Crypto News Sentiment

Updated: 14 days and 2 hours ago

The US Open embraces crypto predictions as investors eye Bitcoin's next moves. Yet, XRP plunges 7%, Korbit closes its Web3 wallet, and Australia's credit growth falters.
Positive news

US Open Prediction Market Deal The US Open has partnered with Kalshi, a prediction market platform, to integrate its services into the tennis tournament.

Economic Week Ahead Investors are closely watching upcoming major economic events to gauge potential movements in Bitcoin prices, particularly in response to anticipated Federal Reserve actions.

Negative news

XRP Price's Latest Dump May Be Hiding a Bigger Move! XRP's price dropped about 7% recently, currently trading around $1.36. Traders are uncertain if this decline indicates further issues or is just a temporary pullback. An analyst suggests it could be part of a larger bullish trend.

Korbit to Shut Down Web3 Wallet Service on Dec. 31 South Korean exchange Korbit will cease its Web3 wallet service on December 31. Users are advised to transfer their assets before the deadline to avoid permanent disablement of transfer capabilities.

Australia Private Sector Credit Growth Slips to 8.4% in July Private sector credit growth in Australia slowed to 8.4% year-over-year in July from 8.5% in June. This reflects the Reserve Bank of Australia's tightening monetary policy impacting borrowing activities.

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