• Days
  • Hours
  • Mins
  • Secs
  • Thu, 19 Sep 2019, 05:50 PM
  • All times are UTC
  • Edition:
Copy link
Increase text size
Decrease text size
Link copied

Cryptocurrency Brief: Bitcoin wipes out weekend gains, altcoins follow suit, Japan’s FSA to introduce new regulations for ICOs – Monday, December 03

Mon, 03 Dec 2018, 11:19 am UTC

BTC/USD: Bitcoin prices have almost wiped out the weekend gains, only to witness a major selling pressure across the board, with total capitalization being pushed back down to $130 billion again. At the time of writing, BTC/USD lost 2.68 percent to 4,061.10. Meanwhile, the near-term support is seen at $3,600.00 and resistance at $4,400.00.

Market Update: According to a report from CryptpGlobe, Japan’s Financial Services Agency (FSA), the country’s financial watchdog is said to introduce a new regulatory framework for Initial Coin Offerings (ICOs), owing largely to the wide array of scams happening in the digital currency world. Local sources also said that business owners who issue their own digital currencies must first register with the FSA.

ETH/USD: In line with Bitcoin, Ethereum also immersed itself in the bloodbath, after suffering a humongous 48.63 percent in the month of November. However, ETH/USD maintained an almost range-bound trading throughout the day, with the day’s high seen at 117.53 and low at 112.50. At the time of writing, ETH/USD slumped 2.35 percent to 114.30. Meanwhile, the near-term support is seen at $95.00 and resistance at $130.00.

XRP/USD: Ripple, also remained in the red zone during Monday’s afternoon session, tracking a similar downfall in its wider peers, again owing to the previous sell-off that struck panic sentiment among the investors. At the time of writing, XRP/USD lost 2.14 percent to $0.36395. Meanwhile, the near-term support is seen at $0.3000 and resistance at $0.3800.

BCH/USD: Bitcoin Cash, remained no different, also plunged, albeit the range of trading remained on the tighter side. At the time of writing, BCH/USD (ABC) slumped nearly 4 percent to $163.69, and BCH/USD (SV) lost over 5 percent to 93.25.

EOS/USD: Nothing different, the EOS, also showed up red signals amid investors’ confusion to find a proper direction in the digital currency market. However, the degree of loss was comparatively lower than its peers. At the time of writing, EOS/USD traded 1.11 percent lower at $2.8430. Meanwhile, the near-term support is seen at $2.40 and resistance at $3.05.

LTC/USD: Litecoin, also matched its counterparts, falling, in line with the overall bearish momentum in the market. At the time of writing, LTC/USD remained over 5 percent lower to trade at $32.279. Meanwhile, the near-term support is seen at $2500 and resistance at $40.00.

<Copyright © TokenPost. All Rights Reserved. >

To leave a comment, please sign in.
  • Bitcoin (BTC) $10,065.20 (-1.56%)
  • Ethereum (ETH) $220.89 (+3.29%)
  • XRP (XRP) $0.303100 (-3.57%)
  • Bitcoin Cash (BCH) $317.55 (-2.98%)
  • Litecoin (LTC) $77.16 (-2.23%)
  • Bitcoin (BTC) $10,065.20 (-1.56%)
Sep 19, 2019 (Thursday)
Crypto Technicals: Major Cryptocurrency Support Resistance Levels
Crypto Technicals: Major Cryptocurrency Daily Technical Outlook
Chinese financial institutions increasingly adopting big data, blockchain and AI: Moody’s
Crypto Technicals: Monero fails to hold 200-DMA break, erases most of previous session's gains
North Korea reportedly in early stages of developing bitcoin-like national cryptocurrency
UAE’s Ministry of Health and Prevention rolls out blockchain-based system
PUBLISH’s native token ‘NEWS’ listed on CoinMarketCap
Craig Wright asks 30-day extension as he holds talks to settle $10B lawsuit
Crypto Technicals: Litecoin (LTC) flashing signs of weakness, bearish engulfing and overbought oscillators weigh
Germany adopts comprehensive blockchain strategy to block Facebook's cryptocurrency Libra
Litecoin Foundation selects Celsius Network as preferred interest bearing wallet
Turkey plans to create National Blockchain Infrastructure and regulatory sandbox
Crypto Technicals: ETH/USD retreats from 6-week highs at 217.49, close below 200-DMA to see further weakness
Tata Motors looks to collaborate with startups on blockchain-based solutions amid automotive sector slowdown
Cybersecurity startup GK8 scores $4M to conduct cryptocurrency transactions without connecting to the Internet
Crypto Technicals: Bitcoin turns bearish, slumps below $10,000 mark
SpaceChain wins €60K grant from European Space Agency for blockchain satellite wallet
Huobi launches fiat-to-cryptocurrency exchange in Argentina
Sep 18, 2019 (Wednesday)
Crypto exchange Binance.US to not launch in 13 U.S. states
VanEck, SolidX pull out bitcoin ETF proposal from SEC
Subscribe to the TokenPost newsletter!
Don't show me this again today.
Back to top
Copyright ⓒ TokenPost. All Rights Reserved.