The cryptocurrency exchange Binance was featured in the latest cryptocurrency news as the one delisting the altcoin Bitcoin SV (BSV). However, it appears that besides the Twitter brawl which led the CEO of Binance to make this decision – other exchanges are doing the same. In the latest altcoin news, the exchange ShapeShift has also decided to drop the cryptocurrency and the exchange Kraken is considering to follow the suit.
In a tweet that was posted on April 15, the CEO of ShapeShift Erik Voorhees revealed that the company came to the decision of stopping to list BSV, stating:
“We stand with @binance and CZ’s sentiments. We’ve decided to delist Bitcoin SV #BSV from @ShapeShift_io within 48 hrs.”
This announcement drew a very negative response from many community members. One even commented:
“This action by you smacks of PayPal cutting off Wikileaks. As a BTC maximalist I don’t like it. It goes against what BTC stands for.”
As a reference, back in 2010 the payments service PayPal froze WikiLeaks’ account, claiming that it violated the PayPal terms of service. This post was also featured on many best cryptocurrency news sites and is quite linked to the coming altcoin news.
Aside from ShapeShift, Kraken is also considering to delist BSV, after posting a poll whether to drop the coin or keep it for the sake of price discovery. Meanwhile, BSV will be delisted from Binance starting next week – after they mentioned that they only delist a coin after an in-depth review, noting that they “believe that this best protects all users.”
This comes a few days after the CEO of Binance Changpeng Zhao (CZ) tweeted a warning in which he said that Binance could delist BSV in response to its creator’s behavior Craig Wright. In the meantime, Wright had set a $5,000 bounty in BSV for information regarding the identity of Hodlonaut (which started the brawl with him). The community reacted on Twitter by creating the #WeAreAllHodlonaut hashtag showing support for the now-deleted account.
Gold-Backed Russian Crypto Could Crush The USD Standard
“As for mutual settlements, we will consider, of course, a proposal on a cryptocurrency that is tied to gold. But, in my opinion, it is more important to develop settlements in national currencies.”Nabuilna explained that CBR is still unsure whether to use cryptocurrencies and how they could be launch into Russia’s monetary system but the idea of a zero-volatility digital asset is inviting:
“The CBR, in principle, is opposed to cryptocurrencies being launched into our monetary system. We do not see the possibility that cryptocurrencies fulfill the function of monetary surrogates. We have prepared an analytical report and will soon present it which will analyze what cryptocurrency is, what is happening in the world, what approaches different countries to have, and what regulation is envisaged. And, if the phenomenon of cryptocurrency in any perspective may cause risks to our macroeconomic stability, we need to understand that.”As noted in one of the best cryptocurrency sites, Russia is under significant economic sanction from the United States.
Crypto Trading In The US Becomes A Nightmare, What’s The Solution?
TRON Community Aims To Get The Token Listed On Coinbase
Hottest Cryptocurrency Is Up 330% This Year (And It’s Not Bitcoin)
“Every time we’ve seen a halving event in Bitcoin or Litecoin, the price has risen astronomically,” is what Mati Greenspan believes, who is a senior market analyst at the trading platform eToro. “So if that pattern continues, what we’ve seen so far is small potatoes in comparison,” he said. “This is quite normal for the crypto market.”Right now, cryptocurrencies are undergoing a major renaissance. While Litecoin is reported as the hottest cryptocurrency this year by many best cryptocurrency news sites, Bitcoin is also triggering a new rally and Facebook with its expected crypto project is additionally fueling up the space. All of the developments happening this year have managed to push the price of Bitcoin by 120% since the beginning of the year - and the price of Ether close to 100% this year. Litecoin remains the hottest cryptocurrency - going from $30 at the end of last year to $130 right now.
Join us on Facebook
- Bitcoin Hash Rate Reaches New High As Price Reclaims $9,000
- Indian Central Bank Denies Knowledge Of Proposed Crypto Ban Bill
- Gold-Backed Russian Crypto Could Crush The USD Standard
- Crypto Trading In The US Becomes A Nightmare, What’s The Solution?
- TRON Community Aims To Get The Token Listed On Coinbase
UPCOMING EVENTS RECOMMEND BY DC FORECASTS
Regulation4 days ago
Financial Action Task Force Wants To Turn BTC Exchanges Into Banks
Ethereum News2 days ago
Ethereum Will Skyrocket By 70% Against BTC: Analyst Prediction
Bitcoin News3 days ago
Bitcoin Tax Evasion Will Be Criminally Punishable: IRS Warns
Bitcoin News3 days ago
Weiss Ratings Upgrades Bitcoin From B- To B: Report
Altcoin News3 days ago
Bitcoin Wraps Around $8,200: Consolidation Could Happen Soon
Bitcoin News4 days ago
Call Center Scam From India Steals $1.7 Million In Bitcoin
Blockchain News4 days ago
Erik Finman Will Bring Crypto To The Masses With The Help Of CoinBits
Altcoin News5 days ago
Coinbase VISA Card Is Now Live In Six European Countries