$103,249.00
0.11%$2,473.87
5.94%$2.43
3.04%$653.38
2.75%$171.76
-0.03%$0.999992
0.00%$0.232813
13.67%$0.817137
3.92%$0.260605
-0.63%$2,467.88
5.63%$103,180.00
0.03%$3.97
1.82%$16.73
4.23%$2,979.60
5.89%$24.47
5.17%$0.307471
3.78%$0.00001595
5.98%$0.212096
5.82%$3.38
3.02%$25.13
0.85%$420.51
2.92%$1.00
-0.01%$8.60
-1.64%$103.19
4.00%$5.07
5.63%$2,475.20
5.93%$322.05
4.22%$2,639.42
6.07%$4.83
7.89%$0.00001341
8.15%$0.737109
1.95%$0.999984
-0.07%$103,185.00
0.04%$1.001
0.04%$30.21
-0.32%$6.86
8.33%$448.05
4.42%$3.03
4.34%$5.77
4.27%$224.10
6.68%$1.044
2.38%$54.73
2.19%$1.051
0.02%$19.81
3.63%$5.49
1.40%$1.00
0.00%$0.100534
-0.93%$14.24
-2.45%$0.106793
2.88%$34.59
3.47%$22.18
1.48%$5.19
4.82%$0.03087071
3.83%$0.774493
1.02%$5.15
4.09%$0.262282
3.86%$0.386934
4.82%$0.859072
2.37%$1.001
-0.19%$102,699.00
-0.44%$0.241017
3.04%$3.10
2.41%$1.17
0.06%$0.423888
12.91%$3.15
7.86%$0.59049
-0.14%$4.36
0.11%$0.00002249
4.28%$1.18
1.78%$4.54
0.45%$0.53393
-0.36%$1.006
2.95%$0.999301
0.20%$1,814.25
5.19%$2,468.48
5.64%$97.81
3.71%$180.75
0.47%$2,574.08
5.91%$0.923052
7.66%$11.19
0.24%$0.801842
6.35%$0.258711
8.12%$1.32
-0.60%$0.020073
1.11%$1.30
1.84%$4.74
4.39%$1.96
0.22%$0.683181
3.60%$12.61
7.25%$0.07761
-1.26%$103,131.00
0.28%$2,806.59
5.96%$0.118514
6.99%$1.003
0.43%$0.782562
1.78%$0.00010433
5.25%$1.082
5.96%$653.09
2.66%$0.937696
3.94%$0.999766
-0.02%$2,633.97
5.74%$221.66
-0.11%$0.01875573
1.42%$0.02046344
5.86%$1.00
-0.06%$0.89445
22.87%$0.01395084
-2.13%$190.03
-0.11%$3.01
4.64%$0.34778
5.22%$0.839429
2.18%$0.084462
9.67%$103,543.00
0.46%$42.00
2.48%$3,326.28
-0.52%$2.42
5.25%$0.00000081
4.16%$102,586.00
-1.16%$3,330.88
-0.39%$2,588.89
5.91%$1.00
0.01%$102,626.00
0.60%$13.67
-7.15%$0.250334
6.57%$23.25
2.06%$0.609923
-0.18%$4.11
1.10%$0.123585
3.89%$0.446902
2.82%$0.735133
9.91%$2,582.63
5.90%$42.18
-1.06%$0.65366
4.85%$0.187537
-7.17%$0.363549
4.82%$2.05
4.87%$0.997939
0.01%$3.95
4.35%$0.998069
-0.08%$0.760449
3.15%$0.01843384
0.88%$0.232822
13.43%$1.68
13.19%$0.00640608
6.80%$0.01026864
-0.05%$1.095
-0.44%$0.471982
-1.53%$0.177769
3.93%$0.710981
3.75%$19.34
1.57%$111.00
0.02%$8.20
1.72%$2,469.47
5.66%$0.485303
-0.57%$2,629.73
5.78%$2,470.89
5.79%$0.650674
3.88%$103,239.00
0.09%$0.206866
12.94%$0.519985
2.66%$4.26
10.35%$2,541.47
6.37%$0.19925
2.14%$0.998107
-0.11%$0.00002489
3.76%$1.00
0.03%$3.01
5.54%$0.095384
8.39%$102,944.00
0.11%$0.00911052
4.19%$6.74
3.49%$0.065334
-0.55%$1.93
38.46%$0.10066
2.44%$0.99999
0.00%$99,258.00
-1.35%$1.84
1.15%$0.04732246
3.45%$1.64
3.01%$0.00000115
12.72%$2,475.21
6.02%$0.674622
8.42%$0.455335
23.46%$0.163963
5.72%$47.54
5.60%$0.262307
3.98%$1.61
6.79%$0.00000042
-5.01%$0.00605128
-0.35%$1.096
0.00%$0.996077
-1.51%$1.32
10.97%$0.868027
6.04%$0.415296
1.18%$2,472.70
5.78%$0.00452619
4.32%$0.00379454
11.22%$0.378922
4.98%$0.00006942
4.09%$0.186652
4.67%$0.03763545
-0.43%$0.337937
-2.50%$0.01905876
-0.42%$33.31
1.01%$1.001
-0.09%$0.861864
1.35%$4.31
12.24%$2,616.94
5.88%$137.44
5.83%$1.00
-0.03%$21.51
-0.45%$103,508.00
-0.17%$0.276473
5.37%$0.335636
4.33%$2,715.69
5.90%$24.41
4.95%$2.98
1.87%$0.00000162
2.04%$25.11
0.62%$103,227.00
0.14%$0.72913
-1.27%$0.564011
5.85%$2,693.85
5.86%$0.998253
-0.20%$0.0007698
67.18%$0.231512
2.11%$0.999387
0.02%$1.00
0.00%$0.00352942
-0.90%$2,469.74
5.75%$0.03667253
4.61%$2,660.71
5.75%$18.65
6.89%$1.10
0.06%$24.44
1.55%$0.591629
2.31%$0.00286751
8.48%$2,446.87
5.54%$0.00
15.13%$0.00387802
6.84%$0.268575
13.21%$0.287514
0.48%$0.999714
0.01%$0.836831
4.08%$25.11
0.63%$0.120999
3.01%$0.01440478
2.63%$0.04036721
0.01%Reading
Bitcoin Cash (BCH) continues its uptrend that started after its listing on Citadel Securities, Fidelity Digital Assets, and Charles Schwab Corp.,-backed EDX Markets on June 20.
