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Cryptocurrencies Price Prediction: Cryptos, Bitcoin & Ripple – American Wrap 15 November

EU’s strict screening measures signal a regulatory shift in crypto

The European Banking Authority (EBA) has released guidelines to enhance compliance for financial institutions, payment service providers (PSPs) and crypto asset service providers (CASPs) in the European Union (EU).
 
MicroStrategy's executive chairman, Michael Saylor, predicts Bitcoin will hit $100,000 by the end of 2024, calling the United States (US) election outcome the most significant event for Bitcoin in the last four years.
Ripple (XRP) extends its gain on Friday after rallying over 30% since Monday and reaching a new year-to-date high of $0.847. The main reasons for the rally are the listing of XRP on the US exchange Robinhood and speculation about the US Securities and Exchange Commission (SEC) Chair Gary Gensler’s resignation as Ripple is facing a long-standing legal battle with the regulator.
 

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