Bitcoin Cash has surged by 100% in 7 days! Why is $BCH outperforming all of the other cryptos? Read here -
shows that liquidations for trades involving the coin have also moonshot this week and have mostly impacted short traders, indicating that something of a short squeeze is underway.Bitcoin Cash’s approval by an exchange backed by Wall Street incumbents may be viewed as tacit approval of the coin’s safe regulatory status compared to other altcoins.
The U.S. Securities and Exchange Commission sued crypto exchange giants Binance and Coinbase earlier this month for listing many alleged “securities” including large caps coins like Cardano , Solana , and Polygon . The four coins listed have already been granted regulatory safeguards in certain segments of the global crypto market. Canada, for example,
a net buy limit on exchange users of $30,000 per year for most cryptocurrencies, but excludes BTC, ETH, LTC, and BCH from that rule.that he considers Bitcoin a unique commodity because of its “unique history and creation story.” Bitcoin Cash, however, is a mere fork of Bitcoin’s blockchain code, sharing Bitcoin’s history in terms of how it is issued.
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