1/14, 2:56 PM (Source: TeleTrader)
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Bitcoin SV surges 35%, Bitcoin Cash up over 10%

Bitcoin SV and Bitcoin Cash extended gains on Tuesday as Craig Wright, the backer of the Satoshi's Vision offshoot of Bitcoin, is expected to provide a United States court with documents that would show he has access to early mined Bitcoins and is, thus, one of the original inventors of the world's most popular cryptocurrency. Wright claims that he is behind the pseudonym Satoshi Nakamoto, credited as the inventor of Bitcoin. The deadline for Wright to submit the documents proving this is February 3.

Bitcoin SV supporter Calvin Ayre also said that there is "a ton of good news coming for the BSV platform over the next 6 weeks," including a book by a "reputable journalist" which will allegedly explain how Wright "created bitcoin."

BSV gained 37.33% at 8:54 am ET to go for $236.11, raising the monthly gain to 154.37%. Meanwhile, Bitcoin Cash jumped 11.64% to $297.97 at the same time, posting a more modest increase of 43.98% for the last month.

Breaking the News / NI