Bitcoin
BTC$41 899.34

-4.94%

Ethereum
ETH$2 868.68

-7.93%

Cardano
ADA$2.21

-1.36%

Tether
USDT$1.000855

0.04%

Binance Coin
BNB$346.29

-8.40%

XRP
XRP$0.923671

-6.99%

Bitcoin holds above $5000


#Bitcoin

Cryptocurrencies go up amid a whole batch of good news


The main cryptocurrency assets traded with low volatility at the end of last week. The price of Bitcoin remained unchanged at around $ 5,100, Ethereum rose slightly to the level of $ 164, and XRP reached $ 0.3250.

At the end of last week in France, a new law was adopted, which will become a new important stage for the official adoption and regulation of cryptocurrency in the Eurozone. Under the new law, France based insurance institutions in  will have the possibility to invest in virtual currencies via specialized professional funds without limitations on the amount of investments. In addition, insurance companies will be able to offer their customers cryptocurrency-based products. Private equity investment funds also fall under this law, and this may mean that institutional investors may be affected.

Major cryptocurrencies on Monday are rising in price amid reports that in France, insurance companies have been allowed to invest in digital assets. The national assembly of the country passed a corresponding bill that does not limit the size of investments by insurers in cryptocurrencies.

Against the background of this news, the bitcoin rate at 9.00 per day, according to Libertex, increased by 1.99% to $ 5167 with a capitalization of 91.4 billion dollars. Ethereum by this time went up by 3.03% - up to 168.5 dollars with a capitalization of 17.8 billion dollars. The important news for this cryptocurrency was a message about the possibility of holding Ethereum hard forks every three months.

The rate of XRP per day increased by 0.92% - to $ 0.327, its capitalization amounted to $ 13.7 billion. Litecoin jumped immediately to 6.11% - to $ 83.4 with a capitalization of $ 5.1 billion on the report that the Litecoin hash rate of the network has updated the record figure for 2018.

The Litecoin network hashrate updated its previous record for the end of May 2018 this month. The record growth of the  hashrate has also coincided with the approaching of the absolute price maximum in 2019 at about 99 dollars. Since then, the price of Litecoin, and with it the hashrate have fallen somewhat. Meanwhile, company representatives say that Litecoin’s network has become more resilient to possible attacks. In the first quarter of 2019, the price of Litecoin increased by 100%, which was the best indicator in the history of this cryptocurrency.

The total capitalization of the crypto market has reached $ 176.6 million. According to financial experts, thanks to the positive news, the crypt market in the near future will continue its upward movement. In our forecast for Monday, we assume a slight increase in Bitcoin to the levels of 5120, 5150 and 5170 dollars. Ethereum will rise to the resistances of 165, 167 and 170 dollars, and XRP to the marks of 0.3275, 0.3300 and 0.3350 dollars.


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Top Cryptocurrencies with Price Predictions

# Crypto Prediction Accuracy CVIX Price 24h 7d Market Cap Volume 24h
1 Bitcoin (BTC) BTC Bitcoin predictions 82.8% 27 $41 899.34 -4.94% -11.36% $788 750 305 790 $40 244 099 648
2 Ethereum (ETH) ETH Ethereum predictions 72.8% 49 $2 868.68 -7.93% -16.93% $337 514 704 145 $23 836 267 851
3 Cardano (ADA) ADA Cardano predictions 64.8% 78 $2.21 -1.36% -6.44% $70 707 217 846 $5 577 909 016
4 Tether (USDT) USDT Tether predictions 92.8% 1 $1.000855 0.04% 0.07% $68 651 337 758 $88 907 999 368
5 Binance Coin (BNB) BNB Binance Coin predictions 63.2% 78 $346.29 -8.40% -15.35% $58 223 895 709 $1 982 362 470
6 XRP (XRP) XRP XRP predictions 73.2% 48 $0.923671 -6.99% -12.99% $43 151 752 355 $4 555 191 572
7 Solana (SOL) SOL Solana predictions 60.4% 83 $136.79 -7.38% -1.67% $40 664 437 987 $3 870 822 815
8 USD Coin (USDC) USDC USD Coin predictions 94.8% 1 $1.000356 0.04% 0.03% $30 321 351 717 $3 755 736 180
9 Polkadot (DOT) DOT Polkadot predictions 66% 74 $30.15 -4.22% -10.16% $29 779 247 306 $3 578 542 275
10 Dogecoin (DOGE) DOGE Dogecoin predictions 62.8% 78 $0.206773 -7.12% -14.09% $27 173 987 970 $2 153 623 197
11 Avalanche (AVAX) AVAX Avalanche predictions 61.2% 82 $73.10 -4.94% 10.67% $16 103 697 591 $2 305 680 733
12 Terra (LUNA) LUNA Terra predictions 68% 61 $35.07 -0.28% 0.60% $14 030 135 734 $2 246 791 189
13 Binance USD (BUSD) BUSD Binance USD predictions 91.2% 1 $1.000247 0.03% 0.01% $13 471 537 116 $6 682 279 999
14 UniSwap (UNI) UNI UniSwap predictions 62% 74 $19.30 -10.07% -21.54% $11 806 392 734 $434 612 988
15 Algorand (ALGO) ALGO Algorand predictions 55.6% 89 $1.80 -8.40% -10.75% $10 273 694 698 $980 104 254

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