Latest Market News
Ethereum has now seen an 8% price surge over the past 7 trading days, allowing the cryptocurrency to rise above the $270 level to where it is currently trading around the $275 level. The Ethereum market has experienced a 76% price increase over the past 30 trading days, with a further 96% price increase over the past 90 trading days.
Blueshare is a Switzerland-based STO project that is the first company on the market to sell paper equity shares through a security token offering. We had the opportunity to ask a few questions to Blueshare financial advisor Ilian Scarlatov about security tokens in general, specifics about what investors are buying when they invest in the Blueshare STO, and more.
May has been a tremendous month for the Bitcoin market, as the world’s largest cryptocurrency was trading at $5,300 on May 1, while it is priced at $8,700 at the time of writing (May 28). Unsurprisingly, such bullish action has drastically improved the market sentiment surrounding Bitcoin, with analysts and observers confidently stating their predictions for the future performance of BTC. Let’s take a look at some of the most interesting Bitcoin price predictions made in the month of May.
WAVES market has been subdued with choppy price action over the past five months, subjecting the market on a side-way movement. As a result, we can record a low liquidity inflow and a quite inactive and non-volatile market.
As we enter the month of June and reach the halfway point of the year, this week’s choices are set to benefit from increased trading activity and speculation as the result of mainnet launches and network upgrades that should strengthen their market positions and also result in increased amounts of attention to their respective currencies over the coming weeks.
Since on May 15, the XRP market reached its peak at the $0.46 price level. From the price action, the market fell to the support of the EMAs which indicates that price was in the bullish trend zone.
EOS has seen a price rebound, amounting to 7.36% over the past 24 hours of trading, bringing the current price for the cryptocurrency back above the $6.00 to where it currently trades at around $6.39. EOS has now seen a 19.28% price hike over the past 30 trading days with a further, rather remarkable, 64% price surge over the past 90 trading days.
Luxury brand conglomerate LVMH, which includes brands such as Louis Vuitton and Christian Dior, has teamed up with Ethereum development studio ConsenSys and Microsoft to develop a blockchain-based platform that will allow consumers to verify the authenticity of luxury goods.
Cardano's structural outlook still appears to be following a bullish scenario as the price actions continues to build above the blue trend line, which has been a defensive line for the bull market since the beginning of the rise-up in pre-December. With the daily RSI above the 50 level, we can say that ADA bulls are in control of the market.
Litecoin may has seen a small decline over the past 24 hours, bringing the price down to just below $91. However, the 6th largest cryptocurrency on the market is still up by a total of 19% over the past 30 trading days. Furthermore, Litecoin has now seen a massive 84% price increase over the previous 90 days.
