Cryptocurrencies Price Prediction: Ripple, BONK & Gemini – American Wrap 22 November

FXStreet Team FXStreet

Ripple and SEC speculated to settle lawsuit for good on November 30

XRP price was expected to halt the ongoing series of red candlesticks, which have continued to grow and will probably continue going forward. This is the condition of the market despite the potential of Ripple and SEC settling the latter’s lawsuit this month and picking up the heat.

Binance to list BONK, will this Solana-based meme coin face same fate as PEPE?

BONK, a Solana-based meme coin, has witnessed a massive spike in its price over the past month. BONK price rallied over 1,500% in the past month, doubled in the past week and climbed 32% early on Wednesday.

Genesis Sues Gemini to recover 'preferential transfers' worth $689M

Crypto lender Genesis Global Capital has sued cryptocurrency exchange Gemini Trust, its former business partner, to recover more than $689 million, according to a court filing late on Tuesday.

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Ripple and Stellar outlook: XRP and XLM tumble as technical outlook deteriorates

Ripple and Stellar extend their declines, trading below $1.06 and $0.165, respectively, as selling pressure intensifies. In addition, weakening technical structures and bearish derivatives metrics suggest the correction for both altcoins could deepen if key support levels fail to hold.

Crypto Market Overview: Pi Network, Uniswap lead gains as Bitcoin steadies at $64,000

Bitcoin trades above $64,000 on Thursday, testing the bullish breakout of its 50-day Exponential Moving Average near $64,660. Mild recovery in BTC lifts altcoins, with Pi Network and Uniswap emerging as top performers over the last 24 hours.

Bitcoin stalls despite strong market activity across traditional assets

Bitcoin remained subdued while stocks edged higher and gold lower, suggesting the market is trapped between weakening institutional demand and growing signs of seller exhaustion, according to a Glassnode report on Wednesday.

Hashdex Bitcoin ETF to shut down following low liquidity

Hashdex Asset Management stated on Wednesday that it will liquidate and close the Hashdex Bitcoin ETF (DEFI), due to low assets under management, limited liquidity and operating costs. The fund managed approximately $14.7 million in assets as of July 30, according to a statement on Wednesday.

Bitcoin: Bulls hold the line

Bitcoin (BTC) edges slightly lower, trading at $64,300 at the time of writing on Friday but holding firmly above a key support zone. US-listed spot Bitcoin Exchange Traded Funds (ETFs) support BTC as they continued to attract institutional flows through Thursday, pointing to the fourth consecutive week of net inflows.