Crypto Analyst: Don’t Expect Altcoin Season Until New Bitcoin All-Time High

Since the start of 2019, crypto investors and traders have been watching and waiting for the promise of “alt season,” a period in which altcoins outperform Bitcoin significantly. There have been a few glimmers of an alt season starting, but Bitcoin’s parabolic rally has stopped it short in its tracks.
A “real” alt season may still be aways off, and not until Bitcoin reaches a new all-time high, according to one prominent crypto analyst and if past performance can help predict the future.
Is Alt Season Almost Two Years Away Still? Depends on Bitcoin All-Time High
Bitcoin continues to rise, yet altcoins continue to bleed out both in USD value and relative to their BTC trading pairs. Crypto traders are dumping their alts into the first ever cryptocurrency, either due to FOMO’ing into Bitcoin’s rally, or through derisking in the face of mounting regulatory pressure and one of the largest crypto exchanges eventually cutting off a portion of its userbase.
Related Reading | Clearing Up the Crypto Confusion For US-Based Binance Traders of Altcoins 
The increased sell pressure on alts has helped Bitcoin break through resistance, completely ignored a massive head and shoulders pattern the market was eyeing, and continued on its rally towards $10,000.

First "real" alt season started after we hit new ATH back in February 2017.$LTC went up 700%$XLM went up 3200%$XRP went up 5300%$ETH went up 1060%
It also happened after the #Bitcoin halving which is in 339 days.
Is it gonna be different this time? pic.twitter.com/EL3oWkDpdN
— Livercoin (@livercoin) June 17, 2019

However, according to one crypto analyst, the leading crypto by market cap will need to push even higher in the coming days for alt season to occur once again.
According to the trader, the first “real” alt season stared after Bitcoin set a new all-time high back in February 2017. The previous all-time high had been set back at the top of the 2013 bull run peak, where Bitcoin had reached over $1,o00 for the first time.
In February 2017 when Bitcoin breached that number for the first time, a “real” alt season kicked off that saw Litecoin increase by 700%, Stellar gain as much as 3200%, Ethereum grow by 1060%, and Ripple explode a staggering 5300%.
Related Reading | Crypto Analysts: Ripple Most Bullish USD Chart, XRP Target 2000% Gains 
All of this happened after the Bitcoin halving, which is still 339 days away. It’s surprising that alt season may be so far off, as altcoins have been in their longest accumulation pattern yet. Regardless of the timeframe, most crypto analysts agree that at least three of the four aforementioned altcoins are primed for a massive movement upward, both in USD value and relative to BTC. These coins are expected to greatly outperform Bitcoin in the coming months.

Another interesting fact :
Both bottoms formed +- 530 days before the Bitcoin halving.
A potential alt season is only 600 days away!!! You better start accumulating. pic.twitter.com/i8zQ0rrJav
— Livercoin (@livercoin) June 17, 2019

Also, it’s important to note that the Bitcoin halving is still 339 days away, but both bottoms – Bitcoin and alts – formed about 530 days before the Bitcoin halving. This means that any potential alt season could be as far as nearly two years away.
But as we’ve seen with Bitcoin transitioning from bear market into bull, the momentum this time appears to be stronger now that institutions have become involved, and the market cycle seems to be increasing in rate. Should this be the case, much like Bitcoin left lows sooner than expected, an alt season may also arrive sooner than anyone is prepared for.
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Coinbase Custody Supports Blockchain Capital’s BCAP Security Token

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Coinbase Custody Supports Blockchain Capital’s BCAP Security Token
Coinbase Custody announced that they will be supporting Blockchain Capital (BCAP) deposits and withdrawals. Blockchain Capital’s native token BCAP is one of the very first security tokens for which they conducted an STO in April 2017.
Coinbase Custody Supports Blockchain Capital’s BCAP Security Token

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Source: CoinSpeaker

Crypto-Market Cap Losses $20 Billion: Bitcoin [BTC] Test $7700 as Alts ETH, XRP, LTC Follow Suit

