BSV hits multi-week high despite Craig Wright disavowing Satoshi claim

cryptoslatePublicado a 2024-07-17Actualizado a 2024-07-17

Bitcoin Satoshi Vision’s (BSV) value rose to a multi-week high of $46 despite its founder, Craig Wright, being forced to admit that he is not Satoshi Nakamoto, the pseudonymous founder of the original Bitcoin network.

As of press time, BSV was trading at $45.16, up nearly 20% over the past seven days amid the general market uptrend, based on CryptoSlate data.

However, the token is still trading more than 90% below its peak in dollar terms and is nearing its lowest-ever valuation against Bitcoin.

Despite these challenges, BSV continues to draw retail interest, particularly from South Korean traders, who contribute about 10% of its trading volume, according to CoinMarketCap data.

Wright’s Legal troubles

BSV’s gain comes as a surprise amid its founder’s legal woes. On July 16, Wright prominently displayed a disclaimer message on his website, disavowing any connection to Satoshi Nakamoto and acknowledging the court’s findings of his deceitful actions.

The message stated:

“The Court found that Dr Wright ‘lied to the Court extensively and repeatedly’ in his evidence and that he attempted to create a false narrative by forging documents ‘on a grand scale’ and presenting them in evidence. Overall, ‘all his lies and forged documents were in support of his biggest lie: his claim to be Satoshi Nakamoto.'”

The Australian computer scientist has also pinned a similar message on his official account on the social media platform X on July 17.

The disclaimer followed a recent ruling from the United Kingdom High Court of Justice that sought to prevent Wright from continuing his litigation campaign and threats based on his claim to be Bitcoin’s inventor. The judge also referred his case to the Crown Prosecution Service for potential perjury charges.

The crypto community has largely applauded the UK court’s judgment, viewing it as a significant conclusion to Wright’s prolonged false claims.

Nic Carter, a venture capitalist at Castle Island Ventures, said:

“The end of the CSW arc, which was the source of incredible annoyance and genuine peril for many Bitcoin devs and advocates for 8 years (!!), is incredibly satisfying. he is completely humiliated and destroyed. feels incredible.”

Bitcoin SV Market Data

At the time of press 6:01 pm UTC on Jul. 17, 2024, Bitcoin SV is ranked #77 by market cap and the price is down 0.36% over the past 24 hours. Bitcoin SV has a market capitalization of $887.79 million with a 24-hour trading volume of $41.38 million. Learn more about Bitcoin SV ›

Bitcoin SV

6:01 pm UTC on Jul. 17, 2024

$45.00

-0.36%
Crypto Market Summary

At the time of press 6:01 pm UTC on Jul. 17, 2024, the total crypto market is valued at at $2.35 trillion with a 24-hour volume of $85.33 billion. Bitcoin dominance is currently at 53.90%. Learn more about the crypto market ›

Mentioned in this article
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Posted In: , Crypto, Featured, Price Watch
Author

Oluwapelumi Adejumo

Journalist at CryptoSlate

Oluwapelumi values Bitcoin's potential. He imparts insights on a range of topics like DeFi, hacks, mining and culture, underlining transformative power.

Editor Editor

Assad Jafri

Editor & Reporter at CryptoSlate

AJ, a passionate journalist since Yemen's 2011 Arab Spring, has honed his skills worldwide for over a decade. Specializing in financial journalism, he now focuses on crypto reporting.

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A diferencia de las plataformas NFT convencionales, que pueden sufrir de ineficiencias y altos costos, este proyecto ofrece una solución descentralizada y transparente para el mercado de activos digitales. El concepto subyacente gira en torno a la inscripción de datos adicionales directamente en la blockchain de BSV, creando así tokens únicos que pueden representar una multitud de activos digitales. Esta capacidad permite una gama diversificada de aplicaciones, desde arte y coleccionables hasta diversas formas de contenido digital, aprovechando las características inherentes del protocolo BSV. Creador de $BSV (Ordinales) El creador específico de $BSV (Ordinales) no está especificado en la información disponible. El concepto más amplio de Ordinales tuvo su introducción inicial en la blockchain de Bitcoin y desde entonces ha visto adaptaciones y mejoras gracias a las contribuciones de varios desarrolladores, particularmente aquellos enfocados en el entorno de BSV. 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Al inscribir datos en las unidades más pequeñas de la moneda de la blockchain, Ordinales permiten la creación de tokens digitales únicos que representan una amplia gama de activos. Las características clave que distinguen a $BSV (Ordinales) incluyen: Escalabilidad: La blockchain de BSV está diseñada para acomodar un volumen sustancial de transacciones, haciendo que $BSV (Ordinales) sea adecuado para la adopción a gran escala en diversos sectores. Seguridad: Gracias a la robustez de la tecnología blockchain, $BSV (Ordinales) asegura que las transacciones financieras permanezcan seguras y resistentes a la manipulación. Velocidad: El protocolo proporciona velocidades de transacción mejoradas en comparación con marcos de criptomonedas tradicionales, permitiendo escenarios de uso en tiempo real, lo que es una ventaja considerable tanto para creadores como para consumidores. Micropagos: Una característica fundamental de $BSV (Ordinales) es su soporte para micropagos. 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150 Vistas totalesPublicado en 2024.04.04Actualizado en 2024.12.03

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Cómo comprar BSV

¡Bienvenido a HTX.com! Hemos hecho que comprar Bitcoin SV (BSV) sea simple y conveniente. Sigue nuestra guía paso a paso para iniciar tu viaje de criptos.Paso 1: crea tu cuenta HTXUtiliza tu correo electrónico o número de teléfono para registrarte y obtener una cuenta gratuita en HTX. Experimenta un proceso de registro sin complicaciones y desbloquea todas las funciones.Obtener mi cuentaPaso 2: ve a Comprar cripto y elige tu método de pagoTarjeta de crédito/débito: usa tu Visa o Mastercard para comprar Bitcoin SV (BSV) al instante.Saldo: utiliza fondos del saldo de tu cuenta HTX para tradear sin problemas.Terceros: hemos agregado métodos de pago populares como Google Pay y Apple Pay para mejorar la comodidad.P2P: tradear directamente con otros usuarios en HTX.Over-the-Counter (OTC): ofrecemos servicios personalizados y tipos de cambio competitivos para los traders.Paso 3: guarda tu Bitcoin SV (BSV)Después de comprar tu Bitcoin SV (BSV), guárdalo en tu cuenta HTX. Alternativamente, puedes enviarlo a otro lugar mediante transferencia blockchain o utilizarlo para tradear otras criptomonedas.Paso 4: tradear Bitcoin SV (BSV)Tradear fácilmente con Bitcoin SV (BSV) en HTX's mercado spot. Simplemente accede a tu cuenta, selecciona tu par de trading, ejecuta tus trades y monitorea en tiempo real. Ofrecemos una experiencia fácil de usar tanto para principiantes como para traders experimentados.

495 Vistas totalesPublicado en 2024.12.12Actualizado en 2026.06.02

Cómo comprar BSV

Discusiones

Bienvenido a la comunidad de HTX. Aquí puedes mantenerte informado sobre los últimos desarrollos de la plataforma y acceder a análisis profesionales del mercado. A continuación se presentan las opiniones de los usuarios sobre el precio de BSV (BSV).

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