Crypto News Sentiment
Updated: 1 month and 25 days ago
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US House Advances Crypto Legislation: The US House of Representatives passed a motion to reconsider three major crypto bills, including the GENIUS and CLARITY acts, following a narrow vote. This move signals progress in crypto legislation.
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CEO of Cryptocurrency Analysis Company Predicts Uptrend: The CEO of Alphractal, Joao Wedson, claims an altcoin is experiencing an unstoppable uptrend, though no specific coin is named.
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SPX Hits New ATH: SPX (likely referring to a meme coin) has surged 23% to a new all-time high, but faces potential downward pressure based on certain technical levels.
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China Merchants Bank Secures Crypto License: CMB International Securities, a subsidiary of China Merchants Bank, has obtained a virtual asset license from Hong Kong’s Securities and Futures Commission, enabling it to offer crypto-related services.
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XRP Technical Analysis: An analyst predicts XRP could reach $4.80 if it closes above a specific level, based on a technical analysis pattern.
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Berachain Gains Momentum: Berachain has seen a 20% increase in value over 24 hours, and analysts are mapping out its future trajectory.
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Ethereum Breaks Out: Ethereum's price has exceeded $3,400 due to record ETF inflows, indicating strong institutional interest.
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Warren Warns Against CLARITY Bill: Senator Elizabeth Warren warns that the CLARITY bill could destabilize the U.S. economy.
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Solana and Ozak AI: Solana has gained 12% today, and Ozak AI, a presale project, is nearing Phase 4, with prices expected to rise.
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Renminbi Token Fund Launched: China has launched its first-ever renminbi token fund, marking a significant milestone in the country's crypto market.
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Lightchain AI Launch: Lightchain AI is set to launch in July, potentially competing with Avalanche's scalable network.
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Record ETF Inflows for Ethereum: US spot ETFs for Ethereum recorded their largest net capital inflow ever, driving the price above $3,400.
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Bitcoin Hits 8-Year Trendline: Bitcoin has touched an 8-year trendline marking previous cycle tops, potentially signaling a short-term correction or a bear market.
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**UK Crime Officer Sent
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Fed Chair Powell Dismissal Concerns: The potential dismissal of Federal Reserve Chair Jerome Powell is causing concerns regarding the U.S. dollar's stability. (Source: CoinCu News)
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CME's Actions Impacting Altcoins: The world's largest exchange, CME, has announced it will not work with certain altcoins, including Dogecoin and TRUMP, due to their association with memecoins. (Source: Bitcoin Sistemi)
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ETH Breaks $3,400: An Infini exploiter is selling tokens for significant profits as Ether (ETH) breaks the $3,400 mark, indicating potential profit-taking among traders. (Source: Coinspeaker)
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XRP Whale Activity: A large whale has sent $73 million worth of XRP to Coinbase, raising questions about whether this signals an impending sell-off. (Source: AMBCrypto)
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Shiba Inu's Potential Reversal: Shiba Inu (SHIB) is nearing a potential long-term reversal, with a breakout of its 200-day moving average (EMA) suggesting a possible end to its seven-month downtrend. (Source: U.Today)
