Market Review. Results of the Day. June 28, 2018

June 28, 2018

Technical analysis

It was another calm day for the cryptocurrency market. Ether is trading near a crucial support level of $400. If the price breaks down this level, the target is $200.

BTC $6096.27 $. Resistance level is $6,300.

ETH $436.60 $. Resistance level is $470.

XRP $0.4603 $. Resistance level is $0.49.

EOS $7.82. Resistance level is $8.40.

BCH $697.10 $. Resistance level is $780.

News background

The Economist: Facebook is close to buy Coinbase.

Japan’s Minister of Finance discussed the possibility of changing the current cryptocurrency tax policy by introducing a flat tax rate of about 20%.

Financial University under the Government of the Russian Federation uploaded diplomas on higher education on blockchain. This will help employers to check the legitimacy of diplomas.

Adult website Pornhub announced the addition of Tron and ZenCash as payment methods.

Apple co-founder Steve Wozniak compared the excitement around blockchain with the dotcom bubble. He says that the current situation with blockchain is the same as it was with dotcoms, and that the same outcome is possible, too.

Huobi Pro to cease operations in Japan starting next Tuesday. By the way, the most popular Japanese instant messenger Line is launching its own cryptocurrency exchange called BitBox, however, it will not be available for Japanese people.


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