More

    Bitcoin SV (BSV) Jumps to 5th Spot After Surging Over 100% in 5 Days

    Very close to make a new all-time high

    Bitcoin Satoshi Vision (BSV) is the hottest cryptocurrency right now. The hard fork of the Bitcoin Cash (BCH), which has been originally the hard fork of Bitcoin Core (BTC), is up 41% in the past 24 hours, climbing to $241.15.

    A few days back, BSV was at 9th spot but with 111% gains in the past 7 days, it has jumped three spots up. Momentarily, it even flipped Tether (USDT) to claim the 5th spot.

    Source: TradingView

    While BSV is surging like crazy, nearly $58 million are trading on top ten exchange with real volume as per Messari. In comparison, Bitcoin is recording a trading volume of $1.2 billion and just over $1 billion is managed by Tether.

    On BSV’s parabolic move, ShapeShift CEO Erik Voorhees had this to say, “This is why we delisted it from ShapeShift.”

    Meanwhile, some believe this could be BSV making an exit scam.

    The Keys have Arrived!

    A potential reason behind BSV pumping could be the developments in Craig Wright vs Kleiman court case.

    Rumors are circulating in the market that the final key that is supposed to open Wright's 1.1 million Bitcoin stash has been now delivered to the self-proclaimed Bitcoin creator Satoshi Nakamoto.

    Until February 3rd to Produce Keys

    Wright is accused of stealing half of 1.1 BTC by Ira Kleinman, brother to Wright's deceased business partner David Kleinman. Kleinman is suing for half of Wright’s fortune that is said to be encrypted in a “Tulip Trust.”

    Last week, Judge Beth Bloom of the Federal District Court for Southern Florida, gave him until February 3 to produce the private key that would allow him to give the Kleinman estate their share Wright has been ordered to pay as settlement.

    But judge and Wright's critics have little faith in his ability to produce the necessary information. Wright is known in the crypto community as the Faketoshi.

    “BSV will be top 4 by end of Q1” – Calvin Ayre

    At the beginning of this year, Calvin Ayre, founder of media channel CoinGeek and a believer in BitcoinSV shared some hopium for BSV enthusiasts, promising good things in 2020. Ayre said,

    “Craig and I and others are meeting next week to come up with a plan for helping the BSV ecosystem really explode in 2020. It will do this anyway, we just want to pour some more fuel on.”

    Then on January 13, Ayre tweeted,

    And then today…

    For now, BSV is very close to reaching its ATH of $253 and now it needs to be seen if it would be able to pump to that level or will get dumped before making a new high.

    Bitcoin SV (BSV) Live Price

    1 BSV/USD =$301.7699 change ~ 6.97%

    Coin Market Cap

    $5.5 Billion

    24 Hour Volume

    $986.94 Million

    24 Hour VWAP

    $303

    24 Hour Change

    $21.0214

    Get Free Email Updates!

    *Action* Enter Best Email to Get Trending Crypto News & Bitcoin Market Updates

    I will never give away, trade or sell your email address. You can unsubscribe at any time.

    AnTy
    AnTy
    AnTy has been involved in the crypto space full-time for over a year now. Before his blockchain beginnings, he worked with the NGO, Doctor Without Borders as a fundraiser and since then exploring, reading, and creating for different industry segments.

    [Alert] Use the author's self-conducted information at your own risk, do you own research, never invest more than you are willing to lose.

    [Disclosure] The published news and content on BitcoinExchangeGuide should never be used or taken as financial investment advice. Understand trading cryptocurrencies is a very high-risk activity which can result in significant losses. Editorial Policy \\ Investment Disclaimer

    LEAVE A REPLY

    Please enter your comment!
    Please enter your name here

    3,266FansLike
    2,732FollowersFollow
    4,090FollowersFollow

    Live Bitcoin Price & Latest BTC Chart News

    Today's Latest Crypto News

    Swiss Private Banking Giant Julius Baer Adds Digital Asset Trading And Crypto Custody Services

    The major Swiss wealth management and private banking group Julius Baer just launched, in partnership with Seba, its new custodial and trading cryptocurrency services. The...

    Iran's Ministry of Industries, Mining, and Trade Grant More Than 1,000 Crypto Miners Licenses

    Iran is regulating crypto miners after a new licensing regime has been introduced by the country’s government. According to an official representative from the Iranian...

    CME Gaps for Bitcoin Price Fill over 95% of the Time: Research

    CME Gaps are popular topics that frequently get talked about in the crypto market, which usually has seen Bitcoin dumping. These Gaps occur because unlike...

    The Upcoming Cut in Bitcoin Supply Means Zero for BTC Price Says, Analyst

    Searches for bitcoin halving on Google Trends on an uptrend “Makes no sense” to discuss if the halving is priced in says economist...

    WEF's New Global Consortium To Focus On Cryptocurrency Governance Framework

    The World Economic Forum (WEF) has announced the creation of a global consortium which will come up with a governance framework for all cryptocurrencies...

    BitcoinExchangeGuide is a hyper-active daily crypto news portal with care in cultivating the cryptocurrency culture with community contributors who help rewrite the bold future of blockchain finance. Subscribe on Google News, see the mission, authors, editorial links policy, investment disclaimer, privacy policy. Got News? Contact us, we are human too. Note: nothing here is financial advice, do your own research thoroughly.