In case you missed it, Bitcoin SV shocked observers yesterday with its massive short-term gains. At one point, the controversial cryptocurrency asset was up around 140 percent in just a matter of hours.
BeInCrypto has reported on Bitcoin SV several times over the last few days. The cryptocurrency championed by Satoshi Nakamoto claimant Craig Wright has experienced massive gains since the start of January. Over the last day or so, the price went parabolic. Opinions are divided as to the cause of the sudden pump.
Some believe it is the result of organic interest in the asset stemming from rumors that Wright has now filed information in court that might unlock more than one million BTC, half of which the estate of his late business partner claims was stolen. Others have speculated that the price increase might have been caused by market manipulation.
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Rick D.
A former professional gambler, Rick first found Bitcoin in 2013 whilst researching alternative payment methods to use at online casinos. After transitioning to writing full-time in 2016, he put a growing passion for Bitcoin to work for him. He has since written for a number of digital asset publications.
A former professional gambler, Rick first found Bitcoin in 2013 whilst researching alternative payment methods to use at online casinos. After transitioning to writing full-time in 2016, he put a growing passion for Bitcoin to work for him. He has since written for a number of digital asset publications.
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