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Cryptocurrencies Price Prediction: Shiba Inu, Cardano & USD Coin — Asian Wrap 21 October

Shiba Inu Price Prediction: Is SHIB the best crypto to short?

Shiba Inu price has become a problematic digital asset to hold as the notorious meme continues to lose market value throughout October. The bulls have lost support from the $0.00001000 level, and there is no evidence to believe the downtrend is ready to end.


Cardano Price Prediction: ADA and the self-fulfilling $0.25 price level

Cardano price shows potential for a continuous free-fall. The technicals suggest a powerful move underway. The bulls may want to remain sidelined until market conditions turn favorable. Invalidation of the bearish thesis is a breach above $0.37.


USDC supply falls to a 10-month low while FDIC head suggests more restrictions on stablecoin issuance

Since no regulations for crypto and other digital assets have been set in stone, every now and then, severalgovernment agencies have taken initiative to offer their suggestions. The latest in this list is the Acting Chair of FDIC, Martin Gruenberg, who had pointers concerning stablecoin issuance.

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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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Top Altcoins Price Forecast: Ripple, Cardano and Solana extend post-midterms rally

Top altcoins, including Ripple (XRP), Cardano (ADA), and Solana (SOL) are trading in the green on Thursday, extending a steady recovery so far this week, driven by the post-US midterms relief.

Bitcoin claims $80,500 as short liquidations mount

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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.