|

Cryptocurrencies Price Prediction: Shiba Inu, Bitcoin & Polygon — Asian Wrap 21 June

Shiba Inu price rises but one million SHIB addresses are still underwater

Shiba Inu price had a relatively good week, with the meme coin joining the category of a few altcoins in the market. The result was expected to bring profits for SHIB holders, but a week later still, the situation remains unchanged.

Grayscale Bitcoin Trust discount shrinks by 12% as stock market falls and BTC accumulation increases

Up until last week, pining for a Bitcoin price recovery seemed like a very difficult position. However, the biggest cryptocurrency in the world has outperformed these assumptions at the time of writing. As much as the reason behind this is important, the impact of the rise is also important and visible on GBTC. 

Polygon to bring ZK technology to its PoS main chain, but there's a catch

Polygon (MATIC) is considering plans to introduce zero Knowledge (ZK) technology to its Proof-of-Stake main chain, an upgrade that would bring more value additions to the network while preserving its compatibility with the Ethereum Virtual Machine (EVM).

Author

More from FXStreet Team
Share:

Markets move fast. We move first.

Orange Juice Newsletter brings you expert driven insights - not headlines. Every day on your inbox.

By subscribing you agree to our Terms and conditions.

Editor's Picks

Dogecoin Price Forecast: DOGE breaks key support amid declining investor confidence

Dogecoin (DOGE) trades in the red on Thursday, following a 4% decline on the previous day. The DOGE supply in profit declines as large wallet investors trim their portfolios. Derivatives data shows a surge in bearish positions amid declining retail interest.

Cardano Price Forecast: ADA dips below $0.37, hitting two-month low as bearish momentum builds

Cardano (ADA) price trades in the red, slipping below $0.37 on Thursday after correcting more than 7% so far this week. The ongoing pullback could deepen further as ADA’s social dominance declines and dormant wallet activity rises, suggesting bearish sentiment among traders.

Top Crypto Losers: Pump.fun, SPX6900, Bittensor slide further with double-digit losses

Pump.fun (PUMP), SPX6900 (SPX), and Bittensor (TAO) are leading the losses in the cryptocurrency market over the last 24 hours amid total liquidations of over $500 million. The retail segment alleges institutional manipulation amid an early-morning Bitcoin sell-off routine in the US market.

Bitcoin, Ethereum whipsaw sparks heavy liquidations amid accusations of market manipulation

The crypto market whipsawed on Wednesday as top cryptocurrencies, including Bitcoin (BTC) and Ethereum (ETH), quickly reversed gains from the early American session.

Orange Juice Newsletter – Smart insights by real people. Every day.

A free newsletter highlighting key market trends to help traders stay a step ahead. Daily insights on the most relevant trading topics, compiled by our experts in an easy-to-read format so you never miss an important move.

Bitcoin: Fed delivers, yet fails to impress BTC traders

Bitcoin (BTC) continues de trade within the recent consolidation phase, hovering around $92,000 at the time of writing on Friday, as investors digest the Federal Reserve’s (Fed) cautious December rate cut and its implications for risk assets.