Bitcoin’s price continues to hover around the $10,000 support as it approaches the expiration date for its CME futures. Here are your latest cryptocurrency news and prices.
Latest Bitcoin (BTC) news and prices
Fresh data from CoinMarketCap shows a fresh dip for the BTC/USD trading pair over the past 24 hours as the markets dipped from highs of $10,400 to around $10,100.
At the time of writing, Bitcoin is down by 6% and changing hands at $10,184.42. Crypto analysts and commentators expect that Friday’s CME futures expiration will affect the markets. Twitter user “Skew” states that the deadline will see close to 50% of open interest expire.
Historically, futures expiration dates tend to ignite volatility for Bitcoin, but different events have behaved in different ways. However, Skew suggests that sentiments among investors this time around are more bearish.
(Trading at $10,184.42 at 14:00 28 August 2019)
Latest Ethereum (ETH) news and prices
After a failed upside attempt near $195, ETH price started a fresh decline against the US Dollar. The price broke the key $192 support level to move back into a bearish zone. Moreover, there was a close below the $190 level and the 100 hourly simple moving average. On the downside, the $184 level seems to be acting as a decent support. Similarly, there were mostly bearish moves in bitcoin below the $10,300 and $10,400 levels.
(Trading at $186.87 at 14:00 28 August 2019)
Latest Ripple (XRP) news and prices
In the past few days, there was a slow and steady decline in bitcoin, Ethereum and XRP against the US Dollar. After testing the key $0.2900 and $0.2920 resistance levels, ripple started a fresh decline. It broke the $0.2800 support level to move back into a bearish zone. Moreover, there was a close below the $0.2750 level and the 100 simple moving average (4-hours).
(Trading at $0.267254 at 14:00 28 August 2019)
Bitcoin Cash (BCH) news and prices
BCH/USD has had two straight bearish days in a row. In the early hours of Wednesday, the price of BCH/USD has fallen from $307.85 to $306. This Tuesday, the price has fallen from $310.65 to $308.60. The hourly breakdown shows that the price fell from $310.65 to $305 this Tuesday before the bulls rallied back and took BCH/USD back up to $307. The bears then re-entered and took the price down to $304.60. The buyers came back strongly and spiked the price up to $312.15 before it corrected around $306.
(Trading at $308.81 at 14:00 28 August 2019)
Litecoin (LTC) news and prices
Litecoin creator Charlie Lee remains committed to funding the Litecoin Foundation despite rumors that its financials are in the red.
Lee told CoinDesk the crypto bear market hurt the foundation’s numbers much like other projects. Since 2017, Lee’s donations have accounted for some 80 percent of the foundation’s funding.
“The goal, of course, is to get Litecoin Foundation to be self-sustaining from donations, partnerships and merchandise sales,” Lee said. “Until we get to that point, I have and will continue to support the Litecoin Foundation financially as necessary.”
Litecoin Foundation board director Xinxi Wang said donations dropped in the first quarter of 2019 because of the broader bear market. After Q2 audits are complete, Wang expects the foundation’s donation numbers to rise.
(Trading at $72.82 at 14:00 28 August 2019)
Tether (USDT) news and prices
The most popular stablecoin, Tether is the largest payer of gas fees on the Ethereum blockchain, followed by a reported scam, then a cryptocurrency outside the Top 100 coins and is even larger than a major decentralized exchange, according to the ethgasstation.info data.
In the past 30 days, Tether paid USD 267,000 in fees, the gas price provider calculated.
(Trading at $1.00 at 14:00 28 August 2019)
Binance Coin (BNB) news and prices
According to the data [for the BNC/USD pair on tradingview] the daily RSI [for 10 periods] is at 31.04 and is well on the way to reach oversold territory. The peaks for the Awesome Oscillator have been brown for 5 days straight [they lie below the zero line]. The MACD line has been steadily heading beneath the signal for 12 days.
The hack had undoubtedly contributed to the loss in terms of value in recent times. A short while ago, a dusting attack had affected scores of Litecoin addresses [though this attack isn’t too malicious, it is still tantamount to blackmail]. New buyers are necessary for Binance Coin to climb yet again. Changpeng Zhao needs to bring in better plans for the leading exchange in the world.
(Trading at $25.42 at 14:00 28 August 2019)
EOS news and prices
EOS price is currently consolidating above the $3.500 support level and it seems to be preparing for the next major move. If the price breaks the $3.600 and $3.650 resistance levels, there are chances of a decent recovery towards $4.00. Conversely, a downside break below $3.500 and $3.350 might push the price towards $3.000.
(Trading at $3.54 at 14:00 28 August 2019)
Bitcoin SV (BSV) news and prices
Craig Wright has been in the spotlight after losing a legal case against Ira Kleiman yesterday. Wright was ordered to turn over half of his Bitcoin holdings—worth over $5 billion—potentially tanking BTC. However, the effects on his pet project, Bitcoin SV, are not quite as clear.
(Trading at $133.25 at 14:00 28 August 2019)
Stellar (XLM) news and prices
Stellar is ranked at #10, below Bitcoin SV in the market. The price rose slightly; at a rate of 0.24% in the course of the past 24-hours. The trading volume recorded is $103.428 million, while the supply has 19,638,408,809 XLM tokens in play. The total market cap of Stellar is $1.366 billion. As of this moment, XLM is priced at $0.069600.
Monero is ranked at #11 on coinmarketcap after it was ahead of Stellar Lumens for a week. XMR rose by 0.55% in a matter of hours, which brought the price all the way up to $79.11. The trading volume recorded is $77.815 million, whereas the supply has 17,178,251 XMR coins in circulation. The total market cap of Monero is $1.359 billion
(Trading at $0.071117 at 14:00 28 August 2019)
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