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Cryptocurrencies Price Prediction: Solana, Yearn Finance & Shiba Inu — Asian Wrap 24 January

Cryptocurrencies Price Prediction: Solana, Yearn Finance & Shiba Inu — Asian Wrap 24 January
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Solana price prediction: This is why a 26% decline may not be on the cards for SOL

Solana price rally took a break over the last few days as the Ethereum killer managed to cater to every bull in the last three weeks. Going forward, traders looking to long the altcoin are expecting another similar rally that would push the cryptocurrency to recover the losses it accumulated following the November 2022 crash.

Yearn Finance price rallies by 8% as MakerDAO prepares to deploy $100 million on the Dapp to earn yield

MakerDAO has been attempting to generate yield for the last couple of months now, and the collapse of FTX ended up being the perfect motivator to focus on the same. Also justifying transparency in doing so, Maker proposed the Maker Improvement Proposal (MIP) 92.


Shiba Inu Price Prediction: Time to look for a pullback?

Shiba Inu price is cooling down after an impressive first leg up to start the new year. The technicals now suggest a pullback is on the horizon. Thus, traders should apply caution while trading the notorious meme coin. Shiba Inu price has created a new narrative for itself as the digital dog coin has risen by 60% since January 1.

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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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Binance revokes SignalPlus API keys over potential security threat

Binance revokes SignalPlus API keys over potential security threat

Binance, the largest cryptocurrency exchange, announced on Thursday that it revoked the Application Programming Interface (API) keys linked to SignalPlus, a third-party institution-grade technology firm.

XRP gains ground as Ripple CEO says US crypto users aren’t going anywhere after midterms, calls for clear rules

XRP gains ground as Ripple CEO says US crypto users aren’t going anywhere after midterms, calls for clear rules

Ripple (XRP) ticks higher on Thursday, trading near $1.32. The remittance token is up roughly 10% from last week’s trough at $1.20, suggesting that the path of least resistance is gradually flipping upward.

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

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

Bitcoin claims $80,500 as short liquidations mount

Bitcoin (BTC) extends its rebound, climbing above $80,500 on Thursday after closing above the key Exponential Moving Averages (EMAs) the previous day. The rebound comes as a short squeeze triggers nearly $800 million in liquidations over the past 24 hours.

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.