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Cryptocurrencies Price Prediction: Starknet, Dogecoin & Ethereum — Asian Wrap 07 October

Starknet Price Forecast: STRK rallies as Bitcoin staked, Open Interest hits record high

Starknet (STRK) trades above $0.1800 at press time on Tuesday, sustaining the 20% gains from Monday. A rise in Bitcoin (BTC) staked on Starknet after the announcement of BTCFi Season on September 30 signals network growth. Both the technical outlook and derivatives data signal a buy-side dominance, indicating improving investor sentiment. Read more...

Dogecoin Price Forecast: DOGE bulls aiming for $0.30 mark

Dogecoin (DOGE) trades in green on Tuesday after rallying more than 5% the previous day. On-chain metrics indicate a growing accumulation by holders, while the technical outlook suggests further gains, with the $0.30 mark emerging as the next key target.

Ethereum Price Forecast: ETH climbs above $4,700 as BitMine's stash surpasses 2.83 million ETH

Ethereum (ETH) rises above $4,700 on Monday, up 4.5% over the past 24 hours, following BitMine's latest update that it bought 179,251 ETH last week. Ethereum treasury firm BitMine Immersion Technologies (BMNR) purchased 179,251 ETH last week, continuing its weekly accumulation of the top altcoin, according to a statement on Monday. The latest acquisition has pushed the company's stash to 2.83 million ETH, which is about 2.34% of the top altcoin's circulating supply, per Ultrasound.money data. BitMine is on track to achieve 50% of its plan to acquire 5% of ETH's circulation, a vision its Chairman, Thomas Lee, dubbed the 'alchemy of 5%.'

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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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Kraken’s parent plans regulated US perpetual futures on Hyperliquid

Hyperliquid has named Payward, the parent company of crypto exchange Kraken, as its intended first Commodity Futures Trading Commission-regulated deployer on HIP-3 markets. In an X post on Monday, Hyperliquid stated that Payward plans to use its infrastructure to deploy perpetual futures markets for US customers. The proposed arrangement remains subject to regulatory approval.

Pi Network Price Forecast: PI stalls as weak crypto sentiment caps recovery

Pi Network holds steady above $0.0760 stalling after a roughly 2% rebound the previous day. The broader market's weak sentiment and reduced trading volume weigh on the PI token. The technical outlook is bearish, with price capped below a long-term resistance trendline and weak momentum.

Ripple and Stellar outlook: XRP and XLM remain under pressure as bearish momentum persists

Ripple and Stellar continue to remain under pressure, trading below $1.30 and $0.169 respectively, after a mild recovery the previous day. Both XRP and XLM remain below their key Exponential Moving Averages, indicating bearish price action. Moreover, mixed derivatives metrics and cautious on-chain data are capping sustained recovery in XRP and XLM.

Ripple secures OCC approval for National Trust Bank
Brad Garlinghouse, CEO of Ripple, announced in an X post on Monday that the Office of the Comptroller of the Currency (OCC) has granted final approval to charter Ripple National Trust Bank (RNTB). The federally supervised national bank demonstrates Ripple's progress toward building digital asset infrastructure within a regulated financial system.
Bitcoin extends pullback as ETF inflows clash with risk-off sentiment

Bitcoin remains under pressure, trading around $81,800 on Friday, recording modest losses so far this week. Despite a mild pullback, institutional demand showed signs of a comeback with spot Exchange Traded Funds recording $442.67 million in net inflows through Thursday.