Bitcoin [BTC] had a fairly eventful week as the price tested yearly highs but then fell back to fill the gap till $8000. However, on a weekly scale, the closing price near the opening indicating indecision in the market. Jacob Canfield expressed the market sentiments back his TA,
NEW #Bitcoin Analysis – Indecision In The Air At $9,000. – Bearish Weekly Closing – Low Volume On Rally – Trend lines Need To Hold…
With over 55% gain in the last month, the uncertainty has led to a further correction as the price is forming support near $8000. BTC tested a low near $7800 on Tuesday, 4th June 2019. The price of Bitcoin [BTC] at 2: 30 Hours UTC on 4th May 2019 is $7980$. It is trading 6.65% lower on a daily scale.
Also Read: Bitcoin [BTC] More Closely Related to the Falling Chinese Yuan than Gold: Report
BTC/USD 1-Day Chart on Bitstamp (TradingView)
Ethereum, Bitcoin Cash [BCH] and Litecoin [LTC] Test Support Levels
Ethereum, Bitcoin Cash and Litecoin are testing key resistance and support levels at $250, $400 and $100 respectively. There is an apparent similarity between the daily charts of Bitcoin and some altcoins (like Ether here).
ETH/USD 1-Day Chart on Bitstamp (TradingView)
Litecoin [LTC] also recorded similar price movements as it touched a high and low of $122 and $114, respectively during the last week. Currently, it is testing support levels above $100. The price of XLM at 3: 40 hours UTC on 4th June 2019 is 103.94.
XRP and Stellar Prices Drop As Well
XRP/USD 1-Day Chart on Bitstamp (TradingView)
XRP which was looking to break-out has fallen back to support at $0.41 as well. Moreover, Stellar (XLM) dropped proportionally to Bitcoin as well. The losses in most altcoins are in the 7-10% range, which is affected by BTC.
Also Read: Ripple [XRP] Price Analysis: Was This Retracement Necessary? Flag Pattern Breakout Looms
EOS, Cardano, Tron Bullish Momentum Reversed
EOS and Tron rose impressively in the past week, riding on announcement anticipation and development news. The prices of these cryptocurrencies dropped by 11.4$ and 10.2% respectively.
The price of Cardano’s ADA at 3: 40 hours UTC on 4th June 2019 is $0.087. It is trading 8.69% lower on a daily scale.
Cosmos [ATOM] was the only currency trading in the green with over 8.45% rise. The cryptocurrency has gained over 20% since the beginning of June. The price of ATOM at 3: 40 hours UTC is $6.52.
Also Read: Bitcoin Adoption: Crypto Leaders Cite Regulation, Price Speculation as Barriers
The total market capitalization of the cryptocurrency markets lost about a $20 billion as it dropped to $255 billion. The dominance of Bitcoin [BTC], nevertheless, stayed at 55.9%. Furthermore, the indecision in Bitcoin [BTC] prices have made altcoin traders of their investments as well.
Do you think that the market will be resilient to this correction as well or prices will fall further? Please share your views with us. 
The post Crypto-Market Cap Losses $20 Billion: Bitcoin [BTC] Test $7700 as Alts ETH, XRP, LTC Follow Suit appeared first on Coingape.
Source: CoinGape

Crypto Market Jumps $30 Billion: Bitcoin Cash, BNB, EOS, TRX Price Analysis

The total crypto market cap surged higher and broke the key $245.0B resistance area.
Bitcoin price spiked close to 10% and traded towards the $8,800 resistance area.
EOS price tested the $7.00 resistance area and it is currently consolidating gains.
Binance Coin (BNB) is slowly moving higher and it is likely to break the $35.00 resistance.
Bitcoin cash price surged close to the 10% and rallied above the $420 and $440 levels.
Tron (TRX) price is up more than 15% and broke the key $0.0300 resistance area.

The crypto market cap surged abov $245.0B and $250.0B, with strong gains in bitcoin (BTC) and Ethereum (ETH). Binance coin (BNB), BCH, tron (TRX), litecoin, ripple and EOS are gaining strength.
Bitcoin Cash Price Analysis
After successful close above the $400 level, bitcoin cash price climbed higher steadily above the $410 and $415 resistance levels against the US Dollar. The BCH/USD pair even broke the $440 level and traded close to the $445-450 zone. At the moment, the pair is currently consolidating above $440 and it could correct lower towards the $430 level.
On the upside, the main resistance is near the $450 level, above which the pair is likely to accelerate above the $460 and $465 levels.
Binance Coin (BNB), EOS, Tron (TRX) Price Analysis
EOS price rallied above the $6.50 and $6.55 resistance levels. The price is up around 10% and it is currently trading just below the $7.00 resistance level. A clear break above the $7.00 barrier could push the price towards the $7.20 level.
Tron price started a strong upward move above the $0.0295 and $0.0300 resistance levels. TRX price is up more than 15% and it is currently trading above the $0.0315 level. An immediate resistance is at $0.0320, followed by $0.0325.
Binance coin (BNB) is trading steadily above the $33.20 and $34.00 support levels. BNB price is currently consolidating and it seems like the bulls might attempt to push the price above the $35.00 resistance level in the near term.

