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Cryptocurrencies Price Prediction: Solana, Ethereum and dYdX – European Wrap 10 November

Three altcoins to stay away from after FTX implosion: Solana (SOL), Lido DAO (LDO) and Render (RNDR)

Solana price, along with fellow tokens Lido and Render, has felt the brunt of the FTX exchange's collapse. In the last few days, the trajectory of all three has shifted from slightly bullish to extremely bearish, resulting in declines of almost 60%.

Could Ethereum beat the bear market as supply falls post Merge?

Ethereum (ETH) is seeing a fall in supply as a result of the Merge which supporters argue make it a sound investment and could help it weather the crypto winter currently devastating the DeFi market. 

ETHUSD price chart

These three altcoins are ripe for a short-term rally after FTX collapse

The aftermath of FTX’s collapse is something that the crypto industry is still dealing with, but a few altcoins seem to be making noise. These altcoins are showing strength amid a sea of red, suggesting a shift in investor sentiment and capital rotation.

dYdXUSDT 1-day chart

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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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XRP and XLM outlook: Mild recovery attempts emerge amid mixed market signals

Ripple and Stellar show mild signs of recovery on Thursday after extending losses earlier this week. XRP is holding above the $1.10 level as bearish momentum begins to fade, while XLM has bounced modestly from a key support zone.

Crypto Overview: Bitcoin consolidates above $60,000  – CRV, WLFI, XMR lead gains

The broader cryptocurrency market maintains risk-off sentiment as Bitcoin lingers above $62,000. The mild recovery in BTC fails to lift the Fear and Greed Index, which at 15 continues to signal extreme fear among investors. Still certain altcoins, Curve DAO, World Liberty Financial, and Monero, have emerged as top performers over the last 24 hours.

Bitcoin faces further downside risk amid growing short-term holder losses, weak ETF demand

Bitcoin's recent decline toward the $60,000 level has pushed the market further into bearish territory, with new investors suffering huge unrealized losses, according to a Glassnode report on Wednesday. The firm noted that Bitcoin's earlier May rally now appears increasingly as a "bear bounce".

CFTC proposes framework to review terrorism, war, assassination-related contracts on prediction markets
The Commodity Futures Trading Commission (CFTC) on Wednesday proposed amendments to Regulation 40.11, seeking to establish a formal framework for reviewing prediction market contracts. The proposed framework targets contracts linked to terrorism, assassination, war, gaming, or conduct that is unlawful under federal or state law.
Bitcoin: After the bloodbath, everyone looks at $60,000
Bitcoin (BTC) hovers above $62,000 at the time of writing on Friday, weighed down by growing risk-off sentiment due to persistent geopolitical tensions in the Middle East and sticky macroeconomic uncertainty. The institutional sell-off continued to wreak havoc on capital flows, with spot Bitcoin Exchange-Traded Funds (ETFs) recording billions in outflows.