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Cryptocurrencies Price Prediction: Chiliz, Dogecoin & Crypto.com — Asian Wrap 14 November

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Chiliz allocates 38 million CHZ to rescue traders who lost funds in FTX collapse

Chiliz announced its decision to allocate 38 million CHZ to a public address that will help compensate up to $10,000 per FTX user who lost funds. The project has decided to engage with the liquidator to facilitate this over the next few weeks.

Dogecoin price: Dogechain releases staking guide, DOGE price struggles to recover

Dogecoin, the largest meme coin, started its recovery from the FTX-Alameda collapse. The meme coin yielded 2% gains overnight, however analysts remain bearish on Dogecoin price. Dogechain announced that native staking will be available for community members in the second week of November 2022.

Crypto experts allege Gate.io and Crypto.com could collapse like FTX: Accident or proof-of-reserves?

Samuel Bankman-Fried’s FTX exchange collapse highlighted the importance of proof-of-reserves for centralized exchanges. When confirming the availability of funds on Crypto.com, cold storage information revealed a suspicious transfer of 320,000 Ether to Gate.io.

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XRP defends $1.90 support as ETFs attract inflows despite retail caution

Ripple (XRP) is consolidating above $1.90, a short-term support level, at the time of writing on Thursday. This mild uptick marks two consecutive days of a strengthening technical outlook, following recent market-wide volatility.

Pi Network rebounds on creator event, PI payments updates

Pi Network recovers by over 3% at press time on Thursday, after a steady declining trend. The rebound aligns with the announcement of new updates to the network, including the integration of PI payments and a community-centered creator event.

Crypto Today: Bitcoin, Ethereum, XRP post modest gains as ETF selling pressure intensifies

Bitcoin is extending its modest gains for the second consecutive day, trading above $90,000 at the time of writing on Thursday. Altcoins, including Ethereum and Ripple, are attempting to stabilize after days of persistent selling pressure.

Bitcoin recovers above $90,000 as Trump backs off Greenland tariffs threat

Bitcoin price recovers above $90,000 on Thursday after retesting the midpoint of a horizontal parallel channel. Trump’s Davos speech on Wednesday ended the imposition of new tariffs on European nations against the US purchase of Greenland, improving risk sentiment.

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Bitcoin: BTC bulls remain strong amid institutional demand, risk-on sentiment improves

Bitcoin (BTC) price holds above $95,500 at the time of writing on Friday after rallying more than so far 5% this week. The rising institutional and corporate demand supports the bullish price action in BTC.