The Latest reports about cryptocurrencies, blockchain and FinTech from Coinspeaker’s staff writers and our partners.
On Friday, August 28th, the XRP has stopped falling, trading at $0.2654 USD. August promised to be especially successful for the coin but by the end of the month the XRP has lost all that it gained.
On Thursday, August 27th, the BTC is declining, trading at $11363.55 USD. It is correcting after several attempts to grow and renew the peaks.
Cross-chain networks will play a decisive role in the development of DeFi and decentralized applications, and the most applicable rival to Polkadot in this battle of cross-chain environment is Cosmos.
The cryptocurrency market continues to correct.
Following the rejection from the $12,500 resistance level on August 17th, Bitcoin has endured a downtrend that has seen it lose most of the gains incurred throughout the first half of the month.
On Thursday, August 20th, BTC is falling while investors are looking for reasons to resume buying. The asset is mostly trading at $11,755.
After updating their respective highs once again, all assets have started descending corrections, which may be considered just as another movement to the downside before a further uptrend.
On Tuesday, August 18th, ETH is slowly falling; the cryptocurrency is consolidating in anticipation of possible movements. The instrument is mainly trading at $430.92.
Bitcoin fails to break $12,000 providing minuscule weekly returns.
XRP stopped falling. On Friday afternoon, the asset is consolidating at $0.2942 USD.
Governor Lael Brainard in his speech yesterday, August 13, has updated the state and status of the digital currencies in the U.S.
On Thursday, the ETH price is up and the coin is trading at $396. The cryptocurrency is looking quite good and even confident.
Cryptocurrencies are still correcting before another attempt to start a new bullish impulse. In charts of many cryptoassets, they are forming a Triangle pattern, a breakout of which to the upside may lead to the continuation of the current trend.
A few hours before the weekly open Bitcoin’s price crashed.
On Thursday, August 6, BTC has stopped growing, waiting for new catalysts. It is generally trading at $11,745.