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Cryptocurrencies Price Prediction: Dogecoin, Ethereum & Bitcoin — Asian Wrap 12 September

Cryptocurrencies Price Prediction: Dogecoin, Ethereum & Bitcoin — Asian Wrap 12 September
FXStreet TeamFXStreet TeamFXStreet

Dogecoin ready to conquer space with SpaceX embrace

In the $258 billion lawsuit against Elon Musk, seven new investor plaintiffs have joined the fight. Musk is accused of running a pyramid scheme supporting the cryptocurrency DOGE. Despite the lawsuit, DOGE has found utility among traders and merchants. 

Ethereum Merge could break the internet according to Preston Van Loon

Ethereum heads into the Merge within the next few days, therefore holders are awaiting a massive impact on the altcoin’s blockchain. Developer Preston Van Loon confirmed that the change in Ethereum’s consensus mechanism could drive ETH price higher.  

Three reasons to accumulate Bitcoin at the 2022 cycle bottom

Bitcoin price likely hit its absolute bottom according to the Market Mastery Divergence indicator. Analysts believe it is the best buying opportunity for traders in years, according to the indicator that worked in three previous cycles. 

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FXStreet Team

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.

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Crypto Today: Bitcoin, Ethereum, XRP trade under sustained selling pressure despite mild ETF inflows

Crypto Today: Bitcoin, Ethereum, XRP trade under sustained selling pressure despite mild ETF inflows

Cryptocurrency prices remain under pressure as a risk-off mood persists on Friday, with Bitcoin consolidating its losses above $62,000. Altcoins, including Ethereum and Ripple, are extending their weakness, trading near lower support levels around $1,600 and $1.12, respectively.

Bitcoin Weekly Forecast: After the bloodbath, everyone looks at $60,000

Bitcoin Weekly Forecast: After the bloodbath, everyone looks at $60,000

Bitcoin (BTC) hovers above $62,000 at the time of writing on Friday, weighed down by growing risk-off sentiment due to persistent geopolitical tensions in the Middle East and sticky macroeconomic uncertainty.

Cardano hits five-year low even as Hoskinson clarifies "break" isn't an exit

Cardano hits five-year low even as Hoskinson clarifies "break" isn't an exit

Cardano price is down 10% at press time on Friday, extending losses over 30% so far this week amid Charles Hoskinson's clarification that "break" isn't an exit. A reactionary spike in on-chain activity and social chatter, reflecting a strength of community, but fails to absorb the price decline.

Arthur Hayes' “Holy Trinity” is dead: Exits Zcash after Orchard Pool exploit

Arthur Hayes' “Holy Trinity” is dead: Exits Zcash after Orchard Pool exploit

Arthur Hayes dumped his entire Zcash holdings on Friday, a day after selling his HYPE and NEAR holdings. Zcash is down 13% so far on Friday, extending the 26% drop from the previous day.

Bitcoin: After the bloodbath, everyone looks at $60,000

Bitcoin: After the bloodbath, everyone looks at $60,000

Bitcoin (BTC) hovers above $62,000 at the time of writing on Friday, weighed down by growing risk-off sentiment due to persistent geopolitical tensions in the Middle East and sticky macroeconomic uncertainty. The institutional sell-off continued to wreak havoc on capital flows, with spot Bitcoin Exchange-Traded Funds (ETFs) recording billions in outflows.