BCH-Led Crypto Rally, New Wallet and Token in the Weekly Update From Bitcoin.com

Bitcoin cash leads the crypto market rally this week, jumping over 50% within 24 hours, a new BCH wallet uses the Cash Accounts protocol, and the first Bitcoin Cash based token has been listed on an exchange. All that and more in this week’s video news update with Roger Ver shared on Bitcoin.com’s Youtube channel.

Also Read: Online Bank Mistertango Offers Crypto Companies Multiple Accounts and Ibans

BCH Catapults Back Into the Top 5

The impressive crypto market rally this week was led by bitcoin cash. The price of BCH spiked well over 50% within just 24 hours on Tuesday, April 2. The cryptocurrency reclaimed its place in the top five digital coins, reaching a market capitalization of over $5 billion.

At the same time, increasing prices and transactions caused significant network congestion on the Bitcoin Core network. The number of unconfirmed transactions in the BTC mempool has been growing steadily, leading to slower and more expensive transfers.

[youtube https://www.youtube.com/watch?v=-ag_Q_WvLJo]

Meanwhile, a new open source bitcoin cash wallet called Crescent Cash has come around. It uses the Cash Accounts protocol by default. Crescent Cash is noncustodial, just like a conventional BCH wallet. The app supports the standard BCH address format Cashaddr.

Also in the news this week, a six-episode documentary series called “Rizki Presents: Blockchain” has been released on Amazon Prime. It focuses on how blockchain technology and cryptocurrencies can change the current fiat system. Episodes 1 and 6 will feature highlights of Bitcoin Cash.

Last but not least, the very first BCH-based SLP token has been listed on an exchange. It’s called Merit (LLM) and is issued by Liberland, a libertarian micronation established on a piece of disputed land between Serbia and Croatia. The LLM tokens can be traded at Altilly.com.

Make sure to subscribe to the Bitcoin.com Youtube channel and leave a comment on the latest video.

Image: Bitcoin.com

Verify and track bitcoin cash transactions on our BCH Block Explorer, the best of its kind anywhere in the world. Also, keep up with your holdings, BCH and other coins, on our market charts at Satoshi’s Pulse, another original and free service from Bitcoin.com.

Tags in this story
BCH, bitcoin cash, Blockchain, Coins, Crescent Cash, Cryptocurrencies, LLM, news update, rally, SLP, Token, Video, Wallet
Lubomir Tassev

Lubomir Tassev is a journalist from tech-savvy Bulgaria, which sometimes finds itself at the forefront of advances it cannot easily afford. Quoting Hitchens, he says: ”Being a writer is what I am, rather than what I do.“ International politics and economics are two other sources of inspiration.

About the author

E-Crypto News was developed to assist all cryptocurrency investors in developing profitable cryptocurrency portfolios through the provision of timely and much-needed information. Investments in cryptocurrency require a level of detail, sensitivity, and accuracy that isn’t required in any other market and as such, we’ve developed our databases to help fill in information gaps.

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CryptoCurrencyUSDChange 1hChange 24hChange 7d
? --- 0.00 % 0.00 %

Bitcoin (BTC) $ 19,709.98
Ethereum (ETH) $ 1,351.17
Tether (USDT) $ 0.998559
USD Coin (USDC) $ 0.99625
BNB (BNB) $ 287.18
XRP (XRP) $ 0.475505
Binance USD (BUSD) $ 1.00
Cardano (ADA) $ 0.433786
Solana (SOL) $ 34.65
Dogecoin (DOGE) $ 0.060534