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Cryptocurrencies Price Prediction: Ethereum, Bitcoin & Cryptos – American Wrap 27 June

Cryptocurrencies Price Prediction: Ethereum, Bitcoin & Cryptos – American Wrap 27 June
FXStreet TeamFXStreet TeamFXStreet

Ethereum investors react to Shanghai upgrade contrary to expectations, enabling staking withdrawals

Ethereum price was expected to decline after the Shanghai upgrade was scheduled to go live as many believed investors would jump to unstake and sell their ETH for profits. Interestingly that did not occur, and instead, investors took a different approach – staking more, not less ETH.
Ethereum staking over the past major events
John Deaton, an XRP proponent and founder of Crypto-Law US, identified a developer of the XRPLedger who didn’t receive any funds from the payment firm, a case that could help Ripple defend itself in the lawsuit against the Securities and Exchange Commission (SEC).
 

Fidelity Investment set to file for spot Bitcoin ETF following BlackRock’s lead

Bitcoin price has witnessed an immense rally over the past couple of days, along with the rest of the crypto market. The trigger for this rally was said to be BlackRock, which shocked the world after filing for a spot Bitcoin ETF. Now, Fidelity Investment is reportedly preparing to do the same.
 
 

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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 braces for US midterm elections as historical sell-offs revive downside concerns

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