Cryptocurrencies Price Prediction: Ripple, Dogecoin & Cryptos – American Wrap 13 September
Ripple CLO slams SEC for causing confusion in referring to crypto tokens as securities in lawsuits
XRP posts gains for a second consecutive day on Friday, extending Thursday’s surge, as Ripple Chief Legal Officer (CLO) Stuart Alderoty and Coinbase’s CLO Paul Grewal slammed the US Securities & Exchange Commission (SEC) stance over the usage of the term “crypto asset securities.”
Dogecoin (DOGE) is approaching the upper trendline of the falling wedge pattern on Friday, and a breakout would suggest a rally in the making. The bullish outlook for the dog-themed meme coin is further supported by reactivated dormant wallets and a long-to-short ratio above 1.
Bitcoin added 2% to its value this week. Bitcoin Spot ETFs observed net inflows of institutional capital on three out of five days this week, per data from Farside investors. On September 12, the 12 Bitcoin ETFs noted $39 million in inflows.
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