• Sat, 20 Jul 2019, 09:51 AM
  • All times are UTC
  • Edition:
    International
Copy link
Increase text size
Decrease text size
Link copied

Cryptocurrency Brief: Bitcoin continues range-bound trading, Binance announces to donate listing fees, WTO applauds XRP – Monday, October 8th, 2018

Mon, 08 Oct 2018, 11:18 am UTC

BTC/USD: Bitcoin prices continued to remain range-bound during late European session Monday, amid lack of any market-moving news that gathered investors’ attention. At the time of writing, BTC/USD traded nearly flat at $6,607.70. Meanwhile, the near-term support is seen at $6,500.00 and resistance at $6,700.00.

Market Update: According to a report from CryptoGlobe, leading cryptocurrency exchange Binance has announced today that it will be donating 100% of its listing fees to charity.

ETH/USD: In line with Bitcoin prices, Ethereum also remained caught in a tight trading day amid lack of market-moving events, albeit falling slightly during Monday’s afternoon session; the day’s high was seen at $227.14 and low at $224.20. At the time of writing, ETH/USD traded 0.23 percent lower at 225.75. Meanwhile, the near-term support is seen at $200.00 and resistance at $245.00.

XRP/USD: With an overall strong upside momentum still in place, Ripple prices climbed, albeit losing out proportionately when compared to recent surprise jump. At the time of writing, XRP/USD surged 1.17 percent to $0.48894. Meanwhile, the near-term support is seen at $0.4600 and resistance at $0.5200.

Market Update: According to a report from CoinGape, the World Trade Organization (WTO) has applauded XRP, believing that cryptocurrencies have the ability to transform global commerce. The WTO report reads:

"Blockchain has the potential to profoundly transform the way we trade, who trades and what is traded.” It continues to say that “Blockchain is helping smaller businesses to start trading by supporting them in building trust with partners around the world."

BCH/USD: Bitcoin Cash, too remained stuck in a tight trading range, tracking a similar movement in its immediate counterparts. At the time of writing, BCH/USD edged 0.70 percent higher to $524.60. Meanwhile, the near-term support is seen at $505.00 and resistance at $540.00.

EOS/USD: Nothing different, the EOS also remained tad higher during afternoon session Monday, tracking its peers. At the time of writing, EOS/USD traded 0.62 percent higher at $5.7982. Meanwhile, the near-term support is seen at $5.60 and resistance at $5.90.

LTC/USD: Litecoin, also matched its peers, keeping up the range-bound trading, as it has been for the past few days. At the time of writing, LTC/USD hardly gained to trade at $58.484. Meanwhile, the near-term support is seen at $50.00 and resistance at $65.00.

<Copyright © TokenPost. All Rights Reserved. >

To leave a comment, please sign in.
More
  • Bitcoin (BTC) $10,597.30 (+1.92%)
  • Ethereum (ETH) $226.27 (+3.12%)
  • XRP (XRP) $0.327600 (+3.39%)
  • Litecoin (LTC) $99.21 (+1.38%)
  • Bitcoin Cash (BCH) $312.42 (+1.66%)
  • Bitcoin (BTC) $10,597.30 (+1.92%)
Jul 19, 2019 (Friday)
11:17
Crypto Technicals: XRP/USD grinds lower along 200H SMA, break below 5-DMA to see further weakness
11:12
Binance Jersey announces listing of GBP-backed stablecoin ‘BGBP’
10:32
Rape and sexual harassment case against bitcoin developer blows up
10:15
New Jersey accuses blockchain firm Pocketinns of selling $410K unregistered securities
09:59
Crypto Technicals: LTC/USD struggles at 110-EMA, bias bearish
09:58
Blockchain firm Algorand joins International Swaps and Derivatives Association
09:22
Neo, Ontology partner to develop blockchain interoperability protocol
07:35
Consumer advocates call on Libra partners to withdraw collectively from Facebook's crypto project
07:31
Apple's Steve Wozniak invests in blockchain-based energy efficiency firm 'Efforce' in Malta
07:28
Cryptocurrency exchange ErisX joins U.S. Chamber of Digital Commerce
07:26
LibertyX exceeds 1,000 bitcoin ATMs in the U.S. via new partnership
06:59
Blockchain interest dropping, DLT in trouble?
06:37
Waves founder launches Waves Enterprise to develop corporate blockchain solutions
06:03
IRS goes after cryptocurrency users misreporting transactions
05:05
Facebook's Libra, other cryptocurrencies pose risk of global economic destabilization: G7
04:42
Anchorage receives charter to open crypto custody shop in South Dakota
04:27
Bank of Thailand's DLT-focused Project Inthanon advances to Phase III
Jul 18, 2019 (Thursday)
11:52
MOBI launches first vehicle identity standard on blockchain
11:49
FATF approves Japan’s plan to establish global network for crypto payments: Report
11:13
Crypto Technicals: ETH/EUR downside pauses shy of 200-DMA, bullish divergence on intrday charts keeps scope for upside
Subscribe to the TokenPost newsletter!
Don't show me this again today.
Back to top
Copyright ⓒ TokenPost. All Rights Reserved.
PUBLISHsoft