Coinbase has warned Bitcoin SV (BSV) holders to convert their holdings into another asset by January 9, 2024, because it is ending support for BSV. Meanwhile, the crypto market has seen the rise of a new contender, Rebel Satoshi, aiming to promote decentralization amid growing concerns about centralization in the crypto landscape.
Let’s explore the recent BSV and $RBLZ developments and find the best crypto investment opportunity!
- Coinbase has intimated to Bitcoin SV holders that it is ending support for BSV by January 9. Meanwhile, experts predict that BSV can surge by 49% in 2024.
- The market is abuzz with a new crypto coin, RebelSatoshi, for its unwavering commitment to decentralization amid growing centralization concerns. Moreover, analysts believe that $RBLZ can grow over 150% in price during its public presale.
On November 7, 2023, Coinbase, the largest cryptocurrency exchange in the United States, announced that it would entirely remove support for Bitcoin SV.
This move affects customers who store Bitcoin SV on the platform. According to a letter sent to these customers, their BSV holdings will be liquidated unless they withdraw their coins by January 9. It’s important to note that Coinbase initially delisted BSV, also known as Satoshi’s Vision, back in 2021.
This decision followed a “51% attack” on the Bitcoin SV blockchain, which led to network instability. While Coinbase clients haven’t been able to buy or sell BSV since the initial delisting, they could still hold it in their Coinbase wallets.
The news of Coinbase’s complete removal of support for BSV immediately impacted the coin’s price. On November 7, BSV was trading at $49.99. Following the news, the price dipped by 2.98% to $48.50 by November 8. So, per BSV price prediction, is Bitcoin SV the right crypto to buy?
Looking ahead to 2024, price predictions for Bitcoin SV vary. Some experts anticipate the coin’s price will hover around $46.53 at the start of the year, driven by concerns surrounding the platform’s smooth functioning.
However, more bullish forecasts suggest that Bitcoin SV could experience a substantial surge of 49% in 2024, potentially reaching $72.48. This optimistic outlook is influenced by expectations of an upcoming market rally and the 2024 Bitcoin halving event, which has historically affected the broader cryptocurrency market.
Rebel Satoshi has emerged as the best ICO among new Meme projects, sparking excitement and anticipation among investors. Much more than an average meme coin, $RBLZ carries the promise of significant growth for investors.
Rebel Satoshi stands as a crypto project with a compelling mission – to disrupt and revamp the world of digital currencies. $RBLZ doesn’t merely align with the usual norms; it challenges them.
The RebelSatoshi team is unyielding in its commitment to bringing about change, with decentralization, unity, and equity at the forefront of its vision. Moreover, RebelSatoshi aims to unveil the systems that favor a select elite, offering a fresh perspective and a spirited challenge to the cryptocurrency universe.
The native token of the Rebel Satoshi world, $RBLZ, is an ERC-20 standard token. $RBLZ serves as a medium through which participants can engage in quests, earn rewards, and participate in a dynamic community. Additionally, $RBLZ unites all to challenge the status quo and advocate for a decentralized crypto landscape.
Rebel Satoshi currently finds itself in the early stages of its presale, with a token price of $0.01. The crypto community is abuzz with the anticipation of what’s to come. According to market analysts, a significant 29% increase is expected as the $RBLZ’s value is projected to reach $0.013 in the next round.
Moreover, market analysts are optimistic about RebelSatosi’s growth. Experts predict an astounding 150% surge in the $RBLZ’s value by the end of its public presale, igniting the curiosity and investment fervor of many eager to be part of a project that could potentially reshape the cryptocurrency landscape.
Please note that the Discord and Telegram communities are for Recusants and $RBLZ holders only.