By Worldspectrum from Pexels
Latest cryptocurrency news and prices, 03 September 2019
Bitcoin is retesting a key price area while most altcoins are flashing green today, here are your latest cryptocurrency news and prices.
By Worldspectrum from Pexels
After several days of losses, Bitcoin has once again retested the $10,400 resistance, with several altcoin markets reporting gains on the day as a result. Here are your latest cryptocurrency news and prices.
Latest Bitcoin (BTC) news and prices
Craig Wright, the self-proclaimed creator of Bitcoin recently challenged a court order which would require him to pay 500,000 BTC to the estate of a former peer.
On August 30, Andres Rivero, Wright’s attorney filed a document with the United States District Court in the Southern District of Florida to ask for a two-week extension to file a motion which would effectively challenge Magistrate Bruce Reinhart’s order.
(Trading at $10,360.95 at 14:00 03 September 2019)
Latest Ethereum (ETH) news and prices
Yesterday, we discussed a few key resistances for ETH price near the $172 and $175 levels against the US Dollar. The price rallied recently and broke the $175 resistance level. Moreover, there was a close above the $175 level and the 100 hourly simple moving average. More importantly, bitcoin price performed really well and surged above the $10,000 and $10,200 resistance levels.
However, Ethereum price ran into a crucial resistance area near $180 (as discussed in the weekly forecast). It faced a strong resistance and failed to continue higher above $180. A swing high was formed near $182 and the price is currently correcting gains. It traded below the 23.6% Fib retracement level of the recent rally from the $168 swing low to $182 high.
(Trading at $177.67 at 14:00 03 September 2019)
Latest Ripple (XRP) news and prices
Bitcoin has swung higher after a sudden sell-off last week, climbing back above the psychological $10,000 per bitcoin mark.
The bitcoin price added almost $1,000 in just a few hours yesterday, climbing some 6% over the 24-hour trading period, though many other major coins, including Ripple’s XRP, failed to make similar recoveries—with a civil war apparently brewing among the XRP community.
(Trading at $0.259385 at 14:00 03 September 2019)
Bitcoin Cash (BCH) news and prices
Bitcoin Cash is trading 4.4% higher today as general crypto sentiment carries all the major cryptocurrencies higher. The 4-hour timeframe has a trendline originating on 26th June, with a downtrend that spanned a full two months.
(Trading at $295.16 at 14:00 03 September 2019)
Litecoin (LTC) news and prices
Litecoin price action has not been drastic in the past few days. The buyers have been careful in quest to regain control lest they spook the bears who recently sent the price in a spiral hitting levels at the beginning of April’s rally. The support at $62 has been very instrumental in the congoing recovery.
(Trading at $66.95 at 14:00 03 September 2019)
Tether (USDT) news and prices
Stablecoin developer Tether is reportedly toying with the idea of releasing coins backed by commodities, according to Bitfinex shareholder Zhao Dong. Dong, who previously revealed that Tether was planning to launch the Chinese yuan-pegged coin CNHT, has once again touted the company’s next move.
According to comments made in an interview with Bitkan, Dong says that Tether is considering issuing stablecoins backed by bulk commodities such as gold, crude oil, and rubber. While Dong is not directly affiliated with the stablecoin company, he is an investor in the cryptocurrency exchange Bitfinex which shares some overlap. Dong has also been tied to previous market rumors that proved accurate, such as the case of the yuan-pegged CNHT.
(Trading at $1.00 at 14:00 03 September 2019)
Binance Coin (BNB) news and prices
Cryptocurrency exchange Binance has launched not one, but two test platforms for its planned crypto futures products.
Dubbed Futures A and Futures B, the new testnets are now open for users to play with using dummy assets, with new competitions to encourage traders to get involved.
On Monday, Binance announced on its website that users will be able to vote for their favorite futures testnet.
As for the competitions, Binance said it will award prizes totaling 10,000 Binance coin (BNB) – worth around $215,700 at press time – for each platform.
(Trading at $22.63 at 14:00 03 September 2019)
EOS news and prices
EOS/USD had a bullish Monday wherein the price went up from $3.27 to $3.33. The price has gone up further to $3.34 this Tuesday. The hourly chart shows that price faced resistance around $3.27 and fell to $3.23. The price then buoyed up to $3.35, where it met resistance and fell slightly to $3.33. This Tuesday, the price went up to $3.35, where it met resistance and fell to $3.34.
(Trading at $3.33 at 14:00 03 September 2019)
Bitcoin SV (BSV) news and prices
On August 28, Ellipal, one of the most secure hardware wallets on the market, announced they have added Bitcoin SV (BSV) support to their wallets. To find out more about the wallet maker, and their decision to embrace BSV, we reached out and asked some questions.
The decision to add BSV support to ELLIPAL came down to a couple of key factors: user demand and importance to the marketplace. “BSV has a large user base and one of the major coin, hence supporting BSV,” their team told us. “We received many requests to support BSV, so as a wallet, we are happy to support it.”
(Trading at $134.28 at 14:00 03 September 2019)
Monero (XMR) news and prices
A blockchain-based travel booking platform Travala now accepts Monero (XMR) as a payment option. It means that the platform customers are now able to use the coin to book hotels in over 210 countries and travel to 82,000+desitinations.
(Trading at $73.28 at 14:00 03 September 2019)
For your daily top cryptocurrency news and price updates, be sure to check in daily at 14:00.
