#bitcoin cash

EDX Markets, an American institutional cryptocurrency exchange, has removed Bitcoin Cash (BCH) from its list of tradable assets. However, the exact reason for this decision has not been disclosed.

The issuer of USDT has resolved to end support for Kusama, Bitcoin Cash SLP, and Omni Layer. This move follows an in-depth analysis of the functionality, safety, and stability of these particular blockchains. Notably, Omni Layer, Tether's first transport layer since its inception in 2014, was instrumental during its early days. However, it has witnessed a decline in popularity due to rising competitive solutions. Though minting of USDT on the aforesaid platforms will be terminated, the redemption process will stay in place for a duration extending at least a year.

One of the oldest altcoins, has doubled in price since the beginning of the the last week – from $105 to $220. Analysts credit this remarkable growth to the backing of the altcoin by the newly launched cryptocurrency exchange, EDX Markets. EDX is new non-custodial cryptocurrency exchange, backed by major Wall Street players like Citadel Securities, Fidelity, and Schwab, has officially gone live a week ago. It offers popular options like Bitcoin, Ether, Litecoin, and Bitcoin Cash, while consciously avoiding the list of tokens that the SEC considers to be financial securities.