Looking at the total cryptocurrency market cap 4-hours chart, there was a major upside break above the key $245.0B and $250.0B resistance levels. The market cap broke a key bearish trend line and rallied above the $255.0B level. It jumped towards the $265.0B level and it is currently correcting lower. An initial support is near the $256.0B level, below which there is a strong support waiting near the $250.0B level. On the upside, a break above the $265.0B level may push the cap towards the $275.0B level in the coming sessions. Overall, the current market sentiment is very bullish for bitcoin, Ethereum, TRX, LTC, EOS, ripple, ADA, XLM, WTC, BCH, and ICX.
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Crypto Market Showing Positive Signs: Bitcoin Cash, XLM, EOS, TRX Analysis

The total crypto market cap found a strong support near $122.0B and recently climbed higher.
Bitcoin price bounced back above the $7,700 and $7,800 resistance levels.
Bitcoin cash price gained a strong bullish momentum and jumped back above $400.
EOS price is recovered above the key $6.00 and $6.05 resistance levels.
Stellar (XLM) price is currently consolidating below the $0.1250 and $0.1300 resistance levels.
Tron (TRX) price is holding the key $0.0265 and $0.0272 support levels.

The crypto market cap is showing positive signs, with bullish moves in bitcoin (BTC) and Ethereum (ETH). BCH, stellar (XLM), ADA, EOS, ripple, and tron (TRX) could climb higher in the near term.
Bitcoin Cash Price Analysis
Bitcoin cash price found a strong support near the $370 and $375 levels against the US Dollar. The BCH/USD pair started a fresh increase and broke the $390 and $395 resistance levels. The pair even traded above the $400 level and it is currently consolidating gains.
On the upside, an immediate resistance is near the $410 level, above which the price may continue higher towards the $420 level. On the downside, the key supports are near the $395 and $390 levels.
Stellar (XLM), EOS and Tron (TRX) Price Analysis
EOS price found support near $5.80 and recently recovered above the $5.85 and $5.95 levels. The price even broke the $6.00 barrier and it may continue to rise towards the $6.15 and $6.20 resistance levels.
Stellar price tested the $0.1200 support level and it is slowly moving higher. An immediate resistance is at $0.1250, above which XLM price might surge towards the $0.1300 or $0.1320 resistance. On the downside, the main supports are $0.1200 and $0.1150.
Tron price settled below the key $0.0285 support area and recently tested the $0.0270 level. TRX price is currently moving higher and it could revisit the $0.0280 and $0.0285 levels. However, a convincing break above the $0.0290 level is needed for more gains in the near term.

Looking at the total cryptocurrency market cap hourly chart, there was a downside correction from the $244.0B resistance area. The market cap decline below the $230.0B support area and recently tested the $220.0B support area. It recovered recently and climbed above the $230.0B resistance. It seems like there is a major contracting triangle forming with resistance near the $240.0B level. A successful close above the $240.0B resistance may perhaps open the doors for more gains. The next key resistance is near $245.0B, above which the market cap could accelerate towards the $250.0B level. On the downside, the main supports are near the $225.0B and $222.0B levels. Overall, there are could be more upsides in bitcoin, Ethereum, EOS, ripple, litecoin, bitcoin cash, XLM, TRX, BNB, WAN, WTC, ICX, and other altcoins in the near term.
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Crypto Market Wrap: $14 Billion Blitzed as Bitcoin Beats a Retreat

