Crypto markets are trading higher this Monday following a mild selloff over the weekend. BTC is up 2.4% in the past 7 days and has regained a total market dominance above 40%. LTC and NEO are also pushing markets higher, trading up over 11 and 9% respectively. Risk (LSK has led the market laggers, trading down 20% from its highs this past week.
Lots of exciting news this week with SegWit being supported in Bitcoin Core (BTC).
Latest News Headlines
Litecoin Price Outperforms But Nears Key Resistance!
But while the positive news flow justifies the uptick in LTC, price chart analysis indicates the cryptocurrency is nearing stiff resistance zone of $230-$240.
Bitcoin WARNING: EU Commission says crypto is NOT currency ahead of imminent crackdown!
BITCOIN and other cryptocurrencies do not have a "guaranteed value" and should come with a "clear and frequent" warning to investors in order to safeguard them from possible risks to their investments, EU financial services commissioner Valdis Dombrovskis said.
Bitcoin Core Releases Software Upgrade With Full SegWit Support!
"Bitcoin Core 0.16.0 introduces full support for segwit in the wallet and user interfaces," said a statement circulated Monday on a Linux Foundation mailing list.