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Cryptocurrencies Price Prediction: Ripple, Bitcoin & Dogecoin — Asian Wrap 25 May

Cryptocurrencies Price Prediction: Ripple, Bitcoin & Dogecoin — Asian Wrap 25 May
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Ripple shelves SEC lawsuit to strengthen market presence with investments, 10% payoff for investors

Ripple (XRP) price is poised for a 10% upswing amid a new move by the company to strengthen its market presence with investments. Based on a recent quarterly report from Galaxy Digital, the popular blockchain company has purchased Bitstamp shares. Notably, the acquisition involved shares previously belonging to Pantera Capital, an American investment firm specializing in digital assets and asset-based companies.

Can China's recent crypto optimism trigger a bull run in Bitcoin price?

Back until 2021, in addition to the United States, China used to have considerable dominance over crypto. This has since not only declined but completely disappeared owing to the blanket ban by the country two years ago. Thus it would be surprising if the crypto market suddenly went swinging again.

Dogecoin price stumbles 3% amid suspicious moves among DOGE whales

Dogecoin (DOGE) price is trading with a bearish bias amid growing Fear Uncertainty, and Doubt (FUD) in the market. The memecoin has displayed a rather dull price action since the first week of May, a move that led to a fade in investor confidence in what many had hoped would be a big player in the crypto scene.

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Composed of a group of economic journalists and FX experts, the FXStreet content team produces and oversees all content published on FXStreet. It provides a purely journalistic approach to the Forex market.

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Ripple ticks higher as selling pressure eases amid whale net outflows

Ripple ticks higher as selling pressure eases amid whale net outflows

Ripple edges higher near $1.30 on Wednesday, building on a broader crypto market recovery wave. The uptick comes amid the US midterm elections, in which the Democratic Party has clinched victory in the Senate and is on track to gain control of Congress.

Crypto Today: Bitcoin, Ethereum, XRP extend advance as US Dollar slides on Democrats' US midterm victory

Crypto Today: Bitcoin, Ethereum, XRP extend advance as US Dollar slides on Democrats' US midterm victory

Bitcoin trades above $78,000 on Wednesday as risk-on sentiment improves in the broader cryptocurrency market. Ethereum mirrors BTC’s recovery outlook, hovering above $2,300. Ripple similarly exchanges hands above $1.28, marking two consecutive days of gains.

Pi Network Price Forecast: Bullish breakout hopes fade as PI approaches record lows

Pi Network Price Forecast: Bullish breakout hopes fade as PI approaches record lows

Pi Network (PI) is trading in the red on Wednesday, hovering around $0.0755, with a downside risk toward the $0.0704 record low. The retail activity in the derivatives market declines as PI futures Open Interest plunges to nearly $7.50 million.

US midterm elections set up a potential volatility shock for BTC

US midterm elections set up a potential volatility shock for BTC

Bitcoin holds above the key 200-day EMA but remains capped by the 100-day EMA, with a breakout in either direction likely to determine its next directional bias. Analysts remain bullish on BTC but expect a significant price swing in either direction, favoring volatility-based strategies over directional bets.

Bitcoin: Binance security breach and hawkish Fed push BTC lower

Bitcoin: Binance security breach and hawkish Fed push BTC lower

Bitcoin (BTC) continues to weaken this week, down more than 3% and heading for its fourth straight weekly loss. The largest cryptocurrency by market capitalization is facing a bearish outlook, fueled by a hawkish Federal Reserve (Fed) outlook at the October meeting and a reported $6.3 billion hack at Binance, which is driving risk aversion and triggering heavy liquidations.