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Cryptocurrencies Price Prediction: Bitcoin, Litecoin & Ripple – European Wrap 11 May

Bitcoin Price Analysis: Bitcoin halving dilemma surge to $19,800 or nosedive to $4,000 – Confluence Detector

Bitcoin is currently exchanging hands at $8,683 at the time of writing. The price has recovered slightly from the dip to $8,100. An intraday high has been achieved at $8,812 (short term resistance level). Glancing further up $9,000 is the next resistance; that if broken could pave the way for the leg up to the critical resistance at $10,120 (previous week high).

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LTC/USD: 38% of crypto-focused hedge-funds trade Litecoin

The total value of assets managed by cryptocurrency-focused hedge funds has increased significantly in 2019, according to the recent survey, provided by PwC and Elwood Asset Management Services. The investment company that specializes in virtual assets found out that the total value of assets under management (AUM) increased by more than $1 billion in 2019, which was partially caused by Bitcoin’s price recovery after the crypto winter.

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XRP/USD: Ripple’s David Schwartz explains why 98% XRP transactions have zero value

‏‏‎According to the research paper published on the website of Cornell University, an overwhelming majority of transactions of XRP Ledger had been pointless and only 2% of all 2% of all XRP transactions led to value transfers.


XRP/USD

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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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Bitcoin eyes 50-day EMA breakout, Ethereum consolidates, XRP steadies

Bitcoin, Ethereum, and Ripple trade near key technical levels on Friday as the broader cryptocurrency market pauses following last week's recovery. BTC is approaching the 50-day Exponential Moving Average while ETH continues to consolidate between two major EMAs.

Uniswap lead gains, Cardano and NEAR risk rejection at EMAs resistance

Top altcoins Uniswap, Cardano and Near Protocol all saw gains on Thursday after a slight recovery across the crypto market. UNI rallied over 10% on Thursday, reaching a six-month high after unveiling Launches, a new feature in its Web App that aggregates tokens across launchpads that leverages the decentralized exchange as their trading infrastructure.

Aave to sunset Sonic, Aptos, zkSync, Scroll reserves, affecting $98 million in supply

Aave is planning to sunset 75 low-activity reserves across its decentralized finance protocol as part of a broader effort to reduce operational, technical and economic risks across its network of deployments.

Strategy, Coinbase post weak Q2 earnings amid prediction market growth for the exchange

Strategy reported an $8.33 billion operating loss in the second quarter of 2026, according to its earnings report released Thursday. The losses were largely driven by an $8.32 billion unrealized loss on its Bitcoin holdings as the top crypto's price declined during the period. The company also reported an $8.22 billion net loss for the quarter, or $24.45 per diluted share.

Bitcoin: BTC holds firm, but the $100 Oil threat could change the game
Bitcoin (BTC) is modestly recovering, trading at $65,400 on Friday and holding firmly above the key support zone. US-listed spot Bitcoin Exchange Traded Funds (ETFs) supported BTC’s modest recovery as they continued to attract institutional inflows through Thursday, pointing to the third consecutive week of inflows.