Bitcoin
BTC$65 402.71

-4.22%

Ethereum
ETH$3 383.32

-6.36%

Tether
USDT$1.000017

0.06%

Solana
SOL$187.12

-7.90%

Binance Coin
BNB$529.32

-6.75%

XRP
XRP$0.606161

-2.62%

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 63.6% 76 $65 402.71 -4.22% -8.91% $1 285 698 681 724 BTC 7 days price change
2 Ethereum (ETH) ETH Ethereum predictions 67.2% 68 $3 383.32 -6.36% -16.23% $406 259 813 994 ETH 7 days price change
3 Tether (USDT) USDT Tether predictions 94.4% 1 $1.000017 0.06% 0.01% $103 619 950 115 USDT 7 days price change
4 Solana (SOL) SOL Solana predictions 61.2% 79 $187.12 -7.90% 21.66% $83 057 930 117 SOL 7 days price change
5 Binance Coin (BNB) BNB Binance Coin predictions 56.8% 90 $529.32 -6.75% -1.95% $79 153 814 636 BNB 7 days price change
6 XRP (XRP) XRP XRP predictions 72.8% 59 $0.606161 -2.62% -12.93% $33 217 750 224 XRP 7 days price change
7 USD Coin (USDC) USDC USD Coin predictions 96% 2 $1.000182 0.02% 0.09% $31 278 267 056 USDC 7 days price change
8 Cardano (ADA) ADA Cardano predictions 64.4% 76 $0.628463 -7.17% -17.78% $22 351 120 116 ADA 7 days price change
9 Avalanche (AVAX) AVAX Avalanche predictions 63.6% 73 $58.94 -3.77% 21.76% $22 240 079 816 AVAX 7 days price change
10 Dogecoin (DOGE) DOGE Dogecoin predictions 56.4% 89 $0.133395 -12.19% -23.40% $19 145 783 495 DOGE 7 days price change
11 SHIBA INU (SHIB) SHIB SHIBA INU predictions 56% 94 $0.000026 -11.17% -22.90% $15 064 077 927 SHIB 7 days price change
12 Polkadot (DOT) DOT Polkadot predictions 59.2% 87 $9.27 -8.01% -14.70% $13 204 217 044 DOT 7 days price change
13 Toncoin (TON) TON Toncoin predictions 68.8% 69 $3.69 -5.19% 0.17% $12 802 510 925 TON 7 days price change
14 Wrapped TRON (WTRX) WTRX Wrapped TRON predictions 86.4% 21 $0.123186 -2.21% -7.40% $10 819 481 103 WTRX 7 days price change
15 TRON (TRX) TRX TRON predictions 84% 19 $0.122857 -2.80% -7.53% $10 790 574 804 TRX 7 days price change

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