eToro Launches eToroX Exchange and 8 Custom Stablecoins

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eToro Launches eToroX Exchange and 8 Custom Stablecoins
Israeli-based social trading platform eToro has launched eToroX, a fully regulated crypto exchange. eToroX debuts with half-a-dozen top cryptocurrencies and eight fiat currency-backed stablecoins, the latter of which are now open-source.
eToro Launches eToroX Exchange and 8 Custom Stablecoins

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Source: CoinSpeaker

Crypto Market Primed For Lift-Off: Bitcoin Cash, Litecoin (LTC), TRX, ADA Analysis

The total crypto market cap stayed above the key $160.0B support and climbed towards $170.0B.
Litecoin (LTC) price recovered recently and moved above the $80 resistance.
Bitcoin cash price extended gains and it could move higher towards the $320 level.
Tron (TRX) price is currently consolidating above the key $0.0260 support area.
Cardano (ADA) price must break the $0.0850 resistance to start a decent upward move.

The crypto market cap is up more than $4 billion, with positive moves in bitcoin (BTC) and Ethereum (ETH). Ripple, litecoin (LTC), bitcoin cash, TRX, XLM and ADA are likely to extend gains.
Bitcoin Cash Price Analysis
Bitcoin cash price started a strong upward move after BSV’s nasty drop against the US Dollar. The BCH/USD pair broke the $300 resistance level to move into a positive zone. The price gained traction and it recently moved above the $310 resistance area.
If the price continues to move higher, it could even surpass the $320 resistance level. On the other hand, if there is a downside correction, the price may perhaps test the $305 support area.
Litecoin (LTC), Tron (TRX) and Cardano (ADA) Price Analysis
Litecoin price traded close to the $75 support area and recently rebounded above $78. LTC even broke the $80 resistance and it is currently trading in a positive zone. On the upside, an immediate resistance is at $82, above which the price is likely to rise towards the $85 resistance area.
Tron price remained under pressure earlier this week and traded below the $0.0272 support. TRX price traded close to the $0.0260 support level and it is currently consolidating. On the upside, a break above $0.0270 and $0.0272 is must for a decent upward move.
Cardano price recovered above the $0.0800 resistance level. ADA price is currently trading above the $0.0820 level, with many resistances near the $0.0840 and $0.0850 levels. On the downside, the main support is at $0.0800, below which the price could test $0.0780.

Looking at the total cryptocurrency market cap 4-hours chart, the $158.0 and $160.0B support levels proved significant. The market cap stayed above the $160.0B support and a major bullish trend line. It recovered above the $165.0B level and tested the main resistance near $170.0B and the 50% Fib retracement level of the last decline from the $179.9B high to $158.0B low. On the downside, the main supports are $165.0B and $164.0B. Below the trend line, the market cap could revisit the $160.0B support. On the upside, a clear break above the $170.0B resistance is likely to open the doors for more gains in bitcoin, Ethereum, EOS, litecoin, ripple, ADA, BCH, TRX, XMR, XLM and other altcoins in the near term.
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Source: New feedNewsBTC.com

Bitcoin Cash [BCH] Price Prediction Today: The bulls among the bears spikes 5% in 24 hours

BCH/USD short-term technical levels stay strongly positive despite the cryptocurrency market showing strong bearish signs.
The 12 EMA divergence above the 26 EMA shows that the bulls are gaining traction.

Bitcoin Cash is in the green amid a market that is steadily becoming bearish. The crypto has battled to reverse the trend following the loss on April 11 when it found support at $260.00 (range support). In fact, a new trend has been forming above the trendline as well both the 12 moving average exponentials (EMA)-hour and the 26 EMA 4-hour. The trading yesterday pulled Bitcoin above the range resistance at $320. Further correction formed a high around $334.31 before the bears took over control.
Chart source: Tradingview
Bitcoin Cash 4-hour outlook
The 4-hour timeframe shows BCH/USD trading slightly below the range resistance. Slight gains recorded above the short-term support at $300 have not been able to break past the hurdle at $320. Meanwhile, short-term technical levels stay strongly positive despite the cryptocurrency market showing strong bearish signs. The 12 EMA divergence above the 26 EMA shows that the bulls are gaining traction and are not ready to give up control anytime soon. The trendline support is also functioning as a bouncing wall and if tested is likely to stop declines.
Also Read: Ethereum Price Prediction Today: Calm In The Wake Of A Brief Storm – $170 Is Nigh
The moving average convergence divergence (MACD) in the same 4-hour range is trending in an upward direction above the mean line (0.1). The move comes after a correction from the lows close to -7.52. The divergence of the signal line from the indicator shows the uptrend has a significant trend. In this case, if Bitcoin cash can break past the range resistance at $320, the move will most likely attract more buyers and increase their confidence of recovery towards $340 being a possibility.
Bitcoin Cash Key Technical Indicator
12 EMA 4-hour: $306.14
26 EMA 4-hour: $297.34
MACD 4-hour: +8.17
Key range: $260 – $320
Resistance 1: $320.00
Resistance 2: $334.31
Resistance 3: $340.00
Support 1: $300.00
Support 2: 280.00
Support 3: $260.00 (previous week support).
The post Bitcoin Cash [BCH] Price Prediction Today: The bulls among the bears spikes 5% in 24 hours appeared first on Coingape.
Source: CoinGape

