Bitcoin Cash [BCH]: Roger Ver divulges details about SLP based token for K-pop

Roger Ver was also in the news recently for his ongoing war against nChain chief scientist Craig Wright and his claims of being Satoshi Nakamoto, the …

John Carvalho, the CCO of Bitrefill and an advocate of Bitcoin [BTC] has time and again asserted that all hard fork coins are scams. Echoing a similar sentiment at a recent talk session on ‘Letstalkbitcoin.com’, Carvalho said that Roger Ver strongly backing Bitcoin Cash [BCH] and the cryptocurrency exchange Bitmain was likely to have stemmed from the aspect of ego, take control, and strategic aspect.

Roger Ver has time and again voiced his opinions stating that Bitcoin’s block size was a major setback for the network. However, Carvalho is of the opinion that block size cannot be the only factor for the BCH proponent to back the fork coin. The CCO said that SegWit protocol update has been successful in increasing the block size even as it did not increase it repeatedly. He also cited that Bitcoin was finding it “hard” to increase its block size repeatedly.

Sensing a hidden agenda behind supporting the fork coin, Carvalho aka BitcoinErrorLog said that Ver’s motivations behind backing BCH were a “mystery” to him. According to the Bitcoin enthusiast, if Ver can own Bitcoin.com, the Bitcoin handle on Twitter, and have significant mining hash power, then it is likely that they [Roger Ver] can sell those “fake Bitcoins” to people.

He went on to say that BCH is a scam and if people want to invest in sh*tcoins, there are many sh*tcoins or inferior coins in the cryptocurrency market other than BCH. He also believes that no one should hold the Bitcoin hard fork coins or deal in it.

According to the CCO, as long as the network has appropriate liquidity, time and transaction fees for the transfer of value, even an inferior network will be able to successfully execute it. However, he vouched for Bitcoin for the purpose of the storing value or building things on top of the blockchain network.

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Crypto-Market Update: Bitcoin Breaks above $5400 As Alts ETH, LTC and XRP Begins to Decouple

Litecoin [LTC] was trading in the red over the weekend as the price broke below $80 dollar on April 21, 2019. The ‘Golden cross’ on Litecoin occurred …

Bitcoin broke the $5400 mark on 22nd April 2019. Bitcoin [BTC] which broke $5000 on 2nd April 2019 completed three weeks while maintaining the $5000 as support.

Cryptoslots

The price of Bitcoin [BTC] at UTC on 23rd April is trading at $5395. The percent dominance of Bitcoin over the cryptocurrency market also increased by more than 1% on a daily scale. Therefore, while the altcoins have been the better performing then Bitcoin since the beginning of the year, Bitcoin [BTC] still seems to be dictating terms of the entire market.

The total market capitalization of the cryptocurrency market is $20 billion short of $200 billion. It broke the $200 billion mark on the downside on November 14th, 2018.

BTCUSD
BTC/USD 1-Day Chart on Coinbase (Tradingview)

The ‘Golden Cross’ of the 200-Day Moving Average with the 50-Day Moving average is also coming to realization. The intersection will be a decisive moment for BTC and cryptocurrency markets to finally confirm the bull or move downwards again.

Litecoin [LTC] Decoupled From Bitcoin?

Litecoin [LTC] was trading in the red over the weekend as the price broke below $80 dollar on April 21, 2019. The ‘Golden cross’ on Litecoin occurred on 15th March, the price is trading 37.5% higher since then.

The price of Litecoin [LTC] at 3: 00 Hours UTC on 23rd April is $77.20. It is trading 1,23% higher on a daily scale.

Some analysts have predicted that Litecoin [LTC] might be leading the crypto-markets currently with its gains. B. Biddies a popular cryptocurrency price analyst noted in his tweet that Bitcoin and Ethereum can be expected to follow Litecoin [LTC] into the correction as well.

A fascinating story of divergence seems to be forming. What does it mean if $LTC loses its lockstep with $BTC and $ETH? What story is this telling you? pic.twitter.com/4gXcNiS1gZ

— B.Biddles (@thalamu_) April 22, 2019

Also Read: What Happens When Litecoin Mining Block Rewards Halves in August 2019?

Ethereum [ETH], XRP and EOS

Moreover, Ethereum, XRP, and EOS with the majority of the altcoins stayed relatively stable w.r.t. USD. Bitcoin gained more than 2.3% on a daily scale while the gains on altcoins were below 1.2%.

The price of XRP at 3: 00 Hours UTC on 23rd April is $0.328. It is trading 0.81% higher on a daily scale while BTC trades above 2.25%.

