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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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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 recovery slows amid incessant capital outflows

Crypto Today: Bitcoin, Ethereum, XRP recovery slows amid incessant capital outflows

The cryptocurrency remains in a broader corrective bias on Friday, despite majors such as Bitcoin (BTC), Ethereum (ETH), and Ripple (XRP) holding slightly higher than early-week support levels.

Cardano: Whale selling, cautious derivatives limit ADA rebound

Cardano: Whale selling, cautious derivatives limit ADA rebound

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Experts agree: Bitcoin nears bottom, but weak demand raises doubts

Experts agree: Bitcoin nears bottom, but weak demand raises doubts

Bitcoin (BTC) is trading above $63,000 at the time of writing on Friday after rebounding from the key 200-week Simple Moving Average (SMA) near $62,000, a level widely viewed as key long-term support.

Pi Network Price Forecast: Bulls attempt comeback as bearish strength fades

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Experts agree: Bitcoin nears bottom, but weak demand raises doubts

Experts agree: Bitcoin nears bottom, but weak demand raises doubts

Bitcoin (BTC) is trading above $63,000 at the time of writing on Friday after rebounding from the key 200-week Simple Moving Average (SMA) near $62,000, a level widely viewed as key long-term support. The recovery may suggest that Bitcoin has found a floor after a sharp correction that spanned more than a month, but some warning signs persist.