Share this article
Coinbase Ending Support for Bitcoin SV
The crypto exchange de-listed Bitcoin SV (BSV) in 2021. Now, it's completely removing support for the token.
Nov 7, 2023, 4:33 a.m.
Make us preferred on Google
Coinbase (COIN) is telling its users to take their Bitcoin SV [BSV] off the platform by January 9 or face liquidation.
“If you fail to withdraw your BSV funds, Coinbase will liquidate any remaining BSV remaining in your Coinbase account,” the notice from Coinbase reads.
STORY CONTINUES BELOW
Don't miss another story.Subscribe to the Crypto Daybook Americas Newsletter today. See all newsletters
The Craig Wright coin, which is said to be the pure “Satoshi’s Vision” version of bitcoin [BTC], is down 1.74% on the news, according to CoinDesk indices data. However, the token trades thinly on the markets with a daily trading volume of $29.5 million and a market cap of $945 million.
Many other crypto exchanges have delisted the token, some responding to Craig Wright’s behavior and others because of the multiple 51% attacks BSV suffered in 2021.
A 51% attack refers to a situation where malicious miners gain over half of a blockchain’s mining power, allowing them to undermine the network by invalidating honest blocks in favor of their own longer chain.
In 2019, Binance CEO Changpeng Zhao ordered BSV to be delisted from his exchange after calling Wright a fraud.
“The real Satoshi can digitally sign any message to prove it. This is as simple as breathing for them. And we have the pub key,” CZ posted on X then.
More For You
Pudgy Penguins is building a multi-vertical consumer IP platform — combining phygital products, games, NFTs and PENGU to monetize culture at scale.
What to know:
Pudgy Penguins is emerging as one of the strongest NFT-native brands of this cycle, shifting from speculative “digital luxury goods” into a multi-vertical consumer IP platform. Its strategy is to acquire users through mainstream channels first; toys, retail partnerships and viral media, then onboard them into Web3 through games, NFTs and the PENGU token.
The ecosystem now spans phygital products (> $13M retail sales and >1M units sold), games and experiences (Pudgy Party surpassed 500k downloads in two weeks), and a widely distributed token (airdropped to 6M+ wallets). While the market is currently pricing Pudgy at a premium relative to traditional IP peers, sustained success depends on execution across retail expansion, gaming adoption and deeper token utility.
More For You
Ripple-linked XRP drops 5%, opening downside risk toward $1.70
Traders are watching $1.80 as near-term support, with $1.87–$1.90 now the key resistance zone.
What to know:
- XRP dropped about 5 percent from $1.91 to near $1.80 as bitcoin’s pullback sparked broad risk-off selling across high-beta tokens.
- The slide accelerated once XRP broke below key support around $1.87 on heavy volume, erasing last week’s gains before buyers stepped in near the $1.78–$1.80 zone.
- Traders now view $1.80 as a crucial support level, with a sustained move back above roughly $1.87–$1.90 needed to signal a corrective pullback rather than the start of a deeper decline.
Top Stories
