Bitcoin Cash Surges Ahead of Hardfork, Goldman Sachs Onboards Crypto Clients

It’s Invest Diva’s Kiana Danial https://www.investdiva.com/ with News BTC and here’s a summary of what’s been going on in the cryptocurrency market in the past few days. First off Bitcoin Cash (BCH) became the king of top 100 cryptocurrencies as it surged over 20% on Sunday, potentially driven by the upcoming hardfork which is scheduled for November 15th. On that day at around 4:40 PM GMT, the Bitcoin Cash blockchain will split into Craig Wright’s nChain implementation and Bitmain’s Wormhole. Furthermore, Binance, the largest cryptocurrency exchange by trading volume, said it’s going to “support the upcoming bitcoin cash hard fork,” an announcement which added fuel to the already flaming support of the hard fork. Besides Bitcoin Cash, many other digital currencies saw gains last week throughout the weekend. Some of the fundamentals behind the gains may have been Goldman Sachs further foray into the industry as it’s reportedly onboarding clients for future crypto products. In other news, one of the U.S. based largest crypto exchanges, Coinbase announced on Friday that it’ll begin accepting Brave’s Basic Attention Tokens, BAT. Coinbase is famous for creating a positive buzz everytime it adds support for new tokens. However, while BAT saw moderate gains on Friday and Saturday following the announcement, it actually dropped by 1.5% by the end of Sunday’s New York trading session. Basic Attention Token is ranked 30 in terms of coin market cap, with a circulating supply of 1 billion and a total supply of 1.5 billion BATs. Bitcoin and Tether were among other cryptocurrencies that saw moderate drops in an otherwise surging market. Thanks for watching, invest responsibly and subscribe for more updates.

Bitcoin Cash Surges Ahead of Hardfork, Goldman Sachs Onboards Crypto Clients

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Kane Dane