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Cryptocurrencies Price Prediction: Bitcoin, SafeMoon & Aave — Asian Wrap 15 December

Cryptocurrencies Price Prediction: Bitcoin, SafeMoon & Aave — Asian Wrap 15 December
FXStreet TeamFXStreet TeamFXStreet

Bitcoin price touches $43,000 as SEC Chair Gensler justifies the “new look” at spot BTC ETF

Bitcoin price had a rather wild day on Thursday after the cryptocurrency oscillated in both upward and downward directions owing to mixed signals from the market. The Securities and Exchange Commission (SEC) Chair discussed the upcoming spot BTC ETFs, sharing insights on how their decision has been affected by the courts.

SafeMoon price crashes by 18% as it officially files for Chapter 7 bankruptcy

SafeMoon price took the brunt on Friday after the company seemingly collapsed and filed for bankruptcy. The filing came a little over a month and a half after the US Department of Justice arrested key members of the company for defrauding their customers for millions of dollars.

Aave price could rise 7% as AAVE community approves ABE Governance V3 activation

Aave (AAVE) price is on course to recover the ground lost beginning early December after the decentralized finance (DeFi) token’s price was rejected from a barricade that has proved formidable time and again. As the token makes another attempt north, new bullish fundamentals could make the cause a success.

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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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XRP Price Prediction: XRP tests major support at $1.00

XRP Price Prediction: XRP tests major support at $1.00

Ripple (XRP) remains pressured on Friday, trading around $1.03 at the time of writing. The token appears to hold this current level as support but lacks a catalyst to sustain a knee-jerk rebound toward the next key resistance at $1.10.
Top AI Coins Forecast: Chainlink, Near Protocol and Bittensor broadly stabilize after sell-off

Top AI Coins Forecast: Chainlink, Near Protocol and Bittensor broadly stabilize after sell-off

The cryptocurrency market is stabilizing on Friday as prospects for de-escalation in Middle East geopolitical tensions improve. Artificial Intelligence (AI)-focused tokens such as Chainlink (LINK), Near Protocol (NEAR), and Bittensor (TAO) continue to face selling pressure, yet are defending key technical support levels.
Bitcoin’s volatility has nearly disappeared – The risk hasn’t

Bitcoin’s volatility has nearly disappeared – The risk hasn’t

Spot Bitcoin ETFs are yet to see outflows this month, bringing in $754 million in the first week of August. Yet, Bitcoin remains steady at $64,700, while options flow favors protection at $62,000 and $63,000. The opposing signals point to a market with a spot bid but limited conviction.
Crypto Today: Bitcoin, Ethereum hold steady, XRP decline nears $1.00 amid easing geopolitical tensions

Crypto Today: Bitcoin, Ethereum hold steady, XRP decline nears $1.00 amid easing geopolitical tensions

Cryptocurrency prices are relatively stable on Friday, with Bitcoin (BTC) edging higher above the immediate $64,000 support. Ethereum (ETH) holds fairly above the short-term $1,900 demand area, as bulls target a potential breakout. Meanwhile, Ripple (XRP) maintains a dominant bearish outlook, edging lower toward the crucial $1.00 support.
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.