eToroX Launches Crypto Exchange Including Suite of Unique Stablecoins

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eToroX Launches Crypto Exchange Including Suite of Unique Stablecoins
eToroX announced the launch of its crypto exchange.
eToroX Launches Crypto Exchange Including Suite of Unique Stablecoins

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Source: CoinSpeaker

Bitcoin Cash proponent Roger Ver’s special message to Craig Wright says he is a ‘liar and a fraud’

Roger Ver, the CEO of Bitcoin.com and a well-known Bitcoin Cash proponent, is the latest to comment on the Craig Wright controversy by releasing a video titled ‘Special Message to Craig Wright’.
In the short-video, Ver asserted that Craig Wright was a “liar and a fraud”, adding “sue me again!”. Notably, Ver and Wright were on good terms with each other, however, their alliance was broken due to the Bitcoin Cash hard fork, which took place in November 2018.
Prior to the hard fork, Ver had even stated “Satoshi or not, the things Craig Wright is saying are exactly the things that caused me to sign up for Bitcoin in the first place” in a 2017 interview with Motherboard. The Bitcoin Cash hard fork hash war, however, saw Ver and Wright on opposite teams, with Ver supporting the Bitcoin ABC fork and Wright standing against the hard fork and promoting the Satoshi Vision upgrade.
The bitter war had Ver stating that “maybe” he was fooled by Craig Wright, after he received an email from Wright. The email read,
“If you want war… I will do 2 years of no trade […] I will see BCH trade at 0 for few years. Will you? Side with ABC, you hate Bitcoin, you are my enemy. You have fucking no idea what that means. You will. I AM Satoshi. Have a nice life. You will now discover me when pissed off. And, no. You could have had proof. You choice.”
Nevertheless, this statement led to several members in the cryptocurrency community pointing out his previous statements that were in favor of Craig Wright, even when several influencers were against him.
Source: Reddit
Source: Reddit
Todu, a Reddit user, said,
“Haha. Nice and succinct! You could however also say that “[I think that] Craig Wright is definitely not Satoshi.” because you still have never said that very clearly. It’s possible to think that Craig is a liar and a fraud and that he’s Satoshi anyway […]”
Interestingly, Bitcoin Cash [BCH] was the only coin in the top 10 to record a notable hike. According to CoinMarketCap, the coin was trading at $317.06 with a market cap of over $5 billion. The coin recorded a hike of over 5 percent in the past 24 hours and the past seven days.
Source: CoinMarketCap

The post Bitcoin Cash proponent Roger Ver’s special message to Craig Wright says he is a ‘liar and a fraud’ appeared first on AMBCrypto.
Source: AMB Crypto

Bitcoin Cash [BCH] Hits Higher, Trades at $320 Amidst its Fork Dipping the Bottom

