Bitcoin’s price continues to struggle to find momentum above the $10,300 resistance while the altcoin markets, for the most part, are seeing notable gains on the day. Here are your latest cryptocurrency news and prices.
Latest Bitcoin (BTC) news and prices
Bitcoin (BTC) continues to see sideways trading today, despite the number of BTC wallet addresses holding a minimum of 10 BTC (worth over $100,00) hitting an all-time high. Furthermore, BTC’s intraday high still sits at around $10,320.
Bitcoin’s price has steadily declined to its current price of $10,250.56, seeing a modest gain of 0.05% as per data from CoinMarketCap. Bitcoin’s price is currently trading between a key range below the $10,300 and $10,400 resistance areas against the U.S. dollar.
(Trading at $10,250.56 at 14:00 18 September 2019)
Latest Ethereum (ETH) news and prices
Yesterday, there was a sharp rise in ETH price above the $195 resistance against the US Dollar. Later, the price even touched the $200 level before starting a consolidation phase. Finally, the price broke to the upside and surpassed the $200 barrier. It opened the doors for more gains above the $205 and $210 resistance levels. A new weekly high was formed near $215 before the price started a downside correction.
(Trading at $215.78 at 14:00 18 September 2019)
Latest Ripple (XRP) news and prices
Ripple is leading the recovery on the cryptocurrency market on Wednesday. The formidable gains commenced last weekend and have been gracious enough to propel XRP above several key resistances including $0.28 and $0.30.
The XRP community has in the recent past blamed the issuing company, Ripple for the bad performance of the token in the last three months. The community cites the sale of XRP tokens to institutions. The community sees the sale of the tokens as dumping and according to them is making XRP not as competitive as the other cryptos on the market.
(Trading at $0.307166 at 14:00 18 September 2019)
Bitcoin Cash (BCH) news and prices
BCH/USD has managed to chart three straight bullish days in a row. Bitcoin Cash has gone up from $318.35 to $325.30 today. The market had a bullish breakout from the triangle formation and is trending above the 200-day Simple Moving Average (SMA 200), SMA 50 and SMA 20 curves. The Elliott Oscillator has charted five bullish sessions in a row.
(Trading at $327.13 at 14:00 18 September 2019)
Litecoin (LTC) news and prices
Litecoin like other major altcoins has been performing relatively well since the beginning of the week. The bullish action continued on Wednesday with Litecoin rising to an intraday high of $76.2644. Buyers are working hard to hold onto the 2.55% gains on the day. However, the price has adjusted to the current market at $76.
Following the reward halving event, Litecoin plunged from levels around $100 and refreshed the support at $62. The struggle to reverse the trend finally got a breakthrough on LTC correction above the simple moving averages in the one-hour timeframe. A confluence formed by the 23.6% Fib retracement level taken between the last swing high of $77.93 to a swing low of $67.43, the 50 SMA and the 100 SMA saved LTC from a potential plunge on Monday.
(Trading at $76.27 at 14:00 18 September 2019)
Tether (USDT) news and prices
400 million USDT vanished away yesterday at Tether Treasury, according to Twitter user Whale Alert. Many investors fear that a steep downtrend in Bitcoin price is just around the corner.
On September 16, the crypto community found out that Tether had burned about $400 million worth of USDT. The amount of burnt coins is considerable since the total supply of USDT is 4.1 billion at the moment, according to Coinmarketcap data.
(Trading at $1.01 at 14:00 18 September 2019)
EOS news and prices
Gone are the times when virtual currencies made so much money. Now the fundraising from cryptocurrencies seems to have taken a beating.
According to a report, the first few months of the year 2018, $25.5m was raised by the initial coin offering at an average according to a report by PwC. The EOD offering which is touted to be the largest ICO of all, closed in that time raising $4.1 billion.
The second round of ICO aimed at making EOS more functional within the markets hasn’t been able to garner much attention from the coveted industry investors.
(Trading at $4.12 at 14:00 18 September 2019)
Binance Coin (BNB) news and prices
Binance’s U.S. arm will go live with support for only six cryptocurrencies initially. These cryptocurrencies are Bitcoin (BTC), Ether (ETH), XRP, Bitcoin Cash (BCH), Litecoin (LTC) and Tether (USDT). However, a spokesperson at Binance U.S. has stated that the exchange expects more cryptocurrencies to be added in the coming weeks provided that they pass Binance.US’s Digital Asset Risk Assessment Framework.
Binance’s new U.S. arm launch comes months after American users of binance.com were banned from trading in June. Notably, Binance declined to comment on reasons for the restrictions at the time but many crypto commentators have cited regulatory reasons.
(Trading at $22.12 at 14:00 18 September 2019)
Bitcoin SV (BSV) news and prices
Latin America is one of the regions where cryptocurrencies are expected to make the most impact. With a high population of unbanked people, an expensive and inaccessible financial industry and political instability in some countries, cryptos have been a godsend for many. CoinGeek’s Becky Liggero caught up with Boris Javier Barrera, the CEO of Bitek, a Colombian payments processor that’s bringing the benefits of cryptos to the people of South America.
Speaking during the Expo-Bitcoin International conference held in Bogota, Colombia, Barrera stated that he believes Bitcoin is already making its mark in the country. The event, which his company organized, did more than just bring together the BSV community; it allowed the attendants to use BSV for payments, with everything in the conference being sold in crypto.
(Trading at $127.20 at 14:00 18 September 2019)
Stellar (XLM) news and prices
If we look at Stellar price movement since yesterday, it is indicating a slight upsurge. Yesterday, XLM started with a volatile movement. The price slipped from $0.05899 to $0.05832 by 1.13%. There was an immediate recovery in the XLM price. The counters jumped to $0.05922 by 1.53%. Later, the XLM coin price dropped once again and reached from $0.05931 to $0.05806 by 2.10%. Towards the end of the day, the price switched from $0.05836 to $0.05927 with a progression of 1.56%. The day closed with a moderate intraday profit of 0.14% at $0.05868. Today, there was a similar movement as yesterday. First, Stellar price jumped from $0.05868 to $0.05919 by 0.88%. Further, the currency slipped from $0.05919 to $0.05839 by 1.36%. However, XLM has once again started recovering.
(Trading at $0.068039 at 14:00 18 September 2019)
For your daily top cryptocurrency news and price updates, be sure to check in daily at 14:00.