Samsung prepares to release own cryptocurrency
The main cryptocurrencies on Thursday continue to be quite active decline with a controversial news background. On the one hand, the news that Samsung is preparing to issue its own cryptocurrency is favorable for the market. According to CoindeskKorea, Samsung Electronics is developing a token based on Ethereum ERC-20, and at the moment the company is in the process of testing the Mainnet. The source of the publication in Samsung Electronics states that the blockchain division of the company has already tested several versions of the blockchain protocol over Ethereum. The working group of the company made several models and calculates them. To date, there are already several platforms that function after several internal tests.
At the same time, a negative message for Ethereum was that Ethereum wallets were under threat of hacking, an unknown criminal had stolen $ 8 million from them. Against the background of this news, the rate of Ethereum, according to Libertex, decreased by 10.30 6.81% and dropped to 162.9 dollars with a capitalization of 17.3 billion dollars. Kryptorynok held mainly due to yesterday's Bitcoin rally. The total market capitalization remains above $ 180 billion at the time of writing, while BTC is “eating up” altcoins: the index of dominance of the reference cryptocurrency has reached its maximum level this year. Bitcoin overcame $ 5,600 yesterday, and spent most of the day above this level. The reference cryptocurrency began to decline, and at the moment BTC is trading at about $ 5,500, losing almost 2% per day. Daily trading volume hovers around $ 17 billion, which corresponds to the historical highs reached in December 2017. Analysts expect a pullback, but significant volumes of correction are not expected.
Bitcoin by this time fell by 1.03% - up to $ 5,420, its capitalization amounted to $ 96 billion. Litecoin weakened immediately by 7.15% to $ 72.7 with a capitalization of $ 4.5 billion.
Rumors that Ripple management got rid of XRP tokens became negative for XRP. After that, the network immediately appeared assumptions about the imminent fall in the course, as a result of XRP lost 8.64% per day and dropped to $ 0.296 with a capitalization of $ 12.6 billion.
The total capitalization of the crypto market has reached $ 176.1 billion. According to financial scouts, the weakening of the crypto bank continues to continue. So, in the near future, Bitcoin can fall in price to $ 5,350, Ethereum - to $ 160, XRP - to $ 0.28, and Litecoin - to $ 70.
Top Cryptocurrencies with Price Predictions
| # | Crypto | Prediction | Accuracy | CVIX | Price | 24h | 7d | Market Cap | 7d price change | |
| 1 |  BTC |
Bitcoin predictions | 81.2% | 25 | $64 236.27 | -3.80% | 4.75% | $1 264 805 139 574 |  |
|
|---|---|---|---|---|---|---|---|---|---|---|
| 2 |  ETH |
Ethereum predictions | 73.2% | 49 | $3 158.67 | -3.04% | 5.31% | $385 509 306 079 |  |
|
| 3 |  USDT |
Tether predictions | 91.6% | 1 | $0.999852 | -0.02% | -0.04% | $110 447 216 461 |  |
|
| 4 |  BNB |
Binance Coin predictions | 88.4% | 18 | $606.93 | 0.03% | 10.61% | $89 575 802 259 |  |
|
| 5 |  SOL |
Solana predictions | 66.8% | 71 | $147.73 | -6.78% | 10.27% | $66 040 427 220 |  |
|
| 6 |  USDC |
USD Coin predictions | 93.6% | 2 | $1.000087 | 0.01% | 0.02% | $33 443 613 205 |  |
|
| 7 |  XRP |
XRP predictions | 66.8% | 62 | $0.527628 | -4.06% | 6.49% | $29 087 702 292 |  |
|
| 8 |  DOGE |
Dogecoin predictions | 70.4% | 60 | $0.151351 | -6.56% | 2.44% | $21 798 428 537 |  |
|
| 9 |  TON |
Toncoin predictions | 65.2% | 66 | $5.53 | -4.40% | -9.19% | $19 201 948 482 |  |
|
| 10 |  ADA |
Cardano predictions | 67.2% | 72 | $0.476617 | -6.22% | 5.71% | $16 983 732 684 |  |
|
| 11 |  SHIB |
SHIBA INU predictions | 61.2% | 82 | $0.000025 | -7.12% | 14.30% | $14 877 091 584 |  |
|
| 12 |  AVAX |
Avalanche predictions | 68% | 66 | $35.76 | -9.52% | 3.68% | $13 516 558 275 |  |
|
| 13 |  STETH |
Lido stETH predictions | 96% | 1 | $2 941.39 | -0.40% | -3.32% | $10 258 752 564 |  |
|
| 14 |  DOT |
Polkadot predictions | 71.2% | 64 | $6.96 | -6.08% | 4.48% | $10 002 091 467 |  |
|
| 15 |  TRX |
TRON predictions | 84.8% | 21 | $0.114080 | 0.56% | 3.81% | $9 990 510 318 |  |
