Bitcoin
BTC$38 967.91

-7.44%

Ethereum
ETH$2 871.05

-8.60%

Tether
USDT$1.000160

-0.01%

Binance Coin
BNB$428.81

-7.90%

USD Coin
USDC$1.000296

-0.04%

Cardano
ADA$1.23

-8.69%

Ethereum leads the crypto market up


May 2019

Cryptocurrency assets continued to strengthen on Monday. Bitcoin practically did not change in price and remained at around 5,770 dollars. Ethereum rose immediately by 8% to the resistance level of $ 175, and XRP slightly strengthened to the level of 0.3040 dollars. The total capitalization of the cryptocurrency market increased to 184 billion dollars.

On Tuesday, the main cryptocurrencies went back to growth, their locomotive is Ethereum, which is supported by rumors about the forthcoming launch of regulated futures on Ethereum. According to market information, the United States Commodity Futures Trading Commission (CFTC) is ready to give its permission to launch this instrument if all the necessary conditions for this are met. The US Commodity Futures Trading Commission is ready to approve the launch of Ethereum futures. This decision will consolidate the jurisdiction of the commission over the Ethereum markets. In addition, launching futures without deliveries will allow institutional players to safely interact with the second largest capitalization cryptocurrency in a strictly regulated environment. Commission approval can, in the long run, have a positive impact on the adoption of cryptocurrency ETFs by the US Securities and Exchange Commission and strengthen retail investor confidence in the future. Since last year, the ministry has been studying information about Ethereum technology and its applications to develop regulatory standards and is now ready to announce the start of their operation.

Against this background, the Ethereum rate, according to Libertex, at 7.00 per day jumped 10.8% to $ 177.1, with a capitalization of $ 18.9 billion. Bitcoin by this time has risen in price by 5.08% - to 5891 dollars with a capitalization of 105.2 billion dollars. XRP for the day strengthened by 3.27% - to $ 0.306, its capitalization amounted to 12.9 billion dollars. Litecoin became more expensive by 6.67% and rose to the level of 76.5 billion dollars with a capitalization of 4.8 billion dollars.

The total capitalization of the crypto market has reached $ 188.9 billion. However, the market is under pressure from a hacker attack on repositories on GitHub, as a result of which digital customer money was stolen.

Net profit of the Bitfinex cryptocurrency exchange in 2018 amounted to 404 million dollars, despite the fact that the company's staff does not exceed 90 people. At the moment, Bitfinex is conducting the first closed stage of the stock placement of its LEO tokens, during which it intends to raise a billion dollars to solve the problems associated with the freezing of the company's funds. Timely publication of over-positive earnings data will allow Bitfinex to raise funds additionally and reduce fears of traders and investors.

According to financial experts, speculation on the official launch of Ethereum futures in the near future can support the main cryptocurrency. Bitcoin can rise in price to 5950 dollars, Ethereum - up to 180 dollars, XRP - up to 0.31 dollars, and Litecoin - up to 77-77.5 dollars. In our forecast for Tuesday, we expect Bitcoin to roll back to the levels of 5750, 5700 and 5650 dollars, Ethereum to marks 173, 170 and 168 dollars, and XRP to the levels of 0.3020, 0.3000 and 0.2975 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 70.4% 62 $38 967.91 -7.44% -7.59% $737 892 869 372 BTC 7 days price change
2 Ethereum (ETH) ETH Ethereum predictions 60.4% 78 $2 871.05 -8.60% -11.22% $342 372 023 455 ETH 7 days price change
3 Tether (USDT) USDT Tether predictions 95.6% 1 $1.000160 -0.01% -0.02% $78 287 072 748 USDT 7 days price change
4 Binance Coin (BNB) BNB Binance Coin predictions 71.2% 56 $428.81 -7.90% -9.28% $70 802 974 684 BNB 7 days price change
5 USD Coin (USDC) USDC USD Coin predictions 95.2% 1 $1.000296 -0.04% 0.05% $42 399 121 779 USDC 7 days price change
6 Cardano (ADA) ADA Cardano predictions 74.4% 49 $1.23 -8.69% -1.46% $41 378 123 412 ADA 7 days price change
7 Solana (SOL) SOL Solana predictions 61.6% 87 $123.51 -9.84% -13.96% $38 846 684 963 SOL 7 days price change
8 XRP (XRP) XRP XRP predictions 68.8% 59 $0.691874 -6.72% -9.81% $32 976 873 993 XRP 7 days price change
9 Terra (LUNA) LUNA Terra predictions 69.6% 58 $77.73 -5.70% -0.40% $27 703 412 550 LUNA 7 days price change
10 Polkadot (DOT) DOT Polkadot predictions 72.8% 48 $22.45 -8.55% -14.69% $22 171 004 822 DOT 7 days price change
11 Dogecoin (DOGE) DOGE Dogecoin predictions 71.6% 50 $0.153961 -6.54% -20.35% $20 426 155 179 DOGE 7 days price change
12 Avalanche (AVAX) AVAX Avalanche predictions 66% 77 $76.46 -9.87% -13.92% $18 683 659 839 AVAX 7 days price change
13 Binance USD (BUSD) BUSD Binance USD predictions 90.8% 1 $0.999181 -0.15% -0.05% $14 221 363 997 BUSD 7 days price change
14 SHIBA INU (SHIB) SHIB SHIBA INU predictions 66% 68 $0.000026 -7.57% -15.60% $14 165 186 561 SHIB 7 days price change
15 Polygon (MATIC) MATIC Polygon predictions 66% 64 $1.90 -8.89% -14.69% $14 121 576 857 MATIC 7 days price change

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