Bitcoin slightly strengthened to $3920

March 11, 2019   Bitcoin

Cryptocurrency assets rose in price at the end of the previous week. Bitcoin slightly strengthened to the mark of 3920 dollars. Ethereum rebounded from Friday's fall to a level of $ 136, and the price of XRP rose to 0.3150. Cryptocurrencies finished weekly trading with a slight increase.

The Swiss online bank Swissquote is going to launch a crypto-custodial service in the near future. From March 21, retail and institutional users will be able to transfer cryptocurrencies from external wallets to their bank accounts. Crypto Storage AG is a solution for managing private keys using the highest level hardware security modules. Swissquote is known for its activity in the cryptocurrency sector. In 2017, the bank, in partnership with the Bitstamp exchange, launched a service for bitcoin trading. Earlier it was reported that cryptocurrencies affected Swissquote's profitability positively.

The head of the major crypto exchange, Binance, said that the amother crypto-fiat exchange could appear in Argentina. According to some reports, Binance is planning to launch crypto-fiat exchanges in South Korea, Russia, Turkey, Liechtenstein, Singapore and Malta. Earlier this year, the opening of the platform Binance Jersey has taken place, the platform supports the British pound and the euro.

In our forecast for Monday, we assume a slight increase in Bitcoin to resistance levels of 3950, 3975 and 4000 dollars, strengthening of Ethereum to marks 136, 138, 140 dollars and an increase in the price of XRP to marks 0.3175, 0.3200 and 0.3250.

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