In this article, we explore WalletConnect's features, its native token (WCT) and how you can trade WCT on Bybit Spot and Futures.​

WalletConnect is an open source bridging protocol that facilitates secure connections between digital wallets and 

 (DApps). With over 38 million unique active wallets and 57,000 supported apps, it’s getting noticed by the crypto community. In this article, we explore WalletConnect's features, its native token (WCT) and how you can trade WCT on Bybit.​

 protocol that allows users to connect their mobile wallets to DApps via QR code. This eliminates the need for browser extensions, and enhances security by keeping 

The protocol supports a wide range of wallets and DApps, making it a versatile tool for users navigating DeFi and web3.

 is essentially a decentralized infrastructure that facilitates a uniformed way for users to easily connect their crypto wallets with thousands of DApps. It operates through a network of

 that relay messages, ensuring reliable and secure connections. The network's design emphasizes scalability and resilience, catering to the growing demands of DeFi. 

When a user initiates a connection between their wallet and a DApp, WalletConnect establishes a secure session through a relay server that enables encrypted communication, allowing users to interact with DApps directly from their wallets. 

The network's architecture ensures that messages are transmitted efficiently, maintaining a seamless user experience.​

The WalletConnect ecosystem comprises various stakeholders, including node operators, wallet providers and DApp developers. Node operators play a crucial role by maintaining the network's infrastructure and relaying messages. 

To incentivize participation, the network implements a rewards mechanism whereby node operators earn WCT tokens, based on their performance and contribution. Prominent organizations like Consensys, Ledger and Figment are among the network's node operators, underscoring its robustness and reliability.​

 is the native utility and governance token of the WalletConnect network. It has a total supply of 1 billion, 

Initially, WCT is nontransferable to ensure that tokens remain within the WalletConnect ecosystem, supporting its focus on network functionality and development. Based on discussions within the community, transfers will be enabled based on community consensus and future governance decisions.

Where to buy the WalletConnect token (WCT)

 on Bybit Spot, and as a Perpetual contract with up to 75x 

. Bybit provides a secure and user-friendly platform for buying and selling WCT, allowing users to participate in the WalletConnect ecosystem. 

How to trade the WalletConnect token (WCT) on Bybit

Bybit's platform ensures efficient execution and provides various tools to assist users in their trading journey with ease.​ 

Intermediate

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WalletConnect (WCT): Bridging web3 beyond wallets and DApps

Circle has launched the Circle Payments Network (CPN), a global payment solution designed to streamline cross-border transactions using stablecoins like USDC and EURC for real-time settlement. 

The S&P 500 rose 2.51% as investor confidence improved following President Trump’s support for Fed Chair Powell and hints of easing U.S.-China trade tensions, despite tempered optimism and Tesla’s earnings miss. Gold rebounds toward $3,400 as the US Dollar weakens and investor caution lingers over US-China trade and Fed concerns. Technicals suggest a possible pullback, with focus shifting to upcoming S&P Global PMI data. The Coindesk Indices, which tracks the broader crypto market, rose 7.46%, with Bitcoin and Ether up 4.68% and 7.70%, respectively, in the past 24 hours. Trade these markets and more with up to 500x leverage on Bybit MT5 using this 

Today's top performer is DEEP, up 122.1%, following the launch of DeepBook v3.1 on Sui, which unlocks permissionless pools, enhanced balance management, and cost-efficiency for DeFi.

DeepBook (DEEP), launched on July 12, 2023,  is Sui’s native liquidity layer, using a central limit order book to enable high-throughput, low-slippage, and low-fee trading. 

, introduces several key upgrades: permissionless pools, revamped fee mechanics, and enhanced balance management. These changes make DeepBook more accessible, composable, and cost-efficient for DeFi users. Permissionless pools allow anyone to create custom trading pairs, while the enhanced balance manager supports third-party liquidations and improves protocol stability and user experience.

