While bitcoin’s price continues to flounder between the $8,300 and $8,400 areas, several altcoin markets have begun to see modest rallies of between 1 – 2%. Here are your latest cryptocurrency news and prices.
Latest Bitcoin (BTC) news and prices
Several major cryptocurrency markest were seen recording mild gains yesterday within a tight range of 10 – 2%. However, the altcoin sitting at the number eight spot is the only top twenty coin which stands out as it surged by more than 7.5% during twenty-four hours.
Once again, bitcoin’s price has been bouncing between support at $8,300 and $8,400. The world’s number one crypto was seen trading from an intraday low of $8,330 to as much as $8,425, recording modest gains during the past day.
(Trading at $8,341.64 at 14:00 14 October 2019)
Latest Ethereum (ETH) news and prices
When cryptocurrency fans gathered in Osaka, Japan, this week for the Devcon developer conference, the halls were filled with buzz about smaller projects seeking access to ethereum’s decentralized finance smorgasbord, especially loans and financial products, via interoperability.
“Connecting to other chains doesn’t seem to be an ethereum developer’s priority,” Summa co-founder James Prestwich told CoinDesk. “But other chains seem to want to connect to ethereum.”
For example, Josh Swihart, VP of marketing and business development at the Electric Coin Company (ECC), told CoinDesk that over the next six months the zcash community will develop a wrapped ZEC token that can be used on the ethereum blockchain. The privacy coin may one day become a conduit for private, automated loans and financial products.
(Trading at $183.65 at 14:00 14 October 2019)
Latest Ripple (XRP) news and prices
This past week, there was a sharp correction in ripple price below the $0.2750 support area against the US Dollar. XRP price even broke the $0.2700 level before the bulls took a stand near the $0.2650 support area. Later, a support base was formed near $0.2650 and recently the price started a fresh increase. It broke the $0.2700 and $0.2750 resistance levels to move into a positive zone.
Moreover, there was a close above the $0.2750 level and the 100 hourly simple moving average. The price tested the key $0.2850 resistance area and formed a high near $0.2857. At the moment, the price is consolidating gains near the $0.2850 resistance. An immediate support is near the $0.2820 level. It coincides with the 23.6% Fib retracement level of the recent wave from the $0.2730 low to $0.2857 high.
(Trading at $0.290873 at 14:00 14 October 2019)
Tether (USDT) news and prices
Tether (CURRENCY:USDT) traded down 1% against the U.S. dollar during the 24-hour period ending at 8:00 AM Eastern on October 13th. In the last week, Tether has traded 0.5% lower against the U.S. dollar. Tether has a market cap of $4.12 billion and approximately $15.45 billion worth of Tether was traded on exchanges in the last 24 hours. One Tether token can now be bought for about $1.00 or 0.00011972 BTC on cryptocurrency exchanges including Gate.io, TDAX, ChaoEX and IDCM.
(Trading at $1.00 at 14:00 14 October 2019)
Bitcoin Cash (BCH) news and prices
The BCH-centric web portal Bitcoinbch.com published an in-depth report that shows the aggregate of cryptocurrency expenditure for Australian retail businesses. According to the 10-page document, BCH transactions in the country exceed BTC transactions by a wide margin and BCH is the top digital currency in Australia.
(Trading at $226.90 at 14:00 14 October 2019)
Litecoin (LTC) news and prices
The world’s number six cryptocurrency, Litecoin (LTC) recently celebrated its eighth birthday, yesterday, 13 October. The joyous occasion was met with much FUD, fear, uncertainty and doubt — about the altcoin as its founder Charlie Lee took to Twitter to defend the crypto.
(Trading at $57.24 at 14:00 14 October 2019)
EOS news and prices
EOS bulls are flexing their muscles on Friday during the Asian hours. This is a sign of an action-filled session during the weekend. The crypto market is relatively in red. The drab trading is happening after traders took profit due to Wednesday’s brief surge. Apart from EOS, other selected digital assets in the green are Bitcoin Cash (BCH) and Ethereum Classic (ETC).
EOS commenced the session at $3.12 and touched $3.16 to the upside. There has been a lower action with the bears inching closer to $3.0. However, an intraday low has formed at $0.309 before the current northwards adjustment.
(Trading at $3.15 at 14:00 14 October 2019)
Binance Coin (BNB) news and prices
Changpeng Zhao-led cryptocurrency exchange, Binance seems to be taking over the crypto industry by initiating several developments in the ecosystem. The exchange might be looking into global expansion following the launch of Binance.US and P2P trading functionality that enabled users to trade selected cryptocurrencies against the Chinese Yuan. These developments seem to be impacting the price of the exchange’s native cryptocurrency, BNB as it was rising by 5.22% in the last 24-hours, while all the other currencies witnessed very little price change, at the time of writing.
(Trading at $18.24 at 14:00 14 October 2019)
Bitcoin SV (BSV) news and prices
According to the candlestick chart connected to the BSV/USDT pair on tradingview [based on data obtained from the Huobi Exchange], buyers might aid Bitcoin SV to climb towards the $96.636 mark beyond which barriers can be a cause for concern. For the past 2 weeks, the peaks tied to the Awesome Oscillator all possessed the green shade which points to the arrival of bullish momentum.
On the other hand, BSV was finally able to escape the oversold zone a week back; the daily RSI [for 14 periods] is at 41.85 which signifies Bitcoin SV’s presence in the neutral zone. Similarly from 7th October onwards, the MACD line began moving further apart from the signal line, thereby causing the green histogram to widen. This points to a gradual increase in bullish pressure, although the asset has been consolidating till now.
(Trading at $86.85 at 14:00 14 October 2019)
Stellar (XLM) news and prices
Stellar is indicating towards a profitable intraday movement as the coin trades around $0.061. It has already breached the resistance level 1 and moving towards the next at $0.063. The last level marked around $0.064. The movement in the price is indicating towards a flourishing day.
However, the market is bearish, there are chances that Stellar (XLM) comes under market pressure and falls. The price might slip. In that case, XLM would find the support at $0.058. If the same continues, XLM can get the next support at $0.057 and the last at $0.055. Let’s take a look at the price chart
(Trading at $0.063187 at 14:00 14 October 2019)
For your daily top cryptocurrency news and price updates, be sure to check in daily at 14:00.