Bitcoin Cash (BCH) was born in 2017 from a hard fork of Bitcoin, originally intended to improve transaction efficiency by expanding block capacity. In its early days, it gained market popularity with the narrative of being an 'upgraded version of Bitcoin', and the price surged, attracting many retail investors to enter the market.
In November 2018, the BCH community experienced a serious split in direction, with the core conflict focusing on whether to introduce the 'Infrastructure Funding Plan (IFP)' — a plan that proposed to extract 8% of block rewards for project development. The BCH ABC team, led by Wu Jihan, supported this proposal, while the BCH SV team, led by Craig Wright, firmly opposed it, with both sides accusing each other of violating the spirit of decentralization.
The divide eventually escalated into a hash war, with mining pools from both camps increasing their hash power investments in an attempt to gain control over the chain, causing significant turmoil in the community and the market. After the hash war began, market panic spread, leading to a rapid drop of about 50% in the price of BCH within just a few days, causing significant losses for many retail investors who had high positions and panicked sold.
After the fork, BCH split into two independent public chains, BCH ABC and BCH SV, with the original consensus ecosystem being fractured and liquidity significantly diverted. The prices of both chains remained depressed for a long time, and early supporters of BCH's prospects were trapped for years. This internal struggle was essentially a conflict of interests among different parties, rather than a healthy iteration based on technological innovation, ultimately making ordinary investors, who lacked informational advantages, the victims of the battle for interests.
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$BNB Chain Takes Center Stage in BlackRock’s Tokenized Treasury Expansion 🚀
$BNB Chain is gaining strong attention as BlackRock expands its tokenized Treasury fund on blockchain infrastructure. This move reflects rising institutional trust in on-chain finance and real-world asset tokenization. It also reinforces $BNB Chain’s position as a scalable and reliable network, supporting the broader adoption of tokenized traditional assets across the crypto ecosystem. 🌐📊 Share your thoughts !!! #bnb #crypto #Binance #BNBChain #talatala {spot}(BNBUSDT)
$XRP XRP is showing a short-term bullish bounce after forming a base near 1.85. Price has moved above EMA(7) and EMA(25), indicating short-term momentum recovery, but it is still trading below EMA(99), so the overall trend remains cautious. Buy Zone: 1.90 – 1.93 (pullback area near EMAs) Sell / Resistance: 2.03 – 2.08 (EMA(99) & previous resistance) Strong resistance near 2.17 Stop Loss: Below 1.85 Outlook: As long as price holds above 1.90, a move toward 2.05+ is possible. Rejection near EMA(99) could lead to consolidation or another pullback. ⚠️ Not financial advice. Trade with proper risk management. {future}(XRPUSDT)
Slowly accumulate experience, wait for opportunities, and achieve goals directly in the next round. A famous saying in the cryptocurrency world: short-term trading can ruin three generations, contracts can destroy a lifetime, holding coins can enrich descendants. Over time, you will come to agree with this statement. I didn't believe it before, but after almost five years of experience, I do believe it.🌹🌹🌹#巨鲸动向 #ETH走势分析 #加密市场观察
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