Cryptocurrencies Price Prediction: Ethereum, Ripple & Chainlink — Asian Wrap 19 June
|Ethereum foray into NFT inscriptions could drive ETH transactions fees higher
Ethereum (ETH) has joined Bitcoin (BTC) with an NFT inscription project. The news follows an announcement by Capsule 21 co-founder Middlemarch, who christened the innovation ‘Ethscriptions,’ saying it will allow users to create and share digital works via Ethereum transaction calldata.
Ripple price targets $0.501 as Binance deal with SEC delivers much-needed support
Ripple (XRP) price is back in the green during the weekend, as crypto proponents recognize Binance exchange's latest win against the US Securities and Exchange Commission (SEC). With the financial regulator boding as a common enemy, a win for one is a win for all, which explains XRP's uptick over the last 24 hours. This optimism is reinforced by ongoing talks of an imminent ruling in the Ripple vs. SEC case.
LINK whales activity jumps by 1000% as selling plagues network after Chainlink price hit two-year lows
Chainlink price, despite noting a slow recovery, seems to have triggered the investors negatively as selling dominated the market towards the end of the week. Not so interestingly, whales took the lead when it came to shedding their supply, even as the price action remained largely unchanged.
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