Crypto News Sentiment

Updated: 9 days and 14 hours ago

Bybit boosts BTC staking yields 50% as Bitcoin rebounds post-jobs data. Yet, zero-knowledge apps went dark after an upgrade, and memecoin surges signal market instability.
Positive news

Bybit On-Chain Earn Boosts BTC Staking Yield Bybit On-Chain Earn has partnered with Function (FBTC) to enhance its BTC staking service, increasing the annualized return from 0.8% to 1.2%, marking a 50% rise in the guaranteed yield.

BTC Rebounds After Jobs Data Despite initial volatility, Bitcoin resumed buying activity after a 2-month pause. The strong US jobs report triggered fears of a Federal Reserve interest rate hike, causing Bitcoin to dip below $82,000.

Bitcoin Falls Below $80,000 Post-Jobs Data A robust US jobs report led to increased yields and a stronger dollar, prompting Bitcoin to fall below $80,000, despite initial declines not holding.

Strong Jobs Data Causes Bitcoin Selloff The release of strong US jobs data influenced the market, leading to a drop in Bitcoin prices below $80,000 due to concerns about potential Federal Reserve interest rate hikes.

Negative news

Zero-knowledge apps go dark after chain upgrade breaks their underlying verification keys

Transactions halted at 10:00 UTC, and developers need to replace verification keys to restore functionality.

USELESS Flips BONK Intraday as Solana Memecoin Rally Hands Trader $3.2M Profit

USELESS's market cap surpassed $200 million, gaining over 60%. Trader Unipcs profited $3.2 million from a 15.9 million-token position.

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