Crypto Report: Bitcoin in Demand; Update on XRP, Ethereum, Litecoin and Tron


Crypto Market

Crypto Report: Bitcoin in Demand; Update on XRP, Ethereum, Litecoin and Tron

Latest updates on cryptocurrency prices and what’s happening in the world of crypto.

Bitcoin/USD

At the time of writing, Bitcoin has been trading at $3,630 while being down by 1.15% in the past 24-hours. The dip in price means Bitcoin price volatility has crashed in the last 12 months as the ongoing bear market kills the speculative activities.

Bitcoin 24-hours price chart, Source: TradingView

Meanwhile, Eric Thies, a cryptocurrency technical analyst says, “Similar to 2015, 2019 may be the year of accumulation.”

The leading cryptocurrency is seeing huge demand as the newly launched Binance exchange Binance.je that offers fiat-to-crypto trading pairs got a backlog of KYC verifications for registration as it received an overwhelming response.

Ethereum/USD

Ethereum is currently trading at $122 with 24-hours loss of close to 3 percent. This week the scheduled Constantinople hard fork got delayed due to the vulnerability found in EIP 1283. For now, the upgrade is not happening this week and would be decided in a meeting to be held on later this week. Meanwhile, 10335 users have upgraded their Parity Ethereum nodes.

Ethereum 24-hours price chart, Source: Coinmarketcap

XRP/USD

Recently, Ripple CTO, David Schwartz took to Twitter to address the rumours of the alleged takeover of the XRP Ledger, “This is amusing. A hostile takeover of the XRP Ledger is not technically possible nor does this plan make economic sense.”

The second largest cryptocurrency has been trading at $0.3273 with 24-hours loss of 1.75% at press time. Adding clients to its growing list, one of xRapid client Mercury FX founder, Alastair Constance praised XRP with, “Using XRP to move your money faster and cheaper is a no-brainer.”

XRP 24-hours price chart, Source: Coinmarketcap

Litecoin/USD

Currently registering over 3 percent loss, Litecoin is sitting at $32. Recently, Ben Askren, former Olympic Wrestler who is making his UFC debut gave a shout out to Litecoin, “Pumped for @LTCFoundation to sponsor me for UFC 235!” Meanwhile, Lite.IM launched Litecoin purchasing on Facebook Messenger, Telegram and SMS.

LTC 24-hours price chart, Source: Coinmarketcap

Tron/USD

The 10th largest cryptocurrency by market cap started this year on a positive note with listings on OKCoin and ABCC exchange along with a surge in Dapp activity on its network. Now, Tron Foundation is counting down the hours to launch its niTROn-2019 TRON Summit.

This two-day summit “offers attendees the chance to understand what has happened and learn what’s to come as blockchain levels the online playing field and creates new opportunities for entrepreneurs and investors.”

Meanwhile, at price front, Tron is trading with the 24-hours loss of 2.17 percent at $0.0244.

TRX 24-hours price chart, Source: Coinmarketcap

Disclaimer The presented content may include the personal opinion of the author and is subject to market condition. Do your market research before investing in cryptocurrencies. The author or the publication does not hold any responsibility for your personal financial loss.
Author: Anjali Tyagi

Having a background in writing, I worked on a wide array of industry topics and have recently entered the world of Blockchain and Cryptocurrency.

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Anjali Tyagi 440 Articles

Having a background in writing, I worked on a wide array of industry topics and have recently entered the world of Blockchain and Cryptocurrency.

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