TRENDING:
Oil price
XAU/USD
EUR/USD
GBP/USD
Silver
Sponsored by
|

Cryptocurrencies Price Prediction: Bittensor, Curve DAO & Ethereum — Asian Wrap 16 July

Cryptocurrencies Price Prediction: Bittensor, Curve DAO & Ethereum — Asian Wrap 16 July
FXStreet TeamFXStreet TeamFXStreet

AI tokens to watch for: TAO, NEAR, ICP surge amid Google, Meta investment pledges

Artificial Intelligence (AI) tokens such as Bittensor (TAO), Near Protocol (NEAR), and Internet Computer (ICP) surged on Tuesday with Trump’s energy and AI innovation push. The investment pledges were made by American tech giants, including Google and Meta, as part of Donald Trump’s announcement of $90 billion in energy and AI investments in Pennsylvania. Bittensor edges lower by nearly 1% at press time on Wednesday from an eight-month resistance trendline formed by connecting the December 10 and May 22 peaks.

Top Crypto Gainers: ENS, CRV, SEI – Bulls eye further gains amid breakout runs, golden crossovers

CRV edges higher by 4% so far on Wednesday, maintaining its uptrend for the fourth consecutive day. The uptrend targets the 50% Fibonacci retracement level at $0.80, drawn from the $1.24 close on December 6 to the $0.36 close on March 10. A daily close above this level could extend the uptrend to the 61.8% Fibonacci level at $0.91.

Ethereum Price Forecast: ETH defies market correction as SharpLink becomes top corporate ETH holder

Ethereum (ETH) racked up a 2% gain on Tuesday, defying the correction seen in Bitcoin and other top cryptocurrencies after SharpLink Gaming revealed it expanded its treasury holdings to over 280,000 ETH in the past week.

Author

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.

More from FXStreet Team
Share:

Editor's Picks

Democrats win House and Senate in US midterms: Why isn’t all bad news for crypto

Democrats win House and Senate in US midterms: Why isn’t all bad news for crypto

The biggest story this week was Tuesday’s US midterm elections, which saw Democrats win control of both the House and the Senate in a clear blue wave. This political shift in the US has triggered sharp price swings across the cryptocurrency market.

Ripple nears oversold territory as traders eye buying opportunities

Ripple nears oversold territory as traders eye buying opportunities

Ripple remains structurally capped near $1.20 after selling pressure wiped out the early-week rise to $1.34, driven by the US midterm elections. Market participants exhibited regulatory concerns ahead of the Democrats taking control of Congress in January, with many repositioning and adjusting their portfolios.

Bitcoin Weekly Forecast: Bears tighten grip as BTC eyes fifth weekly loss

Bitcoin Weekly Forecast: Bears tighten grip as BTC eyes fifth weekly loss

Bitcoin is down over 3% this week, trading near $75,500 on Friday and heading for its fifth straight weekly loss. A sharp sell-off in US technology stocks reversed Bitcoin’s post-election rally on Thursday, triggering a wave of liquidations across the market and intensifying bearish pressure.

Post-US midterm elections market sell-off weighs on PI

Post-US midterm elections market sell-off weighs on PI

Pi Network (PI) continues to attract sellers, as the post-US midterm results triggered a sell-off in the US tech stock market and also wiped out over $1 billion from the crypto market.

Bitcoin: Bears tighten grip as BTC eyes fifth weekly loss

Bitcoin: Bears tighten grip as BTC eyes fifth weekly loss

Bitcoin (BTC) remains under pressure, down over 3% this week, trading near $75,500 on Friday and heading for its fifth straight weekly loss. Persistent outflows from US-listed BTC spot Exchange Traded Funds (ETFs), a sharp sell-off in US technology stocks, and rising market liquidations are weighing on sentiment and limiting Crypto King’s recovery attempts.