After circling around the $10,500 support for most of last week, Bitcoin (BTC) came close to pushing through the $11,000 resistance before dipping back to the $10,200 support. Several major altcoins have also endured minor price losses on the day. Here are your latest cryptocurrency news and prices.
Latest Bitcoin (BTC) news and prices
Last Friday saw Bitcoin’s (BTC) price coming very close to pushing through the $11,000 resistance, alluding many to believe a bullish weekend was imminent. The world’s number one cryptocurrency was a few dollars away from crossing over the descending trendline of a massive wedge.
A baffling $1 billion transfer in BTC picked up by Whale Alert had many analysts speculating whether a whale or an institutional investor was transferring funds into Bakkt’s custody service.
(Trading at $10,274.06 at 14:00 09 September 2019)
Latest Ethereum (ETH) news and prices
Recently, there was a solid rise in ETH price above the $175 resistance area against the US Dollar. However, bitcoin price struggled to gain momentum above the $10,500 resistance area. The recent rise in pushed Ethereum above the $180 level and the 100 hourly simple moving average. Moreover, the price traded close to the $185 level and recently started a short term downside correction.
(Trading at $180.86 at 14:00 09 September 2019)
Latest Ripple (XRP) news and prices
XRP is sliding towards a massive breakout as technical levels align.
The minding falling wedge pattern breakout could launch the cryptoasset in a trajectory above $3.0.
XRP must clear the descending trendline resistance for a breakout above the critical $0.28 and $0.33 barriers.
Glancing lower, XRP/USD is strongly protected in the zone between $0.24 and $0.2450.
(Trading at $$0.262253 at 14:00 09 September 2019)
Bitcoin Cash (BCH) news and prices
The crypto community is a vast network of developers, entrepreneurs, leading to drawn-out comparisons between competing virtual assets.
As reported earlier, Bitcoin Cash was recently compared to Bitcoin’s Lightning Network in terms of network activity and comparative growth over the past 12 months, and it was indicated that BCH’s performance was largely underwhelming.
In response to research released by messari.io, Roger Ver, a major Bitcoin Cash proponent, expressed his opinion on the matter.
(Trading at $305.55 at 14:00 09 September 2019)
Litecoin (LTC) news and prices
Litecoin is hovering around $70.00 during early Asian hours amid the global sell-off in the cryptocurrency markets. The fifth-largest digital asset with the current market value of $4.3 billion has lost over 2% in recent 24 hours and 2.3% since the beginning of the day as a dip below $70.00 increased the sellers’ pressure on the price.
(Trading at $70.08 at 14:00 09 September 2019)
Tether (USDT) news and prices
According to reports, Tether Holdings, the firm that issues Tether, is planning to launch a Chinese version of the stable coin called CNHT. Amidst the shoot up in demands in recent months, especially from China, the firm has decided to do so. Additionally, Tether Holdings has also set to launch stable coins backed by commodities like gold, rubber, and crude oil.
(Trading at $1.00 at 14:00 09 September 2019)
EOS news and prices
EOS was the best-performing altcoin on September 7, as the coin has gained over 10% of its value in a single day and tested an area above $3.8, which is the highest level since mid-August. At the time of writing, EOS/USD is changing hands at $3.68, 1% higher on a day-on-day basis. Since the beginning of Monday, the coin has lost nearly 3% amid technical correction strengthened by the general sell-off in the cryptocurrency market.
EOS takes the 8th place in the global cryptocurrency rating with the current market value of $3.4 billion.
(Trading at $3.89 at 14:00 09 September 2019)
Binance Coin (BNB) news and prices
Binance Coin (BNB) has opened the day with a bearish trend. The coin has seen struggling to climb up on the chart a few days ago. The same became possible in yesterday’s chart. The coin recovered a lot and has attained a pretty impressive momentum.
Yesterday, the coin was seen hovering highest at 22.83 USD and the lowest at 22.38 USD. The volume marked on yesterday’s chart was 175,027,324 USD. Let’s have a look at the intraday chart and understand today’s movement.
(Trading at $22.28 at 14:00 09 September 2019)
Bitcoin SV (BSV) news and prices
As Ethereum’s future continues to look increasingly bleak, the prospect that the blockchain built to offer smart contracts will remain viable becomes questionable. Smart contracts are undoubtedly one of the major advantages to blockchain technology and, fortunately, there is a safer, more robust and more secure alternative. Thanks to GearSV, smart contracts can be built on Bitcoin SV (BSV), the strongest blockchain and the only one that has proven capability to support large blocks.
(Trading at $133.51 at 14:00 09 September 2019)
Monero (XMR) news and prices
Monero’s XMR fell by 1.05% on Sunday. Partially reversing a 3.86% gain from Saturday, Monero’s XMR ended the day at $77.28.
Sunday’s pullback left Monero’s XMR with a 7.68% gain for the week.
On the day, a bullish start to the morning saw Monero’s XMR strike an early morning intraday high $78.89 before hitting reverse.
(Trading at $76.51 at 14:00 09 September 2019)
For your daily top cryptocurrency news and price updates, be sure to check in daily at 14:00.
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