Bitcoin, Ether, and XRP Weekly Market Update July 22, 2019

The total crypto market cap added $12 billion to its value during the last seven days and now stands at $290 billion. The top 10 currencies are all in green for the same time frame with Bitcoin SV (BSV) and Tron (TRX) being the best performers with 34 and 17.7 percent of gains respectively. At the time of writing bitcoin (BTC) is trading at $10,614 while ether (ETH) stands at $226. Ripple’s XRP is at $0.329. BTC/USD Bitcoin closed the previous seven-day period at $10,186 with a 9.6 percent decline…

Bitcoin And Crypto Market Approaching Next Break: BCH, XLM, EOS, TRX Analysis

The total crypto market cap is currently trading in a range below the $290.0B resistance. Bitcoin price is also consolidating above the $10,500 support and is preparing for the next move. BCH price broke the $320 resistance, but it is struggling to gain momentum. EOS price is up around 2% and it recently traded above the $4.100 and $4.200 resistances Stellar (XLM) price is slowly moving higher towards the $0.0950 and $0.1000 resistance levels. Tron (TRX) price is likely to continue higher and it might soon break the $0.0300 resistance…

Crypto Market and Bitcoin Could Continue Higher: BCH, EOS, TRX, ADA Analysis

The total crypto market cap started a decent recovery and broke the key $260.0B resistance. Bitcoin price rallied around 10% and broke the $10,000 and $10,500 resistance levels. EOS price recovered steadily and even broke the $4.00 resistance area. BCH price is up more than 5% and it recently cleared the $300 resistance. Tron (TRX) price gained around 8% and surpassed the $0.0250 resistance level. Cardano (ADA) price is still struggling below the $0.0600 level. Bitcoin price jumped more than $1,000 and the crypto market cap is up more than…

Bitcoin and Ether Market Update: July 18, 2019

The total crypto market cap lost another $25 billion of its value since Monday, July 15, and dropped down to $264.5 billion. The top ten coins are mostly in green for the last 24 hours with most of them registering double-digit gains. Bitcoin SV (BSV) and Litecoin (LTC) are the best performers with 15 and 13 percent increase respectively. At the time of writing bitcoin (BTC) is trading at $9,748 on the Bitstamp daily chart, while ether (ETH) stands at $215 and Ripple’s XRP dropped down to $0.312. BTC/USD Bitcoin…

Bitcoin & Crypto Market Near Key Juncture: LTC, BNB, BCH, TRX Analysis

The total crypto market cap declined towards the $235.0B level and recently corrected higher. Bitcoin price is also correcting higher, but it is facing hurdles near $9,800 and $10,000. Binance coin (BNB) price recovered more than 10% and broke the $27.00 resistance area. Litecoin (LTC) price rallied recently above the $80.00 and $85.00 resistance levels. BCH price is slowly approaching towards the key $300 resistance area. Tron (TRX) price is up around 10% and it is currently trading above the $0.0220 level. The crypto market cap and bitcoin (BTC) are…

UK Government Takes on Dirty Money in the Crypto Market with New Economic Crime Plan

From the year 2020 going forward, the United Kingdom government will attempt to make the UK very unsafe for criminal economic activities. This was disclosed in the newly-curated Economic Crime Plan that would take effect next year. Crypto, not surprisingly, is part of the plan as well. The move to partner up with both the private sector and law enforcement agencies was indeed essential as financial fraudulent acts in the UK are denting the reputation of the country as one of the safest destinations to live in and do business.…

Bitcoin, Crypto Market Could Bleed Further: BCH, BNB, LTC, TRX Analysis

The total crypto market cap declined heavily and even broke the $250.0B support area. Bitcoin price settled below the $10,000 support level and spiked towards $9,200. Binance coin (BNB) price dived more than 10% and even broke the $25.00 support level. Litecoin (LTC) price broke the key $90.00 and $85.00 support levels to enter a bearish zone. BCH price failed to stay above the $300 level and recently declined below $285. Tron (TRX) price is down more than 15% and it is approaching the key $0.0200 support area. The crypto…

Crypto Market And Bitcoin Facing Many Hurdles: BCH, BNB, EOS, TRX Analysis

The total crypto market cap recovered after it dived towards the $250.0B support area. Bitcoin price also corrected higher above the $10,500 and $10,800 resistance levels. EOS price is currently consolidating above the $4.100 support area. Binance Coin (BNB) settled below the $30.00 level and it is currently trading near $28.00. BCH price is up more than 10% and it broke the $280 and $300 resistance levels. Tron (TRX) price is slowly recovering and it recently broke the $0.0250 resistance area. Bitcoin and the crypto market cap started a decent…

Market Maker Altonomy Raises $7M in Funding Round Led by Polychain Capital

Cryptocurrency asset management firm Altonomy has raised $7 million in a seed round from digital assets investment company Polychain Capital, according to a press release on July 15. Singapore-based market maker Altonomy is planning to allocate the raised funds to source liquidity for institutional customers like spot and derivatives exchanges. Altonomy provides liquidity for Bitcoin (BTC) futures projects from CME Group and works with stablecoins USDC, Tether (USDT), TrueUSD (TUSD) and Paxos Standards (PAX). The company will ostensibly connect over 60 cryptocurrency exchanges and over-the-counter desks around the world following…

Bitcoin Tumbles Below $10K Mark as Crypto Market Turns Bearish

The crypto market had an excellent first half of the year with an impressively strong run, led by Bitcoin (BTC) and some altcoins. However, the month of July has brought with it its fair share of chaos and prices have fluctuated wildly. Today, the crypto market lost a significant portion of its value, falling below $300 billion, as both Bitcoin and many altcoins plunged on the various exchanges across the world. The total loss of valuation was $22 billion at one point, and experts believe it could continue. Bitcoin Breaks Below…