Bitcoin
BTC$42 794.09

-0.61%

Ethereum
ETH$3 270.05

-1.47%

Binance Coin
BNB$485.08

-1.40%

Tether
USDT$1.000406

0.01%

Cardano
ADA$1.46

8.57%

USD Coin
USDC$0.999654

-0.07%

Binance Coin rate dropped the most on hacker attack


May 2019

Cryptocurrency assets traded with a slight change in prices at the end of the trading session on Wednesday. Ethereum fell to a level of 169 dollars, and the price of XRP dropped to around 0.3010 dollars. Bitcoin rate has grown by more than 5% in the last 24 hours from $ 5,800 to $ 6,098, confidently overcoming the resistance level of $ 6,000 for the first time in 2019. After hacking Binance, investors expected a new wave of fears, uncertainty and doubt, which should set the short-term tone for the market. But Bitcoin confidently struck an important psychological mark of $ 6000, updating the highs of mid-November last year. The breakdown of this level was accompanied by a surge in trading volumes. During the past month, technical analysts and traders pointed to a possible increase in Bitcoin to $ 6,200 - $ 6,400, which will signal another serious attempt to switch Bitcoin to a bullish mode.

The largest cryptocurrency exchange, Binance, reported yesterday about a hacker attack and a loss of 7,000 Bitcoin, or $ 45 million. 7,074 Bitcoins were stolen, which is 2% of all BTC coins stored in a crypto-exchange. According to representatives of Binance, hackers managed to get hold of a large number of API keys, two-factor authentication codes, and possibly other data using phishing, viruses, and other types of attacks. As a result, hackers managed to gain access only to the “hot” wallet, which held about 2% of the funds. To cover the losses, funds from the fund created in the middle of last year will be used, to which the exchange sends 10% of the total volume of trade commissions. Currently, the exchange is going to conduct a security audit, which can take about a week. During this time, I / O funds will not be available. The attack had a slight effect on the top ten cryptocurrency quotes, and the Binance Coin rate dropped the most.

In the near future, the growth of the benchmark cryptocurrency will be tested for strength, but it is already obvious that market participants are increasingly believing in the future of the project, while pessimists are gradually changing their opinions without resorting to taking profits after minor spikes in growth.

Litecoin developers introduced a new version of Litecoin Core client. Among the main improvements are reduced commissions and advanced privacy settings. Also support of partially signed transactions was implemented for more convenient work with hardware wallets, multi-signatures and CoinJoin transactions. Litecoin has increased in price by 150% since the beginning of 2019, which was the best result among the top cryptocurrencies.

In our forecast for Thursday, we expect Bitcoin prices to fall to the levels of 5900, 5850 and 5800 dollars, Ethereum to the marks of 167, 165, 162 dollars, and XRP to the levels of 0.3000, 0.2975 and 0.2940 dollars.


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Top Cryptocurrencies with Price Predictions

# Crypto Prediction Accuracy CVIX Price 24h 7d Market Cap 7d price change
1 Bitcoin (BTC) BTC Bitcoin predictions 69.2% 55 $42 794.09 -0.61% 1.43% $810 168 049 693 BTC 7 days price change
2 Ethereum (ETH) ETH Ethereum predictions 65.2% 68 $3 270.05 -1.47% 2.93% $389 763 601 939 ETH 7 days price change
3 Binance Coin (BNB) BNB Binance Coin predictions 72.8% 52 $485.08 -1.40% 9.01% $80 911 761 325 BNB 7 days price change
4 Tether (USDT) USDT Tether predictions 93.2% 1 $1.000406 0.01% 0.01% $78 431 375 548 USDT 7 days price change
5 Cardano (ADA) ADA Cardano predictions 71.6% 52 $1.46 8.57% 24.35% $48 920 187 300 ADA 7 days price change
6 USD Coin (USDC) USDC USD Coin predictions 94% 1 $0.999654 -0.07% -0.09% $45 456 614 172 USDC 7 days price change
7 Solana (SOL) SOL Solana predictions 65.2% 78 $143.22 -2.76% -0.04% $44 972 460 681 SOL 7 days price change
8 XRP (XRP) XRP XRP predictions 69.6% 58 $0.764648 -1.88% 0.84% $36 445 510 124 XRP 7 days price change
9 Terra (LUNA) LUNA Terra predictions 70% 59 $83.60 -3.05% 13.67% $29 968 288 867 LUNA 7 days price change
10 Polkadot (DOT) DOT Polkadot predictions 73.2% 53 $26.59 -5.36% 5.67% $26 260 689 376 DOT 7 days price change
11 Dogecoin (DOGE) DOGE Dogecoin predictions 76.4% 46 $0.170888 -5.89% 12.43% $22 671 856 797 DOGE 7 days price change
12 Avalanche (AVAX) AVAX Avalanche predictions 66.4% 76 $89.66 -2.78% -0.85% $21 908 936 318 AVAX 7 days price change
13 Polygon (MATIC) MATIC Polygon predictions 73.2% 54 $2.40 3.16% 11.78% $17 532 637 165 MATIC 7 days price change
14 SHIBA INU (SHIB) SHIB SHIBA INU predictions 70.4% 59 $0.000030 -3.27% 2.93% $16 208 505 542 SHIB 7 days price change
15 Binance USD (BUSD) BUSD Binance USD predictions 93.6% 1 $0.998891 -0.18% -0.13% $14 431 175 560 BUSD 7 days price change

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