Amidst the rising debate of delisting of Bitcoin Cash’s fork BSV cryptocurrency from the various trading platforms, Bitcoin Cash (BCH) becomes the hottest coin that blinks with the positive figure of $320 against US Dollar.
Although Bitcoin and other major cryptocurrencies hit Monday market with budding figures, it is slightly turning their ways back. While Bitcoin is declined with 1.41 percent over the past 24 hours, other cryptocurrencies including Ethereum, XRP, EOS, Litecoin Coin, Binance Coin, Tether, Stellar and Cardano also trading slightly below.
Source: Coinmarketcap
Bitcoin Cash becomes Hottest Coin
Nevertheless, despite today’s red figures across the leading cryptocurrencies on the graph of Coinmarketcap, Bitcoin Cash is the only potential cryptocurrency which has gained over 6 percent growth within the past 24 hours.
However, it is interesting to note that ‘BCH’s own fork BSV is already sided down from 12th position to 14th position after delisting decision by Binance and Shapeshift exchange. Since the controversy around BSV and its creator Craig Wright begun, this infamous cryptocurrency suffered significant loss – in fact, the currency which was trading at approximately $83 against US dollar is plummeted down to $56 at press time.
Source: Coinmarketcap
Eventually, BSV has lost its major value of 21.36 percent since the last 24 hours and trading at the value $56 against US Dollar. As such, its demur becomes the potential opportunity for Monero and Dash which is presently sitting at 12th and 13th spot respectively.
Bitcoin Cash itself is the fork of Bitcoin which occurred on August 01, 2017 at 12.20pm and later in the year 2018, BCH network update has resulted in two networks; BCH ABC and BCH SV. Nevertheless, BCH ABC or Bitcoin ABC is called as Adjustable Blocksize Cap wherein BCH SV or Bitcoin SV is known as Bitcoin Satoshi Vision. While Bitcoin ABC is led by Roger Ver, on the other hand, Bitcoin SV is led by Craig Wright who is at the center of ongoing Satoshi Nakamoto’s identity controversy.
So readers, what’s your take on BCH’s rise and BSV’s decline? Let us know in the comment below.
The post Bitcoin Cash [BCH] Hits Higher, Trades at $320 Amidst its Fork Dipping the Bottom appeared first on Coingape.
Source: CoinGape

Was it The ‘Wright’ Decision? Crypto Community and Markets React to BSV Delisting

When Bitcoin SV forked from Bitcoin Cash in November 2018 the resultant hash war was blamed by many as the catalyst for the final dump of crypto markets down to their lowest levels for 18 months. Five months later Bitcoin SV is still causing chaos for the community and crypto markets.
Did Binance Make The Right Call?
The world’s largest cryptocurrency exchange by adjusted volume delisted the controversial Bitcoin SV yesterday. The imbroglio all stems from BSV creator Craig Wright’s repeated threats to organizations and media outlets who refute his claims to be Satoshi Nakamoto.
The call to digital arms by Binance boss Changpeng Zhao encouraged others exchanges to do the same and some already have. Binance claims that BSV no longer meets its standards but the real reason goes much deeper than that. Many, such as Shapeshift, have already followed suit as has Blockchain.com;

Read more on our decision to discontinue support for #BSV by May 15th in our latest blog post: https://t.co/LzBPnTclxW https://t.co/rXtiRgxSaQ
— Blockchain (@blockchain) April 15, 2019

The crypto community, which uses Twitter as a primary means of communication, is a largely polarized group vehemently protective of their own favorites in the industry. The reaction, as expected, has been quite vocal. Major exchanges charge a fair whack to list a new crypto asset and as economist and crypto analyst Alex Krüger pointed out;
“Once every exchange is done delisting BSV, why stop there? Why don’t exchanges delist all sh*tcoins? Ah, that’s right, the more coins exchanges have, the more money they make.”
Others acknowledged the potential of insider trading if people know about CZ’s decision before he made it. It appears BSV was being shorted before the announcement since it slid 16% in during the previous week when markets were generally performing well.
Not all posts were supportive of the decision and saw it as detrimental for the industry in general;

Am I the only one who thinks Binance just shot themselves in the foot?
How do they go about discussing anything serious with a regulator after delisting a crypto because someone was mean to them?
— iang (@iang_fc) April 15, 2019

Cardano’s Charles Hoskinson did stick up for Binance and it is clear that Wright has wound up a lot of people in the industry;

I'm really proud of CZ and binance. They stood up for the entire commun ity against bullying and fraud. I hope more exchanges follow and we can end this dark chapter in Crypto's history https://t.co/16KEfOqsxP
— Charles Hoskinson (@IOHK_Charles) April 15, 2019

He followed up with “The precedent is don’t claim you’re Satoshi, patent everything that you can get your hands on, insult the people of Rwanda and then sue people who deny your claims” before adding “The investors should solely be angry at Craig for his conduct. He does not own our space. He is not entitled to behave like a petulant child and sue people who very rightly ask for evidence of his claims. If you invested in this man, then what do you expect?”
Crypto Markets React
A BSV dump was expected and it has done just that shedding 25% on the day down to $54. The majority of that outflow has been channeled into the coin that spawned it, Bitcoin Cash which spiked 12% at the time to $332. Markets in general are down today with Bitcoin falling back to just above $5,000 and $6 billion leaving the space overnight.
The bottom line, as this incident has highlighted, is that Binance is a profit driven corporation that is highly centralized and has an overreaching level of control over the wider industry. While all intentions may have been righteous, too much leverage by any one entity is the antithesis of what decentralized peer to peer currencies are all about.
Image from Shutterstock
The post Was it The ‘Wright’ Decision? Crypto Community and Markets React to BSV Delisting appeared first on NewsBTC.
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Crypto Market Wrap: Did Binance Just Cause a $6 Billion Dump?

