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Cryptocurrencies Price Prediction: Dogelon, XRP & Coinbase – European Wrap 24 January

Cryptocurrencies Price Prediction: Dogelon, XRP & Coinbase – European Wrap 24 January
FXStreet TeamFXStreet TeamFXStreet

Dogelon Mars pumps more than 85%, whales dump 128 billion coins and realize a profit

Dogelon Mars (ELON) price continues its rally on Friday after rallying more than 18% this week. On-chain data shows that ELON whale wallets realized profits during the recent surge. The technical outlook suggests a rally continuation of the dog-theme meme coin, targeting double-digit gains ahead.

XRP lose steam, risks 20% decline despite Donald Trump's presidential executive order

Ripple's XRP declined 3% in the early trading hours on Friday as on-chain and technical indicators signify that bulls are losing steam.

XRP showed no signs of recovery despite the positive developments of US President Donald Trump signing an executive order to establish a Presidential Working Group on digital assets.

Coinbase CEO urges governments to hold Bitcoin as strategic reserve

Coinbase CEO Brian Armstrong has declared Bitcoin a "better form of money" than gold, citing its scarcity, portability, and divisibility as key advantages. Armstrong believes Bitcoin’s market cap, currently around $2 trillion, could surpass gold’s $18 trillion within 5 to 10 years. He has urged governments to allocate a portion of their gold reserves to Bitcoin, arguing it is a stronger store of value and a more modern asset for strategic reserves.

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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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Bitcoin Price Forecast: BTC extends pullback as profit-taking weighs

Bitcoin Price Forecast: BTC extends pullback as profit-taking weighs

Bitcoin (BTC) trades below $84,000 at the time of writing on Thursday, extending the pullback for the third consecutive day as profit-taking weighs in. Despite the price correction, strong institutional demand alongside sustained accumulation by the 100–1,000 BTC holder cohort could support the Crypto King.
XRP is flashing three bullish signals heading into a historically weak October

XRP is flashing three bullish signals heading into a historically weak October

XRP (XRP) is still flashing 3 bullish signals across its holders, derivatives, and ETF data. These signals come as the token gave back part of its September gains on Thursday. The token traded near $1.50 at press time, down about 6.3% over 24 hours, according to BeInCrypto Markets data. The pullback still leaves XRP up over 15.6% on the week, a gain that tracks a broader market rally.
Crypto Today: Bitcoin, Ethereum, and Ripple – Bulls start to lose control

Crypto Today: Bitcoin, Ethereum, and Ripple – Bulls start to lose control

Bitcoin (BTC), Ethereum (ETH), and Ripple (XRP) are trading in the red on Thursday after losses of 2% to 4% the previous day. The major cryptos are starting to lose bullish control in the near term so far this week, despite the institutional funds witnessing steady inflows. The technical outlook for Bitcoin, Ethereum, and Ripple indicates near-term downside risk.
Litecoin token has its moment as network activity booms

Litecoin token has its moment as network activity booms

Litecoin, the cryptocurrency considered silver to Bitcoin's gold, and one that's often missing from day-to-day crypto discussions, has bucked the broader market weakness over the past 24 hours. LTC currently ranked 24th largest by market cap, has gained nearly 8% to $66 in 24 hours, the highest since January.
Bitcoin: BTC shrugs off CLARITY Act setback and hawkish Fed

Bitcoin: BTC shrugs off CLARITY Act setback and hawkish Fed

Bitcoin (BTC) price action has remained resilient this week, trading above $78,000 at the time of writing on Friday, heading toward a key resistance zone. Institutional demand shows early signs of weakness, with spot Exchange Traded Funds (ETFs) on track for a second straight week of outflows, with over $420 million recorded through Thursday amid escalating Middle East tensions.