Bitcoin Cash Price Changed by 2.89 percent

As at 2019-09-14 average Bitcoin Cash price is 306.74999177 USD, 0.02939609 BTC, 1.62742205 ETH. Bitcoin Cash average change within 24 hour …

As at 2019-09-14 average Bitcoin Cash price is 306.74999177 USD, 0.02939609 BTC, 1.62742205 ETH.

Bitcoin Cash average change within 24 hour is 2.89 against USD, 1.42 against BTC, -1.09 against ETH. Weekly report: 2 against USD, 2.99 against BTC, -2.76 against ETH. Monthly report: -3.32 against USD, -5.2 against BTC, -4.15 against ETH.

It’s noteworthy that is issued into circulation Bitcoin Cash.

Bitcoin Cash BCH/BTC on BitAsset exchange is 305.98. The trading volume on BitAsset is 555118.00.

At the same time Bitcoin Cash BCH/BTC on Birake exchange is 305.14. The trading volume on Birake is 47195.00.

Bitcoin Cash BCH/BTC on Whitebit exchange is 305.54. The trading volume on Whitebit is 1139203.00.

Bitcoin Cash BCH/USDT on Piexgo exchange is 306.38. The trading volume on Piexgo is 89770.00.

Bitcoin Cash BCH/USD on Exrates exchange is 305.94. The trading volume on Exrates is 8200549.00.

In this regard, 24 hour trading volume is 730974197.48876000 USD or 70049.82517870 BTC. At the same time Bitcoin Cash market capitalization is 5522496789 USD or $529225 BTC.

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Litecoin Turns Surprisingly Bullish Due to These Five Factors

Even as the majority of the cryptocurrency market has started seeing small losses, Litecoin (LTC) has been hitting new milestones to help it make …

Even as the majority of the cryptocurrency market has started seeing small losses, Litecoin (LTC) has been hitting new milestones to help it make bullish waves lately.

The market has definitely seen an improvement overall in 2019, especially when compared to the situation as it was last year. However, cryptocurrency price charts clearly indicate that the current market sentiment is not as bullish as it was between April and July of this year. The bullish year has been seeing several months of stagnation right now, and many have turned neutral to bearish.

Surprisingly enough, Litecoin’s overall performance has been seen as bullish, even during this period. This situation is even more interesting considering the fact that LTC went through a reward halving only a little over a month ago. A halving is a rare occurrence and it is difficult to predict how the LTC price might behave afterward.

But, now that the halving is in the past, LTC is finally able to move on, and it did so in a positive way. According to new data, there are five major reasons for Litecoin’s new bullishness.

Litecoin (LTC)

Why Is LTC Bullish?

As mentioned, there are five aspects and fundamentals that have been improving for LTC lately that could be adding to its value.

The first is the fact that the concentration of large holders is growing. This is always a good sign for a coin, as it shows that a lot of people have faith in it. If LTC holders are willing to accumulate, this seems to be an especially good sign for the project.

Next, the number of large Litecoin transactions has improved as well. Most likely, these transactions are being boosted by large the large amounts of LTC that are being bought and possibly transacted to storage.

Third, is the curious behavior of LTC price. It’s not been on a constant rise, but it has been relatively stable when considering the rest of the market. Litecoin traded between $69 and $72 in the past week, meaning that there is only about a 6% difference between its lowest and highest points in the past 7 days.

Image

There are also more people than ever that are in the money (ITM), a term that refers to options that possess intrinsic value. Basically, it means that something has value at a strike price, which is favorable in comparison to the prevailing market price of the underlying asset.

Finally, Litecoin’s correlation to Bitcoin itself is dropping, which is rare to see in the cryptocurrency space. As the first cryptocurrency, and the coin with the largest price and highest market cap — Bitcoin is the most dominant asset in the entire industry. As such, it has been known to dictate the behavior of the market and most coins in it.

So far, there has been a handful of cryptocurrencies that have managed to reduce its influence, with Binance Coin (BNB) often being referred to as the only coin ever to do it successfully. Now, LTC might be on the road to do the same, which is especially difficult, since LTC code was created from Bitcoin’s template.

If these positive factors continue on their current course, LTC might truly become one of the best performers in the market in Q4 and on it to 2020.

What do you think of Litecoin? Have you, or do you plan to invest in it? Share your thoughts in the comments below.

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As a trusted news outlet in the blockchain and cryptocurrency industry, BeInCryptoalways strives for the highest journalistic standards and adheres to a strict setof editorial policies. BeInCrypto is an independent website with authors and managementthat may personally invest in cryptocurrencies or blockchain startups.

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Non-Custodial Exchange KyberSwap Launches Fiat-to-Crypto Gateway

… to Australia allowing its customers to trade across five fiat-to-crypto trading pairs including Bitcoin (BTC), ETH, XRP, Bitcoin Cash (BCH) and Litecoin …

Non-custodial exchange KyberSwap has launched fiat-to-crypto gateway in collaboration with cryptocurrency exchange Coindirect.

According to a Sept. 13 blog post, KyberSwap’s users can now buy digital currencies directly with fiat currencies, taking into account that the exchange currently supports trading of Ether (ETH) and ERC-20 tokens only.

The partnership with MakerDAO-backed third-party service Coindirect enables KyberSwap’s customers to purchase cryptocurrencies using Visa and MasterCard credit and debit cards.

Other industry players offering fiat-to-crypto

KyberSwap thus joined the ranks of other industry projects supporting fiat-to-cryptocurrency trading. At the beginning of the year, major cryptocurrency exchange Binanceexpanded to European markets with the launch of a new platform for fiat-to-cryptocurrency trading dubbed Binance Jersey.

