#BitcoinSV
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#businessprofessional#networking#introductions#blockchain#web3#bitcoin#bitcoinsv#bsv#earn#earnmoney#earnbsv#earningplatform#digitalcontent#digitalcreators#contentcreators#MeetTheStampers#StampYou#TipProfessionals#TipStampers#BountyChallenge
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BitcoinSV: Today's Best Performer with an 18% Surge
BitcoinSV (BSV) has emerged as the top performer among the top 50 cryptocurrencies, experiencing a significant 18% surge in its value. While Bitcoin (BTC) went through a short-lived roller-coaster ride, it has managed to reclaim the $30,000 mark after briefly dropping to a 10-day low. However, BTC's dominance over altcoins has declined on a daily scale, as several other cryptocurrencies including Litecoin (LTC), Lido DAO (LDO), VeChain (VET), and BitcoinSV (BSV) have seen substantial gains.
BTC's Dump and Pump
Following last week's massive price surge that drove Bitcoin from $26,500 to over $31,000, the cryptocurrency has entered a relatively stable range between $30,000 and $31,000. Yesterday, the bulls attempted to push BTC above the $31,000 mark, reaching a daily high of $31,250. Although it failed to surpass that level, the initial price drop was only $200, and Bitcoin remained above $31,000 for a few hours.
However, the situation changed when a report from The Wall Street Journal (WSJ) emerged, claiming that the U.S. Securities and Exchange Commission (SEC) deemed recent BTC Spot ETF filings by major players such as BlackRock and Fidelity as "inadequate." In response to this news, Bitcoin experienced an immediate price drop, plunging by $1,500 to reach a 10-day low of $29,500. Nevertheless, the bulls once again stepped in, leading to a recovery of almost all the losses. As of now, BTC is hovering around $30,500.
While Bitcoin's market capitalization is close to $600 billion, its dominance over altcoins has taken a hit, falling below the 50% mark. In the past 24 hours alone, BTC's dominance has declined by almost 1%.
LTC Sees 14-Month High
Litecoin (LTC), another prominent cryptocurrency, recently reached a multi-month high, coming close to $100. This surge in price coincided with a significant increase in the network's hash rate, which reached an all-time high ahead of the next halving event. In the past 24 hours, LTC has continued its positive momentum, soaring above $110 for the first time since April 2022.
Other notable performers among larger-cap altcoins include Dogecoin, Polkadot, Ethereum Classic, and Lido DAO, each recording daily gains of up to 7%.
BitcoinSV (BSV) Skyrockets
Among the top 50 altcoins, BitcoinSV (BSV) has witnessed the most significant surge, with an impressive 18% increase in its value, reaching over $50. This surge highlights the growing popularity and demand for BitcoinSV, signaling positive sentiment among investors.
Additionally, Ethereum (ETH) and Binance Coin (BNB) have experienced modest gains of 1.5%, with ETH above $1,900 and BNB above $240.
The Total Crypto Market Cap
Cryptocurrency Market Overview. Source: Quantify Crypto
The total cryptocurrency market cap has remained relatively stagnant, staying just below the $1.2 trillion mark. While individual cryptocurrencies have seen fluctuations in their prices, the overall market has maintained stability.
In conclusion, BitcoinSV has emerged as the top performer among the top 50 cryptocurrencies, experiencing a significant 18% surge. Bitcoin, although facing a temporary setback, has managed to reclaim the $30,000 mark after a brief drop to a 10-day low. However, BTC's dominance over altcoins has declined, as other cryptocurrencies such as LTC, LDO, VET, and BSV have seen notable gains. These market dynamics highlight the ever-changing landscape of the cryptocurrency industry.
Conclusion
In conclusion, BitcoinSV has emerged as today's top performer among the top 50 cryptocurrencies, experiencing an 18% surge. While Bitcoin faced a temporary dip, it has reclaimed the $30,000 mark. However, BTC's dominance over altcoins has declined, and other cryptocurrencies like LTC, LDO, VET, and BSV have shown significant gains. The cryptocurrency market remains dynamic, and investors should stay informed and monitor the performance of different coins. The total crypto market cap has remained relatively stable. As the market continues to evolve, it is crucial to stay updated and make informed decisions.
