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Cryptocurrencies Price Prediction: Tezos, Chainlink and Binance Coin – European Wrap 5 February

Tezos price rebounds from key support, aiming to retest all-time highs

Tezos has recovered consistently from Decembers’ dip that saw it revisit $1.6. The uptrend has been taking place within the confines of an ascending parallel channel. A massive breakout is anticipated in the near term, likely to boost XTZ to its all-time highs. Read more...

XTZ/USD price chart

LINK is on the verge of a 30% breakout

Chainlink price has seen a steady increase in its market value since late September 2020 and picked up the pace in early January 2021. With over 150% year-to-date returns, the decentralized oracle token seems primed for more upside momentum in the near future. Read more...

LINK/USDT 4-hour chart

Binance Coin Price Prediction: BNB at risk of rejection despite mounting sell signals

Binance coin is up by 60% since January 1, 2021, reaching a market capitalization of over $9 billion for the first time ever. The digital asset is on the verge of passing Litecoin and Chainlink. However, several indicators have turned bearish for the exchange token which seems poised for a correction. Read more...

bnb price

 

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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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Top 3 Price Prediction: BTC extends recovery, ETH eyes $2,500, XRP holds $1.30

Bitcoin, Ethereum, and Ripple extend their recovery, trading above $76,700, $2,400 and $1.300, respectively, on Friday. These top three cryptocurrencies now face key technical levels that could determine whether their recoveries extend further or pull back.

Crypto Overview: Bitcoin extends mild recovery – Near Protocol, Uniswap rally

Bitcoin hovers above $77,000 on Friday, holding steady with minor gains after Tuesday’s 3% decline. Bitcoin holds steady as the Bank of Japan raises interest rates from 1% to 1.25% on Friday. Near Protocol and Uniswap record double-digit gains over the last 24 hours, emerging as top performers.

S&P Global to acquire OpenZeppelin in on-chain security expansion

S&P Global has agreed to acquire blockchain security firm OpenZeppelin as the financial data and analytics company expands its on-chain risk assessment capabilities. The acquisition, announced Thursday, will bring OpenZeppelin’s smart contract security services, development tools and open-source libraries into S&P Global’s existing digital asset and risk assessment business.

CFTC advances targeted crypto regulatory relief as CLARITY Act stalls
The Commodity Futures Trading Commission (CFTC) is taking targeted steps to accommodate financial technology innovation as broader digital asset market-structure legislation remains stalled in Congress.
Bitcoin: BTC retreats as macro headwinds grow
Bitcoin (BTC) remains under pressure, down over 4% this week and trading around $76,900 at the time of writing on Friday. Institutional demand shows signs of weakness as spot BTC Exchange Traded Funds (ETFs) are on track to end their three-week inflow streak, recording nearly $500 million in net outflows through Thursday.