Bitcoin Cash Price Registers a 20% Gain – Bitmain IPO and Gemini Hype

Bitcoin Cash Price Registers a 20% Gain – Bitmain IPO and Gemini Hype
фото показано с : nulltx.com

2018-9-27 09:21

After experiencing a 20% gain in the past 24 hours, Bitcoin Cash price is trying to break through the $540 resistance level. Currently trading at $531, BCH is holding the current levels with relative ease.

Gemini announcement

As noted in our previous BCH price analysis article, one factor that could be potentially contributing to the price rise is Gemini’s announcement that they received regulatory approval to list Bitcoin Cash on their platform. Currently the Gemini exchange only supports Bitcoin, Ethereum, and Zcash. Adding Bitcoin Cash and Litecoin into the mix will be a step forward for both coins.

We announced during the Litecoin Summit that we would be launching LTC support on October 13th. We've already received regulatory approval to list BCH but haven't announced a launch date as of yet. We will be sure to let everyone know when BCH is available for trading!

— Gemini (@GeminiTrust) September 26, 2018

Bitmain IPO

Another factor that has been blamed for the BCH price rise was Bitmain’s IPO application. Bitmain is one of the largest companies in crypto, they hold hundreds of millions worth of cryptocurrencies one of them being Bitcoin Cash. In fact, Bitmain holds over 1 million BCH.

It will be interesting to see how the Bitmain IPO will unfold and how much money it will raise. The company has yet to reveal the date of the IPO, the amount of funding they seek for the IPO, and the valuation they are going to use.

Personally, I think things will either go extremely well or extremely poor. ICO funding has been at an extreme low as of late, and most investors are extra cautious before investing any money into an ICO. However, being one of the largest companies in crypto, Bitmain might attract more investors than most ICOs.

Let us know whether you think Bitmain’s IPO will be a success when they do launch it:

Do you think the #Bitmainipo will be a success? Do you think it will raise enough funds?

— Null TX (@nulltxnews) September 27, 2018

Disclaimer: The above is for education and entertainment purposes only. This is not trading or investment advice. Please do your own research before purchasing or trading any cryptocurrency.

The post Bitcoin Cash Price Registers a 20% Gain – Bitmain IPO and Gemini Hype appeared first on NullTX.

origin »

Bitcoin price in Telegram @btc_price_every_hour

Cashcoin (CASH) на Currencies.ru

$ 0.0004289 (+0.63%)
Объем 24H $2
Изменеия 24h: -19.83 %, 7d: -30.46 %
Cегодня L: $0.0004262 - H: $0.0005443
Капитализация $22.93k Rank 999999
Цена в час новости $ 0.0067809 (-93.67%)

price bitcoin gemini gain cash bch registers

Источник: nulltx.com

price bitcoin → Результатов: 126


Фото:

Elliot Wave Theory Says Bitcoin Price Is Headed To $40,000, But The End Game Will Shock You

A technical analyst known as ‘V’ has shared a striking Elliott Wave Theory-based Bitcoin price outlook on X that he believes most market participants are completely overlooking. The chart, plotted on Bitcoin’s weekly timeframe, outlines a multi-year roadmap that could first subject the cryptocurrency to significant downside pressure, potentially triggering a price crash to $40,000 before setting the stage for an explosive rally that could shock investors and traders.

2026-3-4 18:00


Kaspa (KAS) Price Mirrors Bitcoin’s Early Path As Chart Points To New All Time High

Kaspa price is back in focus after a chart surfaced showing a striking resemblance between KAS price action and Bitcoin price behavior before one of its most powerful historical rallies. The visual comparison is hard to ignore, showing a long consolidation phase, gradual upward pressure, and then a sharp expansion that changed Bitcoin’s trajectory completely.

2026-1-21 17:30


Фото:

Bitcoin demand is breaking out, but dealers are mechanically forcing stability: Here is the exact price the dam cracks

Bitcoin is now trading around near $96,000 as spot ETF inflows and options market positioning exert opposing mechanical forces on price behavior. The current price sits just outside a range between roughly $90,000 and $94,000, a band that has persisted despite intermittent surges and declines in spot demand through US-listed Bitcoin exchange-traded funds.

2026-1-16 20:50


Фото:

Bitcoin Big Move Incoming? BTC Whales Are Stacking Long Positions At A Rapid Pace

Bitcoin’s price may be showcasing slight upward movement, but the overall outlook is still quite bearish considering the volatile state of the broader cryptocurrency market. Even with the flagship asset trading below the $90,000 price mark for the past few weeks, expectations for another huge rally remain solid in the hearts of major investors as […]

2025-12-29 19:00


дальше еще 77 новостей →

Партнеры Currencies.ru



Реклама на Currencies.ru

Самое свежее на Currencies.ru

Bitcoin Holds $92,000 as Wall Street Analysts Signal Market Bottom

Bitcoin Magazine Bitcoin Holds $92,000 as Wall Street Analysts Signal Market Bottom Bitcoin hovered near $92,000 as analysts, including Bernstein, pointed to improving technical and macro signals suggesting the cryptocurrency has likely bottomed after a steep fourth-quarter sell-off and may be positioned for a rebound.