Crypto markets dumping hard; Stellar, Cardano, BSV, NEM and IOTA in a hurt locker, Matic still moving.
Market Wrap
The big Bitcoin pullback has finally begun. Crypto markets are crumbling today in Asia as Bitcoin dips precipitously below key support sending the altcoins crashing around it. Total market capitalization has shed over $14 billion and is approaching $235 billion at the time of writing.
After a very clear double top formation, Bitcoin failed to break resistance and started on a downward slide that has resulted in a 4.3 percent dump on the day. From trading just below $8,000 BTC has fallen back to just above $7,600 at the moment. Analysts are eyeing resistance at $7.4k and $6.8k with further declines likely if these cannot be held.
Ethereum has followed suit as usual and with a 7.5 percent dump is now back at $237. ETH has not managed to decouple from Bitcoin and could return to support at the $232 area.
The top ten is awash in red during Asian trading today. Cardano is getting crushed over 10 percent and Stellar is not far behind, dumping 9 percent. XRP, Bitcoin Cash and EOS have all dropped 7 percent and only Binance Coin is staying afloat, just above $30 with a 2 percent loss.
Big trouble faces the top twenty at the moment as Bitcoin SV dumps 12 percent of its epic gain yesterday. The US Copyright Office has already said it does not investigate whether there is a provable connection between the claimant, Craig Wright, and the pseudonymous BTC code author, effectively urinating on his parade. Also getting dumped on is NEM with a 12 percent slide, IOTA dropping 11 percent and Cosmos at 10%. The rest are sliding 6 – 8 percent at the time of writing.
FOMO: Matic Still Moving
Yesterday’s Binance induced pump is still going today as MATIC adds another 20 percent to its price. Embellishment from the world’s largest exchange can do wonders for a crypto project and give it a somewhat unfair advantage over its competitors. Crypto.com Chain has also had a bit of a revival with a 10 percent surge against the flow today. The Singapore based crypto wallet and card keeps adding new assets.
There are too many double digit dumps today to count but those at the messy end of the top one hundred include Insight Chain, Enjin Coin, BSV, NEM and Qtum all dropping over 12 percent.
Total market capitalization 24 hours. Coinmarketcap.com
Total crypto market capitalization has been smashed $14 billion as it falls back to $236 billion today. The mass exodus is not over yet as Bitcoin searches for support. On the week crypto markets have dropped 7 percent but on the month they’re still up almost 25 percent so this pullback is nothing to be too concerned about … yet.
Market Wrap is a section that takes a daily look at the top cryptocurrencies during the current trading session and analyses the best-performing ones, looking for trends and possible fundamentals.
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Coinbase’s ‘Earn’ Program Expands to 103 Countries

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Coinbase’s ‘Earn’ Program Expands to 103 Countries
Cryptocurrency exchange Coinbase has expanded its Earn program to 103 countries. Now users from the U.S., U.K., much of the EU, Canada, Singapore, Australia, and others, can sign up to earn crypto for learning about the tech.
Coinbase’s ‘Earn’ Program Expands to 103 Countries

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Source: CoinSpeaker

Crypto-Market Top Weekly Performers: Bitcoin, Ethereum, XRP, Stellar, Tezos, Binance

