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Cryptocurrencies Price Prediction: Ripple, Dogecoin & Bitcoin – American Wrap 11 September

XRP awaits rebound targeting record high after US CPI report

Ripple (XRP) edges closer to a breakout, trading around the critical $3.00 level on Thursday. The release of the United States (US) Consumer Price Index (CPI) data has triggered a spike in volatility in the broader cryptocurrency market, as investors focus on the Federal Reserve’s (Fed) interest rate decision anticipated next week.

Dogecoin's DOJE ETF launch delayed to Friday – can DOGE hold gains?

Dogecoin (DOGE) offers bullish signals, trading marginally below the critical $0.25 level on Thursday. The largest meme coin by market capitalization has weathered the volatility triggered by the United States (US) Consumer Price Index (CPI) report, increasing its value for two consecutive days. 

Bitcoin miners are on fire

Bitcoin miners are on fire because Bitcoin’s price has surged, boosting mining revenues, while investors bet on higher profitability despite the recent halving. Some miners are also pivoting into AI and high-performance computing, attracting extra excitement and capital.

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FXStreet Team

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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Kraken’s parent plans regulated US perpetual futures on Hyperliquid

Hyperliquid has named Payward, the parent company of crypto exchange Kraken, as its intended first Commodity Futures Trading Commission-regulated deployer on HIP-3 markets. In an X post on Monday, Hyperliquid stated that Payward plans to use its infrastructure to deploy perpetual futures markets for US customers. The proposed arrangement remains subject to regulatory approval.

Pi Network Price Forecast: PI stalls as weak crypto sentiment caps recovery

Pi Network holds steady above $0.0760 stalling after a roughly 2% rebound the previous day. The broader market's weak sentiment and reduced trading volume weigh on the PI token. The technical outlook is bearish, with price capped below a long-term resistance trendline and weak momentum.

Ripple and Stellar outlook: XRP and XLM remain under pressure as bearish momentum persists

Ripple and Stellar continue to remain under pressure, trading below $1.30 and $0.169 respectively, after a mild recovery the previous day. Both XRP and XLM remain below their key Exponential Moving Averages, indicating bearish price action. Moreover, mixed derivatives metrics and cautious on-chain data are capping sustained recovery in XRP and XLM.

Ripple secures OCC approval for National Trust Bank
Brad Garlinghouse, CEO of Ripple, announced in an X post on Monday that the Office of the Comptroller of the Currency (OCC) has granted final approval to charter Ripple National Trust Bank (RNTB). The federally supervised national bank demonstrates Ripple's progress toward building digital asset infrastructure within a regulated financial system.
Bitcoin extends pullback as ETF inflows clash with risk-off sentiment

Bitcoin remains under pressure, trading around $81,800 on Friday, recording modest losses so far this week. Despite a mild pullback, institutional demand showed signs of a comeback with spot Exchange Traded Funds recording $442.67 million in net inflows through Thursday.