Check out the latest prices, charts, and data of 

, a global payment solution designed to streamline cross-border transactions using stablecoins like USDC and EURC for real-time settlement. CPN offers faster, programmable, secure, and always-available money movement for financial institutions. It supports services like invoice payments, remittances, treasury services, and payroll payouts. Over 20 design partners, including dLocal, WorldRemit, and BVNK, are contributing to building a more efficient global payments infrastructure.

Yesterday, Bitcoin spot ETFs saw $719.2M in total inflows, with $654.1M from non-GBTC funds and $65.1M from GBTC.

 its incentivized testnet, allowing users to earn $SO tokens by testing its cross-chain lending platform. By supplying and borrowing assets across chains and completing quests, participants earn "Seeds," which will convert to $SO at TGE. Powered by LayerZero, Soul aims to unify liquidity across blockchains.

Beginner

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Circle launches Circle Payments Network for faster, secure global transactions using stablecoins

VeChain (VET) is a blockchain platform focused on sustainability, using eco-friendly technology to support green initiatives across industries and drive a more sustainable future.

Sustainability is now the name of the game across many industries. The blockchain industry is one of them, with several projects aiming to reduce the energy impact of their operations or support green causes in other ways. However, on closer inspection, sustainability has received much less attention in the world of blockchain technology than many people may assume. Indeed, the industry's two leading data portals, CoinGecko and CoinMarketCap, have no "Sustainability" or similar category, despite coming up with hundreds of other classifications.

Some smaller-cap projects outside of the top 100, such as 

 (IOTA), do focus on supporting environmental causes. But in the entire list of top 100 cryptocurrencies by market cap, only one project can confidently be described as having sustainability as its key pillar — 

With a market cap of $2 billion (as of the time of writing on Apr 22, 2025), VeChain stands head and shoulders above any other crypto project in the sustainability niche. The project has been fully operational since 2018, and is among the oldest environmentally focused blockchain initiatives. In short, if we talk about sustainability and blockchain, it would be disingenuous not to mention VeChain and its 

Having championed green blockchain causes since 2018, VeChain announced a significant upgrade initiative in late 2024 to be rolled out in stages during 2025. Called Renaissance, it’s envisioned to further solidify VeChain's position as the leader of eco-friendly blockchain use and introduce a host of technical improvements. In fact, 2025 is the year of the most fundamental upgrade to this notable industry player in its entire history on the market, so it's precisely the time to revisit this project in our coverage.

VeChain (VET) is a decentralized project designed to support sustainability-focused blockchain use cases across various industry verticals.

 The company was first conceptualized and founded as a blockchain project in 2015 by Chinese technology professional Sunny Lu. It launched its Layer 1 network, VeChainThor (VTHO), in mid-2018, becoming one of the first decentralized initiatives to support eco-friendly applications on-chain. The VeChainThor network features low transaction fees and high levels of scalability.

For years, the VeChain blockchain has remained probably the leading decentralized platform in the niche of sustainability. As of April 2025, it retains the leadership position, and is ranked 56th among all cryptocurrencies, with a market cap of $2 billion.

VeChain's sustainable blockchain technology

Many blockchains claiming to support environmental causes typically use the 

, which is indeed much more energy-efficient than the power-hungry 

 (BTC). By using PoS, these blockchains have boldly announced that their energy use is much lower than Bitcoin's. While this is true, these platforms are essentially general-purpose networks that don't specifically design their operations with any particular sustainability use case in mind.

Instead of these two typical consensus mechanisms, the VeChainThor blockchain uses 

 (PoA), touted to be even more energy-efficient than the standard PoS employed by 

 chains. In a typical PoA consensus, a smaller number of validators with "authority" — i.e., a history of reliable behavior on the network — are entrusted to process blocks. This is in contrast to PoS, whereby many validators take part in the staking contest to outperform each other in terms of token holdings. They then receive the right to validate the next block, and have to constantly align their consensus process with other 

As a result, PoS is usually less energy-efficient than PoA. VeChain's PoA model elegantly combines efficient processing, minimal energy use and high levels of enterprise-grade security.

