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Latest cryptocurrency news and prices, 23 September 2019

Bitcoins price has plunged back below $10,000 as Bakkts futures trading platform goes live. Here are your latest cryptocurrency news and prices.

Bitcoins price has plunged back below the $10,000 resistance as Bakkts launch of its futures trading platform went live yesterday. Here are your latest cryptocurrency news and prices.

As of around 8 pm last night (Sunday 22 September), Bakkts hotly-anticipated BTC futures platform was launched. Bakkts new platform is the first of its kind to garner approval from U.S. regulators and is also a product of ICE, the operator of the New York Stock Exchange.

The news of Bakkts launch and plans to include BTC futures trading broke over a year ago but the platforms launch has endured numerous delays pertaining to regulatory concerns.

Latest cryptocurrency news and prices, 30 September 2019

Ripple expands operations to Iceland via an acquisition of a crypto trading firm

Bitcoin price hovers around $7,800 as altcoins endure continued sideways trading

Latest cryptocurrency news and prices, 27 September 2019

(Trading at $9,964.09 at 14:00 23 September 2019)

After testing the $225 level, ETH price started a downside correction against the US Dollar. The price broke the $215 and $212 support levels to move into a short term bearish zone. Moreover, there was a close below the $212 level and the 100 hourly simple moving average. The recent decline gained pace below the $210 level and the price traded as low as $206.

At the moment, Ethereum price is correcting higher above the $210 level. It broke the 23.6% Fib retracement level of the recent decline from the $218 high to $206 low. However, the bears are protecting the $212 resistance area and the 100 hourly SMA. Moreover, the 50% Fib retracement level of the recent decline from the $218 high to $206 low is sitting tight near the $212 level.

(Trading at $210.82 at 14:00 23 September 2019)

Ripple price continued with the lower leg action throughout the weekend session. The trading on Monday also started with the bears cementing their position and influence over the price. Ripple is down 1.1% on the day after opening the day a $0.2761 and adjusting to the current value of $0.2737.

Characterizing XRPs market is low volatility levels and decreasing trading volumes. According to the data by CoinMarketCap, XRP trading volume hit a high of $2.5 billion on Wednesday but barely stands at $1 billion at the time of writing.

(Trading at $0.275490 at 14:00 23 September 2019)

Bitcoin Cash ABC fell by 1.21% on Sunday. Following on from a 1.24% decline on Saturday Bitcoin Cash ABC ended the day at $310.99.

A third consecutive day in the red left Bitcoin Cash ABC up by just 0.8% for the week.

Bearish from the start of the day, Bitcoin Cash ABC slid from an early morning intraday high $309.51 to an early morning low $303.77.

The sell-off saw Bitcoin Cash ABC fall through the first major support level at $308.41 and second major support level at $305.83.

(Trading at $306.30 at 14:00 23 September 2019)

Litecoin (LTC) has gained close to 1.5% in the last 24 hours, pushing its market capitalization up to a respectable $4.6 billion. The cryptocurrency is now up just over 1% for the week.

Todays gains continue a three-week-long uptrend, which has seen Litecoin grow from under $65 up to its current value of $73.64. Like most major cryptocurrencies, LTC has witnessed significant gains since the start of the year, and is up more than 140% since January.

Cryptocurrency exchange OKEx has been preparing to launch Tether (USDT) margin futures next month.

An OKEx spokeswoman told The Block on Monday that the product is currently scheduled to launch in October, but the exact launch schedule is yet to be determined.

The spokeswoman did not comment on specifics of the product, saying: We will keep you posted when we have further updates.

(Trading at $1.00  at 14:00 23 September 2019)

EOS price failed to hold the key $4.050 and $4.000 support levels. The price started a major correction and it recently broke the $3.850 support area. If there are more downsides, the price could test the main $3.650 support area in the coming sessions.

Ahead of BSV lies Binance Coin, at 8 on coinmarketcap. The price plunged at a rate of 1.39% in a matter of hours. The trading volume recorded is $151.914 million, and the supply has 155,536,713 BNB coins included as part of the circulation. The total market cap of Binance Coin is $3.154 billion, and BNB is priced at $20.28.

In the announcement of the three new lending products, Binance outlined the products would be available for 14 day lending periods each, with fixed interest rates and subscription caps.

(Trading at $20.17 at 14:00 23 September 2019)

Bitcoin SV is ranked at 9 on coinmarketcap. The price sunk at a rate of 0.99% in the course of the past 24-hours. This brought BSV all the way down to $118.54 where it presently holds. The trading volume recorded stands at roughly $232.776 million, while the supply has 17,854,986 BSV coins involved. The total market cap of Bitcoin SV amounts to $2.116 as of this very instant.

According to the chart linked to the BSV/USDT pair on tradingview [based on data obtained from Huobi], sellers are in charge of this altcoins performance for now. The final peak tied to the Awesome Oscillator bears the brown shade [though the ones before were green] and considering that they all lie beneath the zero line, this points to bearish momentum influencing the dip.

(Trading at $119.16 at 14:00 23 September 2019)

XLM/USD has extended the correction from strongly overbought levels

Strong support at $0.0638 might slow down the bears.

Stellar topped at $0.0963 on September 18 and lost 31% since that time to trade at $0.0659 at the time of writing.  However, despite a sharp sell-off, the coin is still over 13% higher on a week-on-week basis. Stellar now takes the 10th position in the global cryptocurrency market rating with the total market value of $1.3 billion. Stellars average daily trading volume retreated to $175 million from over $500 million registered during the previous week.

(Trading at $0.067928 at 14:00 23 September 2019)

For your daily top cryptocurrency news and price updates, be sure to check in daily at 14:00.

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