21 January 2020 - BTC/ USD – Hourly

23m
cryptodaily

Tone Vays Says Bitcoin (BTC) Is Already 'Faster and Cheaper' Than Bitcoin Cash (BCH). Here's Why

1h
utoday

Bitfinex Launches Sub-Account Feature Amid Growing Institutional Demand in Crypto

1h
coingape

Bitcoin [BTC] Price Breaks Support from Bear Pattern, but Holds Bulls above $8500

2h
coingape

Binance CEO responds to Chainalysis report; says data should be publicly available

2h
bitcoinwarrior

Indian Minister Believes Blockchain Can Transform Government Schools

2h
bitcoinnews

How to get Free XTZ From the Tezos Foundation Faucet

2h
cryptoglobe

Bitcoin (BTC) Price Could Tank to $8,000. Can Things Get Worse for Bulls?

2h
utoday

Ripple (XRP) Just Reversed and $0.25 Is Imminent, Here’s Why

2h
cryptonewmedia

Bitcoin Price Won’t Go Down Quietly: Risk of Bounce Grows

3h
newsbtc

Another Bitcoin Hashrate All-time High has Been Recorded

3h
nulltx

New Taxation Proposal can Boost Cryptocurrency Merchant Adoption » The Merkle Hash

4h
cryptonewmedia

Cryptocurrency Needs Fair Taxation: US Lawmakers Introduce Supportive Legislation

4h
beincrypto

Are We At “Peak-Unicorn” Yet?

4h
bitcoinwarrior

‘Blockchain, not Crypto’ – Samson Mow explains why Bitcoin Lightning and Liquid are Unique

4h
coingape

Is This Why Bitcoin SV Climbed Another 20% In the Last 24 Hours?

5h
cryptonewmedia

UK Contract Seeks Software to Track Cryptocurrency Use

6h
dcebrief

There Are Still Grounds For impeachment Even Without ANY Crime

6h
bitcoinwarrior

CME's Futures Options Sprinted Out of the Gate but a Marathon Lies Ahead

6h
cointelegraph

Bitcoin Just Closed Beneath This Key Level and It Isn’t Good for...

7h
newsbtc

Britain’s Tax Agency Offering Contract for Tech to Combat Crypto Tax Evasion

7h
cointelegraph

Cardano (ADA), Tezos (XTZ), EOS May Pump like Small Cap Altcoins: Analyst

7h
coingape

Bitmain Advised to Rescind U.S. IPO Plans Due to Association with BitClub Ponzi Scheme

8h
beincrypto

Steps For A Regular Person Who Wants To Become A Millionaire

8h
bitcoinwarrior

Sally Ho's Technical Analysis 21 January 2020 LTC BCH

8h
cryptodaily


Bitcoin SV (BSV) Price Skyrockets More Than 100 Percent, Reaches New All-Time High

utoday

7d ago

According to CoinStats data, the Bitcoin SV (BSV) price reached a new all-time high of $324 after surging by more than 100 percent over the last 24 hours. As of now, it is the fifth biggest cryptocurrency by market cap after surpassing Tether (USDT).

The BSV fork was created as a result of a bitter civil war in the Bitcoin Cash community back in November 2018. The coin gained notoriety due to numerous scandals that involve its number one backer Craig Wright who claims to be the real Satoshi Nakamoto. BSV got delisted from some exchanges in 2019, including Binance and Kraken, due to numerous legal threats of the nChain chief.

BSV started 2020 on a high note by smashing its previous all-time high of $239 on Jan. 14. However, after its enormous growth over the last week, the cryptocurrency needs to surge by 270 percent more in order to reach Wright's 2019 target of $1,200.

card

In spite of its miraculous performance, BSV is yet to flip its rivaling fork Bitcoin Cash (BCH) which was also up by more than 30 percent on the day. BSV would need to add more than $400 mln to its market cap in order to make history happen. However, the fact that both of these cryptocurrencies are currently trading neck-and-neck is already historic.

card

An outside observer who is not familiar with the murky world of altcoins will be caught aghast by such massive gains. Even seasoned traders and analysts are also trying to wrap their heads around BSV's gargantuan moves.

One analyst explains that the recent price pump was driven exclusively by Asian traders. Western cryptocurrency exchanges are refusing to touch it. The presumed existence of the third Tulip Trust might be also a key factor behind the BSV rally. On Feb. 3, Wright will have to tell the judge whether a "mysterious" bonded courier delivered his private keys.

$BSV pump is exclusively Asian based. Most Western/U.S. based traders are uninvolved for two reasons: - No western exchanges listed it - Narrative against Craig is strong The Tulips Trust narrative clearly playing a huge role. Won't end until February 1. What happens next?

As reported by U.Today, BSV managed to print a similar price increase on May 30, 2019, due to fake news from China.

Regarding any copyrights issue, please contact us:content@hashbee.com.

0 comments