Bitcoin bulls have turned out to be more relentless than most traders would have predicted from its historic prices. Moreover, the fundamentals around Bitcoin [BTC] seem to be stronger than ever with the Bitcoin virus spreading to the east now. Mati Greenspan, the senior market analyst at eToro tweeted,
“BTC on the move again… Asian market certainly doing their bit today.”
This is coming after a huge pullback on 17th May 2019. A Bullish Marubuzo with was seen in the 0: 00-4: 00 Hours UTC on 19th May as the market broke above $8000 again. This the second time the market has attempted to break it after a huge correction.
BTC/USD 1-Day Chart on Bitstamp (TradingView)
The other four performing coins
Opening Price: $6968
Closing Price: $8109
The weekly gains: 16.3%
Weekly High/Low: $8390/$6178
Binance [BNB] Coin
Binance [BNB] coin was trading in the red in the last week’s update trading around $20. Nevertheless, the token started picking up value again as normal operations began at Binance Exchange after the hack. This week Binance also initiated the process of burning token from the Ethereum blockchain to process them on the native Binance Blockchain.
BNB/USD 1-Day Chart on TradingView
Opening Price: $20
Closing Price: $29.5
The weekly gains: 47.6%
Weekly High/Low: $32.2/$19.9
Stellar [XLM]
Stellar’s rise was higher than most coins during the week as it held gained 35% on a weekly scale. The Stellar validators were reportedly shut down for two hours on 15th May 2019. As Bitcoin continued to correct and rise, Stellar held it gains above 0.00001750 BTC.
XLM/USD 1-Day Chart on Bitfinex (TradingView)
Opening Price: $0.10
Closing Price: $0.14
The weekly gains: 40%
Weekly High/Low: $0.16/$0.117
Ethereum [ETH]
Ethereum has been the top performer in leading altcoin gains in terms of total market capitalization. The total market capitalization of Ethereum is above $25 billion. It still accounts for more than 10% of the total capitalization of cryptocurrency markets.
Also Read: Ripple’s XRP and Ethereum Fight for 2nd Place Behind Bitcoin In The Wake of a Bull Run
ETH/USD 1-Day Chat on Coinbase (TradingView)
Opening Price: $188
Closing Price: $259
The weekly gains: 38%
Weekly High/Low: $281/$185
Tezos [XTZ]
Tezos [XTZ] has been one of the best performing coins of the year. It has gained more than 100% before the bull run on Bitcoin began. The gain was influenced by the Coinbase allowing Tezos [XTZ] as the first coin which could be staked/forged on the Coinbase Custody platform.
It was on the rise again this week as the market seems to have broken bullish since the beginning of the month. It broke above $1.75 as it set sights on to $2.
XTZ/USD 1-Day Chart on Bitfinex (TradingView)
Opening Price: $1.24
Closing Price: $1.77
The weekly gains: 43.4%
Weekly High/Low: $1.833/$1.23
XRP, Dash, IOTA, and Cosmos [ATOM]
The almost all altcoins were in the green on a weekly scale. While the above-mentioned cryptocurrencies rose higher than the rest, XRP, Dash, IOTA, and Cosmo [ATOM] also registered more than 20% gains.
The gain in XRP was considerable as it broke above the $18 billion market capitalization. Moreover, the weekly rise is about 25%. The dominance of XRP over cryptocurrency market is about 7%. The rise of Dash, IOTA, and ATOM is 21%, 31% and 23$ respectively on a weekly scale.
XRP/USD 1-Day Chart on Bitstamp (TradingView)
*The percentage dominance of cryptocurrencies w.r.t. to the total market capitalization of the market at $0.5 billion is 0.23%. Hence, for Analysis purpose we will only consider cryptocurrencies with a total market capitalization $0.5 billion or more. For future analysis, we’ll try to maintain 0.25% as a standard for the calculation.
**The data is taken at around 11: 00 Hours UTC on 19th May 2019. 
The post Crypto-Market Top Weekly Performers: Bitcoin, Ethereum, XRP, Stellar, Tezos, Binance appeared first on Coingape.
Source: CoinGape

Crypto Market Testing Crucial Support: Bitcoin Cash, Litecoin, EOS, XLM Analysis

The total crypto market cap declined sharply and tested an important support near $210.0B.
Bitcoin price is showing signs of a decent recovery above the $7,200 support level.
Litecoin (LTC) price failed to stay above the $100 level and recently declined below $90.
Bitcoin cash price is down more than $90 from the recent high and broke the $380 support.
EOS price is once again below the key $6.20 and $6.00 support levels.
Stellar (XLM) price is gaining traction and it is up more than 7% to $0.1310.

The crypto market cap is currently holding a crucial support, with range moves in bitcoin (BTC) and Ethereum (ETH). Altcoins such as LTC, ripple, bitcoin cash, EOS, TRX, and stellar slowly recovering.
Bitcoin Cash Price Analysis
Bitcoin cash price surged towards the $450 level and recently declined heavily against the US Dollar. The BCH/USD pair broke the $400 and $385 support levels to enter a bearish zone. The recent decline was such that the price even broke the $365 support and tested the $350 support level.
The price is currently consolidating above the $350 support and it could correct higher in the short term. An immediate resistance is at $375, above which the price may test the $385 level.
Litecoin (LTC), EOS and Stellar (XLM) Price Analysis
Litecoin price failed to stay above the $100 level and topped near the $107 level. LTC price is down sharply and it recently traded below the $100, $95 and $92 support levels. The price even broke $90 and tested the $85 support level.
EOS price recently traded below the key $6.40 and $6.20 support levels. More importantly, it broke the $6.00 support level and the price test the $5.85 support. It could recover in the short term and might test $6.00 or $6.20.
Stellar price is performing well and remained well bid above the $0.1150 support level. XLM price is up more than 7% and it recently broke the $0.1250 and $0.1300 resistance levels. The next key hurdles are $0.1350 and $0.1380, where sellers may emerge.

