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Cryptocurrencies Price Prediction: Solana, Loom & Bitcoin — Asian Wrap 13 October

Turn off Solana and win $400,000 - Solana Foundation executive announces offer

Solana has been touted as an Ethereum killer, but as with every blockchain in the crypto market, the network does not come without its fair share of issues. While many who get hacked or exploited deal with the issues after the fact, Solana intends to get a step ahead by making a very lucrative offer to white hat hackers.

SOL/USD 1-day chart

Loom Network price hits strong weekly resistance after 32% surge as LOOM ranks high on Korea’s Upbit

Loom Network token (LOOM) is highly bullish, passing as a rather lucrative investment for traders who use the scalp technique, buying and selling the asset within a short period to make small profits. With traders relying on LOOM’s price fluctuations for quick entry and exit trades, extra caution is required as signs point to manipulation.

Bitcoin likely to pull back after another failed breakout, CPI beats expectations at 3.7%

Bitcoin (BTC) price is likely to pull back, if history is enough to go by, leaving bear sellers to suffer after multiple failed breakouts.

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Bitcoin: Fed delivers, yet fails to impress BTC traders

Bitcoin (BTC) continues de trade within the recent consolidation phase, hovering around $92,000 at the time of writing on Friday, as investors digest the Federal Reserve’s (Fed) cautious December rate cut and its implications for risk assets.