Cryptocurrencies Price Prediction: Binance Coin, Chainlink & Ripple — Asian Wrap 18 July

FXStreet Team FXStreet

Binance CEO Changpeng Zhao plays up KOLs as BNB price suffers aftermath of regulatory scrutiny

Binance CEO Changpeng Zhao (CZ) remains steadfast, relentlessly fighting negative publicity about his firm, both substantiated and unsubstantiated. His efforts have intensified this year as Binance Exchange has come into the spotlight with the US Securities and Exchange Commission (SEC) clamping down on exchanges.

LINK trading volume skyrockets 160%, price shoots 10% as Chainlink activates CCIP for DeFi-TradFi bridge

Chainlink (LINK) price is bullish, defying current bearishness in the crypto market as Bitcoin (BTC) fails to provide direction. The token’s stats are flashing green on CoinMarketCap, suggesting optimism in the LINK market. It comes amid a new network development poised to meet users where Decentralized Finance (DeFi) and Traditional Finance (TradFi) intersect.

SEC Chair Gary Gensler resurfaces as Judge Torres refers Ripple case for general pre-trial under Sarah Netburn

XRP price continues with a bearish bias, pulling toward the negative side of an otherwise neutral technical formation. The move is unorthodox, considering a recent development that has inspired a new wave of optimism among Ripple community members. In a related development Chair of the US Securities and Exchange Commission (SEC) has resurfaced publicly for the first time since Judge Torres' ruling, saying he is disappointed about the court's decision.

Author

FXStreet Team

FXStreet

Markets move fast. We move first.

Orange Juice Newsletter brings you expert driven insights - not headlines. Every day on your inbox.

Editor's Picks

Avalanche struggles near $12 as Grayscale files updated form for ETF

Avalanche trades close to $12 by press time on Wednesday, extending the nearly 2% drop from the previous day. Grayscale filed an updated form to convert its Avalanche-focused Trust into an ETF with the US Securities and Exchange Commission.

Bitcoin slips below $87,000 as ETF outflows intensify, whale participation declines

Bitcoin price continues to trade around $86,770 on Wednesday, after failing to break above the $90,000 resistance. US-listed spot ETFs record an outflow of $188.64 million on Tuesday, marking the fourth consecutive day of withdrawals.

Michael Selig assumes role as new CFTC Chair, what does this mean for crypto?

Michael Selig has been sworn in to serve as the 16th Chairman of the Commodity Futures Trading Commission. Selig was confirmed by the US Senate to head the commission last week, following his October nomination by the US President Donald Trump.

Crypto.com hires sports trader for event prediction market-making

Crypto.com plans to recruit a quant trader for the sports market-making team to buy and sell financial contracts related to these events. Opponents argue that internal trading desks put operators or their affiliates on the opposite side of customer trades.

Orange Juice Newsletter – Smart insights by real people. Every day.

A free newsletter highlighting key market trends to help traders stay a step ahead. Daily insights on the most relevant trading topics, compiled by our experts in an easy-to-read format so you never miss an important move.

Bitcoin: Fed delivers, yet fails to impress BTC traders

Bitcoin (BTC) continues de trade within the recent consolidation phase, hovering around $92,000 at the time of writing on Friday, as investors digest the Federal Reserve’s (Fed) cautious December rate cut and its implications for risk assets.

Legal Text

Markets move fast. We move first.

Editor's Picks