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Cryptocurrencies Price Prediction: Bitcoin, Uniswap and Tron – European Wrap 2 November

Cryptocurrencies Price Prediction: Bitcoin, Uniswap and Tron – European Wrap 2 November
FXStreet TeamFXStreet TeamFXStreet

Top 3 Price Prediction Bitcoin, Ethereum, Ripple: Crypto market poised for a mega upswing

The bullish cycle, especially for Bitcoin and Ethereum, has continued to gain momentum over the last couple of weeks. However, the impact of Bitcoin's rally to new yearly highs, as well as hitting a new 33-month high, has failed to trickle down to the rest of the crypto assets, which are wallowing in increasing selling pressure. Read More...

BTC/USD price chart

Uniswap Technical Analysis: UNI upswing to $2.6 hits the takeoff threshold

UniSwap managed to come out of an extended downtrend, following the establishment of support at $2.2. The consistent breakdown affected all the projects in the decentralized finance (DeFi) ecosystem, which raised questions of a bubble or the lack of sustainability. Meanwhile, Uniswap appears to have woken up in tandem with Bitcoin's majestic price action and other selected large altcoins like Ethereum. Read more...

UNI/USD price chart

Justin Sun addresses malicious attack on the TRON network

Justin Sun, CEO of the decentralized smart contract building platform TRON, has addressed a malicious attack on the network that took place during a software upgrade on November 2. According to Sun, the network was undergoing a routine upgrade on version 4.1 of the mainnet but "was attacked by a malicious contract on 20.11.02 at 06:14 (HKT)." Read more...

TRX/USD price chart

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Bitcoin braces for US midterm elections as historical sell-offs revive downside concerns

Bitcoin braces for US midterm elections as historical sell-offs revive downside concerns

Bitcoin (BTC) braces for the impact of the US midterm elections, just a week after the $6 billion hack from Binance. Historically, congressional elections have negatively affected not just the president’s party but also Bitcoin.

Bitcoin slips below $78,000 amid ETF outflows

Bitcoin slips below $78,000 amid ETF outflows

Bitcoin (BTC) slips below $78,000 at the time of writing on Monday after posting its fourth straight weekly loss. Institutional demand shows signs of weakening, with spot Exchange Traded Funds (ETFs) recording outflows of over $202 million last week.

Crypto Today: Bitcoin, Ethereum and XRP consolidate amid weak market sentiment

Crypto Today: Bitcoin, Ethereum and XRP consolidate amid weak market sentiment

Bitcoin hovers above $78,000, building on the 100-day EMA support as market sentiment remains weak. Ethereum shows signs of recovery near $2,300, though upside remains technically capped.

Pi Network tests long-term resistance breakout as selling pressure wanes

Pi Network tests long-term resistance breakout as selling pressure wanes

Pi Network edges higher on Monday, testing the bullish breakout of a long-term resistance trendline. Fear and Greed Index declines to 36 from 43 last week, indicating reduced risk appetite.

Bitcoin: Binance security breach and hawkish Fed push BTC lower

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.