Cryptocurrencies Price Prediction: Chainlink, Shiba & Polygon– American Wrap 20 February

FXStreet Team FXStreet

This is how rising greed in the crypto market could trigger a 23% rally in Chainlink price

Chainlink price is reacting to Bitcoin’s rally, climbing the charts quickly to recover the losses the altcoin witnessed following FTX’s collapse.

As the crypto market faces regulation, companies like TMSN, DOT, and Polygon offer new solutions

Crypto projects like Ripple have battled with regulatory issues. However, newer crypto projects with regulatory-compliant, user-focused utilities like TMS Network (TMSN), Polygon (MATIC), and Polkadot (DOT) are taking over.

Here’s why Shiba Inu holders are bullish after Shytoshi Kusama’s update on Shibarium

Shiba Inu’s layer-2 scaling solution Shibarium’s beta launch is coming up as Shytoshi Kusama shared a progress update in his latest blog.

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FXStreet Team

FXStreet

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.

XRP consolidates as inflows and volume climb

Ripple (XRP) retains a slightly bullish outlook on Wednesday despite logging a minor correction from the supply range near $1.15. The remittance token is down 0.5% on the day, reflecting a broader cryptocurrency market drawdown, primarily driven by persistent geopolitical tensions between the United States (US) and Iran in the Middle East.

Bitcoin Price Prediction: BTC recovery holds as ETF inflows persist

Bitcoin (BTC) trades slightly lower around $66,000 on Wednesday as tensions in the Middle East escalate further. Still, the Crypto King is up over 2.5% so far this week.

South Korea crypto volumes shrink as retail investors shift to stocks

South Korea’s major crypto exchanges have seen their trading activity fall sharply over the past year as the country’s stock market surged, suggesting retail speculative interest may be shifting toward equities, Cointelegraph analysis shows.

Hyperliquid, Robinhood could lead crypto’s next bull market as DeFi and TradFi converge

The next crypto bull market could be driven by the growing convergence between blockchain-based financial infrastructure and traditional finance, according to Bitwise CIO Matt Hougan. In a report published late Tuesday, Hougan argued that crypto may be showing early signs of a market bottom, with Bitcoin gaining 9% since July 1 even as the NASDAQ 100 declined 6%.

Bitcoin’s potential recovery in the second half hinges on these 4 catalysts

Bitcoin (BTC) has fallen over 34% in the first half of this year as the King Crypto failed to capitalize on a good semester for risk assets despite the woes from the Iran war.