Gate News Bot Message, January 5th, according to CoinMarketCap data, as of press time, BSV (Bitcoin SV) is currently trading at $21.69, up 16.30% in the past 24 hours, with a high of $21.91 and a low of $17.22. The current market capitalization is approximately $433 million, an increase of $60.7 million compared to yesterday.
The BSV blockchain offers the best solutions for enterprise applications and services with its scalability, micro-payments, and low transaction fees. This blockchain features protocol stability, unlimited scalability, and unbreakable security, supporting functions such as smart contracts, on-chain tokens, and compliance regulation.
In 2023, the BSV blockchain has processed over 125 million transactions, demonstrating its excellent scalability. The network can handle 5,000 transactions per second, with a single transaction fee of only $0.0000005, and has cumulatively processed over 3.5 billion transactions. The BSV blockchain supports various use cases including payments, storage, smart contracts, NFTs, and voting, opening up endless possibilities for enterprises and organizations.
Important recent news about BSV:
1️⃣ Legal Litigation Developments Affect Market Expectations
The UK Supreme Court rejected an appeal involving parties related to BSV, concerning approximately $1.3 billion. The certainty of legal proceedings may ease market concerns about risks, support investor sentiment, and positively influence recent price movements.
This message is not investment advice. Please be aware of market volatility risks when investing.
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to
Disclaimer.
Related Articles
Monad Co-founder: The conspiracy theory that Jane Street is suppressing Bitcoin below $150,000 is unfounded
Monad Co-founder Keone Hon posted on the X platform to refute the conspiracy theory that Jane Street is suppressing Bitcoin below $150,000, pointing out that the total market position aligns with the total supply of Bitcoin, and any party can decide to short to increase long positions.
GateNewsBot7m ago
The bear market dominates, Toncoin (TON) faces the risk of plunging to lower price levels
The price of Toncoin (TON) remains in a gloomy tone as it continues to plummet below the $1.29 mark at the time of writing on Thursday. Since the beginning of the week, this coin has lost more than 4% of its value, clearly reflecting increasing selling pressure. The weakening of on-chain indicators, combined with data from the market,
TapChiBitcoin13m ago
Bitunix News: Iran Accelerates Oil Exports, Middle East Risks Rise, Boosting Safe-Haven Sentiment
Iran accelerates crude oil exports, approaching 19.1 million barrels from February 15 to 20, to mitigate the risk of U.S. military actions. The U.S. takes a tough stance on Iran's nuclear issue, and markets are concerned about escalating conflicts, with gold expected to rise by 15%. Risks to oil supply are driving energy price fluctuations, impacting the crypto market, with BTC facing pressure or potential gains. The core risk lies in the geopolitical situation.
GateNewsBot34m ago
Shiba Inu Forms Death Cross as $0.00000590 Support Holds
Shiba Inu experienced a death cross amid rising selling pressure, dropping to $0.00000590 before a slight rebound. Analysts identify resistance at $0.00000733 and $0.00000968, with the token's movement influenced by overall market sentiment and liquidity.
CryptoFrontNews1h ago
XRP Today News: ETF and legislative favorable factors double as catalysts, analysts bullish on $2
On February 25th, XRP price rebounded to $1.4335, an increase of 6.27%, driven by the inflow of U.S. cryptocurrency ETF funds, progress in the Market Structure Bill, and positive NVIDIA earnings reports. Analysts predict that if legislation proceeds smoothly, XRP could surge to $2 in the medium term. Market sentiment remains influenced by multiple factors, including the Bank of Japan's policies and overall market liquidity.
MarketWhisper1h ago
Jane Street's selling pressure disappears? Can Bitcoin continue to rebound?
Bitcoin rises 10% due to market sentiment recovery. Analysts point out that this is related to Jane Street stopping its manipulative activities after being sued. The firm was accused of front-running during the Terra collapse. Although it denies the allegations, the market generally celebrates the end of manipulation. As fear factors diminish, whether Bitcoin can sustain its rebound remains to be seen.
ChainNewsAbmedia1h ago
