Bitcoin’s price has slumped back to below the $10,100 support as the altcoins markets endure yet another day in the red. Here are your latest cryptocurrency news and prices.
Latest Bitcoin (BTC) news and prices
Bitcoin (BTC) managed to hit an intraday high of around $10,390 yesterday before slowly trading downwards. At the time of writing, BTC is down by 2.35% and changing hands at $10,050.84 as per data from CoinMarketCap.
As per crypto analysts, Bitcoin’s price broke the $10,250 support area as well as the 100 hourly simple moving average. Furthermore, BTC’s recent slump went as far to the break the $10,100 support area. Lastly, there was a downside spike below the $10,00 level, thus forming a swing low near $9,938.
(Trading at $10,050.84 at 14:00 11 September 2019)
Latest Ethereum (ETH) news and prices
After a nine-month delay and $3.8 million of investment, an upstart manufacturer is ready to produce its first batch of powerful new machines for mining cryptocurrencies ethereum and ethereum classic.
Linzhi, based in Shenzen, China, said Wednesday it had ordered 37 wafers from Taiwan Semiconductor Manufacturing Company, the main parts that will allow it to build about 200 application-specific integrated circuit (ASIC) miners.
(Trading at $178.77 at 14:00 11 September 2019)
Latest Ripple (XRP) news and prices
Ripple’s bearish action is far from taking a breather. The week’s third day of trading has commenced in declines as well. From an opening price of $0.2585, XRP/USD explored lows around $0.2568. Although the cryptoasset touched highs of $0.2609, its upside is still acutely capped by the majestic sellers’ grip.
(Trading at $0.256720 at 14:00 11 September 2019)
Bitcoin Cash (BCH) news and prices
At the Bitcoin Cash City conference in North Queensland, the CEO of Code Valley, Noel Lovisa, announced plans to build a $50 million dollar Bitcoin Cash tech park in the city of Townsville. The plan is to aggregate startup companies and there are more than 12 Bitcoin Cash focused startups already on board. Additionally, the BCH tech park creators aim to create a sister project with a mining and server facility built near the Kennedy Energy Park.
(Trading at $301.94 at 14:00 11 September 2019)
Litecoin (LTC) news and prices
Litecoin hanging on the edge of a cliff; if $70 short-term support caves in, it could refresh $60 support.
Recovery will continue to be limited towards $100 level mostly capped by the 100 Simple Moving Average at $87.29 and 200 SMA at $99.039.
(Trading at $70.85 at 14:00 11 September 2019)
Tether (USDT) news and prices
Tether, Inc. has donated $1 million and has opened an account for USDT donations as aid to hurricane Dorian victims.
Tether is donating $1M and has set up an address to collect donations in Tether (USDt) to support humanitarian relief efforts in the wake of the devastation caused by Hurricane Dorian.
(Trading at $1.00 at 14:00 11 September 2019)
EOS news and prices
EOS is ranked at #7 beneath Tether in the market. It jumped up marginally following a good boost, and EOS is currently priced at $3.76. The trading volume recorded is $1.978 billion, whereas the supply has 931,236,296 EOS coins in play. As of this moment, the total market cap of EOS is $3.501 billion. EOS plunged at a rate of 2.56% in the course of the past 24-hours.
In order to bring in competition in the wake of Spotify’s recent popularity, the Alpha version of Emanate was unveiled. Although this new platform is presently littered with lags, this brings in the next phase involving the adoption of EOS [and its applications in the real world]. More artists shall join in the foreseeable future.
(Trading at $3.75 at 14:00 11 September 2019)
Binance Coin (BNB) news and prices
During the first half of 2019, Binance made announcement after announcement, debuted a DEX, launched margin trading, and so much more. Between the constant positive media attention, and the Binance Launchpad platform for IEOs utilizing the native crypto token of the exchange, driving up demand, the altcoin called Binance Coin’s value skyrocketed as a result.
(Trading at $21.47 at 14:00 11 September 2019)
Bitcoin SV (BSV) news and prices
The data analysis firm found that Bitcoin SV’s hash rate market share touched its all-time low as of September 9, 2019. At its peak, Bitcoin SV occupied almost 9 percent of the total hash rate against Bitcoin and Bitcoin Cash. Nevertheless, the current statistics show a significant drop in Bitcoin SV’s market share – now close to 1 percent.
(Trading at $123.37 at 14:00 11 September 2019)
Monero (XMR) news and prices
Monero is one of the few altcoins which has performed well this year. The 4-hourly RSI is at 32.12 [according to data obtained from the chart linked to XMR/USD pair on tradingview]. Near the end of 9th September, the Awesome Oscillator peaks sunk underneath the zero line, and they have been brown ever since.
Resistance may hamper the growth of XMR beyond $85.411, and support lies close to the $69.223 mark. While other projects focus on scalability [IOTA], cross-border transfers [XRP and Stellar], and other areas; the highlight of Monero is the innate need of anonymity for all. This has led to it being shunned by numerous major exchanges [who are incorporating KYC/AML regulations].
(Trading at $70.55 at 14:00 11 September 2019)
For your daily top cryptocurrency news and price updates, be sure to check in daily at 14:00.