Crypto markets cooling off again; Only Bitcoin Cash surviving as Bitcoin SV drowns.
Market Wrap
There has been no further momentum on crypto markets and the pullback appears to be decelerating. The Binance BSV debacle seems to have sent markets into a temporary tailspin as $6 billion left the space a few hours after the announcement. Volumes and total capitalization is thinning out again as it approaches $170 billion but no major decline has ensued.
Bitcoin dumped to an intraday low of $5,025 a few hours after Binance delisted its smaller sibling. It has slowly clawed back to just below $5,100 today though and appears to be comfortable holding this position for now. There is still a lot of resistance looming above this level though.
Ethereum has plunged almost 4 percent on the day as it fell back to $160. Markets have been generally bearish over the past 24 hours but ETH has taken a harder hit this time. XRP which has moved very little in recent days has receded 2.5% overnight falling back to $0.32.
The top ten is all in the red this morning during Asian trading. That is all aside from Bitcoin Cash which has mopped up losses from Bitcoin SV. BCH has added 5% on the day to reach $313 after an initial surge of 25% to surpass $330 as it continues to benefit from BSV’s misfortune. All other altcoins are dumping with Litecoin and Stellar dropping 4 – 5 percent and EOS and Cardano over 3%.
The top twenty is also all red at the time of writing. BSV has predictably started to collapse as Binance flexed its digital muscles sending this altcoin into free fall dumping over 20% down to $57 in a matter of hours. Tezos is almost back to a dollar losing 7% of its big pump from yesterday. NEO and Ontology are also in a bad way today dropping 5 percent and the rest are not far behind.
FOMO: Maximine Coin Creeps Up
There are no crazy fomo pumps going on at the moment. The top one hundred’s top performer is MXM but it has only made 5.5% on the day, this is how weak markets are today. BCH as mentioned is also doing well but there are very few altcoins in the green at the moment.
Bitcoin SV’s epic dump makes it the day’s biggest loser. Lambda is also falling back as it sheds 14 percent and Komodo is getting hit with an 11 percent slide on the day.
Total market capitalization 24 hours. Coinmarketcap.com
Total crypto market capitalization has shrunk by $6 billion since the same time yesterday with many asking if CZ’s decision had anything to do with it. In all likelihood it is just another unrelated minor correction as market cap drops back to $172 billion. Volume is still over $40 billion so a resistance break by one of the top cryptos could get things moving again today.
Market Wrap is a section that takes a daily look at the top cryptocurrencies during the current trading session and analyses the best-performing ones, looking for trends and possible fundamentals.
The post Crypto Market Wrap: Did Binance Just Cause a $6 Billion Dump? appeared first on NewsBTC.
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Crypto Market Near Decisive Support: Bitcoin Cash, Litecoin (LTC), EOS, XLM Analysis

The total crypto market cap is currently above the key $160.0B support area.
Litecoin (LTC) price is down more than 5% and it recently broke the $80.00 support zone.
Bitcoin cash price performed really well after BSV was delisted from binance.
EOS price failed to hold gains and traded below the $5.45 and $5.40 support levels.
Stellar (XLM) price is correcting lower and it is likely to test the $0.1100 support area.

The crypto market cap is near a crucial support near $160.0B, If its holds, there could be a rebound in bitcoin (BTC), Ethereum (ETH), litecoin, ripple, bitcoin cash, EOS, tron (TRX), stellar (XLM), and other altcoins.
Bitcoin Cash Price Analysis
Bitcoin cash price climbed higher recently and settled above the $300 support area against the US Dollar. The BCH/USD pair gained traction after a major cryptocurrency exchange, binance decided to delist bitcoin SV. There was a sharp upward move in BCH/USD and the price surged above the $310 level.
There are many positive signs on the charts and it seems like the price may continue to rise towards the $320 and $325 levels in the near term. On the downside, the main supports are $300 and $295.
Litecoin (LTC), EOS and Stellar (XLM) Price Analysis
Litecoin price struggled to gain momentum above the key $82 and $84 levels. LTC started a fresh downward move and broke the $80 support. The price is down more than 5% and it is currently trading near $78. If there are more losses, the price may revisit the $75 support area.
EOS price traded above the $5.40 level recently, but it failed to clear the $5.55 resistance area. As a result, there was a fresh decline and the price broke the $5.40 support area. The next key support is at $5.35, below which there is a risk of a push towards the $5.30 support area.
Stellar price remained in a bearish zone and it recently traded below the $0.1150 support level. XLM price is likely to extend the current decline towards the $0.1100 support area, where buyers are likely to emerge.

