Bitcoin
BTC$60 907.24

2.74%

Ethereum
ETH$3 249.66

1.95%

Tether
USDT$1.000483

0.01%

Binance Coin
BNB$545.47

2.44%

Solana
SOL$147.48

3.98%

USD Coin
USDC$1.000054

-0.01%

Funds outflow from Bitfinex amounted to $585 million


May 2019

Cryptocurrency assets recovered on Tuesday after falling over the weekend. The price of Bitcoin rose to the resistance level of $ 5,300, Ethereum reached $ 159, and XRP rose to the level of 0.3100.

According to some estimates, the net outflow of funds from the Bitfinex cryptocurrency exchange in recent days amounted to 585 million dollars. The reason for the active withdrawals of the funds was the US government charge of using the Tether token to cover losses. Bitfinex is the second largest cryptocurrency marketplace in the world, and its bankruptcy can lead to serious negative consequences for the entire industry. Yesterday there was information that Bitfinex is going to release its own token and raise a billion dollars in Tether. In addition, Bitfinex CFO said that the company needed only a couple of weeks to resolve all financial problems.

The second largest stock exchange in the world, the Nasdaq, will begin to display an index based on the third-largest digital currency XRP. The launch of the index on the Nasdaq today. The XRP Liquid Index will be based on the spot prices of the XRP token expressed in US dollars. Information about the market value of the asset will be delivered in real time from the most liquid markets. At the moment, these are Bitfinex, Bitstamp and Poloniex platforms, and later Kraken and Coinbase will be added to this list. In February, the Nasdaq has already launched similar indexes based on Bitcoin and Ethereum. In addition, information has recently appeared that the Nasdaq is presumably testing the possibility of trading in Bitcoin derivatives.

In our forecast for Wednesday, we expect further Bitcoin growth to the levels of 5330, 5350 and 5380 dollars, strengthening of Ethereum to 160, 162, 165 dollars, and XRP growth to the levels of 0.3125, 0.3150 and 0.3200 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 72.4% 48 $60 907.24 2.74% 7.95% $1 201 110 545 769 BTC 7 days price change
2 Ethereum (ETH) ETH Ethereum predictions 77.6% 46 $3 249.66 1.95% 10.59% $390 660 724 581 ETH 7 days price change
3 Tether (USDT) USDT Tether predictions 92.8% 1 $1.000483 0.01% 0.06% $112 521 291 389 USDT 7 days price change
4 Binance Coin (BNB) BNB Binance Coin predictions 74.8% 48 $545.47 2.44% 10.66% $80 502 405 442 BNB 7 days price change
5 Solana (SOL) SOL Solana predictions 83.6% 25 $147.48 3.98% 10.54% $68 439 891 003 SOL 7 days price change
6 USD Coin (USDC) USDC USD Coin predictions 95.2% 1 $1.000054 -0.01% 0.01% $33 955 441 106 USDC 7 days price change
7 XRP (XRP) XRP XRP predictions 82.4% 29 $0.529085 0.59% 25.61% $29 525 795 272 XRP 7 days price change
8 Toncoin (TON) TON Toncoin predictions 82% 27 $7.39 1.21% 3.73% $18 514 454 508 TON 7 days price change
9 Dogecoin (DOGE) DOGE Dogecoin predictions 73.6% 54 $0.115147 2.08% 10.19% $16 709 822 671 DOGE 7 days price change
10 Cardano (ADA) ADA Cardano predictions 78.8% 36 $0.433919 -1.12% 24.20% $15 569 472 122 ADA 7 days price change
11 TRON (TRX) TRX TRON predictions 80.8% 37 $0.137615 -1.83% 10.19% $11 989 577 434 TRX 7 days price change
12 Avalanche (AVAX) AVAX Avalanche predictions 74.4% 48 $26.45 1.86% 2.73% $10 436 162 041 AVAX 7 days price change
13 SHIBA INU (SHIB) SHIB SHIBA INU predictions 74.4% 42 $0.000018 1.88% 12.93% $10 321 337 154 SHIB 7 days price change
14 Lido stETH (STETH) STETH Lido stETH predictions 91.6% 1 $2 941.39 -0.40% -3.32% $10 258 752 564 STETH 7 days price change
15 Wrapped TRON (WTRX) WTRX Wrapped TRON predictions 92% 1 $0.116354 -0.46% 0.23% $10 171 995 609 WTRX 7 days price change

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