XRP is skirting above the 0.00006000 BTC. It has lost more than 20% of the value w.r.t. BTC since the beginning of the month. Hence, the correlation between Bitcoin and XRP seems to be breaking away from the trend as well.

XRPBTC
XRP/BTC 1-Day Chart on Binance (TradingView)

The price of Ether [ETH] and EOS at 3: 00 hours UTC on 23rd April is 171.93 and 5.25 respectively. It is trading at about 1.5% and 1.1% higher on a daily scale.

Moreover, the altcoins have also been in the red this morning w.r.t. BTC. The gain on most top altcoins is below 1.5% while BTC is trading higher by 2.25% on a daily scale.

AltBTC
Altcoin/BTC market on Poloniex

Nevertheless, some of the altcoins with greater positive rise included Tezos (XTZ), Zcash (ZEC), and Cardano (ADA). The rise on Cardano’s ADA was most impressive at 9.73%. The price of Cardano’s ADA at 3: 00 Hours UTC on 23rd April is $0.08. Tezos (XTZ) and Zcash rose by 5% and 3% respectively on a daily scale.

As the golden cross comes near realization, which path would Bitcoin take now, Bull or Bear? Please share your analysis with us.

Summary
Crypto-Market Update: Bitcoin Breaks above $5400 As Alts ETH, LTC and XRP Begins to Decouple
Article Name
Crypto-Market Update: Bitcoin Breaks above $5400 As Alts ETH, LTC and XRP Begins to Decouple
Description
Bitcoin broke the $5400 mark on 22nd April 2019. Bitcoin [BTC] which broke $5000 on 2nd April 2019 completed three weeks while maintaining the $5000 as support.
Author
Nivesh Rustgi
Publisher Name
CoinGape
Publisher Logo
The presented content may include the personal opinion of the author and is subject to market condition. Do your market research before investing in cryptocurrencies. The author or the publication does not hold any responsibility for your personal financial loss.

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Bitcoin (BTC) Predictions: BTC Crack Down Resistances, Aimed at a Fresh Mark at The Top of …

A group of an individual pseudonym as “Satoshi Nakamoto” published the Whitepaper of Bitcoin on October 31st, 2008. There, they described it as, …

Bitcoin (BTC) is a decentralized consensus network that enables an alternate payment system in the form of fully digital currency exchange. Secured by complex algorithms like SHA-256, it is a peer to peer payment network that requires no central authority to operate. A group of an individual pseudonym as “Satoshi Nakamoto” published the Whitepaper of Bitcoin on October 31st, 2008. There, they described it as, “a purely peer-to-peer version of electronic cash would allow online payments to be sent directly from one party to another without going through a financial institution.”

Bitcoin chart

Bitcoin chartAccording to coinmarketcap.com, on April 18, at UTC 09:34, Bitcoin (BTC) was trading at USD 5,275.67. At the same time, it’s market capitalization was around USD 93,125,222,588. Moreover, Bitcoin’s last 24 hours trading volume was approximately USD 12,981,807,647. Rulings the cryptocurrency ranking chart, Bitcoin’s Return on Investment (ROI) rate is 3,799.24%. On March 24, Bitcoin was trading at $ 3,963.07, since then it saw unprecedented growth and today after 25-days, its current value is USD 5,275.67 with a cumulative hike of 33.1%.

Let’s have a look at historical fluctuations in the price of Bitcoin (BTC):

Time Period High Low
All-Time 20,089.00 USD

(Dec 17, 2017)
65.53 USD

(Jul 05, 2013)
Yesterday 5,274.28 USD 5,219.21 USD
7-days 5,306.66 USD 4,955.85 USD
30-days 5,421.65 USD 3,934.03 USD

Yesterday was a good trading day for Bitcoin (BTC) as it opened at USD 5,236.14 and wrapped up the day at USD 5,251.94, with an intraday gain of USD 15.80 (0.30%).

Prediction:

Almost 11 years have passed since Bitcoin (BTC) into existence. However, its popularity is still intact. Some of the reasons for its raising demand is state-of-the-art features like open-source, public availability, no controlling or governing body and the cherry on the cake is that anyone can trade in it. Within a short period of time, Bitcoin price grew significantly; making the BTC/USD pair quite popular among active traders and investors.

Moreover, Bitcoin (BTC) allows exciting uses that could not be covered by any previous payment system. According to current pattern, Bitcoin (BTC) is moving within a bullish flag pattern formation and suggests of a potential imminent breakout to the upside. At present, there seems to be a mild resistance at USD 5250. In the short term, there could be a minor downward slide and move toward the correction level of $5,230 or $5,200. However, the overall trend seems to be bullish, and the price is likely to bounce back and trade past $5,300, $5,320 and $5,350 resistance levels.

