Cryptocurrencies Price Prediction: Dogecoin, Chiliz & Litecoin – American Wrap 13 April

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Dogecoin price jumps 20% again as investment company buys $60 million worth of Dogecoin Cash

Dogecoin price had yet another major breakout thanks to a massive investment from Kronos Advanced Technologies. The digital asset that started as a meme is now gaining traction among investment companies, mostly due to the exposure gained by the world's richest man, Elon Musk.

Chiliz Price Forecast: CHZ jump to $1 is inevitable, according to technicals

Chiliz (CHZ) had a massive 30% move in the past two days, cracking a key resistance level and breaking out from a parallel channel. CHZ had a lot of momentum since the beginning of 2021 thanks to fan tokens.

Litecoin Price Prediction: LTC targets new yearly highs at $320

Litecoin (LTC) price has been trading inside a robust uptrend since March 25 and just hit a new 2020-high at $270. On-chain metrics show practically no resistance ahead as the digital asset targets $320.

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Avalanche struggles near $12 as Grayscale files updated form for ETF

Avalanche trades close to $12 by press time on Wednesday, extending the nearly 2% drop from the previous day. Grayscale filed an updated form to convert its Avalanche-focused Trust into an ETF with the US Securities and Exchange Commission.

Bitcoin slips below $87,000 as ETF outflows intensify, whale participation declines

Bitcoin price continues to trade around $86,770 on Wednesday, after failing to break above the $90,000 resistance. US-listed spot ETFs record an outflow of $188.64 million on Tuesday, marking the fourth consecutive day of withdrawals.

Michael Selig assumes role as new CFTC Chair, what does this mean for crypto?

Michael Selig has been sworn in to serve as the 16th Chairman of the Commodity Futures Trading Commission. Selig was confirmed by the US Senate to head the commission last week, following his October nomination by the US President Donald Trump.

Crypto.com hires sports trader for event prediction market-making

Crypto.com plans to recruit a quant trader for the sports market-making team to buy and sell financial contracts related to these events. Opponents argue that internal trading desks put operators or their affiliates on the opposite side of customer trades.

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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.

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