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Cryptocurrencies Price Prediction: Chainlink, Ripple & SEC – American Wrap 15 October

Cryptocurrencies Price Prediction: Chainlink, Ripple & SEC – American Wrap 15 October
FXStreet TeamFXStreet TeamFXStreet

Chainlink Price Forecast: LINK risks 15% decline amid continued deleveraging 

Chainlink (LINK) extends its decline, trading at above $18.00 on Wednesday amid volatility in the broader cryptocurrency market. Since Monday, the oracle token has lost 10% of its value, reinforcing the prevailing bearish outlook.

XRP bears hold the fort as sell-off lingers

Ripple (XRP) is facing overhead pressure, trading below $2.50 at the time of writing on Wednesday. The cross-border money transfer token recovery attempt in the wake of last week's flash crash was rejected at around $2.63 on Monday, affirming the short-term bearish outlook.

Backpack expands to SEC-registered tokenized stocks with superstate partnership

Crypto exchange Backpack said it is adding SEC-registered U.S. equities to its trading platform with Superstate, the blockchain finance startup led by Compound founder Robert Leshner.

 

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