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Bitcoin [BTC] sets record as total number of transactions cross 400000000 mark

… $100, $1000, and $10,000 worth of Bitcoin, Litecoin, Bitcoin Cash, and Bitcoin SV. The data suggested that the total addresses that owned $1, $100, …

Bitcoin [BTC], the world’s largest cryptocurrency by market cap, is often referred to as the king of the cryptocurrency market as it is the reason behind the inception of several other currencies in the market. The coin continues to be the highlight of the cryptocurrency space after news regarding its 10th anniversary and its breach of key resistance points made headlines.

This time around, the king coin was in the spotlight after the total number of transactions surpassed the 400 million mark. According to data available on Blockchain, Bitcoin’s total transaction count was recorded to be 400,042,017 [Four hundred million forty-thousand and seventeen] as of 9th April 2019, 05:30.

Source: Blockchain

Source: Blockchain

During the same timeframe, the number of daily confirmed Bitcoin transactions was noted to be 346,071. Additionally, the highest number of daily confirmed transactions for the past year was on 2 April 2019, with 401,507 transactions.

Source: Blockchain

Source: Blockchain

That aside, recent data presented by Kevin Rooke, a well-known cryptocurrency researcher, showed the number of addresses that owned $1, $100, $1000, and $10,000 worth of Bitcoin, Litecoin, Bitcoin Cash, and Bitcoin SV. The data suggested that the total addresses that owned $1, $100, $1000, and $10,000 worth of Bitcoin were more than other cryptocurrencies.

Kevin Rooke said on Twitter,

“There are more addresses with $1,000 of BTC than there are with $1 of LTC”

Source: Twitter

Source: Twitter

To this, @MyLegacyKit, a Twitter user said,

“No, not correct. “There are more addresses with $1,000 or more of BTC than there are with $1 or more of LTC.” Fixed. 👍

Additionally, Bitcoin marked another milestone recently after its transaction per block surpassed its all-time high twice, within 10 days. The first all-time high record was set on 20 December 2017, when Bitcoin was close to its all-time high value of $20000. The transaction per block, at that point in time, was recorded at 2,722.

This mark was breached on 26 March 2019, with the new record set at 2,734. Interestingly, this mark was also broken at the end of the month, when the coin’s transaction per block reached 2,745.

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Bitcoin’s [BTC] next market peak will surge higher than December 2017 high: Researcher

“Bitcoin and other digital assets act as alternative currencies and payment …. The establishment of Bitcoin [BTC] as a currency of the future and its …

Bitcoin [BTC], the world’s largest cryptocurrency by market cap, is often referred to as the king of the cryptocurrency market as it is the reason behind the inception of several other currencies in the market. The coin continues to be the highlight of the cryptocurrency space after news regarding its 10th anniversary and its breach of key resistance points made headlines.

This time around, the king coin was in the spotlight after the total number of transactions surpassed the 400 million mark. According to data available on Blockchain, Bitcoin’s total transaction count was recorded to be 400,042,017 [Four hundred million forty-thousand and seventeen] as of 9th April 2019, 05:30.

Source: Blockchain

Source: Blockchain

During the same timeframe, the number of daily confirmed Bitcoin transactions was noted to be 346,071. Additionally, the highest number of daily confirmed transactions for the past year was on 2 April 2019, with 401,507 transactions.

Source: Blockchain

Source: Blockchain

That aside, recent data presented by Kevin Rooke, a well-known cryptocurrency researcher, showed the number of addresses that owned $1, $100, $1000, and $10,000 worth of Bitcoin, Litecoin, Bitcoin Cash, and Bitcoin SV. The data suggested that the total addresses that owned $1, $100, $1000, and $10,000 worth of Bitcoin were more than other cryptocurrencies.

Kevin Rooke said on Twitter,

“There are more addresses with $1,000 of BTC than there are with $1 of LTC”

Source: Twitter

Source: Twitter

To this, @MyLegacyKit, a Twitter user said,

“No, not correct. “There are more addresses with $1,000 or more of BTC than there are with $1 or more of LTC.” Fixed. 👍

Additionally, Bitcoin marked another milestone recently after its transaction per block surpassed its all-time high twice, within 10 days. The first all-time high record was set on 20 December 2017, when Bitcoin was close to its all-time high value of $20000. The transaction per block, at that point in time, was recorded at 2,722.

This mark was breached on 26 March 2019, with the new record set at 2,734. Interestingly, this mark was also broken at the end of the month, when the coin’s transaction per block reached 2,745.

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