By Worldspectrum from Pexels
Latest cryptocurrency news and prices, 05 September 2019
Bitcoin’s price continues to hold onto key supports while most of the altcoin markets are red, here are your latest cryptocurrency news and prices.
By Worldspectrum from Pexels
Bitcoin is holding onto a key support area above $10,600 while most of the altcoin markets are seeing red today. Here are your latest cryptocurrency news and prices.
Latest Bitcoin (BTC) news and prices
After showing minor gains yesterday, the crypto markets are once again flashing red. Bitcoin’s price is holding onto the $10,600 support while most of the top twenty cryptocurrencies are showing red candlesticks.
The Bitcoin (BTC) price has not shown much movement during the past 24 hours yet is up by 0.30% and trading at $10,615.93 at the time of writing. Yesterday saw the OG cryptocurrency trade around $10,500 for most of the day. Several analysts have suggested that the current climate of the markets is ideal for further gains on BTC’s price.
(Trading at $10,600.58 at 14:00 05 September 2019)
Latest Ethereum (ETH) news and prices
When a crypto asset fails to perform in terms of price it rapidly gets a big dose of chagrin from mainstream media and those that have lost money trading it. Ethereum is currently the prime example as investors begin to sour despite ongoing developments to the technology.
A major part of the crypto angst directed at Ethereum stems from the delays in solving the scalability issues that have plagued the project as its user base has grown. In its current state the network is ill equipped to handle the load it is expected to in order to fulfill its destiny as a ‘global computer’.
(Trading at $175.64 at 14:00 05 September 2019)
Latest Ripple (XRP) news and prices
Yesterday, XRP price made another attempt to surpass the $0.2650 resistance area against the US Dollar. However, the bulls failed to gain momentum, resulting in bearish moves below the $0.2620 support area. The price even traded below the $0.2600 support level and the 100 hourly simple moving average. On the other hand, bitcoin is still trading near the $10,500 support level, with positive moves.
(Trading at $0.259196 at 14:00 05 September 2019)
Bitcoin Cash (BCH) news and prices
The second-largest fantasy sports provider Fanduel has revealed customers can make deposits on the platform using cryptocurrency. Fanduel members can now top up their accounts with BCH or BTC via the digital currency payment provider Bitpay.
(Trading at $294.49 at 14:00 05 September 2019)
Litecoin (LTC) news and prices
In ending last week in the red, the world’s fifth-largest cryptocurrency, litecoin, has confirmed its longest weekly losing streak in a year.
LTC suffered an 8 percent drop in the week ended Sept. 1, having registered 3.17, 15.10, and 5.74 percent losses in the preceding three weeks, according to Bitfinex data.
That is the longest losing streak since August 2018. Back then, the fifth-largest cryptocurrency by market capitalization had suffered losses in each of the four weeks of August.
(Trading at $67.19 at 14:00 05 September 2019)
Tether (USDT) news and prices
Tether sister company Bitfinex shareholder Zhao Dong announced. It is well known that iFinex in 2018 is the Panama Pay System Crypto Capital Corp. has given $850 million to meet the withdrawal requirements of Bitfinex customers.
However, after the agreement was signed, U.S., Polish and Portuguese officials confiscated the funds.
Read more at ourbitcoinnews.com
(Trading at $1.00 at 14:00 05 September 2019)
Tether will produce stable commodity-based coins, including assets such as gold, crude oil, and rubber, to offset the risks posed by large holdings of large amounts of money in a single asset. In addition, the company plans to produce stable coins under the meta.
Binance Coin (BNB) news and prices
Binance Coin (BNB) deals with the bear. The traders expected the coin to move like the market trend, but the coin couldn’t match the momentum. There was an uptrend noticed in the coin yesterday.
Today’s movement in the price of BNB is possible because of the pullback. If we look at yesterday’s chart, the coin was seen touching a high at $22.93 and a low at $22.37. The volume marked on yesterday’s chart was $181,166,381
(Trading at $21.94 at 14:00 05 September 2019)
EOS news and prices
EOS/USD is trending horizontally in a sluggish manner and trying to break above the downward trending line. The price chart is also trending below the 200-day simple moving average (SMA 200), SMA 50 and SMA 20 curves. The moving average convergence/divergence (MACD) indicator shows that the bulls have slightly edged out the bears.
(Trading at $3.33 at 14:00 05 September 2019)
Bitcoin SV (BSV) news and prices
An Australian Bitcoin developer living in London, Steve Shadders is, at first glance, the typical geek, complete with goatee beard, glasses and ponytail. But it only takes a few minutes chat to get way beyond the stereotype. He thinks widely about the politics and economics of Bitcoin, and he’s a former DJ, with a love of techno — a calling which he says delayed his entry into the world of software by several years.
“Shadders” as he’s known at nChain, the Bitcoin SV development company of which he’s Chief Technology Officer, operates in many dimensions. There’s an ideological side to him, the legacy of youthful, anarchistic attitudes: “As Bitcoin becomes more widespread,” he says, “it puts the power of economic sovereignty into the hands of people who currently don’t have it …There is nothing more powerful that you can give someone than opportunity.”
(Trading at $132.10 at 14:00 05 September 2019)
Monero (XMR) news and prices
Monero (XMR) is in the green zone, gaining over 2.5% of its value in recent 24 hours. Monero, now the 10th largest digital asset with the current market value of $1.3 billion is changing hands at $75.70 at the time of writing, off the intraday high registered at $76.26.
(Trading at $75.38 at 14:00 05 September 2019)
For your daily top cryptocurrency news and price updates, be sure to check in daily at 14:00.
