Crypto News Sentiment

Updated: 1 month and 14 days ago

Crypto sees AVAX and INJ soaring, Ethereum ETFs flowing, and CryptoPunks trading volume surging. However, Dalio slams Bitcoin, Truth Social ETF faces SEC delay, and stablecoins get ECB warning, and Shiba Inu risks liquidation.
Positive news

AVAX Jumps 40% in TVL

AVAX experiences significant inflows into decentralized finance and achieves a technical breakout, though weak user growth could limit further gains.

Injective Hits Five-Month High

Injective (INJ) reaches a new five-month high after successfully retesting a key resistance level, prompting optimism among some analysts for further price increases.

Ethereum ETFs See Record Inflows

Ethereum ETFs experience record inflows following potential SEC approval, indicating strong investor interest in these products.

Ray Dalio Criticizes Bitcoin and Gold

Billionaire investor Ray Dalio issues a critical alert on both Bitcoin and gold, citing excessive US government spending as a concern.

Truth Social Bitcoin ETF Faces SEC Delay

The SEC delays the decision on the Truth Social Bitcoin ETF until September 18, causing a setback for this proposed investment product.

CryptoPunks Surge in Weekly Trading

CryptoPunks NFTs witness a significant surge in trading activity, reaching $24.6 million in weekly volume, with daily sales peaking at $8.9 million.

Bitmain Considers US Mining Facility

Bitmain, a major Bitcoin mining company, evaluates establishing its first US mining facility in either Texas or Florida.

First Regulated Crypto Derivatives Available in UAE

Retail traders in the UAE now have access to regulated crypto derivatives under Dubai’s Virtual Assets Regulatory Authority (VARA).

Funtasy Powers Aptos’ Growth

Funtasy launches viral token initiatives and InfoFi projects, driving Aptos towards its next phase of growth.

Binance Drives TRON USDT Volume

Binance handles over $3 billion in daily TRON USDT transactions, suggesting a dominant role in TRON’s ecosystem.

PancakeSwap Breaks Resistance

PancakeSwap overcomes an eight-month resistance level, aiming for $4.25 but facing challenges due to large exchange withdrawals.

CryptoPunks Trading Volume Hits High

CryptoPunks NFTs see their trading volume reach a peak of $24.6 million, with a notable investment from GameSquare boosting institutional interest.

Coinbase Acquires CoinDCX?

Reports suggest that Coinbase is in talks to acquire CoinDCX, an Indian cryptocurrency exchange, following a major hack attack.

Pi Network Messages Face Criticism

Pi Network users receive important messages, which attract significant criticism from the community.

XRP Dominates South Korean Market

XRP captures a 16.04%

Negative news

Fartcoin Selloff: Major whales have sold off large amounts of Fartcoin ($FARTCOIN), contributing to its price drop.

Chainbase Price Surge: Chainbase (C) has experienced a significant price increase following its listing on Binance.

XRP Price Dip: Ripple's XRP has seen a notable decline ahead of the Federal Open Market Committee meeting.

ATM Scam Losses: The U.S. government lost $17 million in three days due to an ATM glitch related to a youth employment program.

ECB Warning on Stablecoins: An ECB advisor warns that stablecoins pose a risk to the European banking system by diverting deposits.

Ethereum ETFs Buying: Ethereum ETFs purchased significantly more ETH than issued on a slow trading day, indicating strong institutional demand.

Stellar Faces Downtrend: Stellar (XLM) broke below its 10-day simple moving average, raising concerns about a potential short-term decline.

Shiba Inu Near Liquidation: Shiba Inu is at risk of facing $52 million in liquidations due to short positions.

Liquidity Risks for Ethereum Treasuries: Bernstein highlights liquidity and smart contract risks associated with Ethereum treasuries.

SHIB Burn Mechanism: Shiba Inu executed a massive burn, torching over 600 million tokens, increasing the burn rate by nearly 17,000%.

Shiba Inu Price Adjustment: Shiba Inu may adjust its price to $0.000015 after encountering an entry denial at a crucial price level.

Hyperliquid Near All-Time High: Hyperliquid (HYPE) is close to breaking its all-time high and could potentially continue its upward trend.

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