Crypto News Sentiment
Updated: 2 months and 2 days ago
Ethereum eyes $3K as institutions buy in, and Shiba Inu might boom. But, watch out! Trump's copper tariffs soar, CLARITY bill concerns arise, and a trader's portfolio plummets 65%.
Positive news
- Ethereum Projections: AMBCrypto reports that Ethereum's projections have shifted bullish, questioning if a $3,000 price target in Q3 is possible.
- Pump.fun Token Sale: Cryptonews announces that Pump.fun, a Solana-based memecoin launchpad, will launch its token sale on July 12, aiming to raise up to $600 million.
- Real-World Asset Focus: Bitcoin Sistemi highlights the 10 real-world asset altcoins that developers are focusing on the most.
- FED Meeting Minutes: Bitcoin Sistemi shares the details of the Federal Reserve’s June meeting minutes.
- Nvidia AI Chip: Watcher.Guru reports that Nvidia plans to launch a new AI chip specifically for China, adhering to US export rules.
- MaintainX Valuation: Crunchbase reports that MaintainX, an equipment maintenance startup, has doubled its valuation to $2.5 billion after a $150 million Series D round.
- DeFi Surge: Bitzo discusses the recent surge in DeFi leaders, highlighting AAVE’s 3-week high and HBAR’s increase due to Grayscale fund inclusion.
- Meta AI Glasses: Bitcoin News reports that Meta has acquired a $3.5 billion stake in Essilor Luxottica to expand into AI glasses.
- Circle and OKX USDC Conversion: BTC-Pulse reports that OKX and Circle are offering zero-fee USDC to USD conversions.
- Shiba Inu Prediction: Crypto Daily predicts that Shiba Inu is on track to become a top 10 crypto and could be the next big success story, despite competition from other memecoins.
- Ethereum Institutional Buying: Cryptonews reports that institutions have been consistently buying Ethereum for 8 weeks, raising questions about a potential bull run.
- Altcoin Season: ZyCrypto predicts a powerful altcoin season in Q3 2025, driven by key players’ belief that altcoins can outperform Bitcoin.
- Greece Crypto Seizure: Cryptonews reports that Greece froze cryptocurrency assets linked to the $1.5 billion Bybit hack.
- Sei Network TVL: NewsBTC reports that Sei Network’s TVL has surged past $626 million, unlocking the Japanese market for US traders. 15
Negative news
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Trump Tariffs and Copper Prices:
- President Trump imposed a 50% tariff on all copper imports.
- This led to a significant price increase in American copper, with a 13% jump in prices, reaching $5.69 per pound—the highest one-day increase recorded.
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CLARITY Bill Concerns:
- Senator Elizabeth Warren warns that the CLARITY bill might create loopholes allowing major corporations like Meta and Tesla to bypass Securities and Exchange Commission (SEC) rules.
- The House is set to vote on the CLARITY bill, which has raised concerns about potential regulatory gaps.
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Crypto Trader Portfolio Performance:
- Top crypto trader Michaël van de Poppe disclosed a 65% decrease in his portfolio value.
- Details of his current holdings were shared in a recent social media post.
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Unverified Reports on U.S. Tariffs on Brazil:
- Unconfirmed reports suggest potential U.S. tariffs on Brazil could impact the crypto market.
- Further details can be found at CoinCu.
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New U.S. Tariffs on 14 Countries:
- New tariffs effective from August 1st will target 14 countries.
- More information on the potential global trade impacts is available at CoinCu.
