Weekly Market Video 10th December 2018

Bitcoin ETF decision delayed until 27th Feb 2019.
China effectively banned STOs for the time being
ETCDev shut down, citing lack of funding and support
Consensys reshuffle laying off 13% of staff
Large $250 million transactions suspected to be internal exchange custody related
ErisX raised 27.5 million from both crypto and traditional financial companies
New lows in both BTC and ETH, failed so far to break above resistance 0.56 -
BCH ABC & SV have traded at parity

Jamie Farquhar NKB Group

Author

Jamie Farquhar

NKB Group

Jamie Farquhar began his career as an Emerging Markets FX trader for a top tier investment bank in London.

XRP steadies in narrow range as fund inflows, futures interest rise

Ripple is trading in a narrow range between $1.45 (immediate support) and $1.50 (resistance) at the time of writing on Monday. The remittance token extended its recovery last week, peaking at $1.67 on Sunday from the weekly open at $1.43.

Crypto Today: Bitcoin, Ethereum, XRP trade within range amid low retail interest

Bitcoin, Ethereum and Ripple continue to exhibit subdued volatility, consolidating within narrow ranges at the time of writing on Monday. Persistent low retail participation and weak technical structures limit the chances of any extended upside price movements.