Tanya Abrosimova
Independent Analyst
- Bitcoin.com announced the launch of the proprietary P2P cryptocurrency exchange.
- Roger Ver is no longer a CEO of Bitcoin.com.
- BCH/USD recovers ground following the announcement.
Bitcoin.com launches its own P2P cryptocurrency exchange in September. According to the announcement displayed on the website of the project, the trading platform will go live in 29-day s from now.
The trading platform will supplement the list of other services offered by the company - cryptocurrency wallet, media outlet and crypto casino. Bitcoin.com launches the exchange with the aim to support BCH and other altcoins adoption.
Initially, the platform will support several popular cryptocurrencies with large market value, like Bitcoin (BTC), Litecoin (LTC), Ethereum (ETH), and Simple Ledger Protocol (SLP) launched on Bitcoin Cash protocol. Traders will be able to choose from 50 trading pairs.
Roger Ver believes that that SLP tokens have great potential because of their versatility.
In a separate announcement, Roger Ver stepped down as the Bitcoin.com CEO to the position of executive chairman.
According to the information on the Bitcoin.com website, Stefan Rust is a new CEO, who previously held the position of director of corporate and business development of the company.
“I’m hugely excited to take on the role of CEO working alongside Roger. Together we can now turbocharge the awesome team and great brand that is Bitcoin.com. We will play an integral part in making money work for everybody as society undergoes such an enormous and pivotal change. It’s going to be a wild ride, so don’t miss it,” Rust commented.
Bitcoin Cash, now the fourth digital asset with the current market value of $6 billion has gained nearly 3% in recent 24 hours. Notably, BCH/USD is changing hands at $339, having recovered from the recent low of $255 hit on July 15.
Note: All information on this page is subject to change. The use of this website constitutes acceptance of our user agreement. Please read our privacy policy and legal disclaimer. Opinions expressed at FXstreet.com are those of the individual authors and do not necessarily represent the opinion of FXstreet.com or its management. Risk Disclosure: Trading foreign exchange on margin carries a high level of risk, and may not be suitable for all investors. The high degree of leverage can work against you as well as for you. Before deciding to invest in foreign exchange you should carefully consider your investment objectives, level of experience, and risk appetite. The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with foreign exchange trading, and seek advice from an independent financial advisor if you have any doubts.
Recommended Content
Editors’ Picks
XRP chart signals 27% jump after SEC-Ripple appeals pause and $50 million settlement
Ripple (XRP) stabilized above $2.00 exemplifying a similar pattern to the largest cryptocurrency by market capitalization, Bitcoin (BTC), which holds firmly above $84,000 at the time of writing on Thursday.
Bitwise lists four crypto ETPs on London Stock Exchange
Bitwise announced on Wednesday that it had listed four of its Germany-issued crypto Exchange-Traded products (ETPs) on the London Stock Exchange. It aims to expand access to its products for Bitcoin (BTC) and Ethereum (ETH) investors and widen its footprint across European markets.
RAY sees double-digit gains as Raydium unveils new Pumpfun competitor
RAY surged 10% on Wednesday as Raydium revealed its new meme coin launchpad, LaunchLab, a potential competitor to Pump.fun — which also recently unveiled its decentralized exchange (DEX) PumpSwap.
Ethereum Price Forecast: ETH face value- accrual risks due to data availability roadmap
Ethereum (ETH) declined 1%, trading just below $1,600 in the early Asian session on Thursday, as Binance Research's latest report suggests that the data availability roadmap has been hampering its value accrual.
Bitcoin Weekly Forecast: Market uncertainty lingers, Trump’s 90-day tariff pause sparks modest recovery
Bitcoin (BTC) price extends recovery to around $82,500 on Friday after dumping to a new year-to-date low of $74,508 to start the week. Market uncertainty remains high, leading to a massive shakeout, with total liquidations hitting $2.18 billion across crypto markets.
The Best brokers to trade EUR/USD
SPONSORED Discover the top brokers for trading EUR/USD in 2025. Our list features brokers with competitive spreads, fast execution, and powerful platforms. Whether you're a beginner or an expert, find the right partner to navigate the dynamic Forex market.