Cryptocurrencies Price Prediction: Chainlink, Floki & Binance — Asian Wrap 17 July

FXStreet Team FXStreet

Chainlink stabilizes as Westpac and Imperium Markets adopt LINK in Project Acacia

Chainlink (LINK) price is stabilizing at around $16.47 on Thursday after rallying 5% so far this week. LINK announced on Thursday that major institutions, including Westpac Institutional Bank and Imperium Markets, will integrate Chainlink in Project Acacia, thereby boosting institutional use cases. The technical setup supports the bullish sentiment, with LINK poised to target the $18.81 level if momentum continues.

Top Crypto Gainers: Solana-based meme coins FLOKI, BONK post double-digit gains, CRV targets $1

FLOKI edges lower by nearly 2% at press time on Thursday after bouncing off 30% higher from the 200-day Exponential Moving Average (EMA) on Wednesday. Floki's channel breakout rally gains traction as it reclaims the $0.000100 round figure. The Solana-based meme coin faces opposition at the 61.8% Fibonacci retracement level $0.000142, extrapolated over the pullback from $0.000290 on November 21 to $0.000045 on April 7.

BNB gains 3% following Windtree's plan to launch BNB treasury, H1 report

BNB rose 3% on Wednesday as Windtree Therapeutics (WINT) announced a $200 million securities purchase agreement with Build and Build Corporation to establish a BNB treasury. Meanwhile, BNB Chain revealed it achieved faster transaction settlement and fee reduction in H1, with plans to boost its current throughput by up to 20x by the end of 2025.

Author

FXStreet Team

FXStreet

Markets move fast. We move first.

Orange Juice Newsletter brings you expert driven insights - not headlines. Every day on your inbox.

Editor's Picks

Aave Price Forecast: AAVE primed for breakout as bullish signals strengthen

Aave (AAVE) price is trading above $204 at the time of writing on Friday and approaching the upper boundary of its descending parallel channel; a breakout from this structure would favor the bulls.

Meme Coins Price Prediction: DOGE, SHIB, PEPE stall amid warming retail demand

Meme coins, including Dogecoin (DOGE), Shiba Inu (SHIB), and Pepe (PEPE), struggle to regain strength as the broader cryptocurrency market recovers. Derivatives data reveals fresh retail demand as Open Interest of DOGE, SHIB, and PEPE futures surge.

Terraform Do Kwon gets 15-year prison sentence for role in Terra-Luna $40 billion crash

Terraform Labs founder Do Kwon was sentenced to 15 years in prison by a New York federal court on Thursday for his role in organizing one of the largest cryptocurrency frauds in history.

Top 3 Price Prediction: BTC and ETH eyes breakout, XRP steadies at support

Bitcoin (BTC) and Ethereum (ETH) are nearing the key resistance levels at the time of writing on Friday, and a successful breakout could open the door for a fresh rally. Meanwhile, Ripple (XRP) is stabilizing around a crucial support zone, hinting at a potential rebound if buyers maintain control.

Orange Juice Newsletter – Smart insights by real people. Every day.

A free newsletter highlighting key market trends to help traders stay a step ahead. Daily insights on the most relevant trading topics, compiled by our experts in an easy-to-read format so you never miss an important move.

Bitcoin: Fed delivers, yet fails to impress BTC traders

Bitcoin (BTC) continues de trade within the recent consolidation phase, hovering around $92,000 at the time of writing on Friday, as investors digest the Federal Reserve’s (Fed) cautious December rate cut and its implications for risk assets.

Legal Text

Markets move fast. We move first.

Editor's Picks