Cryptocurrencies Price Prediction: Bitcoin, Ethereum & OmiseGo – American Wrap 23 September


88,000 Bitcoin options are set to expire this Friday: What does it mean for BTC

The volatile start of that week that saw Bitcoins sell-off from nearly $11,000 to $10,000 in a matter of hours may have an even more turbulent ending. According to the Skew, provider of data for Bitcoin and Ether derivative, 88,000 Bitcoin options contracts are set to expire on Friday, September 25. 

Ethereum closer than ever to ETH 2.0 with Spadina Launchpad live on September 29

The main idea behind the Eth2 upgrade is the shift towards a PoS consensus algorithm as the current Proof-of-Work algorithm is energy-intensive and not sustainable in the long-run. Additionally, ETH's current speed limitation, which can only handle around 15 transactions per second, is simply not enough considering Visa can process more than 1,500. 

OmiseGo Price Prediction: OMG price surges 30% and it’s looking for more

OMG is down more than 50% since its two-year high at around $7 was established in August 2020. Bulls are finally seeing a bounce for the digital asset and look forward to more price action in the short-term as several indicators are flashing buy signals.

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Bitcoin: SEC commissioner cozies up to BTC ETF, on-chain metrics reset making way for volatile move

Bitcoin adoption takes off as institutions continue to jump on the digital currency bandwagon. PayPal co-founder Peter Thiel labels BTC as China’s “Financial Weapon” against the U.S. dollar. Bitcoin price could be due for a massive move as key on-chain metrics reset and others turn bullish.

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XRP price shows that business is good for Ripple despite US legal uncertainty

Ripple partner Novatti went live earlier today, generating cross-border transactions to the Philippines. The initial focus of this partnership is to target remittances between Australia and the Southeast Asian region.

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Zilliqa aims for $0.26 as the odds flip in favor of the bulls

Zilliqa price is contained inside an ascending broadening wedge pattern on the 4-hour chart. It intends to establish a higher low and confirm an uptrend. ZIL must stay above a crucial support level to see a potential 27% upswing.

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Elrond introduces ORAO Network to ecosystem

Elrond price is contained inside an ascending wedge pattern on the 4-hour chart. The digital asset defended a crucial support trend line and aims for a significant rebound. Elrond will use the ORAO Network to feed smart contracts onto its platform.

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Bitcoin Weekly Forecast: SEC commissioner cozies up to BTC ETF, on-chain metrics reset making way for volatile move

Bitcoin’s mainstream adoption has soared over the last couple of months, with institutions like Visa, Goldman Sachs, Morgan Stanley, and others dipping their toes in the BTC markets. Likewise, prices look primed to advance further despite the ongoing consolidation phase.

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