Bitcoin Eyes Gains as Pound Drops on Brexit Uncertainty

Bitcoin was inching higher on Monday in the UK markets as Pound gave up some part of its last week’s sharp gains. Bitcoin shows upside sentiment as the Pound drops to 1-month low | Image credits: TradingView.com The cryptocurrency surged by 0.76 percent against the sterling as of 1005 UTC to trade at £6,627.90. The minor surge came after the pound dropped by 0.68 percent against the US dollar. The sum of all negativities lied with the statements issued by the European Union on Brexit. Michel Barnier, EU’s chief Brexit…

BNB Gains 23% Plus Other Top-5 Cryptos This Week: LINK, HT, XRP, TRX

The United States Securities and Exchange Commission (SEC) has been in the thick of the action over the past week. First, the SEC rejected the Bitcoin ETF application from Bitwise Asset Management and NYSE Arca. Next, the governing body obtained a temporary restraining order against Telegram and its wholly-owned subsidiary Telegram Open Network (TON) for hosting a securities sale which would culminate with the distribution of Gram (GRM) tokens within the U.S. The SEC claims that the ICO was illegal as Telegram did not register the offering.  While both news…

Crypto Markets Report Mild Gains, While Binance Coin Jumps 7%

Sunday, Oct. 13 — Bitcoin (BTC) continues to bounce around the $8,400 price mark, while most of the top-20 coins by market capitalization report slight gains. Market visualization. Source: Coin360 Cryptocurrency markets are seeing mild gains, generally within a tight range of 1–2%. Binance Coin (BNB), the number eight coin by market capitalization, is the only top-20 coin that that stands out and is surging more than 7.5%.  Bitcoin has been bouncing between $8,300 and $8,400 for most of the day. The world’s most popular cryptocurrency traded from an intraday low…

Crypto Market And Bitcoin Primed For Gains: BNB, BCH, LTC, EOS Analysis

The total crypto market cap broke the key $220.0B resistance to move into a positive zone. Bitcoin price is now trading nicely above the main $8,500 resistance area. Litecoin (LTC) price is still facing a strong resistance near the $60.00 level. BCH price is testing the $235 area and is facing a major barrier near the $240 level. EOS price traded to a new weekly high above $3.300 and it is currently consolidating gains. Binance coin (BNB) rallied more than 10% and broke the key $17.50 resistance area. Bitcoin (BTC)…

Ripple Price (XRP) Correcting Gains: BTC And ETH Rally

Ripple price is currently correcting gains after setting a new weekly high at $0.2872 against the US dollar. The price is trading below the $0.2800 level and it might correct towards the $0.2720 support. There was a break below a connecting bullish trend line with support near $0.2775 on the hourly chart of the XRP/USD pair (data source from Kraken). The price might correct lower towards the key $0.2720 and $0.2700 support levels in the near term. Ripple price is correcting lower against the US Dollar and bitcoin. XRP price…

Altcoins See Mild Gains While Bitcoin Hovers Around $8,100

Friday, Oct. 4 — The top-20 crypto markets are solidly in the green, with just a few reporting mild losses, according to data from Coin360. Bitcoin (BTC) has been trading sideways after its slump from $8,400 to $8,100. Market visualization. Source: Coin360 The price of BTC has remained in a narrow corridor between $8,009 and $8,314 today, the price points which mark the low and the high of the leading crypto on the day. At press time, BTC is trading at around $8,131, up a modest 0.31% and trying to…

Ripple Price (XRP) Hesitates But Further Gains Seem Likely

Ripple price corrected lower recently and tested the $0.2450 support area against the US dollar. The price is currently climbing higher and is trading nicely above the $0.2500 level. There is a key bullish trend line forming with support near $0.2480 on the hourly chart of the XRP/USD pair (data source from Kraken). The price is likely to continue higher and it might soon test the $0.2620 or $0.2650 resistance area. Ripple price is slowly rebounding above $0.2500 against the US Dollar, while bitcoin is consolidating. XRP price is likely…

Ripple Price (XRP) Trimming Gains, Can It Hold Key Supports?

Ripple price failed to break the $0.2620 resistance and declined recently against the US dollar. The price is currently trading near the $0.2450 support and is struggling to bounce back. There is a short term bearish trend line forming with resistance near $0.2510 on the hourly chart of the XRP/USD pair (data source from Kraken). The price is likely to extend its decline and it could revisit the $0.2350 support area in the near term. Ripple price is trimming yesterday’s gains against the US Dollar and bitcoin. XRP price is…

Top-20 Coins Report Mild Gains and Losses, BTC Moves Steadily Further From $8,000

Tuesday, Oct. 1 — After signs of recovery in recent days, the leading crypto Bitcoin (BTC) has maintained its price above the $8,000 mark. However the top-20 coins chart on Coin360 is showing mixed signals today, with modest gains and losses. Cryptocurrency market daily overview. Source: Coin360 Bitcoin is up 2.23% over the last 24 hours, and is trading at around $8,364 at press time. Bitcoin has seen low volatility during the day, having dropped to as low as $8,191, while the intraday high reached $8,529. In terms of a…

Ripple Price (XRP) Gains 10%: ETH & BTC Rebounding

Ripple price climbed higher recently above the $0.2450 and $0.2500 resistances against the US dollar. The price is currently trading near the $0.2620 resistance area and is consolidating gains. There was a break above a major bearish trend line with resistance near $0.2415 on the hourly chart of the XRP/USD pair (data source from Kraken). The price might correct a few points, but it is likely to test the main $0.2650 resistance in the near term. Ripple price is showing signs of a decent upside correction against the US Dollar…