Cryptocurrencies Price Prediction: Lido, Cardano & Litecoin — Asian Wrap 15 May

FXStreet Team FXStreet

Lido begins recovery ahead of Version 2 rollout on the Ethereum blockchain, here’s where LDO is headed

The Lido DAO is a Decentralized Autonomous Organization that has currently opened voting for Version two on the Ethereum mainnet. The voting process will end on May 15, LDO price has started its recovery.

Cardano price gears up for recovery after massive spike in social engagements

Cardano, one of the largest cryptocurrencies by market capitalization is eyeing a recovery with the spike in social engagement and release of its node v.8.0.0. The altcoin yielded nearly 4% losses for holders over the past week.

Litecoin network activity climbs less than 100 days away from LTC halving

Litecoin, one of the top 20 cryptocurrencies by market capitalization, witnessed a massive growth in its wallet addresses with the approaching halving. The introduction of LTC20 standard, similar to Bitcoin’s BRC20, is driving growth in on-chain activity on Litecoin.

Author

FXStreet Team

FXStreet

Markets move fast. We move first.

Orange Juice Newsletter brings you expert driven insights - not headlines. Every day on your inbox.

Editor's Picks

Ripple faces persistent bear risks, shrugging off ETF inflows

Ripple is extending its decline for the second consecutive day, trading at $2.06 at the time of writing on Friday. Sentiment surrounding the cross-border remittance token continues to lag despite steady inflows into XRP spot ETFs.

Luna Classic soars 20% as Do Kwon's sentence hearing looms

Luna Classic surges 20% on Friday, extending its recovery for the fourth consecutive day. Roughly 959 million tokens have been burned in December so far, fueling LUNC's recovery.

Crypto Today: Bitcoin, Ethereum, XRP pare gains despite increasing hopes of upcoming Fed rate cut

Bitcoin (BTC) is steadying above $91,000 at the time of writing on Friday. Resistance at $94,150 capped recovery on Wednesday, but in the meantime, bulls have contained downside risks above $90,000.

Ethereum strengthens against BTC post-Fusaka, targeting $3,200 breakout

Ethereum trades above $3,100 on Friday, with bulls aiming for a breakout above a two-month-old resistance trendline. Ethereum gains strength against Bitcoin as demand for the major altcoin increases after the Fusaka upgrade.

Orange Juice Newsletter – Smart insights by real people. Every day.

A free newsletter highlighting key market trends to help traders stay a step ahead. Daily insights on the most relevant trading topics, compiled by our experts in an easy-to-read format so you never miss an important move.

Bitcoin: BTC steadies as data suggests local bottom

Bitcoin (BTC) hovers around $91,000 at the time of writing on Friday, extending its recovery by 5% so far this week. On the institutional front, a modest outflow from US-listed spot Bitcoin Exchange Traded Funds (ETFs) marks a slowdown from previous weeks and signals a reduction in selling pressure, further supporting BTC’s recovery.

Legal Text

Markets move fast. We move first.

Editor's Picks