in , , , , ,

Bitcoin Cash vs Bitcoin SV: The War still continues

After the hash wars, Bitcoin Cash and Bitcoin SV are now fighting for the price and the market capitalization of their sides.
After the hash wars, Bitcoin Cash and Bitcoin SV are now fighting for the price and the market capitalization of their sides.

After the hash wars between two teams which led to the hard fork of Bitcoin Cash last month also leading to the massive downfall of cryptocurrency prices are now fighting for the price and the market capitalization of their sides.

Yesterday, the Bitcoin SV (Bitcoin Satoshi Vision) went above Bitcoin Cash in both market capitalization and price with Bitcoin SV rising above $110 and Bitcoin Cash close to $100.

 

Bitcoin Cash vs Bitcoin SV

Today, however, after the listing confirmation for Bitcoin Cash from Kraken, one of the top cryptocurrency exchanges worldwide owned by the Winklevoss Twins, both the price and the market cap of the cryptocurrency showed an increase which led to Bitcoin Cash defeating Bitcoin SV in both price and market capitalization once again.

According to Gemini Exchange, they are not supporting Bitcoin SV at the moment and only put forward their support for Bitcoin Cash or Bitcoin ABC: Users can deposit Bitcoin Cash to their Gemini exchange accounts starting from today i.e. December 8th, 2018. However, the trading of Bitcoin Cash will start from Monday, 10th of December.

According to Eric Winer, the engineering VP at Gemini Exchange, they shall evaluate Bitcoin SV over the coming month and then decide whether to list or not list Bitcoin SV in the future.

According to Gemini, they have obtained the approval to list Bitcoin Cash on their exchange from the New York State Department of Financial Services.

 

Bitcoin Cash stands at the 5th position in the top cryptocurrency list according to market cap and is currently trading around $108.26 with a market capitalization of around $1.9 billion according to CoinMarketCap data. However, Bitcoin SV stands at the 7th position while trading around 103.07 with a market capitalization of around $1.8 billion.

 

Which of these will stand ahead in future? What do you think? Tell us in the comments section below.

Avatar

Written by Joyce Lang

Comments

Leave a Reply

Your email address will not be published. Required fields are marked *

Loading…

0

Comments

0 comments

Security tokens are being advertised as the next big thing in the world of cryptocurrency. While SEC has said that every token issuance is a security.

Security Tokens: The next big thing in cryptocurrency

In the last 24 hours, around 7989 Bitcoin was transferred to Bitfinex Exchange probably for selling. Here are the details of the transactions.

Bitcoin Whale Alert: 7989 BTC transferred to Bitfinex