BTC/USD is trading at $9,400 after a significant recovery from $8,900 today. There has been a significant shift in momentum today for Bitcoin as bulls are back in town and pushing towards $9,500.
ETH/USD has also formed a daily bullish reversal candlestick after a drop to $218. Ethereum is currently trading at $232 and it's looking to close above the daily 26-EMA at $229.
XPR/USD is in similar shape but remains the weakest of the three names overall. Bulls desperately need to climb above $0.20 and remain there. The daily EMA's are still far away.
The biggest gainer today is Verge by far with a 20% price increase over the last 24 hours and a trading volume of $57 million. Second in the list is SC with a 16% price surge and a 31% total surge over the past week. REN has also seen a significant bull move today going to $0.11 with a 15% increase.
Chart of the day: BTC/USD daily chart
Market
WhatsApp, the most popular messenger application in the world has recently announced a service for digital payments through WhatsApp. The service is already available in Brazil but will most likely be extended to other countries in the near future. Users will need a special PIN code or their fingerprint in order to avoid non-authorized operations.
The service will be available using a credit card like Visa or Mastercard and Cielo, the leader in payment services in Brazil.
An important Turkish real estate firm has also announced the implementation of digital payments in the form of Bitcoin. Users are now able to pay for properties using Bitcoin but the platform also facilitates payments in other cryptocurrencies like USDT, XRP, and others.
This is certainly not the first time Bitcoin is used in real estate. The idea behind using Bitcoin and other cryptocurrencies is that it could save a lot of money thanks to the low fees of transactions and can even prevent fraud.
Reprinted from FXStreet,the copyright all reserved by the original author.
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