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Cryptocurrencies Price Prediction: XRP, Cryptos & Shiba Inu – American Wrap 16 August

FXStreet Team FXStreet

XRP loses $0.57 support, while Ripple CLO indicates SEC is less likely to win appeal

Ripple (XRP) traders are still digesting the outcome of the Securities & Exchange Commission (SEC) lawsuit against Ripple. Chief Legal Officer Stuart Alderoty spoke to the team at CryptoLaw in a recent interview, which was published on X.

Crypto Today: Bitcoin could fight selling pressure if three conditions are met, Ethereum and XRP rise slightly

Financial firm Jane Street filed Q3 13-F filing with the Securities & Exchange Commission (SEC) shows that the giant increased its overall position in Spot Bitcoin Exchange Traded Funds (ETFs) from $613 million in Q1 to $710 million in Q2 2024.

Shiba Inu Layer 2 to power meme gaming and Play-to-Earn

Shiba Inu (SHIB) is in a state of decline, even as the meme coin unveils plans for its Layer 2 scaling solution Shibarium. Lucie, behind the X handle @LucieSHIB, shared details of how Shibarium’s scalability and low transaction costs can help power play-to-earn and meme games in the Shiba Inu ecosystem.

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Grass 20% bullish breakout defies broader market weakness

Grass (GRASS) is edging up above $0.30 at the time of writing on Monday. The token’s notable 20% intraday surge stands out amid heightened volatility in the broader crypto market.

XRP slides as US-Iran war weakens sentiment

Ripple remains under pressure, trading around $1.35 at the time of writing on Monday. The remittance token extended its down leg to $1.27 on Saturday after the US, in collaboration with Israel, launched attacks on Iran, killing the nation’s Supreme Leader, Ali Khamenei.

Crypto Today: Bitcoin pares losses, Ethereum and XRP drift lower as Middle East conflict pressures risk assets

Bitcoin, Ethereum and Ripple remain on edge as the Israel-US war on Iran risk-off sentiment. The Crypto King trades above $66,000 at the time of writing on Monday, but is struggling to break through the seller congestion around $67,000.

Bitcoin on brink of breakdown amid US-Iran war

Bitcoin (BTC) remains under pressure near the key support level of $65,700. Trading at $66,400 at the time of writing on Monday, a breakdown below this critical level would suggest a deeper correction ahead.

Bitcoin Price Annual Forecast: BTC holds long-term bullish structure heading into 2026

Bitcoin (BTC) is wrapping up 2025 as one of its most eventful years, defined by unprecedented institutional participation, major regulatory developments, and extreme price volatility.

Bitcoin: Another month of losses, and it’s been five

Bitcoin (BTC) price is stabilizing around $68,000 at the time of writing on Friday, but the Crypto King is poised to close February on a fragile footing, marking its fifth consecutive month of losses since October and a rare start to the year with back-to-back monthly corrections.