• Mon, 27 May 2019, 09:19 AM
  • All times are UTC
  • Edition:
    International
Link copied

Cryptocurrency Brief: Bitcoin drops slightly, Japan crypto regulators to tighten laws – Monday, October 1st, 2018

Mon, 01 Oct 2018, 12:03 pm UTC

BTC/USD: Bitcoin prices during late European session Monday, as pessimistic investor sentiments continued to cloud the cryptocurrency market for the past few months. However, the overall trend remained bullish. According to a report from CryptoGlobe, Japanese cryptocurrency regulators have decided to tighten laws in an attempt to boost investor protection and safeguard security in the wake of recent hacking attempts. At the time of writing, BTC/USD lost 0.35 percent to $6,599.50. Meanwhile, the near-term support is seen at $6,450.00 and resistance at $6,800.00.

ETH/USD: In line with Bitcoin prices, Ethereum also lost ground, albeit proportionately higher than its immediate peer, following overall bearish sentiments in the market. At the time of writing, ETH/USD fell 1.52 percent to $229.20; the day’s high was seen at $235.75 and low at $227.61. Meanwhile, the near-term support is seen at $210.00 and resistance at $240.00.

XRP/USD: With an overall strong upside momentum, Ripple prices remained in the red zone, giving up gains seen over the past few days. At the time of writing, XRP/USD remained tad lower at $0.58218. Meanwhile, the near-term support is seen at $0.5500 and resistance at $0.6300.

Market Update: Some of the world’s leading experts in the field of finance, technology and politics, will be attending the two-day blockchain event hosted by Ripple today in San Francisco, a report from NewsBTC confirmed.

BCH/USD: For a change, the Bitcoin Cash, remained in the greener zone, albeit with not much movements in space amid a volatile and topsy-turvy market over the past few days. At the time of writing, BCH/USD rose 0.70 percent to $535.10. Meanwhile, the near-term support is seen at $500.00 and resistance at $570.00.

EOS/USD: The EOS, also slumped, tracking its wider peers amid a range of mixed news around the cryptocurrency market. At the time of writing, EOS/USD traded 1.14 percent lower at $5.6579. Meanwhile, the near-term support is seen at $5.30 and resistance at $6.00.

LTC/USD: Litecoin, remained stuck in a tight trading range as well, in the aftermath of the panic sell-off seen recently as financial authorities geared up for stricter regulations for a better trading and investment experience. At the time of writing, LTC/USD suffered 0.47 percent to $60.932. Meanwhile, the near-term support is seen at $50.00 and resistance at $70.00.

<Copyright © TokenPost. All Rights Reserved. >

The commenting service is available only after having logged in.
More
  • Bitcoin (BTC) $8,723.89 (+9.00%)
  • Ethereum (ETH) $267.48 (+7.00%)
  • XRP (XRP) $0.410100 (+6.96%)
  • Bitcoin Cash (BCH) $433.82 (+8.12%)
  • Litecoin (LTC) $113.61 (+11.64%)
  • Bitcoin (BTC) $8,723.89 (+9.00%)
May 27, 2019 (Monday)
09:11
More Indian telecom giants including Vodafone Idea, Jio to deploy blockchain-based anti-spam call tech
08:53
Recruit invests in next-gen blockchain startup COTI
07:44
Crypto exchange Bittrex teams up with IdentityMind for automated transaction monitoring
07:05
Rabobank ditches plan to launch cryptocurrency wallet 'Rabobit'
06:53
Deloitte Canada selects LiteLink as blockchain delivery group
06:09
Crypto trading app Robinhood gears up to raise $200M: Report
06:04
Saudi Customs departs first blockchain-powered shipment to Rotterdam
05:16
US State of Montana is now crypto friendly, recognizes utility tokens
04:20
Facebook’s Zuckerberg reaches out to Winklevoss twins for crypto project: Report
03:46
Blockchain capital markets platform iSTOX joins Singapore's sandbox
03:33
Luxury watchmaker Vacheron Constantin to use blockchain technology to authenticate timepieces
03:23
Swisscom TV to showcase blockchain-based artwork
May 24, 2019 (Friday)
12:18
Crypto Technicals: ETH/USD retraces above 1H 200-SMA, 'Hammer' on daily charts signals further gains
10:50
German engineering giant Bosch trials Ethereum blockchain
10:39
Crypto Technicals: BTG/USD grinds higher along 21-EMA, breakout at 61.8% Fib (25.74) will accentuate gains
09:33
Bank of Russia to review proposal on gold-backed cryptocurrency
09:17
Blockchain software firm Unstoppable Domains raises $4M from Draper Associates, Boost VC
08:45
Crypto Technicals: LTC/USD bounces off 21-EMA support, next bull target $109
08:45
Robinhood Crypto is now in New York
07:27
Facebook to launch its cryptocurrency 'GlobalCoin' in Q1 2020: Report
Subscribe to the TokenPost newsletter!
Don't show me this again today.
Back to top
Copyright ⓒ TokenPost. All Rights Reserved.
PUBLISHsoft