The VeChainThor blockchain network's processing engine also features compatibility with the 

 (EVM), making cross-chain communication with the Ethereum world much easier for VeChain developers and 

PoA block validation isn’t the only sustainability-minded feature of VeChain. Unlike many other popular chains, VeChain also directly enables sustainability use cases, primarily by utilizing its tamperproof and transparent data-tracking mechanism. Thus, enterprises across different industries can track and reliably verify the origin of goods and their sustainability status for eco-friendly supply chain management. For instance, supermarket chains can use the platform to track and verify the carbon footprint of the produce they source; logistics companies can calculate the overall emissions generated along their supply chains; and fashion brands can track sustainable sourcing of materials used for their product lines.

Besides its own blockchain, the project also offers a blockchain-as-a-service (BaaS) platform, VeChain ToolChain, to help businesses integrate VeChain's technology into their business processes via standardized smart contract services.

To further position itself as a champion of sustainability, VeChain launched 

 represents an on-chain ecosystem of DApps that reward VeChain users for completing various eco-friendly tasks, such as using reusable coffee cups, shopping for organic products, picking litter off streets and more. VeBetterDAO is the project’s foray into the individual consumer side of environmentalism, which complements the VeChain platform’s long-standing sustainability features for the enterprise world.

In late 2024, VeChain first announced its planned multi-stage upgrade, Renaissance, to make the platform even more efficient. Its changes are envisioned to take place gradually throughout 2025, and possibly beyond. The Renaissance upgrade touches many parts of the platform, with three key areas involved — a new VeChain staking and node model, technical updates and changes to the dual token mechanism. We'll cover the first two areas below, and the changes to VeChain’s tokenomics in the next section.

VeChain’s PoA block validation model uses a group of 101 trusted Authority Masternodes (AMs) who will fully transition to Validators under the new Renaissance model by December 2025. Each Authority Masternode is approved by the VeChain Foundation. These nodes are responsible for generating transaction blocks. You’ll need to 

 at least 25 million VET to participate in block production, which occurs in fixed 14-day cycles.

Under the platform’s pre-Renaissance model, there are two more types of specialized nodes — Economic and X-Nodes — who stake their tokens to a selected AM/Validator and participate in 

 on the platform. After the Renaissance upgrade is fully rolled out, Economic nodes and X-Nodes will be replaced by a tiered system of Delegator nodes.

Delegators will need to stake a certain amount of VET tokens to mint Delegator 

, which will entitle them to different grades of staking reward multipliers. The more you stake, the higher grade of NFT you receive, and the higher your staking rewards will be. When blocks are produced, AMs/Validators will receive 30% of the total block reward, with the remaining 70% going to holders of the Delegator NFTs.

The image below shows the new Delegator NFT–tiered model, with minimum VET staking requirements and reward multipliers.

While the VeChainThor network is EVM-compatible, there are still differences between its technical parameters and the standard EVM used by Ethereum. For this reason, the Renaissance upgrade aims to reach full EVM compatibility, including implementing the JSON-RPC (

remote procedure call) extensively employed within the Ethereum blockchain.

As part of the Renaissance upgrade, the project will also introduce a new set of tools to achieve more seamless cross-chain capabilities. This will involve integrating new 

The VeChain token model has always been based on two cryptocurrencies: VET and VTHO. VET is the 

 that acts as the main means of value storage and transfer on the platform, while VTHO is used to pay for gas. Now, the Renaissance upgrade also changes the way the dual-token mechanism operates.

Before the upgrade fully kicks in, VTHO is still generated by simply holding VET. After the Renaissance, only staked VET will generate new VTHO for the holder. This should better align VTHO with the active participation of users on the platform. VTHO's inflation rate will also be cut by over 70%, as its issuance will be aligned to a new emission model that considers the total amount of VET staked on the platform.

To further reduce the inflationary properties of VTHO, 100% of all base transaction fees on the network, which are all paid with VTHO, will be 

VET is the platform’s value transfer and storage token. It’s also used for governance and access to various features and apps on the network. VET is a supply-capped token with a max supply of just over 86.7 billion. These properties will not change following the Renaissance upgrade.

