Cryptocurrencies Price Prediction: Filecoin, Shiba & Cryptos– American Wrap 1 March

FXStreet Team FXStreet

Filecoin Price Prediction: FIL could see consolidation before a 30% crash

Filecoin price was among the few coins to continue its uptrend well into February, with the uptrend beginning to cool down just a few days ago. The altcoin is currently suffering the brunt of the recovering market as investors are acting cautiously, looking for a bullish or bearish signals. If Wednesday’s rally turns out to be a bullish signal, investors could be looking at a good few days.

Shiba Inu Price Prediction: SHIB set to drop 20% as whale moves bulk load of coins

Shiba Inu (SHIB) price looks likely to tank in case crucial nearby support cracks in the wake of a major investor showing his hand. A big whale has moved roughly 180 billion coins in Shiba Inu from wallet 0xd6 to the Gemini and Crypto.com exchanges. Last time that same wallet made a similar move with a similar amount, SHIB price shed over 7%.

ADA and SingularityNET focus on staking – Could investing in TMSN presale result in better passive income?

Every crypto investor aims for passive income, and experienced players know there is more to crypto than merely buying and selling. Through coins like Cardano (ADA) and SingularityNET (AGIX), investors can stake their coins for interest, similar to how putting money in a bank can yield interest. Can newcomer TMS Network (TMSN) – now in the second phase of presale – give a better return than staking?

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Avalanche struggles near $12 as Grayscale files updated form for ETF

Avalanche trades close to $12 by press time on Wednesday, extending the nearly 2% drop from the previous day. Grayscale filed an updated form to convert its Avalanche-focused Trust into an ETF with the US Securities and Exchange Commission.

Bitcoin slips below $87,000 as ETF outflows intensify, whale participation declines

Bitcoin price continues to trade around $86,770 on Wednesday, after failing to break above the $90,000 resistance. US-listed spot ETFs record an outflow of $188.64 million on Tuesday, marking the fourth consecutive day of withdrawals.

Michael Selig assumes role as new CFTC Chair, what does this mean for crypto?

Michael Selig has been sworn in to serve as the 16th Chairman of the Commodity Futures Trading Commission. Selig was confirmed by the US Senate to head the commission last week, following his October nomination by the US President Donald Trump.

Crypto.com hires sports trader for event prediction market-making

Crypto.com plans to recruit a quant trader for the sports market-making team to buy and sell financial contracts related to these events. Opponents argue that internal trading desks put operators or their affiliates on the opposite side of customer trades.

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Bitcoin: Fed delivers, yet fails to impress BTC traders

Bitcoin (BTC) continues de trade within the recent consolidation phase, hovering around $92,000 at the time of writing on Friday, as investors digest the Federal Reserve’s (Fed) cautious December rate cut and its implications for risk assets.

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