FAQs
1. What is BitcoinSV? BitcoinSV, also known as BSV, is a cryptocurrency that emerged as a result of a hard fork from Bitcoin Cash (BCH) in 2018. It aims to fulfill the vision of Bitcoin's original creator, Satoshi Nakamoto, by promoting larger block sizes and scaling solutions.
2. How does BitcoinSV differ from Bitcoin? BitcoinSV differs from Bitcoin in terms of its block size and scalability approach. BitcoinSV advocates for larger block sizes, enabling more transactions to be processed per block and potentially increasing the network's scalability.
3. Why did Bitcoin experience a price drop? Bitcoin experienced a price drop following a report from The Wall Street Journal stating that the U.S. Securities and Exchange Commission (SEC) deemed recent BTC Spot ETF filings as "inadequate." This news triggered a brief market reaction and led to a temporary decline in Bitcoin's price.
4. What is BTC dominance? BTC dominance refers to the percentage of the total cryptocurrency market capitalization that Bitcoin holds. A higher BTC dominance indicates that Bitcoin has a greater share of the overall market value compared to other cryptocurrencies.
5. What is the current total crypto market cap? The current total cryptocurrency market cap is just below $1.2 trillion, encompassing the combined value of all cryptocurrencies in circulation.
For more articles visit: Cryptotechnews24
Source: www.cryptopotato.com
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Here is What 2023 Holds for Bitcoin, According to BitMEX https://wonder8news.sgpedia.in/here-is-what-2023-holds-for-bitcoin-according-to-bitmex/ #BitcoinCash #Bitcoin2023 #BitcoinSV #bitmex https://www.instagram.com/p/CqDOTGvBlI0/?igshid=NGJjMDIxMWI=
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COBRA COMPLIES TO DR CRAIG WRIGHT COURT ORDER!
On 17th Nov 2022 in a Tweet by that Read “Court Order” another confirmation that BSV is Dr Craig Wrights, Satoshi Nakamoto’s, Vision of Bitcoin
Cøbra reply’s “Court Oder”
Court order.— Cøbra (@CobraBitcoin) November 17, 2022
FUC pic.twitter.com/Cet29DAnI0— Jevi (@jevidon) November 16, 2022
“Anonymous Bitcoin blogger “Cøbra” stays in the shadows and fails to defend itself in the face of Dr…
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Crypto Wallets: An Introduction
In this article we will discuss about Crypto Wallets.
What is a crypto wallet?
A crypto wallet is an online account that you can store your cryptocurrency in. You can send and receive digital currency through this wallet, without having to worry about storing it on your computer.
Why do I need a wallet?
You might be asking yourself why you would need one. Well, if you don't have a wallet you will not be able to store your cryptocurrency. The best way to store it is on a hardware device such as a USB drive or a memory card. If you want to transfer it from one place to another, you can send it through a payment service.
How do I create a wallet?
You can create a wallet by downloading a wallet application from the internet. There are many available wallets, so it is important to choose the right one for you.
Where can I get a wallet?
There are many different places where you can get a wallet. Some of the most popular places include Coinbase, Mycelium, and Blockchain. It is also possible to get a wallet from a third party company.
Can I access my wallet from anywhere?
Yes, you can access your wallet from anywhere. You can even access it using your mobile phone. This makes it easier to manage your digital currency.
Is it safe to keep my money in my wallet?
Yes, it is very safe to keep your money in your wallet. Your money is stored securely in a database that cannot be accessed by anyone other than you.
Can I send and receive money from my wallet?
Yes you can. You can send and receive money through your wallet. It is important to note that there are different types of wallets, some are more suitable for sending and receiving than others. For example, if you want to send a large amount of money, it is better to use a third party service.
When should I use a wallet?
You should use a wallet whenever you want to send or receive money. It is important to remember that there are different types of crypto wallets, some are better suited to certain types of transactions.
