Cryptocurrencies Price Prediction: Ripple, Bitcoin & Dogecoin — Asian Wrap 25 May
|Ripple shelves SEC lawsuit to strengthen market presence with investments, 10% payoff for investors
Ripple (XRP) price is poised for a 10% upswing amid a new move by the company to strengthen its market presence with investments. Based on a recent quarterly report from Galaxy Digital, the popular blockchain company has purchased Bitstamp shares. Notably, the acquisition involved shares previously belonging to Pantera Capital, an American investment firm specializing in digital assets and asset-based companies.
Can China's recent crypto optimism trigger a bull run in Bitcoin price?
Back until 2021, in addition to the United States, China used to have considerable dominance over crypto. This has since not only declined but completely disappeared owing to the blanket ban by the country two years ago. Thus it would be surprising if the crypto market suddenly went swinging again.
Dogecoin price stumbles 3% amid suspicious moves among DOGE whales
Dogecoin (DOGE) price is trading with a bearish bias amid growing Fear Uncertainty, and Doubt (FUD) in the market. The memecoin has displayed a rather dull price action since the first week of May, a move that led to a fade in investor confidence in what many had hoped would be a big player in the crypto scene.
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