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Cryptocurrencies Price Prediction: Shiba Inu & Bitcoin — Asian Wrap 22 August

FXStreet Team FXStreet

UK embraces stablecoin regulation, financial watchdogs wait and watch

UK’s crypto industry welcomed new stablecoin rules pending guidance from financial watchdogs. A proposed bill could clarify new powers vested in regulators over payments-focused crypto assets, stablecoins. Crypto regulation is a part of the UK government's post-Brexit economic strategy; therefore, the community is awaiting interpretation of new rules.

Three reasons why Shiba Inu has potential to beat the slump

Ethereum whales hold on to their Shiba Inu holdings worth over $163 million, fueling bullish sentiment among SHIB holders. Despite massive profit-taking when SHIB hit the $0.00001732, large wallet investors have a bullish outlook on the meme coin.

Ronin bridge attackers who fled with $625 million move funds to Bitcoin

Investigators have been tracking stolen funds from the Ronin bridge hack, through their journey from mixers to the Bitcoin network. An investigator presented his analysis to the crypto community, revealing the location of the stolen funds.

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Grass 20% bullish breakout defies broader market weakness

Grass (GRASS) is edging up above $0.30 at the time of writing on Monday. The token’s notable 20% intraday surge stands out amid heightened volatility in the broader crypto market.

XRP slides as US-Iran war weakens sentiment

Ripple remains under pressure, trading around $1.35 at the time of writing on Monday. The remittance token extended its down leg to $1.27 on Saturday after the US, in collaboration with Israel, launched attacks on Iran, killing the nation’s Supreme Leader, Ali Khamenei.

Crypto Today: Bitcoin pares losses, Ethereum and XRP drift lower as Middle East conflict pressures risk assets

Bitcoin, Ethereum and Ripple remain on edge as the Israel-US war on Iran risk-off sentiment. The Crypto King trades above $66,000 at the time of writing on Monday, but is struggling to break through the seller congestion around $67,000.

Bitcoin on brink of breakdown amid US-Iran war

Bitcoin (BTC) remains under pressure near the key support level of $65,700. Trading at $66,400 at the time of writing on Monday, a breakdown below this critical level would suggest a deeper correction ahead.

Bitcoin Price Annual Forecast: BTC holds long-term bullish structure heading into 2026

Bitcoin (BTC) is wrapping up 2025 as one of its most eventful years, defined by unprecedented institutional participation, major regulatory developments, and extreme price volatility.

Bitcoin: Another month of losses, and it’s been five

Bitcoin (BTC) price is stabilizing around $68,000 at the time of writing on Friday, but the Crypto King is poised to close February on a fragile footing, marking its fifth consecutive month of losses since October and a rare start to the year with back-to-back monthly corrections.