Market Review. Results of the Day. 7/3/2018

July 4, 2018

Technical analysis

The cryptocurrency market continued to grow today. An interesting technical pattern has formed on EOS chart with a potential growth to $23.

BTC $6,591. Support level is $6,250.

ETH $470.26. Support level is $440.

XRP $0.5012. Support level is $0.45.

EOS $8.977. Support level is $8.00.

BCH $722.50. Support level is $725.


News review

Someone made a transaction of 48,500 BTC ($300 million), paying a fee of just 675 Satoshi, or $0.04.

For the first time in 2018 less than 500,000 transactions were processed in the Ethereum network in a day. 

Notorious American computer programmer and businessman John McAfee has started a full-scale campaign against the popular Japanese cryptocurrency exchange HitBTC.

Russian become less interested in mining. For several months in a row sales of mining equipment in Russia have been falling, although the average prices reduced by 2 times. 

Chinese IT giant Alibaba filed a patent application for the development of a blockchain solution for the acceleration of cross-border payments.

The US Patent and Trademark Office published an application by Mastercard to patent a method and system to make transactions on blockchain anonymous. 

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