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
# | Crypto | Prediction | Accuracy | CVIX | Price | 24h | 7d | Market Cap | 7d price change | |
1 | BTC | Bitcoin predictions | 64% | 72 | $96 063.98 | -0.47% | -2.09% | $1 901 129 195 801 | ||
---|---|---|---|---|---|---|---|---|---|---|
2 | ETH | Ethereum predictions | 70% | 59 | $3 691.69 | -0.43% | 9.67% | $444 635 752 324 | ||
3 | XRP | XRP predictions | 58.8% | 88 | $2.44 | 30.24% | 64.85% | $139 283 395 122 | ||
4 | USDT | Tether predictions | 94.4% | 1 | $1.000651 | 0.02% | -0.04% | $134 209 508 790 | ||
5 | SOL | Solana predictions | 67.2% | 74 | $228.81 | -2.94% | -9.79% | $108 719 187 334 | ||
6 | BNB | Binance Coin predictions | 78.8% | 31 | $647.33 | -0.64% | -2.19% | $93 221 263 075 | ||
7 | DOGE | Dogecoin predictions | 57.6% | 93 | $0.428990 | 0.31% | 0.04% | $63 074 587 151 | ||
8 | ADA | Cardano predictions | 61.2% | 84 | $1.15 | 8.30% | 10.20% | $40 192 009 461 | ||
9 | USDC | USD Coin predictions | 95.2% | 1 | $1.000073 | 0.01% | 0.02% | $39 943 477 005 | ||
10 | AVAX | Avalanche predictions | 66% | 69 | $48.46 | 9.61% | 7.76% | $19 833 796 680 | ||
11 | TRX | TRON predictions | 61.2% | 80 | $0.209475 | 2.77% | 0.42% | $18 078 840 002 | ||
12 | SHIB | SHIBA INU predictions | 53.6% | 94 | $0.000030 | -1.42% | 16.50% | $17 769 142 939 | ||
13 | TON | Toncoin predictions | 66.4% | 62 | $6.66 | -1.15% | 8.82% | $16 957 202 724 | ||
14 | XLM | Stellar predictions | 58.8% | 89 | $0.534373 | 6.22% | 2.19% | $16 071 299 062 | ||
15 | DOT | Polkadot predictions | 60.4% | 85 | $9.05 | 2.59% | -1.75% | $13 790 732 144 |
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