Crypto News Sentiment
Updated: 1 month and 21 days ago
Ethereum Prepares for Its Next Major Upgrade
Ethereum is set to undergo a significant upgrade aimed at enhancing scalability and efficiency, following the recent Pectra hard fork. This upgrade is expected to continue the positive momentum in the network’s performance.
Nasdaq, S&P 500 Hit Record Highs; Block Joins S&P 500
Nasdaq and the S&P 500 indices reached record highs, with Block (formerly Square) joining the S&P 500. This move reflects growing confidence in the technology sector.
NFT Revival to Send Ethereum Price Above All-Time High of $4,900
Yat Siu, co-founder of Animoca Brands, predicts that a resurgence in the NFT sector could drive Ethereum’s price to new all-time highs, potentially surpassing its previous peak during the 2021 bull run.
XRP Hits All-Time High as Market Cap Surges Past $100B
XRP's market capitalization surpassed $100 billion, driven by significant on-chain activity. The surge in open interest and leverage levels indicates heightened market interest and volatility.
Binance’s CZ Proposes Innovative Use of Meme Coins
Binance CEO Changpeng Zhao (CZ) has proposed using meme coins to punish mainstream media outlets that engage in negative publicity about him.
Solana Treasury Records 999,999 SOL as Market Cap Surges
Solana's treasury has recorded 999,999 SOL, marking a significant milestone as the project's market cap surges past $100 billion, reflecting strong investor sentiment and on-chain activity.
Cardano Eyes Breakout Amid Market Rotation
Cardano is showing signs of potential breakout as market rotation quietly begins. Analysts are closely watching Bitcoin dominance metrics for confirmation.
Polymarket Returns via QCX Acquisition
Polymarket, a crypto prediction platform previously banned from the U.S., is returning through the acquisition of QCX, a derivatives exchange approved by the CFTC.
KAS Coin Surges 10% in a Day
Kaspa, a cryptocurrency, experienced a powerful breakout, gaining nearly 10% in a single day, raising questions about its sustained strength.
Legendary Bitcoin Whale Makes Massive Profit
A 12-year-old Bitcoin whale has made a significant profit, cashing out big on the world's largest crypto exchange, with profits hitting $578 million.
China Reduces US Treasury Holdings, Buys Gold China has reduced its US Treasury holdings for the third consecutive month, opting to buy significant amounts of gold instead, according to the latest US Treasury data.
Bitcoin Price Stagnates Below $120,000 Bitcoin's price has consolidated and failed to reach $120,000, despite initial gains. It closed slightly below $117,000 after hitting an intraday high of $119,618.
NFT Market Grows Despite Skepticism The NFT market cap has increased by 16.9% in 24 hours, reaching $6.04 billion, indicating growing interest despite questions about its long-term sustainability.
Automakers Implicated in Zero-Mileage Scheme Chinese electric vehicle manufacturers Zeekr and Neta are under scrutiny for their involvement in a zero-mileage sales scheme, as regulators crack down on fraudulent practices.
Pi Coin Sees Major Drop Pi coin has lost 15% over the past 30 days, falling short of a bullish trend and prompting concerns about a potential full collapse.
Fashion Tech CEO Charged with Fraud A fashion tech CEO faces charges from the U.S. Department of Justice for allegedly defrauding investors of $300 million through false claims and fabricated documents.
Tesla Faces Legal Action Over Misleading Claims Tesla is set to face a legal challenge in Oakland over alleged misleading claims about its Autopilot and Full Self-Driving features, which could lead to suspension or revocation of its dealership license.
Ethereum Targets Key Supply Level Ethereum has rallied sharply, pushing prices above $3,700 and reducing the risk of shorts at $331 million. Traders are watching for further bullish movement or signs of exhaustion.
