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Cryptocurrencies Price Prediction: Bitcoin, Dogecoin & Shiba Inu — Asian Wrap 22 January

Cryptocurrencies Price Prediction: Bitcoin, Dogecoin & Shiba Inu — Asian Wrap 22 January
FXStreet TeamFXStreet TeamFXStreet

Bitcoin price struggles to sustain above $41,000 as whales strategically position for next BTC move

Bitcoin price declined throughout last week. The largest asset by market capitalization, is struggling to keep its head above volatile waters, at $41,000. At the time of writing, BTC price is $41,101. Crypto analysts expect a bounce from the current price level, if the asset fails to rally, further correction in BTC price is likely. 

Dogecoin volume and social dominance hits 2024 peak as X launches dedicated payments account

Dogecoin on-chain metrics, volume and social dominance support a price recovery thesis for DOGE. Elon Musk’s social media platform X launched its dedicated payments account handle, @xpayments, fueling anticipation among DOGE holders regarding the cryptocurrency’s acceptance as payment. 

Shiba Inu price eyes 12% gains as Shibarium inches closer to new milestone

Shiba Inu’s Layer 2 chain Shibarium is on its way to set a new record with the completion of 300 million transactions. Shibarium is the scaling solution in the SHIB ecosystem and the milestone could catalyze SHIB price recovery.

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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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Ethereum Price Forecast: ETH on-chain signal remains weak even as mild retail distribution continues

Ethereum Price Forecast: ETH on-chain signal remains weak even as mild retail distribution continues

Ethereum continued to consolidate in the tight $1,800-$2,000 range amid weak signals across key on-chain metrics. ETH Exchange Netflow, which measures the difference between coins flowing in and out of exchanges, indicates mild dominance in selling activity after its 14-day moving average flipped positive.

Crypto Overview: Bitcoin holds at $63,000 – Cosmos, Pump.fun lead gains

Crypto Overview: Bitcoin holds at $63,000 – Cosmos, Pump.fun lead gains

Bitcoin hovers around $63,000 as the broader crypto market maintains a risk-off sentiment. Rising against the tide, Cosmos and Pump.fun are leading gains over the last 24 hours, emerging as top performers. CoinMarketCap’s Fear and Greed Index at 37 on Friday flattens below the neutral zone, indicating persistent mildly risk-averse conditions.

Top 3 Price Prediction: BTC holds strong, ETH on the verge of breakout, XRP signals recovery

Top 3 Price Prediction: BTC holds strong, ETH on the verge of breakout, XRP signals recovery

Bitcoin, Ethereum, and Ripple show signs of recovery after a correction earlier this week. BTC finds support around the key $63,300 level, ETH continues to trade sideways, while XRP holds strong above the $1.00 psychological level. The price action of the top three cryptocurrencies suggests a short-term rebound if these key levels continue to hold.

SharpLink to stake $200 million in Ethereum through Lido

SharpLink to stake $200 million in Ethereum through Lido

SharpLink Gaming (SBET) announced plans to stake $200 million in Ethereum (ETH) through Lido as part of its strategy to generate returns from its ETH treasury, according to a Thursday announcement. The allocation will be converted into wrapped staked ETH (wstETH), which represents staked Ethereum and the associated staking rewards.
Bitcoin: Can bulls weather the market uncertainty?

Bitcoin: Can bulls weather the market uncertainty?

Bitcoin (BTC) remains resilient, trading above $65,000 on Friday, with bulls defending key support despite cautious market sentiment. US-listed spot Bitcoin Exchange-Traded Funds (ETFs) showed strong inflows through Thursday, pointing to renewed institutional demand.