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Latest cryptocurrency news and prices, 31 July 2019
Bitcoin has broken through the $9,700 support and the rest of the altcoin markets are in the green. Here are you latest cryptocurrency news and prices.
Bitcoin (BTC) has finally broken through key support and is trading above $9,700. The rest of the top 10 altcoin markets are all in the green as a result. Here are your latest cryptocurrency news and prices.
During the past 24 hours, Bitcoin (BTC) formed robust support close to the $9,200 level and has also recently begun its recovery against the U.S dollar. At the time of writing bitcoin is changing hands at $9,769.65 as per data from CoinMarketCap.
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After forming a decent support above $205, Ethereum price recovered a few points against the US Dollar. The ETH/USD pair formed a swing low near $204 and jumped above the $208 and $210 resistance levels. Later, there was a close above the $210 resistance level and the 100 hourly simple moving average. Similarly, there were positive moves in bitcoin price above the $9,500 and $9,600 levels.
Ripples XRP has not been very active recently. The third-largest digital asset tested $0.32 barrier but failed to clear it out. Slow trading activity and non-existent volatility confine the coin to the narrow range limited by $0.3200 on the upside and $0.30 on the downside.
Due to Bitcoin (BTC) suffering from noticeable volatility in the past several days, much of the altcoin markets have been enduring downward pressure. Litecoin (LTC) is one of the altcoins which has faced noticeable downward pressure during the past few weeks.
As a result, many investors and analysts are keeping a watchful eye on Litecoins price as it approaches its imminent mining reward halving event. In the past, this phenomenon has led to notable price movements.
Litecoin is up by 0.83% and is changing hands at $92 at the time of writing. LTC is slightly up from its recent lows of $88, which has proved to be the cryptos level of support.
Online travel agency CheapAir.com and Bitcoin.com today announced a partnership to serve crypto travelers. Beginning today, more than 4 million Bitcoin.com Wallet users will be able to access CheapAir.coms booking engine from their mobile app. The partnership will help crypto travelers find the best deals on flights and hotels around the world.
In 2013, CheapAir.com became the first U.S.-based online travel agency to accept Bitcoin payments for flights and hotels. CheapAir.com now accepts payment in Bitcoin Cash (BCH), Ethereum, Litecoin, and Dash. Weve worked to build a loyal following of crypto users over the years, and build a strong technical platform to support them.
Binance coin (BNB) price stayed above the $25.00 and $25.20 support levels. BNB price is currently correcting higher above the $27.00 resistance level. On the upside, the main resistances are $28.00 and $28.50, where the bulls are likely to face a strong resistance.
Cryptocurrency exchange Bitfinex and stablecoin issuer Tether have already spent over half a million dollars in a continued legal battle with the New York Attorney Generals (NYAG) office.
The cost was revealed by the companies law firms Steptoe and Johnson LLP and Morgan, Lewis and Blockius LLP in a letter filed with the New York Supreme Court on Tuesday. The letter urged presiding Judge Joel M. Cohen to dismiss the case against Bitfinex and Tether as finding documents for the NYAGs office has been a costly affair.
On July 30 the developers of a non-custodial cryptocurrency exchange EOSfinex announced that the platform had gone into fully functional operation mode.
EOSfinex combines the speed and scalability of EOS with Bitfinexs industry-leading trading expertise, resulting in an on-chain exchange built around speed, transparency and control, the team said on Twitter
EOSfinex is positioned as the first scalable exchange ecosystem based entirely on the EOS protocol.
Bitcoin SV (BSV) is continuing to gain traction as the cryptocurrency of choice for payments, with more users, exchanges and merchants than ever before supporting BSV. Now, cryptocurrency investors in the U.K. and beyond have access to BSV through another platform, following an announcement this week from crypto exchange IndoEx International.
According to a release published on their website, IndoEx International has introduced trading support for Bitcoin SV for its users, allowing more of them to spend and use the cryptocurrency for the first time.
Stellar Lumens is anticipated to enter business ventures which would take the price of the coin to attain newer heights. The investment in Stellar (XLM) wont go futile. The traders can go along with their investment in the coin with an expectation of good returns. The coin would give huge dividends to long-term investors. The short term investment plan looks a little risky. By the end of 2019, the coin might trade around $0.2 by the end of the year.
For your daily top cryptocurrency news and price updates, be sure to check in daily at 14:00.
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