VTHO, which is used to pay for gas fees on VeChainThor, is an inflationary token with an uncapped supply. It currently has a total supply of almost 88,7 billion. As noted above, after Renaissance, VTHO will be generated via staking only, and will feature a burn mechanism to reduce its inflation rate.

 as a swap pair with USDT, and on the Derivatives market as the 

In addition, you can take advantage of Bybit’s event dedicated to the VET token to grab a share of a 

. New users can earn VET rewards by accumulating a deposit volume of at least 5,000 VET, or by depositing at least 100 USDT and trading 100 USDT worth of VET via their first Spot trade using their Bybit account. Meanwhile, existing users can also qualify for rewards by trading at least 500 USDT worth of VET on the Bybit Spot market. The event runs through Apr 28, 2025, 9AM UTC.

As of Apr 23, 2025, the VET token is trading at $0.02576, which is 90.8% lower than its ATH of $0.281 on Apr 19, 2021, and 1,243.2% higher than its ATL of $0.001917 on Mar 13, 2020.

Long-term price forecasts for VET are mostly bullish. DigitalCoinPrice 

 of $0.088 in 2027 and $0.14 in 2030, while PricePrediction 

In the long term, VET might even rise to $1, at least according to PricePrediction’s forecast. Its portal is highly optimistic, estimating that VET will hit the $1 mark in 2034.

You might consider investing in the VeChain token VET based on the following:

When Sunny Lu created VeChain in 2015, his vision focused on sustainability issues. VeChain's work in this area has led to the creation of the first decentralized network truly dedicated to making a tangible environmental impact. The entire VeChain ecosystem — including the VeChainThor blockchain platform, VeBetterDAO and VeChain Toolchain — continues to serve as a significant enabler of sustainable technology in the business world.

Now, with the Renaissance upgrade being rolled out for the duration of 2025, VeChain aims to solidify its leadership in this sphere. With the Renaissance upon us, it's hard to see any blockchain platform that could challenge VeChain in the area of sustainability anytime soon.

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What is VeChain (VET): Building a sustainable future for all

StablR USD (USDR) is a MiCA-compliant stablecoin, fully backed 1:1 with USD, offering secure, transparent digital payments in the European economy.

 continues to gain ground in the crypto world, most countries are leaning toward having a framework to govern and regulate these digital assets. One such framework is the Markets in Crypto-Assets Regulation (MiCAR, or MiCA for short), the European Union’s gateway for regulating digital assets that aims to provide legal clarity, consumer protection and financial stability.

 — particularly those pegged to fiat currencies — must meet strict standards for transparency, reserve backing and operational governance to be approved for circulation in the EU.

StablR USD is a fully MiCA-compliant, eurozone-issued stablecoin pegged 1:1 to the United States dollar. Built with regulatory alignment at its core, StablR offers a transparent, secure and compliant digital dollar solution tailored for the European market, making it a key player in the future of regulated digital finance.

Let’s learn more about this electronic money token and stablecoin.

 is a company that offers MiCA-compliant electronic money tokens (EMTs) pegged to the dollar at a ratio of 1:1 to each of its fiat equivalents. 

 to provide transparent, secure and regulatory-compliant EMTs that fuel the global economy.

The Malta-based Dutch company currently offers two MiCA-compliant stablecoins: EURR and USDR. EURR is a fiat-backed stablecoin, pegged to the euro 1:1, that runs on the Ethereum blockchain. Meanwhile, USDR is its US dollar–backed stablecoin counterpart that can be redeemed for its fiat equivalent at any time.

StablR is keen on transparency, providing a 

 (PoR) page that shows the current supply and reserves available for its stablecoins. The company leverages a trusted banking custodian to ensure the reserves match or exceed the issued stablecoins.

