Bitcoin News
By Sydney TheCMO
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Cue the music. Bitcoin Cash is punching above $1,000 once more, with strong bullish momentum that saw it surge by a whopping 61% in the last few days.
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Bitcoin Cash’s performance appears to be subdued during the 2021 crypto bull run compared to the last major bull run in 2017.
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BCH’s huge surge on Wednesday marked the second time it broke through the $1,200 price level in 2021.
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Bitcoin Cash’s impressive gains this week come on the heels of an upcoming upgrade scheduled to take place on May 15. The upgrade will introduce two significant but minor changes.
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The upcoming improvement will also enable multiple “OP_RETURN” outputs, an upgrade from the current one “OP_RETURN” output.
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What does the upgrade mean for Bitcoin Cash and its performance?
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The changes will pave the way for more volume usage for the Bitcoin Cash blockchain while also making it friendlier for other uses like non-fungible tokens.
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In a conversation with Stefan Rust, Ex CEO of Bitcoin.com and founder of Sonic Capital, he said: “Innovation is happening on BCH with EVM-compatible and smartBCH, plus NFTs are…
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When we asked Roger Ver for his view on BCH, he said: "Bitcoin Cash is what I started working on in 2011. BCH is a store of value, and a medium of exchange.
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The latest news about the upgrade and Bitcoin Cash's sudden price surge is already fueling speculation about whether it is finally time for the cryptocurrency to tap into its…
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