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Cryptocurrencies Price Prediction: Uniswap, Bitcoin and Coinbase – European Wrap 9 February

Cryptocurrencies Price Prediction: Uniswap, Bitcoin and Coinbase – European Wrap 9 February
FXStreet TeamFXStreet TeamFXStreet

Uniswap Price Prediction: UNI gathers dark clouds, foreshadows a crash to $6

Uniswap (UNI) price is seeing another tailwind being added to the large backpack it is carrying. At the time of writing this article, President Volodymyr Zelenskyy is set to take the stage in Brussels with a plea for fighter jets. With his demand not being rejected in the UK on Wednesday, a risk is present that the EU might give the green light and alternatively trigger a green light from Moscow to use nuclear weaponry. 
UNI/USD daily chart

Is Bitcoin price out of the woods? Derivatives traders bet on massive rally in BTC

Bitcoin future curve data from leading exchanges like Binance, Bybit, Deribit, Kraken and OKX suggests that futures traders are betting on the rise in Bitcoin’s price by June 2023. Traders in the physically settled Bitcoin futures market have displayed a bullish bias on BTC prices. 

Bitcoin Futures Term Structure till June 30, 2023

Coinbase CEO warns the SEC may consider Ethereum a security

Coinbase CEO Brian Armstrong told his 1.1 million followers that they’re hearing rumors that US financial regulator, the Securities and Exchange Commission (SEC), may consider Ethereum a security. After Ethereum’s recent conversion from Proof-of-Work to Proof-of-Stake, the SEC is likely to consider the digital asset a security.

LDO token price chart

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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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XRP retreats as ETF interest cools

XRP retreats as ETF interest cools

Ripple (XRP) slides toward the short-term $1.10 support on Friday, as broader crypto market sentiment weighs on crypto assets. The sell-off mainly stems from fears of inflation in the United States (US) amid the ongoing war in the Middle East and rising Oil prices.
Crypto Today: Bitcoin, Ethereum, XRP pare losses as breakout potential builds

Crypto Today: Bitcoin, Ethereum, XRP pare losses as breakout potential builds

Bitcoin (BTC) is edging higher on Friday, albeit gradually, after reclaiming support above $65,000. Meanwhile, Ethereum (ETH) shows signs of stability near the immediate $1,900 hurdle, backed by mild capital inflows. Ripple (XRP), on the other hand, holds above the pivotal $1.10, with its upside structurally constrained below $1.15.
Bitcoin Weekly Forecast: BTC holds firm, but the $100 Oil threat could change the game

Bitcoin Weekly Forecast: BTC holds firm, but the $100 Oil threat could change the game

Bitcoin (BTC) is modestly recovering, trading at $65,400 on Friday and holding firmly above the key support zone. US-listed spot Bitcoin Exchange Traded Funds (ETFs) supported BTC’s modest recovery as they continued to attract institutional inflows through Thursday, pointing to the third consecutive week of inflows.
Crypto shrugs off a stronger Dollar

Crypto shrugs off a stronger Dollar

Cryptocurrencies have been affected by jitters in traditional financial markets, losing 0.8% of their market capitalisation over the past 24 hours to $2.23T, dipping to a low of $2.21T at the start of active trading in Asia.
Bitcoin: BTC holds firm, but the $100 Oil threat could change the game

Bitcoin: BTC holds firm, but the $100 Oil threat could change the game

Bitcoin (BTC) is modestly recovering, trading at $65,400 on Friday and holding firmly above the key support zone. US-listed spot Bitcoin Exchange Traded Funds (ETFs) supported BTC’s modest recovery as they continued to attract institutional inflows through Thursday, pointing to the third consecutive week of inflows.