Later in July, Binance announced further expansion of its fiat-enabled trading platform in Singapore, but with limited functionalities and only one trading pair.

This spring, Singapore-based cryptocurrency exchange Zebpay expanded its trading services to Australia allowing its customers to trade across five fiat-to-crypto trading pairs including Bitcoin (BTC), ETH, XRP, Bitcoin Cash (BCH) and Litecoin (LTC) both on desktop and Android and iOS apps.

As reported at the end of May, Coinbase’s Emilie Choi said:

“Obviously we are the fiat to crypto bridge. We’re the fiat to crypto bridge and we play a different role than others in the space in terms of trying to be the safe trusted center of the crypto economy.”

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Crypto Market Update: Focus on BTC, XRP, BCH, BNB, DASH, and ETC

This article provides a quick overview of how the crypto markets have been doing—with the focus on Bitcoin (BTC), XRP, Bitcoin Cash (BCH), Binance …

This article provides a quick overview of how the crypto markets have been doing—with the focus on Bitcoin (BTC), XRP, Bitcoin Cash (BCH), Binance Coin (BNB), Dash (DASH), and Ethereum Classic (ETC)—over the past 24-hour period.

Bitcoin (BTC)

BTC-USD 24 Hour Chart on 13 Sep 2019.png

As you can see in the price chart below, since September 2, Bitcoin has been trading between $10,000 and $10,900, and at press time, it is trading around $10,300. It seems like Bitcoin needs a major positive catalyst for the price to climb above the $11,000 mark. The opening of the Bakkt Warehouse on September 6, sadly, made no difference to the price of Bitcoin, but the launch of future trading on the Bakkt platform on September 23, especially if there is significant trading volume, might make a positive impact.

XRP

XRP-USD 24 Hour Chart on 13 Sep 2019.png

Ripple CEO Brad Garlinghouse gave an interview to CNN on September 12 during which he was asked about allegations that Ripple is dumping XRP on the market. He replied:

In the XRP community, Ripple is the largest owner, and we are the most interested party in the success of the XRP ecosystem… We are clearly interested in a healthy, successful XRP ecosystem, and we would never do that.

Bitcoin Cash (BCH)

BCH-USD 24 Hour Chart on 13 Sep 2019.png

On September 12, in an interview with Bloomberg, David Shin, the head of the exchange division of Bitcoin.com, the main company promoting/supporting Bitcoin Cash (BCH), mentioned that Bitcoin.com is planning to get BCH futures listed on a CFTC-regulated crypto derivatives exchange such as the CME. However, the lack of substance in this news means that BCH has not received any kind of boost so far.

Binance Coin (BNB)

BNB-USD 24 Hour Chart on 13 Sep 2019.png

On September 10, Binance announced that futures platform A had won the competition and thereby had become the official Binance Futures platform. Two days later, Binance announced that Binance Futures would go live at 04:00 UTC on September 13.

Dash (DASH)

DASH-USD 24 Hour Chart on 13 Sep 2019.png

DASH is enjoying a 9% price surge today probably due to the news that it will be listed on Coinbase Pro on September 16 (with trading become available possibly as early as September 17).

Ethereum Classic (ETC)

ETC-USD 24 Hour Chart on 13 Sep 2019.png

Ethereum Classic’s “Atlantis” hard fork event took place on September 12 without any problems. 

Yaz Khoury, ETC Cooperative’s Director of Developer Advocacy, took to Twitter to congratulate everyone connected with the project:

Congratulations @eth_classic on the successful activation of the Atlantis Hardfork!

Was one of the longest debates to reach consensus along with a lot of the immutability politics

Learned a lot about the beauty of decentralization and a distributed community

Thx @a4fri!

🔱🔱 https://t.co/FhJiqo66wwpic.twitter.com/Uu1VG6wUC0

— Yaz Khoury (@Yazanator) September 12, 2019

 

Featured Image Credit: Photo via Pixabay.com

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Bitcoin.com Wants a Regulated Futures Market for Bitcoin Cash

Shin believes that Bitcoin Cash could surge in value compared to other cryptocurrencies on the market if had better liquidity. He envisions BCH …

While we usually think of Ethereum as the crypto asset that’s most likely to be listed on a regulated futures market after Bitcoin, the company behind Bitcoin.com has other plans – according to a recent Bloomberg report, Bitcoin.com wants to make a push to get Bitcoin Cash futures contracts listed on a CFTC-regulated exchange.

The publication spoke to David Shin, who’s in charge of Bitcoin.com’s recently-launched cryptocurrency exchange. He said that Bitcoin.com has already had discussions about a potential BCH futures listing, and added that he would be very happy to speak to the CME, which has been listing BTC futures for almost two years now.

He commented:

“We’ll try to list a BCH future on one of these exchanges that’s CFTC regulated to therefore have a product that can be traded into the U.S. with institutional traders. In theory we should see more penetration, more users, more trading and more volume.”

Shin believes that Bitcoin Cash could surge in value compared to other cryptocurrencies on the market if had better liquidity. He envisions BCH eventually becoming the second biggest crypto asset by market cap. As of right now, it’s hard to see how the fourth-ranked BCH could make such a push – XRP’s market capitalization is about twice as high as BCH’s, while ETH is almost quadruple the size.

However, it is true that Bitcoin Cash has been having a much better 2019 so far than both Ethereum and XRP. BCH is up by 84% since January 1, while ETH added 31% and XRP lost 29%.

BCH finished 2018 with a catastrophic price crash as the controversy surrounding the fork which led to the creation of Bitcoin SV crashed the price of BCH from over $600 to below $100 in the space of 2 months.

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