After yesterday's highs caused by the bullish impulse, the price pulled back and consolidated slightly in anticipation of the next impulse
Cryptocurrencies continue to make their way into various industries. Ayr United FC, a UK football club, recently announced a new sponsorship deal. The team will be playing with the “Bitcoin BCH” logo on their jerseys in the upcoming season. This will definitely attract attention.
The closed pre-sale of Gram tokens to Telegram LLC raised a total amount of $1.7 billion, exceeding the planned investment level by $500 million. This result allows Telegram to avoid further holding a public ICO and avoid the risks associated with its implementation. That is, users of the messenger who were already looking forward to purchasing tokens of a project doomed to success can only lick their lips.
The price of cryptocurrency is rising again. The price of bitcoin (BTC) has increased by 13% and is now $7,630. Ethereum (ETH) price is up 11.65% at $460. The price of EOS is up 31% in 24 hours to $8.90. Litecoin (LTC) is trading at $120 and Ripple (XRP) is up 11% at $0.56 as of this writing.
The market has revived today and the top five cryptocurrencies by capitalization are showing strong growth. EOS grew the most, replacing Litecoin in the top five.
Malta has been dubbed the “blockchain island” as more and more leading cryptocurrency companies are showing interest in the country’s favorable legal and tax environment for crypto businesses.
In anticipation of government regulation of the crypto market, Russians are preparing to mine, rolling up their sleeves, and purchasing “gray” equipment from China.
Over the past 24 hours, market price movements have been bullish, however, we have already seen a similar picture in previous weeks, so it is too early to write off the bears. Bitcoin struggled to reach $7,000 and is now trading at $6,950, which is 1.7% higher than yesterday’s price. Altcoins are also generally showing signs of growth, but one of them is clearly on fire today. And this is EOS
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