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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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Ripple holds $1.82 support as low retail demand weighs on the token

Ripple holds $1.82 support as low retail demand weighs on the token

Ripple (XRP) is trading between a key support at $1.82 and resistance at $2.00 at the time of writing on Thursday, reflecting the lethargic sentiment in the broader cryptocurrency market.

Aster declines for fifth straight day despite buyback efforts

Aster declines for fifth straight day despite buyback efforts

Aster trades under intense selling pressure, recording 3% loss at press time on Thursday. The perpetual-focused exchange resumed its Stage 4 buyback program on Wednesday and currently holds almost 52 million ASTER tokens.

Crypto Today: Bitcoin, Ethereum hold steady while XRP slides amid mixed ETF flows

Crypto Today: Bitcoin, Ethereum hold steady while XRP slides amid mixed ETF flows

Bitcoin eyes short-term breakout above $87,000, underpinned by a significant increase in ETF inflows. Ethereum defends support around $2,800 as mild ETF outflows suppress its recovery. XRP holds above at $1.82 amid bearish technical signals and persistent inflows into ETFs.

Bitcoin steadies near $87,000 as strong ETF inflows offset bearish pressure

Bitcoin steadies near $87,000 as strong ETF inflows offset bearish pressure

Bitcoin is attempting to stabilize, holding near $87,000 on Thursday after this week’s pullback. Institutional demand shows signs of optimism, as US-listed spot Bitcoin Exchange-Traded Funds (ETFs) recorded fresh inflows of over $457 million on Wednesday.

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Bitcoin: Fed delivers, yet fails to impress BTC traders

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.