for social attacks.

Bitcoin Cash Prepares Adaptive Blocksize Limit Upgrade, Commits to Network Scaling

A prominent early Bitcoin (BTC) investor was arrested in Spain over the weekend for allegedly evading $50 million worth of US taxes. Roger Ver, a noted supporter of Bitcoin Cash (BCH), faces charges including mail fraud, tax evasion and filing false tax returns, according to a new announcement from the U.S. Department of Justice (DOJ).

Bitcoin Cash (BCH) Backer Roger Ver Arrested and Charged With Evading Nearly $50,000,000 in Taxes

Mt. Gox creditors have reported seeing bitcoin and bitcoin cash payment updates on the trustee's rehabilitation claims system.

Mt. Gox creditors report bitcoin and bitcoin cash payment update on claims system

Bitcoin cash has been seen a proxy for the upcoming halving of rewards on the Bitcoin blockchain.

Bitcoin Cash Sends Bitcoin Traders Warning Sign About Halving

As Bitcoin dropped in price, so did everything else. Fork and rival Bitcoin Cash did well, though.

This Week in Coins: Bitcoin Ends on a Downer as Rival Bitcoin Cash Shines

CoinDesk Indices (CDI) presents its bi-weekly market update, highlighting the performance of leaders and laggards in the benchmark CoinDesk 20 Index (CD20) and the broad CoinDesk Market Index (CMI).

Bitcoin Cash Rally Led CoinDesk 20 Gainers Last Week: CoinDesk Indices Market Update

Bitcoin Cash (BCH) experienced a notable fluctuation in its value surrounding its most recent block reward halving, initially dropping to $565 just before the halving but later recovering to around $676, marking an 11% increase for the day and nearly 20% for the week.

Bitcoin Cash Demonstrates Resilience With Price Increase Post-Halving

Analysts said BTC traders are probably waiting for macroeconomic signals before making a move, referring to the current market lull.

Bitcoin Cash Spikes 10% After Halving, Bitcoin Hovers Above $66K

The cryptocurrency forked from Bitcoin underwent its own block reward halving this week, dropping as low as $565 pre-halving before recovering.

Bitcoin Cash Price Up 11% Following Post-Halving Rollercoaster Ride

Bitcoin Cash (BCH), the proof-of-work cryptocurrency forked from Bitcoin (BTC), faced a brief downturn in its three-month rally on Wednesday.

Bitcoin Cash (BCH) Experiences Volatility as Second Halving Occurs

The Bitcoin Cash network has witnessed its halving event at block height 840,000, leading to a reduction in the miner reward to 3.125 coins per block from the previous 6.25 coins. Miner Rewards Halved on Bitcoin Cash Network The latest block data reveals that the Bitcoin Cash (BCH) network has undergone its anticipated reward-halving event.

Bitcoin Cash Undergoes Halving Event, Sets Stage for May Upgrade

Bitcoin Cash's 29% Advance Led CoinDesk 20 Gainers Last Week: CoinDesk Indices Market Update

Bitcoin is down today, but the forked cryptocurrency Bitcoin Cash is on fire ahead of its own halving, seeing its best performance since 2021.

Bitcoin Cash Halving Is Hours Away and BCH Just Hit Its Highest Price Since 2021

Bitcoin Cash (BCH) has surged by more than 37% in the past seven days ahead of its upcoming halving event. BCH, a Bitcoin hard fork that spun off from BTC in 2017, is trading at $573.39, up from $418.46 one week ago.

News for Bitcoin Cash Crypto (BCH)