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Bitcoin Cash (BCH) Airdrops to Celebrate a New Partnership

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Bitcoin Cash
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Bitcoin Cash seems to have a lot going on at the moment, with the most recent airdrop that took place 3 days ago and the latest new partnership BCH team has acquired. In addition to the described success, we can even see BCH keeping it busy in the market as we can see it rising up against the dollar even though the majority of currencies are still under the impression of the latest market trend, which means that a great portion of the market is going down against the dollar at this moment. Let’s find out more about BCH airdrop, Bitcoin Cash’s latest partnership, as well as check out how BCH has been doing these days.

Bitcoin Cash and the New Partnership

Bitcoin Cash has, as of the recent events, acquired a very meaningful partnership that will most certainly help it sky-rocket while gaining more on the exposure of BCH units. In order to step into the next stage of following up with the mass adoption of crypto assets, Bitcoin Cash has partnered up with YeeCall.

YeeCall is a mobile application for online communicating, making chatting and video and voice chat far easier to use. Bitcoin Cash Fund is targeting over 33 million YeeCall users, hoping to be able to become a part of a massive adoption of BCH by the side of YeeCall users.

Due to the most recent partnership, Bitcoin Cash has also organized an Airdrop that took place 3 days ago as the story about the partnership between YeeCall and BCH was slowly kicking off.

That is how Bitcoin Cash had an Airdrop on May 9th due to the agreement that the team behind BCH had with the YeeCall representatives.

The part of the arrangement was to have an Airdrop organized for YEE token holders where 20 BCH units would be awarded as a part of the initial airdrop that took place about 3 days ago.

The requirement needed in order to have eligible users for getting a portion of those 20 BCH as a part of the initial airdrop, was to have at least 10.000 of YEE tokens in your digital wallet at the moment when the system makes a snapshot.

The users who were rewarded during the Airdrop were decided based on the number of tokens they were holding, where the number of YEE tokens could have been greater than the minimal amount of 10.000 YEE.

Bitcoin Cash Had an Airdrop

In order to reward the faithful holders of YEE tokens and celebrate the partnership between YeeCall and Bitcoin Cash Fund, Bitcoin Cash in agreement with YeeCall decided to organize an Airdrop that took place on May 9th.

As a part of the initial airdrop, Bitcoin Cash has made an arrangement with YeeCall to have 20 BCH units awarded to YEE holders. The requirement needed in order to become an eligible holder for winning some of those 20 BCH was to have at least 10.000 units of YEE tokens in your digital wallet.

The awarded holders were being decided based on the amount of YEE tokens, so anyone with the highest number of YEE tokens could win a portion of 20 BCH units.

Given the fact that Bitcoin Cash is being traded above 1000$ per one unit, 20 BCH makes up for a pretty fruitful airdrop.

With the above-mentioned airdrop, the partnership between YeeCall, which represents one of the biggest messaging platforms in Asia with over 33 million users, officially started.

By having BCH implemented into YeeCall application as one of the payment methods available for their users, YeeCall is adding more up to BCH’s exposure, representing it to the wide range of potential BCH holders, which could most probably sky-rocket Bitcoin Cash even further.

How is Bitcoin Cash doing at the Current Moment?

BCH showed a slight case of trading up against the dollar despite the fact that the majority if currencies were going down against the dollar while trading in the red. After showing a trace of doing better in the market when compared to the rest of its peers, Bitcoin Cash then immediately went down although the drop was minor.

In the period of the last 60 days, BCH didn’t make any serious movements given the fact that a great part of this period was in the sign of the market dip. That means that BCH only had a rise of 33% in total against the dollar over the period of two months.

However, we could see it rising up while being traded in the green almost for the entire April, so BCH made it with collecting 110% of rises over the course of the last 30 days.

After the latest change in the market, BCH showed trading up in the green for a moment, despite the market trend, while it went down for -0.81% against the dollar a couple 0of hours ago.

