Cryptocurrencies Price Prediction: Ondo, XRP & Bitcoin – European Wrap 28 March


Ondo moves $95 million worth of OUSG assets to BUIDL as tokenized fund attracts $245 million since debut

Ondo Finance (ONDO) announced on Wednesday that it's shifting about $95 million worth of its OUSG's underlying assets to the BlackRock USD Institutional Digital Liquidity Fund (BUIDL). With more crypto players shifting their assets to BUIDL, the real-world assets token category is heating up and may likely post gains in the coming days.

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XRP price stuck below $0.65 resistance, Ripple lawsuit could suffer from Coinbase defeat

XRP price falls slightly to $0.61 on Thursday after its landmark programmatic sales ruling in July, which gave  Ripple a partial victory against the US Securities and Exchange Commission (SEC), failed to reverberate in a similar legal battle between the regulator and crypto exchange Coinbase. A US court ruled on Wednesday that the SEC’s allegations that the exchange is operating as an unregistered broker are reasonable, rejecting Coinbase’s motion to dismiss the case.

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Bitcoin doesn’t fit the downtrend now

The crypto market capitalisation rose 1.4% in 24 hours to $2.66 trillion. Buyers stepped in the night before when Bitcoin touched $68.5K and pushed the price up to $70.7K at the start of active trading in Europe.

Bitcoin was rocked on Wednesday, first pushing the price above $71.8K and then dropping to $68.5K. This plunge initially confirmed the short-term downtrend, only to be broken a few hours later with the re-take of previous local highs.


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