Cryptocurrencies Price Prediction: LidoDAO, Arbitrum & Aptos — Asian Wrap 13 March

FXStreet Team FXStreet

Lido DAO price clears key weekly resistance, but will LDO bulls rally?

Lido DAO (LDO) price has been consolidating for more than two months. Slowly but surely, LDO has overcome key hurdles, signaling a bullish outlook, but a breakout rally could take time.

Arbitrum price readies for one of the biggest token unlocks of 2024

Arbitrum (ARB) price has recorded a lot of volatility since the onset of 2024, trading within a range while the broader market rallied. With all eyes peeled to the Ethereum Layer 2 (L2) token for the anticipated ETH beta plays situation, ARB holders should brace for even more volatility as the network plans one of the biggest unlocks in 2024.

Aptos holders brace for volatility with $334 million worth of APT due to flood markets

Aptos (APT) price suffered rejection from the peak of the market range at $14.55 on March 6, what came on the back of a broader market dump could become worse as the network readies for massive unlocks event.

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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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