However, we can still see it rising up against BTC, going up against this crypto by 2.45%.

After the most recent change in its value, Bitcoin Cash can be traded at the price of 1411$ per one BCH unit, which is still far from its all-time high of above 4000$ per one Bitcoin Cash unit.

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Disclaimer: This article should not be taken as, and is not intended to provide, investment advice. Global Coin Report and/or its affiliates, employees, writers, and subcontractors are cryptocurrency investors and from time to time may or may not have holdings in some of the coins or tokens they cover. Please conduct your own thorough research before investing in any cryptocurrency and read our full disclaimer.

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Bitcoin

Investors Beware: Another Large Bitcoin Crash Might Be Coming

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Bitcoin crash
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The crypto prices have surged quite high in the last few months. Of course, their progress is nowhere near the one seen in 2017, but they appear to be getting there, one day at the time. However, things might not be as simple as that, and according to recent performance — it is more than possible that a major Bitcoin crash is incoming.

The fact is that cryptos saw a massive amount of growth in a very short period. Bitcoin itself more than doubled its price in only two months. Now, the rally is starting to crash in on itself, and the coin is already about $1,000 lower than last week. If such development does come to pass, a lot of people will experience quite large losses, although experienced investors might find some opportunities, and leverage in order to enhance their holdings’ long-term value.

For example, Bitcoin dominance is expected to crash very quickly, which will work in favor of quite a lot of altcoins. While this does not seem to be the best time to invest in BTC, altcoins are another story, and diversifying a portfolio now might end up being very profitable in days to come.

Bitcoin behavior mirrors the pre-bear market situation

The crash that analysts are predicting right now comes as a direct consequence of all the hype that has been building up in…

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Altcoins

Top 3 Coins to Buy Before They Go Big

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coins
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Crypto bulls are back, that much is clear. The long-lasting, harsh crypto winter is gone, and the new era in digital currency sector opens up some rather interesting opportunities. With many more bull runs expected to come in months ahead, a lot of coins are likely to blow up and maybe even hit new all-time highs, although that still remains purely theoretical.

On the other hand, the fact is that numerous coins are seeing prices that were not achieved since early 2018, and the overall momentum remains bullish. With that in mind, even if new records do not come for a very long time — chances are that many of the coins will blow up enough for investors to see some serious gains in months to come. As a result, investing in some of these coins now might be a very profitable decision, for those who have the patience to wait a few months. Here are some of the projects believed to have the greatest potential to go big in the second half of 2019 and beyond.

1. TRON (TRX)

Putting TRON on the list should not really surprise anyone, as the project constantly comes up with new project updates, partnerships, and alike. It also constantly breaks records, as is becoming one of the biggest players in the dApp and smart contract development sector.

In the past few…

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Blogs

Can Crypto Credit Cards Disrupt the Fight Against Financial Crime?

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crypto credit cards
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It is commonly known that the world of finances has the biggest problem with the crime of all existing industries around the world. It has been so throughout history. While the financial world has evolved, so did the criminal activities, and they continue to be an issue. With the arrival of cryptocurrencies, many were hoping that financial crime might be disrupted. However, for now, at least, it appears that cryptos themselves cannot find a way to resolve issues such as international money laundering.

In fact, when it comes to money laundering, the crypto sector appears to be the weakest link, especially because of the nature of digital currencies. The anonymity that cryptos are being praised for means that anyone can get a payment from an unknown source from anywhere in the world. This method can then be used for financing drug trafficking, cyberattacks, terrorists, and more.

Until recently, it was not easy for bad actors to make use of cryptocurrencies obtained for illegal purposes. The number of merchants willing to accept the coins was low, and criminals were forced to find a way to exchange crypto into fiat currencies. However, this came with a set of issues, such as taking foreign exchange risks and then sending the money through wallets and exchanges to a banking system that would allow withdrawal. The banking account was the biggest obstacle here,…

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