Cryptocurrencies Price Prediction: OMG Network, Bitcoin & XRP – American Wrap 30 March

FXStreet Team FXStreet

OMG Network Price Analysis: OMG bound for massive move as $8 beckons

OMG Network has sustained an uptrend from the support embraced at $4. An ascending parallel channel has since March kept the bears in check. However, upward price action is still limited by the upper boundary resistance. Additional gains are expected a

Bitcoin jumps past $59K as PayPal launches crypto payments at 29M merchants

Bitcoin (BTC) neared $60,000 on March 30 after PayPal confirmed that it had formally launched cryptocurrency payments.

Ripple’s partnership with Tranglo could catalyze XRP price move to $1

Ripple recently announced a collaboration with Malaysia-based, cross-border payments company Tranglo. This strategic move could propel the XRP price higher as it directly ties into the partnership.

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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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