StablR USD (USDR) is a eurozone-issued, MiCA-compliant 

 fully backed 1:1 with US dollar reserves held in EU-regulated financial institutions. Designed for stability, transparency and regulatory alignment, it offers a secure and compliant gateway to digital finance within the European Union (EU).

Importantly, StablR USD (USDR) isn’t the same as Real USD (USDR), a separate token that recently experienced a significant depeg. StablR USD maintains full transparency and stability, offering real-time reserve attestations, strict compliance with MiCA regulations and the right of redemption for authorized users. This ensures that each USDR can always be redeemed for $1. 

With its strong regulatory foundation and commitment to transparency, StablR USD is positioned as a trusted stablecoin for the future of tokenized finance in Europe.

An electronic money token (EMT) is a type of crypto asset defined under MiCA. EMTs are digital representations of fiat currency — just as the euro or StablR USD (USDR) is a eurozone-issued, MiCA-compliant stablecoin fully backed 1:1 with US dollar reserves held in EU-regulated financial institutions. Essentially, EMTs are a form of stablecoins, and are digital versions of traditional e-money, combining the speed and efficiency of blockchain with the reliability of government-issued currencies.

To be classified as an EMT under MiCA, a stablecoin must meet strict regulatory requirements, including full reserve backing, daily redemption rights and transparency around reserve holdings. Issuers must also be authorized by an EU financial authority, and comply with ongoing audits and consumer protection measures.

EMTs are designed to enable everyday payments, digital commerce and cross-border transactions, offering a compliant and stable alternative to more volatile crypto assets.

You can buy USDR on Bybit’s Spot trading platform (Netherlands only), where it's available as part of two pairs, USDR/USDT and BTC/USDR.

To celebrate the listing, Bybit is holding three special events 

 that will run through May 11, 2025, 9AM UTC. You need to register for the events to get started.

As MiCA regulations take hold, StablR USD (USDR) is leading the way in trustworthy, tokenized value powered by blockchain technology. Its diverse range of use cases, from payments to DeFi, position it as a cornerstone for compliant digital finance. A reliable, MiCA-compliant stablecoin that’s purpose-built for the European digital economy with full 1:1 USD backing held in regulated EU financial institutions and the right of redemption, StablR delivers trust and security in the rapidly evolving stablecoin market.

usdr stablecoin.png

StablR USD (USDR): A trusted digital dollar for a borderless economy

Altcoins

Bitcoin

What makes Bitcoin Cash different from Bitcoin? What exactly is a “fork?” We’re here to take a deep dive into what Bitcoin and Bitcoin Cash really are.

Many people tend to confuse Bitcoin and Bitcoin Cash because they share the same name. With that in mind, what is the actual difference? Did you know that 

Bitcoin Cash nodes used to be a member of the Bitcoin blockchain. Basically, Bitcoin Cash (BCH) is a Bitcoin (BTC) clone. However, there are many similarities and differences that the two share. It’s important to be informed on these shared and divided values when investing in either of these coins. 

What makes Bitcoin Cash different from Bitcoin? What exactly is a “fork?” We’re here to take a deep dive into what Bitcoin and Bitcoin Cash really are, how they came about, and most importantly, how they differ.

At the end of this article, you’ll have full knowledge of the two coins and how to tell them apart. We’ll unfold their past, their present, and their future. Afterward, you’ll be able to choose which one to invest in, or perhaps choose to invest in both.

Bitcoin, or BTC for short, is the first cryptocurrency ever to be released. It is built on 

 technology, which takes away the need for a trustworthy intermediary, or “third party,” in financial transactions, and avoids counterfeiting.

As of May 2021, there are more than 18.5 million BTC circulating in the market. With Bitcoin, there’s a cap on how many can be mined, with a total of 21 million. Bitcoin’s scarcity has been and continues to be one of the largest driving forces behind its price, according to many crypto analysts.

Bitcoin also has many uses, compared to most of the crypto coins out there. It can be used to purchase and sell goods, services and shares in the same way as other currencies. For instance, you can now buy a Tesla with your BTC. However, the way Bitcoin transfers function is slightly different.

