Bitcoin SV price surges on unconfirmed rumors that Binance intends to put BSV back on its trading list

By Selena 12/4/20 12:24 PM

Bitcoin SV price has risen sharply following unconfirmed rumors that Binance intends to bring BSV back to its trading list. This is the information disclosed by journalist Colin Wu, who regularly reports on cryptocurrency exchanges.

BSV/USD 4-hour chart | Source: TradingView

Bitcoin SV price is up more than 5% in the last 24 hours following news that Binance will list BSV on the platform

According to Colin Wu, this was due to rumors in the Chinese community that Binance intends to rely on Bitcoin SV on December 8. In which, Bitcoin SV showed a 5.48% gain, to $ 180 with a gain of nearly 13. % in the last seven days.

Binance told Wu that today’s screenshots about opening BSV transactions are false rumors.

— Wu Blockchain（Chinese Crypto Reporter） (@WuBlockchain) December 4, 2020

Bitcoin SV was the result of a Bitcoin Cash hard fork on November 15, 2018. Its inception also caused Bitcoin to drop from $ 6,353 to $ 3,318. The story of Binance delists BSV is related to one of the names making the cryptocurrency market buzz – Craig S. Wright – Australian IT scientist and entrepreneur.

Wright claims to be the real Bitcoin creator and also threatened to sue many crypto influencers for calling him a scam. Among them were podcaster Peter McCormack, Ethereum co-founder Vitalik Buterin and former Bitcoin Jesus, Roger Ver.

On April 15, after Craig Wright started suing influencers in the crypto industry, the head of Binance, CZ, tweeted that Binance would remove BSV and urged other exchanges to do so. the right thing.

Meanwhile, Colin Wu tweeted that Binance rejected the BSV recovery rumors on his platform, calling them “false rumors”.

Binance told Wu that today’s screenshot of the opening of a BSV trade was a false rumor. However, the BSV price still increased during the day.

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