The BCH token is the highest weekly gainer in the top 300 tokens by market capitalization on CoinGecko, with 114.3% gains.
In comparison, Bitcoin (BTC) recorded 2.4% gains in the same period, while Ethereum (ETH) traded at par with last week’s price.
A cryptocurrency exchange called EDX Markets and backed by several Wall Street firms such as Charles Schwab, Citadel Securities, and Fidelity Digital Assets conducted its first trades on Tuesday, signaling some institutions aren’t hightailing it for the hills on crypto despite recent regulatory pressures in the U.S. It aims to take elements of traditional finance and port them over to crypto, focussing on compliance and mitigating conflicts of interest. EDX also announced it closed a new funding...
The latest 33.9% gain in BCH’s price in the last 24 hours appears to be driven by excess negative bets in the derivatives market fueling an uptrend and heightened trading interest on a South Korean exchange.
The EDX Markets exchange listing is considered by some to be a good proxy for the state of BCH's regulatory clearance. Jamil Nazarali, CEO of EDX Markets, deemed that the four crypto tokens listed on EDX Markets (Bitcoin, Ether, Bitcoin Cash, and Litecoin) were safe bets in terms of compliance with the United States Securities and Exchange Commission.
BCH’s price was heavily suppressed for the calendar year, ranging between $100 and $150. Nevertheless, it has risen vertically after its listing on EDX Markets. BCH was last trading at $308.72, levels last seen 14 months ago in May 2022.
Crypto research outlet The Tie found that BCH trading volumes on Binance reached levels not seen in two years as trading interest returned toward BCH after EDX Markets listing.
EDX is still new, and its trading volume is relatively small compared to major exchanges like Binance, however this new enthusiasm for $BCH is evident in trading volume on Binance as well. $BCH trading volume on Binance has reached levels unseen in the past two years. pic.twitter.com/TS4kkdpsQG
— The Tie (@TheTieIO) June 29, 2023
While the increase in trading volume after a positive catalyst is a sign of strong market participation and interest in the asset, the uptrend is partly driven by a short squeeze and a surprising volume spike on the South Korean exchange, Upbit.
A short squeeze is a phenomenon that occurs when an asset's price rises, as most traders who had bet against its price are forced to buy at a loss or experience forced liquidation.
The price volatility took out $19 million in liquidations in the last 24 hours, with short orders accounting for 77% of the total amount, representing the highest liquidation levels in June 2023, per Coinglass data.
The token also witnessed a surge in trading on the South Korean exchange Upbit. CoinGecko data shows that the 24-hour trading volume of the BCH/KRW pair on Upbit at $685 million is twice that of BCH trading volumes on Binance.
In fact, the BCH/KRW trading volume of Upbit was comparable to the BTC/USD pair trading volume of $508 million on Coinbase, the largest U.S.-based exchange.
Top college football prospect Matai Tagoa’i is set to join football stars like Russell Okung, Odell Beckham Jr., and Trevor Lawrence by receiving his compensation in Bitcoin. The linebacker will be paid part of his earnings via the Strike app after signing a “name, image, and likeness” (NIL) deal with the University of Southern California (USC). The exact details of his package are not known, but some college football players, such as Shedeur Sanders, have received estimated payouts of up to $4....
The world’s largest asset manager BlackRock just debuted a new advertisement proselytizing the virtues of Bitcoin, but rather than cheer on the Bitcoin ETF issuer for its efforts, Bitcoiners aren’t happy. The video, which is housed on the iShares Bitcoin Trust (IBIT) ETF page on BlackRock’s website, spends three minutes walking viewers through the evolution of money and key fundamentals of Bitcoin. One of those fundamentals is Bitcoin’s 21 million fixed token supply. While the video explains t...
El Salvador may have reached a deal with the International Monetary Fund that will see the tiny country scale back its Bitcoin law—but it’s still going to “HODL.” And it might even step up its BTC buys. That’s according to Stacy Herbert, the head of El Salvador’s National Bitcoin Office, who wrote on X (formerly known as Twitter) Thursday that the country may even continue buying the cryptocurrency at an “accelerated pace” going forward. El Salvador in 2021 made Bitcoin legal tender along with...