Conclusion
That was a brief introduction to crypto wallets. Hopefully this article has answered all your questions about them.
https://popscrypto.com/index.php/2022/10/26/crypto-wallets-an-introduction/
#bitcoin#bitcoincash#bitcoinsv#blockchain#cryptocurrency#ethereum#ethereumclassic#litecoin#ripple#wallet#xrp#crypto
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Bitcoin SV Surges 30%, BitTorrent and ICP Emerge as Top Cryptocurrency Gainers
Bitcoin SV (BSV), a cryptocurrency that split from Bitcoin, has experienced a significant surge in value, with a 30% increase today and over 80% in the past week. This growth is largely attributed to increased interest from traders in South Korea, particularly on the Upbit exchange. Trading volume on Upbit for Bitcoin SV has reached a dominant 66.8%, surpassing $503 million in value. As a result, Bitcoin SV's market capitalization now stands at $1.7 billion, with a total trading volume of $753.5 million.
The BitTorrent (BTT) token has also seen an 8% increase in value today. This rise is connected to the growing trading activity within the Tron network, which recorded nearly $1 billion in trading volume over the past 24 hours. The recent surge in the value of the BitTorrent token indicates a growing interest in decentralized file-sharing platforms and the associated cryptocurrencies.
In a surprising development, the Internet Computer (ICP) token, which aims to revolutionize web decentralization, has experienced significant daily gains, with a nearly 10% increase. Designed as a decentralized platform, ICP offers secure, trustless, and fast network operations, making it appealing to a wide range of users. Serving as the operational currency of the network, ICP facilitates development fees for programmers and includes governance tools to ensure network stability.
These developments highlight the volatility of the cryptocurrency market and the potential for significant price fluctuations. It also underscores the growing interest in decentralized platforms and file-sharing systems, as well as the role of trading activity from specific regions, such as South Korea. For more details, read the original article.
#BitcoinSV #BSV #BitTorrent #ICP
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@coinmarketcap top 7-Day gainers (3rd Oct, 2023)
1. #Solana (#sol)
2. #bitcoinsv (#bsv)
3. #gala (gala)
4. #THORChain (#rune)
5. #compound (#comp)
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Best Crypto to Buy Now October 2 – THORChain, BitcoinSV, Polygon
Best Crypto to Buy Now October 2 – THORChain, BitcoinSV, Polygon
#cryptoworld #cryptocurrencies #btc #cryptoinvestor #invest #forexlifestyle #cryptotrading #cryptos #bitcoin #cryptocurrency
New Post has been published on https://crynotifier.com/best-crypto-buy-now-october-2-thorchain-bitcoinsv-polygon-htm/
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Visit our free channel and get major insights on Crypto trading and Guaranteed profit communications – Optimism’s native token is also on the rise yet again today, with another 7% increase. N…
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Real World Podcasts
Empowering Podcasters with BitcoinSV check it out here.
Having a digital currency such as bitcoin is a great way to reward users for using a service, and it can even be used to facilitate
microtransactions. It's also a promising payment candidate for the Internet of Things and will fit in well with a new generation of automated services.
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An Unknown Miner Commands More Than 51% of BSV’s Hashpower, Consecutive Strings of Empty Blocks Makes Chain Unreliable
An Unknown Miner Commands More Than 51% of BSV’s Hashpower, Consecutive Strings of Empty Blocks Makes Chain Unreliable
A single miner has managed to overtake a large portion of the Bitcoinsv (Bitcoin Satoshi’s Vision) blockchain capturing more than 80% of the hashrate on October 17. Today, the unknown miner’s hashpower commands around 54% of the Bitcoinsv’s computational power and during the last seven days, the stealth miner captured 64.5%.
Unknown Hashpower Captured 64% of the Bitcoinsv Chain During the Past 7…
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An Unknown Miner Commands More Than 51% of BSV’s Hashpower, Consecutive Strings of Empty Blocks Makes Chain Unreliable
A single miner has managed to overhaul a big portion of the Bitcoinsv (Bitcoin Satoshi’s Imaginative and prescient) blockchain capturing greater than 80% of the hashrate on October 17. Immediately, the unknown miner’s hashpower instructions round 54% of the Bitcoinsv’s computational energy and over the past seven days, the stealth miner captured 64.5%.
Unknown Hashpower Captured 64% of the…
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An Unknown Miner Commands More Than 51% of BSV's Hashpower, Consecutive Strings of Empty Blocks Makes Chain Unreliable- Bitcoin News #cryptoposts #crypto #usa #business #money #success #cryptomarket #money #bitcoin #forex #investment #millionaire #wealth #invest #trading #cryptocurrency #investing #finance #forextrader #financialfreedom #crypto #investor #blockchain
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