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Bitcoin Cash

Bitcoin Cash is a peer-to-peer electronic cash system that aims to become sound global money with fast payments, micro fees, privacy, and high transaction capacity. In the same way that physical money, such as a dollar bill, is handed directly to the person being paid, Bitcoin Cash payments are sent directly from one person to another. As a decentralized cryptocurrency, Bitcoin Cash requires no trusted third parties and no central bank.

Bitcoin Cash was created in August 2017 as a hard fork of Bitcoin. A hard fork is a software modification that splits a single cryptocurrency into two.

Bitcoin Cash is a peer-to-peer electronic cash system that aims to become sound global money with fast payments, micro fees, privacy, and high transaction capacity. As a decentralized cryptocurrency, Bitcoin Cash requires no trusted third parties and no central bank. 

Unlike Bitcoin, Bitcoin Cash believes becoming a medium of exchange is a more effective way to become adopted as a form of money, rather than prioritizing status as a store of value.

Similar to Bitcoin, Bitcoin Cash has a hard supply cap of 21 million. 

Bitcoin Cash is more progressive and adaptive to technology upgrades than its more conservative counterpart, Bitcoin. Bitcoin Cash implements upgrades on a bi-annual basis.

Mt. Gox payouts seem to have not spooked BCH holders as the forked version of bitcoin outperformed the market in an otherwise slow trading day.

Bitcoin Nears $70K on Back of Trump's Speech, Bitcoin Cash and Base Memecoins Lead Crypto Market Gains

In an interesting turn of events, lesser-known Bitcoin (CRYPTO: BTC)-labeled coins outperformed the apex cryptocurrency in 24-hour gains. What Happened: Bitcoin Cash spiked over 7% in the last 24 hours, becoming the market's second-best-performing cryptocurrency.

Bitcoin Cash And Bitcoin SV Outpace King Crypto With 24-Hour Gains: What's Happening With These Spin-Offs?

Bitcoin

Creditors of the bankrupt crypto exchange Mt. Gox are finally receiving Bitcoin (BTC) and Bitcoin Cash (BCH) payments. Kraken chief executive Dave Ripley announced on Tuesday that his exchange had successfully distributed the BTC and BCH from the Mt. Gox estate.

Kraken Has Successfully Distributed Bitcoin (BTC) and Bitcoin Cash (BCH) to Mt Gox Creditors: CEO David Ripley

Crypto exchange Kraken has completed the distribution of bitcoin and bitcoin cash from the Mt. Gox estate to creditors, marking the end of a decade-long process. Kraken CEO David Ripley expressed gratitude for the Trustee's efforts in preserving the coins' value despite legal challenges. Kraken Distributes Mt.

Kraken Completes Mt Gox Bitcoin and Bitcoin Cash Distribution to Creditors

Bitstamp announced it received digital assets from Mt. Gox trustees and would begin distributing the funds on Thursday.

Mt. Gox creditors to start receiving bitcoin and bitcoin cash from Bitstamp on Thursday

On Tuesday, Kraken CEO Dave Ripley announced that they had "successfully distributed" Bitcoin and Bitcoin Cash to customers impacted by the hack.

Kraken Completes Bitcoin and Bitcoin Cash Distribution to Mt. Gox Creditors

The payout comes after Kraken received 48,641 BTC from the Mt. Gox Rehabilitation Trustee last week to give to creditors.

Mt. Gox creditors start receiving bitcoin and bitcoin cash on Kraken

The highly anticipated Bitcoin Cash (BCH) Conference is set to take place in Buenos Aires, Argentina from October 12 to October 14, 2024. The event, hosted at the stunning Calima Eventos in the Puerto Madero area, promises a blend of networking, innovation, and entertainment over three days.

Bitcoin Cash (BCH) Conference 2024 Coming to Buenos Aires, Argentina in October

According to a recent update from Kraken, the centralized cryptocurrency exchange has received funds from the Mt Gox trustee. Consequently, bitcoin (BTC) and bitcoin cash (BCH) payouts will be distributed to creditors' accounts within 7 to 14 days.

Mt Gox Funds Arrive at Kraken: Bitcoin and Bitcoin Cash Distributions Expected Soon

According to onchain data, at 4:12 a.m. EDT on Tuesday, 48,641 bitcoin worth just over $3 billion were transferred by the Mt Gox estate ahead of the forthcoming distribution.

