By Worldspectrum from Pexels
Latest cryptocurrency news and prices, 15 August 2019
Bitcoin has recorded its biggest daily loss in 30 days while the altcoin markets are mostly seeing red. Here are your latest cryptocurrency news and prices.
By Worldspectrum from Pexels
Bitcoin (BTC) has seen its biggest daily loss in nearly a month as the OG cryptocurrency plunged below $10,000 earlier today. Major altcoin markets have suffered as a result with most of the top twenty cryptos all seeing red. Here are your latest cryptocurrency news and prices.
Latest Bitcoin (BTC) news and prices
The last time that the number one cryptocurrency traded below $10,000 was on July 31. At around noon UTC August 14, BTC’s price began to drop drastically from $10,862 to as low as $9,888 before trading action bought the price back up above $10,000. At the time of writing, BTC is down by 5.74% and trading at $9,943.78 per coin as per data from CoinMarketCap.
(Trading at $9,943.78 at 14:00 15 August 2019)
Latest Ethereum (ETH) news and prices
Ethereum is on the course of having four bearish days in a row. This Wednesday, the price of ETH/USD fell from $209 to $186.85. Over the last four days, the price has fallen from $216.50 to $186.85. The hourly break down of the chart shows that the price plummeted from $205.60 to as low as $182.50 in just two hours before correcting itself to $189.15. After that, the price fell to $186.85.
(Trading at $182.46 at 14:00 15 August 2019)
Latest Ripple (XRP) news and prices
Peter Brandt, a veteran trader, in several tweets accused Ripple, the largest HODLer of XRP tokens, of price manipulation.
As of August 14, XRP has dropped to its lowest point against Bitcoin (BTC) in more than two years. Furthermore, the XRP/USD pair is currently circling 11-month lows.
However, for Brandt, the current price action at $0.26 is the result of manual intervention on Ripple’s part and not as a result of organic market forces. According to the trader, should this questionable practice fail, XRP tokens could be doomed to drop by another 20%.
(Trading at $0.263107 at 14:00 15 August 2019)
Bitcoin Cash (BCH) news and prices
Bitcoin Cash ABC tumbled by 9.56% on Wednesday. Reversing a 5% gain from Tuesday, Bitcoin Cash ABC ended the day at $311.31.
A particularly bullish start to the day saw Bitcoin Cash ABC strike an early intraday high $358.24.
Bitcoin Cash ABC broke through the first major resistance level at $354.2 before succumbing to crypto market forces.
A crypto meltdown led to a Bitcoin Cash ABC slide to a late afternoon intraday low $305.11.
(Trading at $300.05 at 14:00 15 August 2019)
Litecoin (LTC) news and prices
Litecoin also tumbled on Wednesday, falling by 10.27%. Following on from a 1.46% fall on Tuesday, Litecoin ended the day at $75.81.
A relatively bullish start to the day saw Litecoin strike an early intraday high $86.07 before hitting reverse.
Falling short of the first major resistance level at $86.38, Litecoin tumbled to a late intraday low $74. The sell-off saw Litecoin fall through the major support levels on the day.
Whilst finding support late in the day, Litecoin failed to break back through the third major support level at $77.61.
At the time of writing, Litecoin was up by 0.84% to $76.45. A relatively bullish start to the day saw Litecoin rise from a morning low $75.64 to a high $77.36 before easing back.
(Trading at $74.98 at 14:00 15 August 2019)
Binance Coin (BNB) news and prices
Binance Coin price had been trading at twenty-nine dollars ($29.282) but the price has now taken a dip towards eighteen dollars and is currently trading at twenty-seven dollars ($27.126).
The price is currently trading with a bearish outlook as the price broke below the twenty-day estimated moving average (EMA). Although there is support it is very shallow and a fall to twenty-four dollars ($24.1709) is highly possible. On the other hand, the moving averages and the relative strength index (RSI) show consolidation across the short-term charts.
Read more at cryptopolitan.com
(Trading at $27.07 at 14:00 15 August 2019)
Tether (USDT) news and prices
As at 2019-08-14 average Tether price is 1.00073600 USD, 0.00009835 BTC, 0.00529426 ETH.
Tether average change within 24 hour is 0.04 against USD, 7.51 against BTC, 10.31 against ETH. Weekly report: 0 against USD, 16.34 against BTC, 18.71 against ETH. Monthly report: -0.23 against USD, 6.84 against BTC, 24.18 against ETH.
In this regard, 24 hour trading volume is 16747514014.87400000 USD or 1645906.61609340 BTC. At the same time Tether market capitalization is 4045731733 USD or $397605 BTC.
It’s noteworthy that is issued into circulation Tether.
Read more at icobrothers.com
(Trading at $0.997514 at 14:00 15 August 2019)
EOS news and prices
The Substratum (SUB) ICO team caught flak for reportedly day-trading some of the funds to achieve higher gains. And in the case of EOS, traders pointed to signs that the project was recycling some of the ETH raised to prop up the price of the EOS token.
But while the US SEC has targeted multiple token-based projects, this is one of the first cases seeking the freezing of digital assets.
Read more at cryptopolitan.com
(Trading at $3.59 at 14:00 15 August 2019)
Bitcoin SV (BSV) news and prices
It’s an exciting time in the most techy part of the Bitcoin SV ecosystem: as a result of increases in block size, “bubbles are starting to form in the great mining broth,” says mining expert Kristy-Leigh Minehan.
Now CTO of the technology infrastructure company Core Scientific, Kristy-Leigh has been working in crypto mining since the early days of Bitcoin. And she says that the buzz around Bitcoin SV now reminds her of those pioneering times, with the same potential for the future. Back in 2010, she says, “it wasn’t profitable, no-one really did it at scale, and it was also an incredibly exciting time. Bitcoin SV feels like that.”
(Trading at $133.90 at 14:00 15 August 2019)
Monero (XMR) news and prices
Another crypto jacking malware has been discovered by security researchers which target victims computers to mine Monero and even conceal itself from getting detected.
Dubbed “Norman,” the malware was discovered by the Varonis Security Research. According to the firm, the malware is primarily targeting computers at mid-sized enterprises to utilize computing power to mine CPU-centric coins like Monero.
Read more at financemagnates.com
(Trading at $78.46 at 14:00 15 August 2019)
For your daily top cryptocurrency news and price updates, be sure to check in daily at 14:00.
