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Cryptocurrencies Price Prediction: Shiba Inu, Bitcoin & Binance Coin — Asian Wrap 03 May

Cryptocurrencies Price Prediction: Shiba Inu, Bitcoin & Binance Coin — Asian Wrap 03 May
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SHIB whales accumulate despite Shiba Inu price falling to four-month low; what it means for the meme coin

Shiba Inu price continued its lackluster streak of red candlesticks followed by minimal recovery as the altcoin witnessed virtually no change on May 2. While the on-chain conditions of the meme coin scream bearish at the moment, SHIB whales' actions suggest the contrary.

Crisis in the United States - Banks down, Investors out - but Bitcoin price rises to $28,500

The banking crisis that first hit the United States of America in Q1 this year is seemingly beginning to take shape again. The last time this happened, Bitcoin price had a good time, and by the looks of it, the conditions are certainly pointing towards a similar outcome this time around.

Binance exchange’s future may be at risk, former SEC official says, details

A former Enforcement Division lawyer of the Securities and Exchange Commission (SEC), John Reed Stark, said that the future of Binance may be at risk, citing several red flags around the cryptocurrency exchange.

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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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Solana Price Forecast: SOL slides below $92 as downside risk grows

Solana Price Forecast: SOL slides below $92 as downside risk grows

Solana remains under pressure, trading below $92 on Wednesday and declining more than 3.5% so far this week. Muted demand for US-listed spot Solana Exchange Traded Funds, rising short positions and overheated market conditions continue to weigh on sentiment, limiting recovery attempts.

Top 3 Price Predictions: BTC tests critical support, ETH struggles below resistance, XRP extends losses

Top 3 Price Predictions: BTC tests critical support, ETH struggles below resistance, XRP extends losses

Bitcoin, Ethereum, and Ripple remain under pressure on Wednesday as bearish momentum continues to weigh on prices. BTC approaches key support around $76,466, and a decisive close below could open the door to deeper losses. Meanwhile, ETH struggles below key resistance while XRP faces rejection at the upper trendline of a falling channel pattern, all hinting at deeper losses.

Bitcoin struggles to capitalize on US Dollar weakness as Democrats advance in US midterms

Bitcoin struggles to capitalize on US Dollar weakness as Democrats advance in US midterms

Bitcoin is down nearly 2% trading below $76,000, and testing the 200-day Exponential Moving Average baseline near $76,501. Bitcoin’s pullback aligns with the weakness in the US Dollar, which typically provides tailwinds for risk-sensitive assets. The selling pressure aligns with the US midterm elections as early results point to Democrats leading gains in both houses.

Hyperliquid Price Forecast: HYPE eyes $78.4 support as CFTC approves US equity perpetuals

Hyperliquid Price Forecast: HYPE eyes $78.4 support as CFTC approves US equity perpetuals

Hyperliquid (HYPE) trades at $81.73 as US regulators open another route for perpetual futures, allowing contracts tied to individual stocks to trade on qualifying domestic exchanges.
Bitcoin: Binance security breach and hawkish Fed push BTC lower

Bitcoin: Binance security breach and hawkish Fed push BTC lower

Bitcoin (BTC) continues to weaken this week, down more than 3% and heading for its fourth straight weekly loss. The largest cryptocurrency by market capitalization is facing a bearish outlook, fueled by a hawkish Federal Reserve (Fed) outlook at the October meeting and a reported $6.3 billion hack at Binance, which is driving risk aversion and triggering heavy liquidations.