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Cryptocurrencies Price Prediction: Binance Coin, Terra & Ethereum — Asian Wrap 11 January

Cryptocurrencies Price Prediction: Binance Coin, Terra & Ethereum — Asian Wrap 11 January
FXStreet TeamFXStreet TeamFXStreet

Binance clarifies $1 billion stablecoin backing gap was a “timing mismatch”

Binance has been attempting to establish itself not only as the biggest cryptocurrency exchange but also as a completely transparent organization. This attempt was threatened on Tuesday when reports emerged alleging a gap in the backing of the Binance-pegged BUSD is undercollateralized.


Why the Terra Luna Classic price could continue to rally in January

Terra's Luna Classic price could rally an additional 17% in the coming days. The bears will face a challenge near December’s monthly high if market conditions persist. Terra's Luna Classic price is setting up a profitable opportunity in the near future.


Ethereum price eyeing $1,400 as Shanghai hard fork nears launch

Ethereum price is performing resilient uptrend price behavior that has yet to show signs of retreat. The next surge could prompt a 10% rally in the coming days. Ethereum price is displaying bullish signs that are hard to ignore.

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FXStreet Team

Composed of a group of economic journalists and FX experts, the FXStreet content team produces and oversees all content published on FXStreet. It provides a purely journalistic approach to the Forex market.

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Solana Price Forecast: SOL slides below $92 as downside risk grows

Solana Price Forecast: SOL slides below $92 as downside risk grows

Solana remains under pressure, trading below $92 on Wednesday and declining more than 3.5% so far this week. Muted demand for US-listed spot Solana Exchange Traded Funds, rising short positions and overheated market conditions continue to weigh on sentiment, limiting recovery attempts.

Top 3 Price Predictions: BTC tests critical support, ETH struggles below resistance, XRP extends losses

Top 3 Price Predictions: BTC tests critical support, ETH struggles below resistance, XRP extends losses

Bitcoin, Ethereum, and Ripple remain under pressure on Wednesday as bearish momentum continues to weigh on prices. BTC approaches key support around $76,466, and a decisive close below could open the door to deeper losses. Meanwhile, ETH struggles below key resistance while XRP faces rejection at the upper trendline of a falling channel pattern, all hinting at deeper losses.

Bitcoin struggles to capitalize on US Dollar weakness as Democrats advance in US midterms

Bitcoin struggles to capitalize on US Dollar weakness as Democrats advance in US midterms

Bitcoin is down nearly 2% trading below $76,000, and testing the 200-day Exponential Moving Average baseline near $76,501. Bitcoin’s pullback aligns with the weakness in the US Dollar, which typically provides tailwinds for risk-sensitive assets. The selling pressure aligns with the US midterm elections as early results point to Democrats leading gains in both houses.

Hyperliquid Price Forecast: HYPE eyes $78.4 support as CFTC approves US equity perpetuals

Hyperliquid Price Forecast: HYPE eyes $78.4 support as CFTC approves US equity perpetuals

Hyperliquid (HYPE) trades at $81.73 as US regulators open another route for perpetual futures, allowing contracts tied to individual stocks to trade on qualifying domestic exchanges.
Bitcoin: Binance security breach and hawkish Fed push BTC lower

Bitcoin: Binance security breach and hawkish Fed push BTC lower

Bitcoin (BTC) continues to weaken this week, down more than 3% and heading for its fourth straight weekly loss. The largest cryptocurrency by market capitalization is facing a bearish outlook, fueled by a hawkish Federal Reserve (Fed) outlook at the October meeting and a reported $6.3 billion hack at Binance, which is driving risk aversion and triggering heavy liquidations.