Bitcoin Cash Price Watch – BCH/USD Heads For Upside Break, Testing Resistance

Key Highlights: Bitcoin Cash price held steady for the past few days, trading in the $1,050-1,150 range throughout most of the week. BCH/USD is heading for an upside break, now on a bullish trend line testing a major resistance of $1,125. A major support level has been established at $1,080. BCH/USD Heading For Upside Break For the past week, Bitcoin Cash remained steady as price volatility began to decrease. BCH/USD mostly stayed between the $1,050-1,150 range, though it did surpass the $1,200 level briefly earlier this week. At the moment,…

Codius is Back! Good News? Not for Ethereum (ETH)

By now, most people are aware that Codius is coming back. This in itself is big news, but the relaunch of the smart contract platform is making waves for two other reasons. First, people are talking about it because the product will not be launched through Ripple, but rather by Coil. Second, there is speculation that Codius is going to kill Ethereum (ETH).  In this article, we’re going to be dissecting both of those headlines.  Codius is Back! But It’s Not Ripple’s Product Anymore In May, Stefan Thomas departed from…

Are Day Traders Ruining Bitcoin (BTC)? Short-Term Speculators on the Rise

Bitcoin day traders appear to be on the rise. The Financial Times reports that there is as much Bitcoin (BTC) owned by short-term speculators as there is by HODLers, or long-term investors, now. Bitcoin Day Traders Catching Up Blockchain research company Chainalysis discovered the Bitcoin data. This data shows that the amount of BTC held by day traders has increased to 5.1 million Bitcoin since December 2017. Bitcoin HODLers, people who have held BTC for longer than a year, together hold around 6 million Bitcoin. While these numbers aren’t quite…

Bitcoin Price Watch – BTC/USD Holds Support, Volatility On The Decline

Bitcoin price hovered around the $7,550-$7,650 territory on Friday morning. Volatility has declined since the beginning of the week, as BTC/USD has been largely trading in this range for the past seven days. BTC/USD also struggled to move past the $7,700 price point earlier today. BTC/USD Holds Support At $7,550 For most of Friday morning, Bitcoin price stayed steady in the $7,550-$7,650 range, with the lower limit being its major support level. Bitcoin has been trading in an increasingly narrow range for the past week, and volatility is on the…

The Next 51%: Litecoin Cash (LCC) Under Attack

The latest trend in crypto is not one to be happy about. Litecoin Cash (LCC) can now be added to the list of smaller coins that are experiencing 51% attacks. Several days ago, Litecoin Cash was hit with a 51% attack. When a cryptocurrency is taken over by a 51% attack, it means that the majority of the blockchain has come under the control of one entity with the intentions of stealing cryptocurrency. 51% attacks use a large amount of computing power to do so, making it an incredibly expensive, but…