Bitcoin miners are people who essentially are rewarded in Bitcoin to protect its protocol. They broadcast transactions to the network, process them and verify them, resulting in the public ledger or blockchain being modified in the nodes (computers) that hold it. The blockchain is entirely autonomous; these nodes can be owned by anyone and everyone.

The term blockchain derives from the way that transactions are submitted and processed in the form of blocks. Bitcoin blocks are exactly one megabyte in size, and block formation usually takes about 10–12 minutes on average. One of the biggest reasons for both Bitcoin’s limited transaction processing speed, which is about 7–10 

, and its scalability issues is the network’s block size.

Bitcoin Cash (which we’ll get into detail about presently) is one of Bitcoin’s largest accomplishments. By far number one in terms of 

 and price, Bitcoin has the most institutional confidence and third-party providers behind it. BTC reportedly accounts for just below 48% of the global crypto market.

The scalability and transaction speed issues we just mentioned are Bitcoin’s biggest drawbacks when compared to Bitcoin Cash. Bitcoin, being the first-ever 

, uses older blockchain technologies. As a result, the transaction processing times for BTC are longer and the fees are significantly higher. This poses a challenge for BTC as more and more powerful altcoins keep entering the market. However, crypto analysts believe that Bitcoin has already made its permanent place into a kind of “digital gold” as a store of value.

” in the past. But what is it exactly? A hard fork is essentially a massive update to a blockchain’s network protocol. A hard fork divides the blockchain into two separate routes: one that follows the previous protocol, and another that follows a modified version.

The first route, or original protocol, is unaffected by the fork (or, in other words, redesign). When the upgraded nodes break out from the original network, they form a separate blockchain. The coins on the forked blockchain are entirely unique, which results in the formation of a whole new cryptocurrency.

Hard forks are usually initiated by developers or individuals who represent the crypto community and wish to add features to the existing blockchain protocol. This, in addition, allows all of the network nodes and users to update to the most recent version of the protocol.

Cryptocurrency investors are automatically awarded tokens in the current fork as a result of the hard fork. To put it into perspective, if you initially owned 10 BTC before the Bitcoin Cash hard fork in 2017, you would have received the same amount of BCH following the fork. Bitcoin has actually had a number of forks to this date which have resulted in some projects such as Bitcoin Classic, Bitcoin Gold, and Bitcoin XT, to name a few. Bitcoin Cash, however, is undoubtedly one of BTC’s most popular hard forks.

Bitcoin Cash (BCH) was created in 2017 as a fork of Bitcoin in order to address some of Bitcoin’s problems as it began to rise in popularity. Bitcoin, which is originally based on the blockchain digital ledger scheme, is able to handle approximately 7–10 transactions per second. This renders it a less-than-ideal cryptocurrency for daily transactions.

Bitcoin Cash came into the picture in an attempt to solve this problem of scalability and transaction speed by raising the block size from 1MB to somewhere between 8MB and 32MB. The larger the blocks, the more transactions that can be accommodated. This then enables miners to process and validate more transactions. When you compare the scalability of Bitcoin Cash and Bitcoin, BCH blocks can handle up to 25,000 transactions per block, whereas BTC can only handle up to 1,500. This gives BCH the upper hand, getting it closer to the original Bitcoin vision — which was to provide an alternative for conventional payment systems over simply being an addition to an investment portfolio.

Despite the block sizes and theoretical differences, Bitcoin Cash and Bitcoin are relatively similar in terms of how they operate. They both rely on a peer-to-peer (P2P) network of nodes or computers that are rendered operational with the help of miners who validate and process transactions in exchange for incentives. On top of that, they also make use of a 

 (PoW) consensus in order to mine new tokens, with a finite supply of 21 million. Previously, the Bitcoin Cash algorithm was used for the purpose of increasing the mining complexity following any 2016 blocks. However, when miners shifted to Bitcoin, the developers made the mining process much simpler. 

