Crypto Market Testing Crucial Support: Bitcoin Cash, Litecoin, EOS, XLM Analysis

The total crypto market cap declined sharply and tested an important support near $210.0B. Bitcoin price is showing signs of a decent recovery above the $7,200 support level. Litecoin (LTC) price failed to stay above the $100 level and recently declined below $90. Bitcoin cash price is down more than $90 from the recent high and broke the $380 support. EOS price is once again below the key $6.20 and $6.00 support levels. Stellar (XLM) price is gaining traction and it is up more than 7% to $0.1310. The crypto…

Bitcoin Price Plunges as Market Volatility Strikes Again

After showing a massive rally over the last few weeks, the bulls finally lose their hold on the market to the bears. Overall crypto market loses nearly $24 billion with Bitcoin price dropping below $7200 levels. Volatility in the cryptocurrency market is back again as Bitcoin and major altcoins prices lost over 10% in a few hours. In the last 24-hours, the overall cryptocurrency market has lost $26 billion currently being at $228 billion. After a week of a solid market rally, it looks like the bulls have lost the…

Crypto Market Trims $30 Billion: Bitcoin Cash, BNB, EOS, TRX Price Analysis

The total crypto market cap corrected lower sharply from the $250.0B resistance area. Bitcoin price is down more than 10% and it recently broke the $7,500 support. EOS price declined heavily below the $6.40 and $6.20 support levels. Binance Coin (BNB) is down around 10% and it is currently trading near the $24.20 support. Bitcoin cash price fell more than 12% and it broke the $400 and $385 support levels. Tron (TRX) price nosedived more than 18% and broke the $0.0300 and $0.0280 supports. The crypto market cap corrected lower…

World Bank Leads Secondary Market Phase of Bond-I Blockchain Bond

The World Bank and Commonwealth Bank have successfully enabled secondary market trading of a blockchain bond, the institutions confirmed in a press release on May 15. The bond, known as bond-i, uses the Ethereum (ETH) blockchain and was the first in the world to leverage the technology fully when it debuted in August last year. Now, a three-way partnership which also included market maker TD Securities delivered what the participants consider a similar first and a further metamorphosis for blockchain bonds. “Enabling secondary trading recorded on the blockchain is a…

Bitcoin and Ether Market Update: May 16, 2019

Total crypto market cap added yet another $31.2 billion to its value since Monday, May 13 and now stands at $261.5. Top ten currencies are all in green for the 24-hour period with Stellar (XLM) and ether (ETH) leading the pack with 24 percent and 16 percent of gains respectively. At the time of writing bitcoin (BTC) is trading at $8,161 on the Bitstamp daily chart, while ether (ETH) stands at $265 and Ripple’s XRP climbed to $0.456. BTC/USD Bitcoin closed the previous week with a 22.5 percent of price…

Crypto Market Rally As Altcoins Join Party: Bitcoin Cash, XLM, EOS, TRX Analysis

The total crypto market cap surged further and tested the key $250.0B resistance level. Bitcoin price is currently consolidating above the $8,000 and $8,100 support levels. Bitcoin cash price surged above the $400 and $425 resistance levels. EOS price is up more than 10% and it recently cleared the key $6.50 barrier. Stellar (XLM) price rallied more than 25% and broke many hurdles near $0.1300 and $0.1400. Tron (TRX) also joined the party and broke the key $0.0250 and $0.0300 resistance levels. The crypto market cap surged above $250.0B, with…

Bitcoin Falls Under $8,000 Again as US Stock Market Sees Discrete Gains

Wednesday, May 15 — most of the top 20 cryptocurrencies are reporting moderate gains on the day by press time, as bitcoin (BTC) has fallen below the $8,000 mark again. Market visualization courtesy of Coin360 Bitcoin is nearly a percent down on the day, trading at $7,975 at press time, according to CoinMarketCap. Looking at its weekly chart, the coin is up over 25.7%. Bitcoin 7-day price chart. Source: CoinMarketCap As Cointelegraph reported earlier today, the CEO of instant cryptocurrency exchange platform ShapeShift told Bloomberg that bubbles are an essential…

Crypto Market Aims $250 Billion Cap: Bitcoin Cash, Litecoin, EOS, XLM Analysis

The total crypto market cap is climbing higher steadily and recently tested the $237.0B level. Bitcoin price is placed nicely above the $8,000 level and it remains supported near $7,800. Litecoin (LTC) price is moving higher towards the $95.00 and $100.00 resistance levels. Bitcoin cash price is currently correcting lower, but it remains supported near $385 and $380. EOS price is now well above the $6.00 level and it seems like the bulls could clear $6.20. Stellar (XLM) price is up more than 10% and it recently cleared the $0.1150…

Crypto Market Rallies $25 Billion, Bitcoin Up 12%: BCH, LTC, EOS, ADA Analysis

The total crypto market cap surged higher and broke the $215.0B and $220.0B resistances. Bitcoin price rallied more than 12% and it recently broke the $8,000 resistance. Litecoin (LTC) price is trading nicely above $90.00 and it could test $95.00 or even $100.00. Bitcoin cash price is likely to break the main $400 resistance level in the near term. EOS price broke the $5.60 and $5.70 resistance levels, and tested $5.95. Cardano (ADA) price is gaining momentum and it could soon break the $0.0800 resistance The crypto market cap surged…

Bitcoin (BTC) Roars Past $8,000, Leaves Bloodied U.S. Stock Market In Its Wake

Bitcoin (BTC) has finally topped $8,000. In a move that can only be described as shocking, the cryptocurrency market returned on Monday, pushing dramatically higher on an array of fundamentalists and what one crypto Youtuber, Ivan On Tech, has called “global FOMO”. Bitcoin Posts Another 10%+ Day Bitcoin now sits at its highest level since mid-2018, posting a 14% gain as of the time of writing this. It isn’t clear when the buying pressure is going to stop, but this is quite a sight to behold. As the leading cryptocurrency…