The main cryptocurrency assets declined slightly during yesterday's trading session. Bitcoin dropped to $ 4,420, Ethereum dropped to $ 105, and the XRP price dropped to support at $ 0.3000.
South Korean FINTECH, BxB, has announced the launch of a new stewlockcoin KRWb, which will be provided with the national currency of Korean Won. The test launch of the token was carried out earlier on the Airswap decentralized platform, and then the steyblecoin, provided with a fiat currency in a one-to-one ratio, was launched on Korean and international exchanges.
It is reported that the company will manage the extraction and burning of KRWb tokens using a smart contract on the ethereum blockchain using a multi-signature and approval of a third-party auditor to complete. Initially, a limited number of KRWb issue partners are planned, who will be responsible for distributing the token to the market and maintaining its liquidity.
According to a new study by Diar, despite the growing interest in the concept of decentralized cryptocurrency exchanges, trading volume at these sites reached a record minimum in dollar terms. The report notes that since June 2017, when such exchanges only began to appear, their total trading volume was 8.9 billion. However, in January of this year, the amount of transactions on decentralized exchanges reached only 49 million. For comparison, this is approximately 10% of the monthly trading volume of only one Binance exchange. Diar also revealed that the trend of decline is also observed in the number of unique users of the sites. Thus, centralized exchanges still dominate the market, despite a significant increase in the number of decentralized cryptocurrency exchanges in 2018.
In our forecast for today's trading, we assume a further decline in the main cryptocurrency. We expect Bitcoin to fall to support levels of 4,400, 4,350 and 4,300 dollars, Ethereum's decline to 100, 98 and 95 dollars, as well as a further drop in the XRP price to 0.3250, 0.3150 and 0.3100.
# | Crypto | Prediction | Accuracy | CVIX | Price | 24h | 7d | Market Cap | 7d price change | |
1 | BTC | Bitcoin predictions | 75.2% | 42 | $69 876.08 | -0.73% | 5.59% | $1 374 273 013 911 | ||
---|---|---|---|---|---|---|---|---|---|---|
2 | ETH | Ethereum predictions | 76.8% | 50 | $3 518.54 | -1.51% | 0.22% | $422 473 613 366 | ||
3 | USDT | Tether predictions | 93.2% | 1 | $1.000185 | 0.03% | 0.01% | $104 523 618 020 | ||
4 | BNB | Binance Coin predictions | 64% | 81 | $606.51 | 2.75% | 3.96% | $90 695 193 363 | ||
5 | SOL | Solana predictions | 60.8% | 88 | $183.85 | -1.84% | 2.48% | $81 702 403 548 | ||
6 | XRP | XRP predictions | 83.6% | 27 | $0.610516 | -1.87% | -3.83% | $33 507 724 771 | ||
7 | USDC | USD Coin predictions | 90.4% | 2 | $0.999970 | -0.02% | -0.01% | $32 490 169 862 | ||
8 | DOGE | Dogecoin predictions | 68% | 66 | $0.209888 | 5.10% | 28.84% | $30 153 031 924 | ||
9 | ADA | Cardano predictions | 70.4% | 66 | $0.638195 | -1.75% | -0.36% | $22 709 265 386 | ||
10 | AVAX | Avalanche predictions | 58.4% | 87 | $53.20 | -2.95% | -4.74% | $20 079 936 302 | ||
11 | SHIB | SHIBA INU predictions | 56.8% | 94 | $0.000030 | -1.14% | 8.76% | $17 930 876 259 | ||
12 | TON | Toncoin predictions | 60.4% | 87 | $4.78 | -3.12% | 7.52% | $16 596 027 613 | ||
13 | DOT | Polkadot predictions | 73.2% | 49 | $9.37 | -2.39% | 0.76% | $13 373 754 540 | ||
14 | BCH | Bitcoin Cash predictions | 68.8% | 58 | $574.59 | 3.29% | 38.32% | $11 309 146 535 | ||
15 | LINK | Chainlink predictions | 75.2% | 42 | $18.77 | -3.67% | 1.94% | $11 018 453 562 |
Get cryptocurrency price predictions, forecasts with analysis and news right to your inbox.
© 2015-2024 Crypto-Rating.com
The usage of this website constitutes acceptance of the following legal information. Any contracts of financial instruments offered to conclude bear high risks and may result in the full loss of the deposited funds. Prior to making transactions one should get acquainted with the risks to which they relate. All the information featured on the website, including information about the cryptocurrencies and bitcoin is intended solely for informational purposes, is not a means of advertising them, and doesn't imply direct instructions for investing. Crypto Rating shall not be liable for any loss, including unlimited loss of funds, which may arise directly or indirectly from the usage of this information. The editorial staff of the website does not bear any responsibility whatsoever for the content of the comments or reviews made by the site users about cryptocurrencies. The entire responsibility for the contents rests with the authors. Reprint of the materials is available only with the permission of the editorial staff.