The price of bitcoin could see more positive gains in the days to come should U.S Congress accept the testimony of Facebook’s Libra lead, David Marcus. Here are your latest cryptocurrency news and prices.
Latest Bitcoin (BTC) news and prices
The price of Bitcoin has come under notable pressure lately in light of the scheduled U.S Congress hearings on Facebook’s upcoming cryptocurrency project – Libra. Two governmental hearings are to take place today, July 16 and July 17.
Bitcoin’s price which nearly surged to $13,000 a mere five days ago plunged to below $10,000 yesterday, testing the 50-day moving average at around $9,900 for the first time February 18.
BTC is trading at $10,788.58 per coin marking a 4.7% gain in the past 24 hours as per data from CoinMarketCap. Read more here.-
Latest Ethereum (ETH) news and prices
Recently, we saw a sharp decline in bitcoin, Ethereum, ripple and other major altcoins against the US Dollar. ETH/USD even broke the $240 and $230 support levels. The pair traded close to the $210 level and settled well below the 100 hourly simple moving average. A swing low was formed near the $212 level and the price recently started an upside correction. Read more at newsbtc.com
(Trading at $226.15 at 14:00 16 July 2019)
Latest Ripple (XRP) news and prices
Ripple’s XRP slipped below $0.31 handle, but further upside looks limited. The third-largest digital asset with the current market capitalization of $13.4 billion, has gained 1.2% in recent 24 hours; however, it is still down over 20% on a week-on-week basis. Read more at fxstreet.com
(Trading at $0.31432 at 14:00 16 July 2019)-
Litecoin (LTC) news and prices
Litecoin is one of the major coins on the side of Bitcoin, attracting a huge number of investors. In the past few days, the coin has successfully avoided volatile swings. Over the past 24 hours, it has managed to grow by a slight margin. Here is an analysis of Litecoin’s price movement of last 24 hours to help the short-term traders to reorient their investment strategies. The medium-term outlook of Litecoin is bullish, and it may reach 200 USD by the end of 2019. Let us look at the current details of the coin now. Read more at cryptonewsz.com
(Trading at $89.65 at 14:00 16 July 2019)
Bitcoin Cash (BCH) news and prices
Bitcoin Cash massively trimmed the gains over the weekend and the sessions following the opening on Monday. In less than a week BCH/USD has lost over 26% of its value further causing significant denting in the progress that had been made in the last couple of months.
The initial drop last week failed to find support at $400 allowing further breakdown under $380 and $340 support areas. The trading over the weekend gave way to more declines leading to acute losses not only below $320 but also $300. BCH/USD extended the declines on Monday below $260 before finding support at $255. Read more at fxstreet.com
(Trading at $307.93 at 14:00 16 July 2019)-
EOS news and prices
EOS again in the past 24 hours has shown that it is one of the stable coins in the market. With six major price swings, it closed for a price that is not very different from yesterday’s closing. This feature of EOS is becoming the major attraction point, and it has been working like a magnet to pull new investors in. Here, we will analyze the price movement of EOS of the last 24 hours to help the short-term or intraday traders. The medium-term outlook of EOS is bullish, and the coin may get to as high as 13 USD by the year’s end. Let us look at the current details of the coin first. Read more at cryptonewsz.com-
(Trading at $4.28 at 14:00 16 July 2019)-
Binance Coin (BNB) news and prices
The world’s number one cryptocurrency exchange by trading volume, Binance, recently announced that it is considering launching a new branch in South Korea.
CEO and founder, Changpeng Zhao confirmed the possibility of a South Korea HQ to a local news source, Block in Press on Tuesday, stating that the company is currently “working with local partners, but we do not know the details. Read more here.
(Trading at $28.14 at 14:00 16 July 2019)-
Tether (USDT) news and prices
The twitter account “Crypto Whale Alert” tweeted that Tether had minted $5b. Paolo Ardoino, CTO at Bitfinex, replied to the tweet stating that it was a mistake that was made while transitioning from the bitcoin-based Omni platform to Tron. Read more at fxstreet.com-
(Trading at $1.00 at 14:00 16 July 2019)
Bitcoin SV (BSV) news and prices
Calvin Ayre is the key person behind Bitcoin SV (BSV), via his CoinGeek business which is involved in media, investment, and mining operations. He is the same person who is behind Bodog, the well-known online gambling company which was launched in the year 2000 and is a global name today. If you want to learn more about it, you can find a detailed Bodog review here. It has been reported that this investment runs into seven figures and is meant to provide a major boost to the transaction volume and usage of the BSV enterprise. Read more at thebossmagazine.com
(Trading at $127.80 at 14:00 16 July 2019)
TRON (TRX) news and prices
Tron (TRX) is back with the bulls again. From the last couple of days, TRX was poorly suffering and was quite disappointing for the traders. Well, the time has passed, and the future is anticipated to bring huge results.
Tron price surge started yesterday, and the coin touched a high of USD 0.025743 and a low of USD 0.023989. TRX coin was dealing with the volume of 624,412,206 USD on 15th July 2019. To understand the momentum of the price, let’s have a look at the Tron chart. Read more at cryptonewsz.com
(Trading at $0.024811 at 14:00 16 July 2019)-
For your daily top cryptocurrency news and price updates, be sure to check in daily at 14:00.