Mt Gox Estate Transfers $3B in Bitcoin, $53M in Bitcoin Cash Ahead of Distribution

Both assets are being distributed in an ongoing process to creditors of the defunct Mt. Gox crypto exchange.

Long Bitcoin and Short Bitcoin Cash to Benefit From Mt. Gox Repayments: Trader

Slippage, or price changes during execution of a trade, in the BCH market surged last week, signaling weak liquidity.

Bitcoin Cash's Mt. Gox-Led Sell-Off Is Amplified by Poor Liquidity

Peter Chung, an analyst of Presto Research, has examined the intensity of the selloff that ostensibly will be caused by the repayment of Mt Gox creditors, set to flood the market with close to 142,000 BTC between July and October.

Analyst: Mt Gox Repayment Event Will Cause 4x the Selling Pressure for BCH Compared to BTC

A trustee of defunct crypto exchange Mt. Gox says that some of its creditors have received compensation in the form of digital assets. In a new statement, Mt. Gox trustee Nobuaki Kobayashi says that some Mt.

Mt. Gox Trustee Says Some Creditors Have Received Compensation in Bitcoin and Bitcoin Cash, Urges Others To Wait

The trustee said that the repayments were made through a part of the designated crypto exchanges based on the rehabilitation plan.

Mt Gox starts making repayments in bitcoin and bitcoin cash: trustee

The defunct crypto exchange was once the world's top crypto exchange, handling over 70% of all bitcoin (BTC) transactions in its early years.

Mt. Gox Begins Repayments in Bitcoin and Bitcoin Cash

Selling pressure from Bitcoin Cash (BCH) and lack of liquidity is the story to watch once Mt. Gox begins redemptions, writes Presto Research.

Mt. Gox Doomsday Scenario Involves Bitcoin Cash, Not Bitcoin: Analyst

The defunct crypto exchange is supposed to return over 140,000 bitcoin to victims of the 2014 hack.

Mt. Gox to Begin Bitcoin, Bitcoin Cash Repayments in July

Mt. Gox is set to begin distributing bitcoin and bitcoin cash repayments from July, according to the Rehabilitation Trustee.

Mt. Gox to distribute $9 billion of bitcoin, bitcoin cash repayments from beginning of July

Following the BCH Bliss conference, a focal event for Bitcoin Cash enthusiasts held May 14-15 in Ljubljana, Slovenia, Jonathan Silverblood introduced a Bitcoin Cash Podcast on X, featuring a collection of tracks from the event. This gathering also celebrated the “Jessica” upgrade, which launched the network's innovative adaptive block size limit.

Innovative Block Size Upgrade Takes Spotlight at Bitcoin Cash Bliss Conference

Based on onchain metrics, the Mt Gox funds, once consolidated into a single address holding over $9.6 billion in bitcoin, have now been distributed to three separate addresses as of Tuesday morning.

Mt Gox Moves 141,686 BTC to Three Addresses, Consolidates 142,846 BCH

The Bitcoin Cash network has completed its latest upgrade which essentially implemented the highly anticipated adaptive blocksize limit (ABL) algorithm. The new feature will make it much easier to change the block size limit in order to meet the demand of the network's throughput. As of 9:24 a.m.

Adaptive Blocksize Limit Algorithm Goes Live on Bitcoin Cash Network

Bitcoin Cash, the usability-focused Bitcoin hard fork, is preparing to perform a blockchain-wide upgrade slated to happen on May 15th. The upgrade implements the adaptive blocksize limit algorithm, allowing the network to adapt to future increases in demand without having direct input from actors, avoiding the opportunity for social attacks.

Bitcoin Cash Prepares Adaptive Blocksize Limit Upgrade, Commits to Network Scaling

A prominent early Bitcoin (BTC) investor was arrested in Spain over the weekend for allegedly evading $50 million worth of US taxes. Roger Ver, a noted supporter of Bitcoin Cash (BCH), faces charges including mail fraud, tax evasion and filing false tax returns, according to a new announcement from the U.S. Department of Justice (DOJ).

Bitcoin Cash (BCH) Backer Roger Ver Arrested and Charged With Evading Nearly $50,000,000 in Taxes

Mt. Gox creditors have reported seeing bitcoin and bitcoin cash payment updates on the trustee's rehabilitation claims system.

News for Bitcoin Cash Crypto (BCH)