Press "Enter" to skip to content

Bitcoin Cash {BCH} fluctuates; Dallas Mavericks enables Bitcoin Cash payments, Lightning Labs co-founder scrutinized

Bitcoin

Bitcoin Cash is ranked at #4, ahead of Litecoin on coinmarketcap. The price of BCH dropped slightly at a rate of 0.03%. The trading volume recorded is $2.204 billion, whereas the supply has 17,949,763 BCH coins in play. The total market cap of Bitcoin Cash is $5.453 billion. At present, BCH is priced at $303.83.

Mark Cuban, a renowned billionaire who is a regular on “Shark Tank”, is the owner of Dallas Mavericks. In spite of Mark being skeptical about Bitcoin being a “safe haven”, a press release states that fans can use BitPay to enable payments involving both Bitcoin and Bitcoin Cash. Cuban has been unpredictable, much like the king coin prior to this move.

Dallas Mavericks will face-off against DC Wizards this October. Tickets can be bought by spending BTC or BCH.

Elizabeth Stark, the woman behind Lightning Labs, has denied allegations against her which claim that she insisted that the SEC take a look at the Bitcoin Cash network.

Roger Ver of Bitcoin.com had earlier called out Elizabeth Stark and Jack Dorsey. Majority of the community however, chose to not side with Roger this time:

The 4-hourly chart [for the LTC/USD pair on tradingview] shows that support exists near $267.44. Key resistance will be felt if the altcoin manages to rise beyond $355.

Disclaimer - OBN is an informational website which aims to give the latest blockchain related news to the readers. Articles on OBN should not be considered as investment advice. Trading cryptocurrencies is a high-risk investment, every user is advised to consult an expert before making any decisions.