Looking at the total cryptocurrency market cap hourly chart, there was a decent recovery from the $158.0B and $160.0B support levels. The market cap climbed above the $165.0B level, but it failed to overcome the $170.0B resistance. There was a bearish reaction and the market cap declined towards the $160.0B support and a connecting bullish trend line. As long as the market cap is above the trend line and $158.0B, it could climb higher. Conversely, a downside break below $158.0B might increase selling pressure on bitcoin, Ethereum, EOS, litecoin, ripple, XLM, BCH, ADA, BNB, TRX and other altcoins in the coming sessions.
The post Crypto Market Near Decisive Support: Bitcoin Cash, Litecoin (LTC), EOS, XLM Analysis appeared first on NewsBTC.
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Fake Trading Volumes in XRP Continue to Cast Shadow on the Crypto Markets

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Fake Trading Volumes in XRP Continue to Cast Shadow on the Crypto Markets
A recent report suggests that over 90% of the trading volumes reported by exchanges for Bitcoin and other major altcoins are fake.
Fake Trading Volumes in XRP Continue to Cast Shadow on the Crypto Markets

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Source: CoinSpeaker

Is Bull Continued? Crypto Market Rallies Exciting with BTC above $5100 and Altcoins On Bull Run

The month of April has been showing bullish sentiments for the cryptocurrency market. Bitcoin and most cryptocurrencies are turning their heads up with new volume today, moreover, having a bullish rally continued since the earlier this month.
Is the Bear Market Really Over?
Bitcoin’s move towards $5000 has led many investors, analysts and CEOs to predict the future and bet higher on it. Given that, its forward race also picks other altcoins up with a certain percentage. Consequently, with Bitcoin, other cryptocurrencies such as Ethereum (ETH), XRP, Bitcoin Cash (BCH), Litecoin (LTC), EOS, Binance Coin ((BNB) Tether (USDT), Stellar Lumens (XLM), Cadano (ADA) and many others see a remarkable surge.
Source: CoinmarketCap
Nevertheless to note that crypto market in last week showed a mixed signal – but the value this week contributes as a potential starter. The new week for Bitcoin starts with budding figures of $5183 against US Dollar, quite closer to $5200. Besides Bitcoin, Ethereum also begins the week with 3.05 percent growth over the past 24 hours and presently trades at near $170 against US Dollar.
Also Read: How To Prove the Real Identity of Satoshi Nakamoto, the Creator of Bitcoin? CZ Suggests
Together with BTC and ETH, an escalating drive can also be seen around other altcoins – nonetheless, BCH with 9.02%, Litecoin with 7.70% and Tezos with 19.00% (over the past 24 hours, respectively) are the top gainers among the 20 largest cryptocurrencies in terms of market capitalization.
However, the specific reasons that influenced the prices of all major cryptocurrencies might not be determined but it is worth to note that the growth in the value of crowning cryptocurrency, Bitcoin will influence the value of other altcoins.
Additionally, while BTC constantly striving to rise, famous figures in the crypto industry are busy talking bearish on Bitcoin in the near future.
As such, Arthur Hayes, CEO of the largest cryptocurrency exchange, BitMEX has recently been interviewed wherein he expresses his opinion of Bitcoin’s value in the next 2-3 years. In a podcast, Mr. Hayes states that in the near future, Bitcoin could reach up to $50000. Moreover, he also cut it down in the form of years and notes that it could have a $10000 figure by the end of the year 2019.
Do you think today’s uptrend graph continues to develop? Let us know in the comment below 
The post Is Bull Continued? Crypto Market Rallies Exciting with BTC above $5100 and Altcoins On Bull Run appeared first on Coingape.
Source: CoinGape

