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Cryptocurrencies Price Prediction: Bitcoin, Sandbox and Cardano – European Wrap 17 February [Video]

Bitcoin accumulation comes to halt as investors are cautious ahead of FOMC's next move

Bitcoin whales have halted their accumulation of the asset. Analysts believe the Bitcoin price rally could halt if the crypto winter begins. 

Sandbox price positioned perfectly for a 30% gain

Sandbox price has bounced off two crucial support levels, suggesting a reversal is around the corner. The run-up that evolves from this barrier will likely propel SAND to slice through immediate hurdles and collect liquidity.

 
SAND/USDT 4-hour chart

Cardano responds to DeFi hacks doubling its bug bounty for security vulnerabilities

Following the $322 million DeFi hack, cryptocurrency networks have offered higher bug bounties to protect against attacks. The Cardano network recently doubled its bug bounty, inviting hackers to spot security vulnerabilities on the blockchain. 

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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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Binance revokes SignalPlus API keys over potential security threat

Binance, the largest cryptocurrency exchange, announced on Thursday that it revoked the Application Programming Interface (API) keys linked to SignalPlus, a third-party institution-grade technology firm.

XRP gains ground as Ripple CEO says US crypto users aren’t going anywhere after midterms, calls for clear rules

Ripple (XRP) ticks higher on Thursday, trading near $1.32. The remittance token is up roughly 10% from last week’s trough at $1.20, suggesting that the path of least resistance is gradually flipping upward.

Top Altcoins Price Forecast: Ripple, Cardano and Solana extend post-midterms rally

Top altcoins, including Ripple (XRP), Cardano (ADA), and Solana (SOL) are trading in the green on Thursday, extending a steady recovery so far this week, driven by the post-US midterms relief.

Bitcoin claims $80,500 as short liquidations mount

Bitcoin (BTC) extends its rebound, climbing above $80,500 on Thursday after closing above the key Exponential Moving Averages (EMAs) the previous day. The rebound comes as a short squeeze triggers nearly $800 million in liquidations over the past 24 hours.

Bitcoin: Binance security breach and hawkish Fed push BTC lower
Bitcoin (BTC) continues to weaken this week, down more than 3% and heading for its fourth straight weekly loss. The largest cryptocurrency by market capitalization is facing a bearish outlook, fueled by a hawkish Federal Reserve (Fed) outlook at the October meeting and a reported $6.3 billion hack at Binance, which is driving risk aversion and triggering heavy liquidations.