Cryptocurrencies Price Prediction: Binance Coin, FTT & Polygon — Asian Wrap 29 June

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BNB price slumps as Binance faces another loss over regulatory clampdown in both Europe and the US

BNB price faces another obstacle in its attempt to recover from a stark downswing. A recent notification from Binance to platform users indicates that the largest crypto exchange by trading volume faces another loss, parting ways with its European associate over regulatory clampdown.

FTT price skyrockets by 35% in a day as FTX initiates revival of the bankrupt exchange

FTT price is once again on the rise after news surrounding the recovery of the FTX exchange began making rounds today. While people are expecting a rather positive turn of events with this potential relaunch, some others might be looking to turn it into the poster child of caution in the crypto space.

MATIC price inches closer to hitting 12-month lows, discouraging even whales from participating

MATIC price took a hit akin to the rest of the market on account of Bitcoin price dwindling earlier in the day. But beyond the recent events is the lack of interest and participation from the most important cohort in the case of the altcoin.

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CLARITY Act approval odds sink fast ahead of Congressional hearing

The US House Financial Services Committee’s Subcommittee on Digital Assets, Financial Technology, and Artificial Intelligence (AI) is holding a hearing titled “Building the Future of Finance: How the CLARITY Act Unlocks Innovation” on Friday.

Crypto Today: Bitcoin, Ethereum, XRP give back gains as tit-for-tat US-Iran strikes persist

Bitcoin has corrected by more than 1% on the day, trading below $63,000. This is part of a larger retracement from its weekly high of $65,600. Ethereum and Ripple similarly reflect overall pressure, with ETH falling toward the short-term $1,800 support and XRP hovering below the pivotal $1.10 level.

Dogecoin nears yearly low as bearish bias grows

Dogecoin extends its decline on Friday, trading near its yearly low at $0.069 as bearish sentiment continues to weigh on the meme coin. Weakening derivatives metrics and a deteriorating technical outlook suggest a deeper correction if DOGE slips below $0.069.

Pi Network Price Forecast: Mild recovery in PI marks early signs of trend reversal

Pi Network (PI) shows a mild recovery on Friday, following three consecutive days of consolidation, as selling pressure eases after a steep decline earlier this month. Speculative demand for a potential rebound in PI is on the rise as its Open Interest remains elevated.

Bitcoin’s potential recovery in the second half hinges on these 4 catalysts

Bitcoin (BTC) has fallen over 34% in the first half of this year as the King Crypto failed to capitalize on a good semester for risk assets despite the woes from the Iran war.