#bitcoin cash
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BSV Price Doubles: What Are the Driving Factors Behind the Surge?
Bitcoin SV, the hard fork of Bitcoin Cash, diverged from the main network in 2018. Its value hovered between $150 and $250 for three years until it dipped below its historic low in November 2022. After 11 months of gradual build-up, BSV began an upward trend, which became more pronounced towards the end of the year. 
Tether terminates support for multiple blockchain networks
The issuer of USDT has resolved to end support for Kusama, Bitcoin Cash SLP, and Omni Layer. This move follows an in-depth analysis of the functionality, safety, and stability of these particular blockchains.
Notably, Omni Layer, Tether's first transport layer since its inception in 2014, was instrumental during its early days. However, it has witnessed a decline in popularity due to rising competitive solutions.
Though minting of USDT on the aforesaid platforms will be terminated, the redemption process will stay in place for a duration extending at least a year. Bitcoin Cash (BCH) Surges 110% in a Week
One of the oldest altcoins, has doubled in price since the beginning of the the last week – from $105 to $220.
Analysts credit this remarkable growth to the backing of the altcoin by the newly launched cryptocurrency exchange, EDX Markets.
EDX is new non-custodial cryptocurrency exchange, backed by major Wall Street players like Citadel Securities, Fidelity, and Schwab, has officially gone live a week ago.
It offers popular options like Bitcoin, Ether, Litecoin, and Bitcoin Cash, while consciously avoiding the list of tokens that the SEC considers to be financial securities. 
The Drivers Behind Bitcoin Cash's 200% Rally
Bitcoin Cash (BCH), widely regarded as one of the most successful Bitcoin forks, has experienced an astonishing 200% price surge within a mere 10-day span. This remarkable achievement positions it among the select few cryptocurrencies to triple their value in such a short period. CashTokens Update from Bitcoin Cash with DeFi Features
Bitcoin Cash (BCH) has taken a significant step forward with the release of the CashTokens update, which allows users to create digital assets within the network. With this update, users can now create their own tokens and develop DeFi applications on the Bitcoin Cash network. 
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