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Today’s Bitcoin SV price today is $51.96 with a 24-hour trading volume of $78,189,08. Bitcoin SV is down 7.49% in the last 24 hours. The current CoinMarketCap ranking is #45, with a live market cap of $992,554,981. It has a circulating supply of 19,102,602 BSV coins and a max.
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While BTC insists on small blocks (one megabyte per block), BSV has opted for big blocks, ultimately with unlimited block sizes.Īfter examining Bitcoin Core and Bitcoin Satoshi Vision compared to the original vision set forth in the whitepaper, forum posts, emails, and other writings by Satoshi, it is our opinion that Bitcoin Satoshi Vision is the implementation that currently best represents what Satoshi originally intended. What’s the BTC versus BSV furor? On the surface, the most prominent difference between BTC (Bitcoin Core) and BSV (Bitcoin Satoshi Vision) is the choice of block size. Recently, a renowned banking platform Galoy has introduced a Bitcoin-backed synthetic dollar with an intention to "solve short-term volatility price risk.While others are worried about price action, #BSV is creating the market. Two US senators contemplate proposing a legislation bill that would hand responsibility to the Commodity Futures Trading Commission (CFTC). However, he will remain at the company as chairman, and will still be in charge of its Bitcoin strategy.Īs for more wide-ranging crypto and Bitcoin news, cryptocurrency regulation in the US could perhaps become less chaotic. 917 million of this loss came from Bitcoin investments. Saylor has stepped down from his position as Microstrategy CEO after the company reported losses of over $1 billion. One prominent Bitcoin supporter in the news today is Microstrategy's Michael Saylor. Marathon CEO Fred Thiel said: Energisation delays, maintenance and weather issues in Montana, and an approximately 56% decline in the price of bitcoin during the quarter, severely impacted our bitcoin production and financial results.Įlsewhere, NY Times highlighted the "Bitcoin evangelists", more commonly known as Bitcoin maximalists, who are buying the Bitcoin dip, in the hope of extracting profits in the future when Bitcoin regains its former momentum. Marathon said it produced only 707 BTC in Q2 compared to over 1250 in Q1, citing various reasons. While some may initially suspect this is because of the general crypto market, it seems this is only a partial reason.
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The latest Bitcoin news today concerns one of the largest Bitcoin mining companies - Marathon Digital Holdings - reporting a loss of $191.6 million in Q2 2022. The report further adds that US inflation has slowed by nearly 8.5% impacting the prices of BTC soon after the data was released on the internet.īitcoin had briefly crossed the $25000 threshold after months, however BTC has yet again retracted its steps, hovering near $24000 as of August 15. Bitcoin has responded positively to the news jumping to $24,000 on August 10. The recently released CPI data has brought positive news for the market as it mentions details on how UD inflation is declining, which in turn may provide some respite to the markets worldwide.