Cryptocurrencies Price Prediction: Bitcoin, Shiba Inu & Binance Coin — Asian Wrap 16 December

FXStreet Team FXStreet

Top 3 Price Prediction Bitcoin, Ethereum, Ripple: Is this the calm before the storm?

Bitcoin price is undergoing a steep profit-taking consolidation following the bull's 8% rally on the week. On December 15, the peer-to-peer digital currency was down 2% on the day as the bears are prompting a breach of the 8-day exponential moving average.

Shiba Inu price is under pressure as bears solidify their intentions

Shiba Inu price witnessed a bearish death cross on the daily time frame on December 13. SHIB trades range bound within a 10% fluctuating zone on the week. The bulls will need to flip the 0.00000932 barrier into support to justify a bullish outlook.

Mithril requests Binance to refund 200,000 BNB worth $53 million following delisting

Mithril (MITH), a crypto project in the Ethereum ecosystem, is demanding a refund from the largest exchange by daily traded volume, Binance, following a periodical delisting exercise. The platform's token, MITH, lost over 30% of its value as investors reacted to the news.

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Ripple risks deeper decline toward $1.00

XRP clings to short-term support at $1.10, but persistent selling pressure leaves it vulnerable to a further 10% drop toward $1.00. XRP remains largely defined by a bearish technical structure, with major moving averages and momentum indicators edging lower.

Crypto Today: Bitcoin, Ethereum, XRP slide as capital outflows persist

The cryptocurrency market is experiencing broad-based declines on Tuesday, as Bitcoin retests support at $62,000, Ethereum extends losses toward $1,600, and Ripple remains anchored near the key $1.10 demand zone.

Bitcoin struggles amid renewed US-Iran peace uncertainty

Bitcoin (BTC) trades below $63,000 at the time of writing on Tuesday as conflicting signals from the US and Iran regarding the progress of peace negotiations continue to fuel geopolitical uncertainty.

MiCA regulations could be the next bullish catalyst for crypto – Georg Harer, co-CEO at Bybit EU

The next bullish narrative for crypto could be MiCA regulations, which could drive liquidity from traditional markets, Bybit EU co-CEO Georg Harer says. Improved regulations could provide guardrails to avoid black swan events like Terra Luna and FTX, thereby limiting volatility.

Bitcoin: Recovery hopes fade after the Fed spoils the party

Bitcoin (BTC) is set to end the week in the red, trading near the 200-Week Simple Moving Average (SMA) at around $62,300 on Friday. Institutional selling persists, capping BTC’s recovery as spot Exchange Traded Funds (ETFs) point to a sixth consecutive week of outflows.