Cryptocurrencies Price Prediction: Tezos, Cryptos & Binance — American Wrap 31 March
Tezos price primed for 15% to 25% gain as Mumbai upgrade elevates its transaction processing time
Tezos (XTZ) price is taunting the odds as it unleashed its thirteenth core protocol upgrade this week. The upgrade, dubbed Mumbai, should lift the processing speed to 1 million transactions per second. It should also make it more secure, flexible and developer-friendly, elements that traders will applaud by buying a stake in the altcoin that could spiral up to $1.40.
US financial regulators toughened their stance on cryptocurrency exchanges and assets. Despite the regulatory crackdown, Layer 2 coins, Zero Knowledge (zk) coins witnessed price rallies.
Binance Coin (BNB) price is at risk of dropping sharply yet again as some more details came out on the back of the Commodity Futures Trading Commission (CFTC) lawsuit against Binance. Evidence is very clear that there was an intentional strategy to evade US law, CFTC Chair Rostin Benham said on Bloomberg Television. This opens up a very large exposure for Binance to large fines, sanctions and possibly even a ban.
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