Bitcoin (BTC) has seen a slight price gain during the past 24-hours with most of the top 10 altcoin markets seeing losses. Stellar (XLM) still has the number 10 spot after pushing TRON (TRX) to number 12. Here are your latest cryptocurrency news and prices.
Latest Bitcoin (BTC) news and prices
Currently, Bitcoin is holding strong just above the $9,500 support level against the U.S dollar. However, bitcoin still sits in a risky area as it could either climb back towards $9,800 or drop-down towards $9,000.
The past two days has seen BTC making several sharp bearish moves below the $10,000 level. In fact, the BTC/USD trading pair broke below the $9,800 and $9,500 support levels to enter a bearish territory.
(Trading at $9,507.01 at 14:00 29 July 2019)
Latest Ethereum (ETH) news and prices
The top ten altcoins, for the most part, have seen some small gains during the past 24 hours. The second-largest crypto by market cap, Ethereum (ETH) is up by 1.24% and trading hands at $212 at the time of writing. Over the weekend, however, ETH declined as low as $197. Currently, ETH’s price is correcting higher versus both the U.S dollar and BTC. ETH price could very well climb back up to the $220 or $225 resistance and this could see sellers taking a stand.
(Trading at $209.63 at 14:00 29 July 2019)
Latest Ripple (XRP) news and prices
Ripple, the blockchain payments network recently signed an open letter to the United States of America’s regulators. The open letter was sent on July 28th ahead of scheduled crypto hearings to take place tomorrow.
In light of the mixed sentiment shown from Congress towards Facebook’s Libra and the crypto industry on a whole, Ripple CEO Brad Garlinghouse appealed to the Senate to be more lenient in its future approach.
(Trading at $0.308726 at 14:00 29 July 2019)
Litecoin (LTC) news and prices
Litecoin (LTC) has returned to the area above $90.00 handle after Sunday’s sell-off that took the coin towards the recent low of $84.41. The fourth-largest digital asset with the current market capitalization of $5.6 billion is trading at $90.60, gaining about 2% on a day-on-day basis and 1% since the beginning of Monday. LTC/USD is moving in sync with the broader market as thee are not clear fundamental reasons behind the recent movements.
(Trading at $89.34 at 14:00 29 July 2019)
Bitcoin Cash (BCH) news and prices
The BCH/USD peaked at $325 on July 27 and has been falling since. Not staying above $310 ruins the short-term technical picture of the coin. BCH will soon have to regain this ground to mitigate immediate downward pressure. The closest support expects the coin at $280, which is the July 14th low. Once it is eliminated, the downside could grow, with the next goal supporting $238, $228 and $218 levels.
(Trading at $307.18 at 14:00 29 July 2019)
Binance Coin (BNB) news and prices
Binance coin (BNB) declined sharply and broke the $29.20 and $28.50 support levels. BNB price is now trading well below $28.00 and it recently tested the $26.50 support. To start a strong recovery, the price must climb back above $28.50 and $29.20 in the coming sessions.
(Trading at $27.18 at 14:00 29 July 2019)
Tether (USDT) news and prices
One factor that may stop the price from falling that low is the Tether money printing service. However, Tether is not the most credible business as it has been accused of being involved in various shady dealings including manipulating Bitcoin’s price and an eight-fifty million dollars ($850 M) cover-up at Bitfinex. Nonetheless, it is an important factor in aiding Bitcoin’s bullish price action as a few months ago it helped Bitcoin rise above the six-thousand dollars ($6000) mark.
(Trading at $0.999016 at 14:00 29 July 2019)
EOS news and prices
EOS price failed to hold gains and declined sharply towards the $4.00 support level. The price is currently correcting above the $4.200 level, but there are many important hurdles on the upside. The main resistance is near the $4.500 level, above which the price could climb towards the $4.800 resistance.
(Trading at $4.17 at 14:00 29 July 2019)
Bitcoin SV (BSV) news and prices
Bitcoin SV increased its block size limit to 2gb from 128 mb. There was a minor confusion about when this was supposed to occur, but it seemed to have gone through more or less smoothly except for one caveat.
A miner produced a rogue block by exploiting a loophole, this led the chain to not split off, with only one rogue block being produced and deemed a success. This had the chain think it was a success for expanding the allowed block size to 2gb.
Bitcoin SVs primary objective is on-chain scalability, which means keeping the block size relatively larger. This also means that BSV would rely on known miners with dedicated hardware, instead of anonymous voluntary block producers. Distributing big blocks through the network is also harder.
(Trading at $144.86 at 14:00 29 July 2019)
Stellar (XLM) news and prices
Stellar (XLM) is back in the game and is seen riding the bulls. The coin was seen suffering during the beginning of the month. However, it reflected great potential overtime and improved its ranking due to its popularity.
Stellar (XLM) has replaced Tron (TRX) in the cryptocurrency ranking. The same is expected to remain for the rest of the days also. It is expected that the coin will end the month on a good note. Let’s take a look at the intraday price chart of Stella
(Trading at $0.083534 at 14:00 29 July 2019)
For your daily top cryptocurrency news and price updates, be sure to check in daily at 14:00.