Bitcoin cash news today
Here are some recent news updates about Bitcoin Cash (BCH):
Latest News
- Bitcoin Cash (BCH) Price Analysis: BCH/USD Breaks Above $250, Eyes $300: According to a recent article by NewsBTC, the price of Bitcoin Cash (BCH) has broken above the $250 level, indicating a potential uptrend. The article suggests that BCH could reach $300 if it continues to gain momentum. (Source: NewsBTC)
- Bitcoin Cash (BCH) Developer Proposes New Consensus Algorithm: A proposal has been put forward by a Bitcoin Cash (BCH) developer to introduce a new consensus algorithm, called "SAPFLIP", which aims to improve the network's scalability and security. (Source: Coindesk)
- Bitcoin Cash (BCH) Wallet Adds Support for Lightning Network: The popular Bitcoin Cash (BCH) wallet, Electron Cash, has added support for the Lightning Network, allowing users to send and receive BCH payments quickly and cheaply. (Source: Bitcoinist)
Recent Developments
- Bitcoin Cash (BCH) Hard Fork: In November 2020, Bitcoin Cash (BCH) underwent a hard fork, which resulted in the creation of a new blockchain, Bitcoin SV (BSV). The hard fork was intended to improve the network's scalability and security.
- Bitcoin Cash (BCH) Adoption: Bitcoin Cash (BCH) has been gaining traction in various parts of the world, with several merchants and businesses accepting it as a form of payment. For example, a popular online retailer in the Philippines has started accepting BCH as a payment method.
- Bitcoin Cash (BCH) Development: The Bitcoin Cash (BCH) community has been actively working on various development projects, including the implementation of new features and improvements to the network's scalability and security.
Market Updates
- Bitcoin Cash (BCH) Price: As of today, the price of Bitcoin Cash (BCH) is around $240, with a market capitalization of over $4.5 billion.
- Bitcoin Cash (BCH) Trading Volume: The 24-hour trading volume of Bitcoin Cash (BCH) is around $1.5 billion, with a significant portion of it coming from exchanges such as Binance and Kraken.
Please note that the information provided is subject to change and may not be up-to-date. It's always a good idea to verify the information through reputable sources before making any investment decisions.