Bitcoin Cash ABC (bcha-usd) Cryptocurrency is currently on bullish momentum by 16.15% in the last 24 hours. At 06:40 EST on Friday, 14 May, Bitcoin Cash ABC (bcha-usd) is at $49.18.
Bitcoin Cash ABC (bcha-usd) Range
Concerning Bitcoin Cash ABC’s daily highs and lows, it’s 17.49% up from its trailing 24 hours low of $41.86 and 2.61% down from its trailing 24 hours high of $50.50.
News about Bitcoin
SEC warns of Bitcoin futures risks in mutual fund investments. According to Bloomberg Quint on Tuesday, 11 May, "His early comments have thrown cold water on speculation that the SEC would quickly approve a Bitcoin exchange-traded fund. ", "On Tuesday, the SEC said it would "consider whether, in light of the experience of mutual funds investing in the Bitcoin futures market, the Bitcoin futures market could accommodate ETFs." The agency also said staff would:"
Musk says Tesla suspending Bitcoin purchases, citing energy use. According to Bloomberg Quint on Wednesday, 12 May, "The company’s website still had information about how to make payments via Bitcoin after Musk’s tweet.", "Optimism grew after Mastercard Inc., Bank of New York Mellon Corp. and other firms moved to make it easier for customers to use cryptocurrencies, fueling the mainstream resurgence that took Bitcoin from about $29,000 at the end of last year to as high as almost $65,000 on April 14. "
Crypto fund pantera says Bitcoin energy concern to impact market. According to Bloomberg Quint on Thursday, 13 May, "There’s a point to think about how renewable the resources are that are used to process transactions on the Bitcoin brand blockchain, but it’s important to remember Bitcoin is only one of the many blockchains," he said.", "On Thursday, he reiterated his belief that Bitcoin could still double in the next five to six months, reaching $115,000 by August. "
What crypto insiders think about Elon Musk’s Bitcoin u-turn. According to Bloomberg Quint on Thursday, 13 May, "Broadly it’s a bit surprising given Tesla bought Bitcoin for their treasury in January and the argument is the same whether you’re using Bitcoin as a store of value or for transactional purposes," said Vijay Ayyar, head of Asia-Pacific at Luno Pte., in an email. ", "This may be the selloff that sets Bitcoin up for new all-time highs," said David Grider of Fundstrat Global Advisors LLC. "
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