Cryptocurrencies Price Prediction: Polkadot, Ripple & Shiba Inu — Asian Wrap 22 Nov

FXStreet Team FXStreet

Polkadot parachains offer developers freedom from Ethereum, says CEO Gavin Wood

Polkadot’s Parachains offers projects a free execution model on its network, offering freedom from economic constraints. The first Parachain auction has ended, and the reduction in DOT supply is expected to drive the token’s price higher. Polkadot recently concluded the auction for its first Parachain slot.

XRP Ledger reveals plan to power the development of NFTs

The global payments giant has revealed plans to get into NFTs and boost the utility of XRP Ledger native tokens. Ripple Ledger has the features to power NFT functionality on it. XRP Ledger is evolving into an NFT platform. Proponents have noted that the XRP Ledger has features that support NFT functionality.

Shiba Inu shakes weak hand before strong expansive uptrend

A brief technical and on-chain analysis on Shiba Inu price. Here, FXStreet's analysts evaluate how SHIB could be about to resume its uptrend.

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

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.

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: 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.

Legal Text

Markets move fast. We move first.

Editor's Picks