Crypto News Sentiment

Updated: 1 month and 11 days ago

Cardano and Ethereum see positive movement, W Coin partners with financial giants and Bitcoin benefits from ETF inflows. However, rising inflation persists, Coinbase fights the FDIC, and China alleges backdoors in Nvidia chips.
Positive news

Cardano Founder on ADA Overtook Bitcoin Potential

Cardano's price has fluctuated but long-term holders remain optimistic. Despite dropping to $0.74 after interest rate announcements, ADA has recovered slightly and is now trading around $0.78. The founder believes ADA could surpass Bitcoin.

Ethereum Rebounds with Whale Buy-In

Ethereum prices are rising as a significant whale purchased $153M from Galaxy Digital. ETH is trading above $3,800, with traders expecting a decisive move if it breaks the $4,000 resistance level.

W Coin Partners with Major Financial Firms

W Coin has partnered with BlackRock and Ripple for blockchain advancements, signaling potential growth and stability. This strategic alliance could drive W Coin's value further.

Roblox Daily Users Reach 100 Million

Roblox's user base has grown significantly, surpassing 100 million average daily users. The company's stock price surged about 19% in pre-market trades, crediting popular games like "Grow a Garden" for the boost.

Best Bitcoin Sportsbooks for Baseball

Several Bitcoin sportsbooks offer fast payouts and no KYC requirements for betting on MLB games. These platforms provide anonymity and legal options for bettors interested in baseball.

Bitcoin Rises Amid ETF Inflows

Bitcoin's rise is attributed to ETF inflows, USDT liquidity, and macroeconomic shifts. The market is seeing positive trends driven by institutional investments.

USDC Integration on Hyperliquid

Circle is launching native USDC on Hyperliquid via CCTP v2, enhancing cross-chain transfers. Both entities are experiencing growth, with Hyperliquid's AUM reaching $5.5 billion.

2010 Bitcoin Block Rewards Move

Five ancient bitcoin block rewards from 2010, worth nearly $30 million, have been transferred after sitting dormant for over a decade. This event highlights the longevity and value of early Bitcoin holdings.

Shiba Inu Locks 14.7 Billion SHIB in Open Interest

Shiba Inu's open interest has reached 14.7 billion SHIB, indicating strong market interest and potential for a major breakout.

$MBG Token Listed on LBank

$MBG, the utility token of MultiBank Group, is now live on LBank. This listing aims to attract more users to the financial conglomerate's ecosystem.

Microsoft and Meta Earnings Boost Market

Microsoft and Meta's earnings have bolstered market optimism

Negative news

Economic Data Update The Commerce Department reported that PCE inflation rose 0.3% in June, surpassing expectations, with the annual rate reaching 2.6%. This data supports Jerome Powell's stance on maintaining current monetary policy.

Legal Dispute Continues Coinbase is continuing its Freedom of Information Act (FOIA) lawsuit against the US Federal Deposit Insurance Corporation, showing no signs of backing down.

SEC Launches Project Crypto The Securities and Exchange Commission (SEC) has initiated Project Crypto, aimed at modernizing securities regulations and leveraging blockchain technology.

China Alleges Backdoor in AI Chips China claims that Nvidia’s H20 AI chips have hidden backdoors, raising concerns about potential remote control and heightening tensions over US export policies and China’s chip independence efforts.

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