$5 Billion Back into Crypto Markets as Bitcoin Cash, Litecoin and Tezos Surge

Crypto markets moving again this Monday; Bitcoin Cash, Litecoin and Tezos cranking, Bitcoin holds gains.
Market Wrap
Monday brings fresh movement to crypto markets and it is upwards following three days of consolidation. A further $5 billion has been added back into crypto assets as the altcoins lead market cap back up towards $180 billion once again.
Bitcoin has spent the best part of the weekend floating around the $5,100 level. Since pulling back slightly on Sunday BTC has registered a gain of 2.3 percent to reach $5,180 at the time of writing. Sentiment is still bullish however more analysts are shifting into the correction camp and predicting a larger retreat for Bitcoin.
Ethereum is moving a little more as it approaches $170 again. The three percent gain has shifted volume levels back over $5 billion and ETH is back over the 100 hour moving average. Further gains are likely providing it can hold these levels above $165.
The top ten is all green at the moment but two altcoins have surged surging during Asian trading today. Bitcoin Cash jumped 10 percent to top $300 once again and take fourth place with a market cap reaching $5.3 billion. Fundamentals have been positive for BCH recently and it continues to outperform its big brother. Litecoin is the other big mover as it pumps 8% to reach $83 and flip EOS once again. The rest have made 2 – 4 percent aside from XRP which has barely moved.
The top twenty is also awash with green and some altcoins are ripping right now. Tezos is one of them with a big pump and Ontology is making a comeback with 5% added on the day. The rest are all climbing 3 – 4 percent on the day as markets move following weekend lethargy.
FOMO: Tezos On a Train
Tezos has surged 18% on the day to reach $1.15 and is today’s top one hundred top performer. The Foundation has updated its charter to improve its governance and Tezos ‘baking’ which is part of its staking based consensus protocol.
Maximine Coin is back on a pump again as it adds a further 15% to yesterday’s gains and Lambda is still on the fomo train with 12% more today. ABBC Coin is the only crypto getting a double digit dump as it loses 12% while the majority of the rest are in the green. Enjin Coin is also pulling back 6% today.
Total crypto market capitalization 24 hours. Coinmarketcap.com
Total crypto market cap is up $5 billion overnight to reach $176 billion and a slow and steady gain of just below 3 percent. Daily volume is approaching $40 billion again as Monday momentum starts to ramp up. The altcoins are commanding things at the moment as Bitcoin dominance drops below 52% once again.
Market Wrap is a section that takes a daily look at the top cryptocurrencies during the current trading session and analyses the best-performing ones, looking for trends and possible fundamentals.
The post $5 Billion Back into Crypto Markets as Bitcoin Cash, Litecoin and Tezos Surge appeared first on NewsBTC.
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The Cost of Carrying Out 51% Attack on Bitcoin SV [BSV] Keeps On Decreasing

Bitcoin Satoshi Vision (BSV) is apparently losing ground to become the ‘one true Bitcoin’ as its network capacity, and its support is decreasing in number.
Hash rate and Cost of Carrying Out 51% Attack
The total hash rate of the network also speaks volume about the cryptocurrency. The cryptocurrencies with a higher number of miners and daily transactions are more likely to be secure and priced higher as well.
BSV Hash Rate All-time (bitinfocharts)
It is evident from the two graphs that the total Hashrate for BSV has decreased since its inception. Moreover, it dropped below 20% since the #WeAreAllHodlonaut Movement gained traction. Furthermore, the hash rate of its immediate competitor has increased more than two-fold in the same period.
Bitcoin Cash (BCH) hash rate (bitinfocharts)
At press time, the cost of carrying out a 51% attack on Bitcoin SV is just around $6500. The same for Bitcoin Cash (BCH) is currently about four times that of BSV around $25000.
ETC which was under 51% attack many times in recent times has a similar cost of carrying out a 51% attack as Bitcoin SV (BSV) at $6300.
The price of Bitcoin SV at 6: 30 Hours UTC on 15th April is trading at $72.52. It is trading 4.16% higher on a daily scale. However, while coins like LTC and BCH have increased by over 50% after Bitcoin’s break-out on 2nd April, BSV has increased by only about 12% higher since its value in March 2019. Most it can be attributed to its limited utility and its’ lousy branding in the crypto community due to ‘faketoshi’ claims.
BSV/USD Price chart on coinmarketcap
Do you think Bitcoin SV will eventually lose its popularity or BSV proponents will be able to redeem its value? Please share your views with us. 
The post The Cost of Carrying Out 51% Attack on Bitcoin SV [BSV] Keeps On Decreasing appeared first on Coingape.
Source: CoinGape