The exchange rate of bitcoin is experiencing positive strength
Bitcoin exchange rate in once again experiencing positive strength. On the chart it is easy to notice sluggish downward trend of bitcoin prices, however on Tuesday and Friday morning you could see a couple of spikes, which ended in nothing. While this is similar to attempts stuck in a swamp a sharp jump to get to the top.
If the tug of war between bulls and bears will end with the victory of the latter, the nearest support of Bitcoin can be round level of $8000, and then the 200-day moving average of $7800.
Altcoins generally duplicate the dynamics of BTC, though some cryptocurrencies of the TOP 10 there are all bases for growth. In cryptosuite with the active support of the media and bloggers started a campaign to support XRP. Growth “to the moon” is broadcasted via all possible channels, whereas one of the news really can be a positive momentum for prices.
Coinbase has added XRP to the list of cryptocurrencies that can be paid for using the produced crypto currency exchange debit card. This service operates in 29 countries of the EU and includes not only XRP other major cryptocurrencies (BTC, ETH, BCH, LTC). In General, we can consider it a sure steps to promote the use of cryptocurrency in the real world, however, the need for translation in Fiat until much spoils.
An interesting position was expressed by the head of the CFTC Heath Tarbert about the upcoming transition Ethereum (ETH) for POS mining (proof of share ownership). The official said that in case of successful implementation, Ethereum can accept securities. For several years, fans are waiting for ETH to launch a new version of the project, however, the slow pace of the developers indicates possible complications in connection with this event.
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