Cryptocurrencies Price Prediction: Dogecoin, Uniswap & Coinbase — Asian Wrap 05 January

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Dogecoin Price Prediction: DOGE to rally by 25% in January?

Dogecoin price has broken out above a descending trend channel that acted as resistance throughout December. DOGE has the potential to rally to the midway point of the recent downtrend. Invalidation of the bullish thesis is a breach below $0.065.

Uniswap Price Prediction: UNI Moonpay partnership screams bullish

Uniswap price has rallied by 8% since the start of the new year. UNI partners with Moonpay, successfully launching Uniswap's first Fiat-to-Crypto onboarding system. The bulls have crossed over two key moving averages, citing the potential for a challenge of December's swing high.

Coinbase reaches $100 million settlement with New York regulators, set to expand its compliance program

Coinbase had a run-in with the regulators back in 2021 following reports of unidentified customers and failure to monitor their activity. Finally coming to an end, the case reached a settlement with Coinbase also committing to improving its compliance strategies.

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FXStreet Team

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XRP stuck in tight range as whale demand, on-chain activity strengthen

Ripple (XRP) declines for a second day in a row, trading around $1.07 at the time of writing on Tuesday. The remittance token has continued to sustain a bearish outlook, aligning with the broader cryptocurrency market.

Bitcoin rises toward $64,000 as Coldcard exploit, strategy sales recede – ADA advances

Bitcoin rose 1.6% over the last 24 hours, climbing as high as $64,160 to the highest since July 31 before retreating. The rebound followed a selloff spurred by an exploit that targeted a cold wallet over the weekend and bitcoin sales by the world’s largest corporate holder.

Crypto Today: Bitcoin, Ethereum, XRP shows recovery signs as Ethereum and XRP struggle

Bitcoin (BTC) advances above $63,000 on Tuesday, buoyed by increasing investor risk appetite. Ethereum (ETH) continues to trade under pressure below the supply range at $1,900 and above the short-term $1,800 support. At the same time, Ripple’s (XRP) upside is constrained under the pivotal $1.10 level while support at $1.00 remains intact.

US Yen intervention puts Bitcoin, risk assets on notice for liquidity flux

Washington’s growing coordination with the Bank of Japan (BoJ) points to a potential boost in global dollar liquidity — even as it runs up against a yen carry trade unwind that could squeeze liquidity if it deepens further. Last week, the US and Japan conducted a rare joint intervention to prop up the yen, which had slid to 40-year lows of 164 per dollar — the first of its kind since 1998.

Bitcoin: Bulls hold the line

Bitcoin (BTC) edges slightly lower, trading at $64,300 at the time of writing on Friday but holding firmly above a key support zone. US-listed spot Bitcoin Exchange Traded Funds (ETFs) support BTC as they continued to attract institutional flows through Thursday, pointing to the fourth consecutive week of net inflows.