Looking at the total cryptocurrency market cap 4-hours chart, there was a sharp bearish reaction from well above the $250.0B level. The market cap declined more than $40.0B and tested the $210.0B support area. It seems like there is a strong support forming near the $210.0B level and a connecting bullish trend line on the same chart. Therefore, as long as the market cap is above the trend line and $210.0B, there could be upsides in bitcoin, Ethereum, EOS, litecoin, ripple, XLM, BCH, ADA, BNB, TRX, ICX, and other altcoins in the coming sessions. If not, there could be a downside extension towards the $200.0B support area.
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SatoshiPay launches Solar wallet on mobile app stores for Stellar [XLM] Network

SatoshiPay has been working closely and designing micro-payment apps for the Stellar Network. Earlier this year, the micro-payment solution company launched ‘Solar wallet’, a stellar network-based and user-friendly desktop wallet. The Solar Wallet has proved to be user-friendly and easy-to-use and can securely manage funds. In order to expand their market, SatoshiPay has expanded its distributed ledger technology to mobile phones as well.
In a tweet, SatoshiPay confirmed the release of the mobile version of Solar wallet on Apple and Google Play app stores.

Hello Folks the much anticipated mobile versions of our Solar Wallet are now available in the app stores. Download the app now and expect many cool features in the coming weeks https://t.co/ukYTR4HG5j
— SatoshiPay (@SatoshiPay) May 17, 2019

SatoshiPay intends to integrate wallet and external services in order to redefine user value and experience on the Stellar Network by providing opportunities to get in touch with other blockchain-based services on the internet such as Hardware wallet support and multi-factor authentication support.
Despite the recent downtime that froze the Stellar Network for two hours which resulted in a 16% fall, XLM seemed to be doing good with a 5.25% surge in the past 24 hours, at press time.
The post SatoshiPay launches Solar wallet on mobile app stores for Stellar [XLM] Network appeared first on AMBCrypto.
Source: AMB Crypto

XRP Price Surges Over 30% On All-Around Positive News, Stellar [XLM] Gains With It

XRP is making a move again, thrice during the same day, as it broke above $0.42 after 4 months. XRP gained more than 30% in a day. Bitcoin’s bull market has had a positive effect on all cryptocurrencies, however, the volatility of Ripple was limited until today.
The price of XRP at 15: 45 Hours UTC on 14th May 2019 is $0.4118 or 0.000051 BTC. It is trading 26.2% on a daily scale in USD.
XRP/USD 4-Hour Chart on Bitstamp (TradingView)
The positive price movement on Ripple can be attributed to the all-around good news for Ripple. Germany’s second largest Exchange released XRP-based ETNs on Monday 13th May.
Furthermore, Coinbase also made a major announcement. XRP trading was prohibited in the state of New York until now. However, Coinbase announced that it has been made available for New York residents on Coinbase.com. We can also expect Coinbase Custody to allow the same as well.
Coinbase XRP Announcement (Tweet)
Ripple’s efforts and the favorability of XRP with banks and other financial institutions, make XRP one of the most popular cryptocurrency. Moreover, XRP had been testing support levels near $0.3-0.31 for more than 3 months and the hodler’s were expecting a ‘trend reversal.’
The CEO of Binance also bantered with the Crypto-community on XRP, sharing a popular jinx that through a tweet about the on-going maintenance at Binance.
“think positively, whenever we do maintenance, #XRP pumps.”
Stellar [XLM] Gains 13.52%; Is it taking Cue from XRP?
In an abundance of cryptocurrency, one which shares history and utility with XRP is stellar. The duo is the only two positive cryptocurrencies w.r.t. Bitcoin [BTC] in the current markets. The rise on XRP and Stellar w.r.t. BTC is about 20% and 7.8% respectively on a daily scale.
XLM/USD 4-Hour Chart on Coinbase (TradingView)
The price of XLM with respect to Bitcoin broke above 0.00001440 BTC after retracing from 0.00001240 BTC. The price of Stellar at 15: 45 Hours UTC on 14th May 2019 is $0.114. It is trading 12.32% higher on a daily scale.
Do you think that the trend would reverse in XRP as it did in Bitcoin? Please share your views with us.  
The post XRP Price Surges Over 30% On All-Around Positive News, Stellar [XLM] Gains With It appeared first on Coingape.
Source: CoinGape

