Cryptocurrencies Price Prediction: Ethereum, Ripple & Meme Coins — Asian Wrap 16 July
|Ethereum ETFs to launch next Tuesday. Here’s why ETH's price could be set to explode
Ethereum is up more than 7% on Monday following updates from Bloomberg analysts that the Securities & Exchange Commission (SEC) would potentially greenlight spot ETH ETFs to launch next week Tuesday. The increased inflows across global Ethereum investment products also align with the new development, as traditional investors seem to be preparing for a potential rally ahead of the launch.
Ripple whales buy 300 million XRP in two days, altcoin holds steady above key support
Ripple (XRP) noted the highest weekly gains in 2024 over the weekend as XRP holders celebrated the one-year anniversary of Judge Torres’ ruling in the SEC vs. Ripple lawsuit. XRP rallied to a peak of $0.5661 on Saturday, July 13.
Meme coins soar in double-digit gains as PEPE, WIF, FLOKI, MOG lead the charge
Meme coins are leading the crypto market again as the ripple effect of Bitcoin's recovery is flowing across major crypto categories. PEPE, WIF, FLOKI and MOG are at the forefront of the recovery, elevating their daily performance above the 20% mark on Monday.
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