Bitcoin Cash also employs the Segregated Witness approach, otherwise known as SegWit, created by developers. Rather than having to save all of the information related to the block’s transaction in the block, SegWit stores it in a separate file outside the block. This allows the blockchain to provide a higher number of transactions per block, which in turn speeds up the processing. Regardless, cryptocurrency proponents have been critical of the workaround, and it remains to be seen if the Bitcoin Cash blockchain will actually accommodate a large number of transactions.

There are a number of similarities and differences on top of just block size. Let’s take a look at a few of them.

Bitcoin Cash holds larger block sizes than Bitcoin does in its blockchain technology. As mentioned, a block in the BCH blockchain is around 32MB, whereas a block in the Bitcoin blockchain is around 1MB. In addition, Bitcoin Cash needs on-chain scaling through the block size, while Bitcoin employs off-chain scaling, using two different layers of technologies. BCH is also relatively robust compared to other extremely volatile cryptocurrencies. It even uses highly secure blockchain technologies to deter data leaks and any potential fund losses.

During Bitcoin Cash’s launch its scalability was touted as one of the product’s key selling points. In addition to Bitcoin’s smaller block size and slower transaction, its transaction fees were higher as well. Bitcoin Cash, on the other hand, has smaller average transaction fees. Bitcoin is having difficulty meeting demand due to its high transaction fees and fixed market supply.

Another key point of dispute among the two coins is that Bitcoin has been viewed more as a store of value than an actual currency. Even now, this is an understandable source of irritation. Bitcoin is already being referred to as “digital gold” with its finite stock, receiving a lot of media coverage. 

On the other hand, as a result of its relatively low fees and fast processing times, Bitcoin Cash is expected to replace Bitcoin as a legitimate currency and provide practical use cases — at least in principle.

Both coins carry substantial worth. While BTC has had morevalue up to now, Bitcoin Cash is rapidly attracting users and value in its own right. Bitcoin Cash is a much younger cryptocurrency, having been around for only several years, compared to Bitcoin, the pioneer crypto.

As a result, it’s also capturing and realizing its own niche in the crypto market. Many people are convinced that Bitcoin Cash’s strengths will enable it to seize a significant portion of Bitcoin’s market share, eventually rendering it the industry’s leading cryptocurrency. According to CoinMarketCap as of the time of writing, Bitcoin has a market cap of $1.08 trillion, while Bitcoin Cash is $25.14 billion.

When it comes to investment, Bitcoin is a pioneer in terms of price. Traditional stock markets crashed just as the global economy entered a major financial crisis in early 2007–08. The price of Bitcoin, on the other hand, increased by more than 12 million percent, which is extremely rare in the field of finance. At the time of writing, it is in a dip from previous all-time highs but is still over 1000% above lows saw during the market crash which happened as the COVID-19 pandemic kicked off in March 2020.

Bitcoin Cash, meanwhile, hasn’t had much of a good run. Its worth has dropped by over 65% since its start back in 2017. More recently, however, it has picked up its pace, running well compared to other top altcoins. At the time of writing, Bitcoin Cash is worth around $1100.

It’s a common misconception that there’s a competition between Bitcoin and Bitcoin Cash, and that one must be superior to the other. Bitcoin Cash is overall much simpler, more practical and less expensive to use for blockchain transactions. Bitcoin, on the other hand, as the first cryptocurrency is the most widely used coin and is arguably the most valuable store of money in the crypto market. Many understandably refer to it as the “King of Cryptocurrencies.”

With more and more investors and institutions adopting Bitcoin Cash, it has the potential to become the primary tool for international and domestic money transfers. Bitcoin can be used as a store of value and is looked to as the gold standard for digital currencies. Both of these coins, however, have the potential to increase in value and global adoption over time, making them worthwhile investments for any investor to consider. Now that you understand the similarities and differences between these two coins, you can make your decision on whether to invest in one or the other, or even both.

So, with the new found knowledge in crypto, why not sign up to Bybit?

Bitcoin vs. Bitcoin Cash: The Similarities and Differences

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