Breaking: Bitcoin Price Hits New 2019 ATH, Exceeds $100B Market Cap

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Breaking: Bitcoin Price Hits New 2019 ATH, Exceeds $100B Market Cap
Following Bitcoin, which hit its 2019 all-time-high, all cryptos are seeing growth in their prices. Some have increased slightly, others are enjoying a hike. 
Breaking: Bitcoin Price Hits New 2019 ATH, Exceeds $100B Market Cap

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Source: CoinSpeaker

Bitcoin Leading Crypto Market Rally: Bitcoin Cash, XLM, EOS, TRX Price Analysis

The total crypto market cap is gaining momentum above the $175.0B resistance level.
Bitcoin price rallied more than 3.5% and climbed above the $5,550 resistance.
Bitcoin cash price is currently placed nicely above the $270 support level.
EOS price is back above the $4.80 level and it may test the $4.90 resistance.
Stellar (XLM) price is likely to gain momentum above the $0.1000 resistance level.
Tron (TRX) is still struggling to clear the $0.0242 and $0.0245 resistance levels.

The crypto market cap is climbing higher, with sharp gains in bitcoin (BTC) and BNB. Altcoins like Ethereum (ETH), BCH, stellar (XLM), ADA, EOS, ripple, and tron (TRX) could also climb higher.
Bitcoin Cash Price Analysis
Bitcoin cash price formed a decent support base and recently climbed above the $262 and $265 resistance levels against the US Dollar. The BCH/USD pair even broke the $270 level and it looks set to gain momentum above the $275 resistance level in the near term.
A clear break above the $275 and $280 resistance levels may open the doors for a sharp upward move in the near term. The next key resistance is near the $300 level, and the main support on the downside is at $260.
Stellar (XLM), EOS and Tron (TRX) Price Analysis
EOS price bounced back above the $4.75 and $4.80 resistance levels to move into a positive zone. It seems like the price may continue to rise and it could test the $4.90 or even $4.95 resistance. The crucial hurdle for the bulls is near the $5.00 level.
Stellar price is slowly moving higher and it is currently near the $0.0990 level. XLM price is likely to climb above the $0.1000 and $0.1020 resistance levels in the near term. On the downside, an initial support is at $0.0980, followed by the $0.0960 level.
Tron price is currently consolidating, but it is still below the key $0.0242 and $0.0245 resistance levels. TRX price must clear the $0.0245 resistance level to start a strong upward move. The main support on the downside is near the $0.0235 and $0.0232 levels.

Looking at the total cryptocurrency market cap hourly chart, there was a strong upward move above the $170.0B and $172.0B resistance levels. The market cap even broke a contracting triangle resistance near the $174.0B resistance. It climbed above the $175.0B level and it seems like there could be more upsides towards the $180.0B resistance level. If there is a downside correction, the market cap is likely to find support near the $175.0B or $174.0B level. Overall, the trend is very positive for bitcoin, Ethereum, EOS, ripple, litecoin, bitcoin cash, XLM, TRX, BNB, WAN, WTC, ICX, and other altcoins.
The post Bitcoin Leading Crypto Market Rally: Bitcoin Cash, XLM, EOS, TRX Price Analysis appeared first on NewsBTC.
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Multibillion Banking Giant SABB Launches Cross-Border Transfers with Ripple’s XRP

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Multibillion Banking Giant SABB Launches Cross-Border Transfers with Ripple’s XRP
SABB notes that the instant cross-border payment service powered by the Ripple blockchain network will help to bring digital transformation and better customer experience.
Multibillion Banking Giant SABB Launches Cross-Border Transfers with Ripple’s XRP

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Source: CoinSpeaker

Why IBM Chose Stellar (XLM) for Its World Wire Network?

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Why IBM Chose Stellar (XLM) for Its World Wire Network?
Watch the video and discover what IBM developers working on World Wire think about Stellar technology and why they like it.
Why IBM Chose Stellar (XLM) for Its World Wire Network?

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Source: CoinSpeaker