Crypto News Sentiment
Updated: 2 months ago
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Coinbase Adds Support for DeFi Tokens: Coinbase, the top US-based crypto exchange, has added support for Sky (formerly MakerDAO, symbol SKY) and its associated stablecoin USDS (USDS) to its digital asset product suite.
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Binance Lists Promptale AI Token: Binance, a major crypto exchange, has listed the Promptale AI token and announced an airdrop.
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Stellar XLM Price Surge: The price of Stellar (XLM) has surged by 25%, reaching $0.40 for the first time since Q1, driven by institutional adoption and upcoming network upgrades.
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Pengu Token Rally: Pengu token has rallied 70% over three days, reaching $0.023, due to Bitcoin's breakthrough above $118,000, sparking capital rotation into Solana memecoins.
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Bitcoin's New Highs: Bitcoin has hit new all-time highs, drawing investor attention. Robert Kiyosaki warned about potential market shifts in the "Banana Zone."
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NFT-Related Tokens Performance: NFT-related tokens performed strongly in Q2, gaining an average of 55.4% despite a decline in trading volumes. Pudgy Penguins' PENGU token led the gains.
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Ethereum Breaks Through 50EMA: Ethereum has broken through a crucial moving average (MA), indicating potential for new highs, according to crypto analyst Doctor Profit.
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Chainlink Leads RWA Projects: Chainlink topped the real-world asset (RWA) sector in terms of recent development activity, registering 351 notable GitHub events in the past 30 days.
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Nvidia CEO on AI's Impact: Nvidia CEO Jensen Huang cautioned that while AI could boost productivity, it risks job losses if innovation stagnates.
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Robinhood's Wild Ride: Robinhood's stock has surged by over 160% in 2025, driven by the crypto market rally and retail momentum, though concerns arise as Bloomberg reported potential issues.
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Injective's Breakout: INJ's breakout is being analyzed for potential targets above $14, supported by whale activity and rising funding.
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S&P 500 Catches Up: The S&P 500 is outperforming major global ETFs, reversing earlier underperformance in
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French Authorities Investigate X (Formerly Twitter)
- French prosecutors have initiated a criminal investigation into Elon Musk's X (formerly Twitter) due to allegations of algorithmic manipulation aimed at facilitating foreign interference.
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U.S. Senators Warn Nvidia CEO About China Visit
- Two U.S. senators, Elizabeth Warren and Jim Banks, have advised Nvidia’s CEO to avoid certain Chinese firms during his upcoming visit to China, citing concerns about potential violations of American export regulations and military support.
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U.S. Government Increases Debt Ceiling
- The U.S. government has raised its debt ceiling to an unprecedented level of $36.6 trillion following a significant spending package.
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FTX/Alameda Unstakes SOL
- FTX and Alameda have withdrawn $31 million worth of SOL amid market concerns, according to CoinCu News.
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Banks Refuse Reimbursement for Account Drainings
- Customers from JPMorgan Chase, Bank of America, and Wells Fargo report that these banks have declined to refund funds stolen from their accounts by fraudulent activities.
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Crypto Fear and Greed Index Hits Extreme Greed
- The Crypto Fear and Greed Index has reached "Extreme Greed" status at 79, indicating high investor optimism and risk-taking behavior in the cryptocurrency market.
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Unverified Allegations of Whale Short Selling on Hyperliquid
- An alleged $20.5 million short position on Hyperliquid lacks verification, as detailed by CoinCu News.
