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Latest cryptocurrency news and prices, 19 July 2019
Bitcoin and the altcoin markets have seen impressive gains during the past 24 hours. Here are your latest cryptocurrency news and prices.
Bitcoin (BTC) and the rest of the cryptocurrency markets have all seen impressive gains during the past 24 hours, with Litecoin (LTC) outperforming the rest of the altcoin markets. Here are your latest cryptocurrency news and prices.
The leading cryptocurrency, bitcoin (BTC) has surged by over 8% in the past 24 hours. After slumping below the $10,000 area yesterday, bitcoin has seen an impressive rally back to trading at $10,400 at the time of writing.
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Ethereum, the second-largest cryptocurrency with the current market capitalization of $23.8 billion, settled above $220.00 amid global recovery on the cryptocurrency market. ETH/USD has gained over 4% of its value in recent 24 hours and lost 1.5% since the beginning of Friday. By the time of writing, the coin is changing hands at $222.50.
Ripple has dived massively from the recent highs. The breakout above both the 50 Simple Moving Average (SMA) 1-D and the 100 SMA 1-D propelled XRP past critical hurdles. For the first in 2019, the price exchanged hands above $0.5. A high was, however, formed at $0.50 before the bears took over.
Following the rejection from June highs, Ripple has continued to press against key support levels. Moreover, the declines could not find support at $0.4 and $0.38 key levels while the drop below moving averages encouraged the sellers to increase their grip on the price.
The cryptocurrency markets have begun to rally once again with Litecoin (LTC) leading the charge for the top 10 cryptocurrencies, as per data from CoinMarketCap.
After enduring a week of losses, bitcoin jumped by $1,000 within an astonishing thirty minutes yesterday, prompting gains from the altcoin market. However, Litecoin was the clear winner, rising by a whopping 13%.
At the time of writing, Litecoin is trading at $98.98, however, at one stage the altcoin spiked to as much as $100 per token.
Although Bitcoin.com CEO Roger Ver left the Bitcoin community to help establish Bitcoin Cash, he still considers himself a Bitcoin maximalist. His preferred vision of Bitcoin has larger blocks and smaller fees, all to ensure that the cryptocurrency becomes one thing: electronic cash.
EOS price is slowly recovering and it recently broke the $3.900 and $4.000 resistance levels. However, there is a strong resistance forming near the $4.200 level, where the bulls might face a tough challenge in the near term. A successful break above $4.200 could push the price towards the $4.500 level.
Binance Coin has jumped to 6 according to the latest data on coinmarketcap. The price of BNB is at $29.01, after it ascended by 3.86%. The trading volume recorded is $690.022 million in the course of the past 24-hours. The total market cap of Binance is $4.512 billion.
A month ago, reports had pointed to Binance being the biggest gainer of the year. However, even as analysts keep proclaiming that crypto-winter had ended, Bitcoin has pulled back a few times during the past few weeks. The value has failed to reach $15,000 so far.
USDT backers Tether Ltd. are bringing their namesake stablecoin to the proof-of-stake Algorand blockchain.
Tether declared as much in a July 17th blog post, with the firm explaining the move was only its latest expansionary flex to add to [its] existing applications on Omni, Ethereum, Tron and EOS.
Developed by MIT computer science professor and zero-knowledge proof pioneer Silvio Micali, Algorand uses what its builders call Pure PoS to achieve network consensus. The blockchains blocks are facilitated using a lottery process, and the system has been crafted to be extremely scalable.
Bitcoin SV (BSV) is becoming the cryptocurrency of choice for users and developers worldwide. The ease of use, low transaction costs and developer-friendly ecosystem mean BSV is increasingly the natural choice for consumers, merchants and app developers.
Now, the flexibility of BSV has become available for users in Brazil, opening up access for millions of consumers and merchants for the first time.
Stellar (XLM) is riding the bulls in the market. The coin is seen trading at $0.090. The coin is expected to breach $0.10 price mark, as the upcoming benchmarks.
The coin is likely to keep the momentum in the trading price at the current level. The traders are attracted towards the coin. Stellar (XLM) could experience purchasing pressure in some time. We are also quite apprehensive for the growth in the coin. To understand the momentum of price more precisely, lets take a deep look at the price chart.
For your daily top cryptocurrency news and price updates, be sure to check in daily at 14:00.
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