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

FXStreet Team FXStreet

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.

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