Bitcoin Cash (BCH), DASH, & VeChain (VEN) – This week has been extremely quiet. There haven’t been any big updates to any of the major blockchain projects. Months ago, the market’s volatility ran high as various countries began implementing various regulations to try and control cryptocurrency. Lately, however, the governments have remained fairly quiet since the latest G20 summit[1] and the market has remained somewhat ‘consistent’ in response. At press time, the entire market cap is sitting just over $435 billion.
Let’s take a look at the coins that are leading the market this morning!
Bitcoin Cash (BCH)
Today’s BCH run-up is in response to the upgrade that its network will go through in five days.
In 8 days, the Bitcoin Cash (BCH) network will undergo a scheduled upgrade. This upgrade increases block size limit to 32MB, and re-enables old OP codes to bring scripting and smart-contract functionality back to Bitcoin. https://t.co/ONZ1IFXYDV pic.twitter.com/vkiQx0xTpV[2][3]
— Bitcoin (@Bitcoin) May 7, 2018[4]
Currently, Bitcoin Cash remains as the fourth largest cryptocurrency by market cap.
At press time, BCH is trading at $1,651.05 a coin, up 5.24%, in 24 hours. For the week, BCH is up 10.8% and for the month, the coin is up 159%.
DASH
The DASH team has been fairly quiet as of late, as the coin currently sits as the 13th largest cryptocurrency by market cap. Earlier today, DASH’s latest partnership was announced and it gives DASH holders access to use their digital tokens at 36 million merchants worldwide.
DASH has just teamed up with Paycent, the subsidiary app of the texcent ecosystem. This app allows its users
