Crypto News Sentiment

Updated: 1 month and 6 days ago

Solana soars with Seeker phone pre-orders and Litecoin rallies amid treasury purchase and ETF hopes. However, Bitcoin faces recession risks, Dogecoin slides, and Coinbase confronts a stock drop after seeking bonds.
Positive news

Solana Mobile's Seeker Smartphone: Pre-Orders Surpass 150,000 in 57 Countries

Solana Mobile has launched Seeker, a blockchain-enabled Android smartphone with improved security and design features, priced between $450 and $500. Pre-orders have exceeded 150,000 units across 57 countries.

Swiss President's Tariff Offer to U.S.

Swiss President Karin Keller-Sutter visited the U.S. to propose an "attractive tariff offer" to counter Trump’s 39% tariff set to take effect on August 7.

Litecoin Treasury Purchase Spawns Rally

MEI Pharma’s first purchase of Litecoin sparked a rally for the cryptocurrency, highlighting its potential as a stable investment.

Bitcoin Warning Amidst Recession

A top trader warns that Bitcoin could crash by 80% if a recession hits, urging caution among investors.

Eutelsat Exceeds Revenue Projections

French satellite operator Eutelsat reported a modest revenue increase, exceeding forecasts due to strong demand from governments and corporate clients.

XRP Price Could Surge 70%

XRP is forming a bullish falling wedge pattern, potentially leading to a 70% price rally, according to market analysts.

Litecoin Surges 40% in a Month

Litecoin has risen by 40% over a month, driven by a $100 million treasury purchase by MEI Pharma and rising ETF approval odds.

Dogecoin Builds Momentum

Dogecoin, a popular meme coin, is experiencing renewed strength and buzz, potentially reaching a 4400% gain.

Bit Mining Invests in Solana

Bit Mining has purchased over 27,000 SOL tokens and launched its first Solana network validator, signaling a deeper commitment to the Solana ecosystem.

XRP's Bullish Momentum Continues

XRP holds key support levels and is expected to rally further, with analysts predicting a possible $4.80 price target.

Coinbase Expands Altcoin Listings

Coinbase is listing three new altcoins, expanding its offerings amid a planned Bitcoin price drop.

XRP Joins Global Billion-Dollar Elite

XRP's price surge and Ripple's valuation indicate the asset has joined the global billion-dollar elite, climbing to the 23rd most valuable private company.

Cardano Midnight Airdrop Launches

Cardano has initiated a midnight airdrop for

Negative news

Dogecoin Price Slides

Dogecoin's price has declined following a significant July rally, currently trading around $0.2043. Veteran trader Matthew Dixon warns of further corrections and advises traders to monitor key support and resistance levels.

AAVE Token Signals Confusion

AAVE token has received mixed signals over the past 24 hours. While a technical indicator suggests buying, the daily price chart indicates potential weakness, placing AAVE at a critical juncture.

Dollar Decline and China’s Response

China has shown no ambiguity regarding its stance on the US dollar, indicating strategic actions if the dollar's value were to fall significantly.

Coinbase Seeks $2B via Bonds

Coinbase is raising $2 billion through the bond market following a dip in Q2 revenue, leading to a 15% drop in its stock price.

Galaxy Digital Loses Value

Galaxy Digital saw an 8% decline post-earnings, with investors taking profits after a substantial rise in the firm's performance.

Bitcoin Price Analysis

Bitcoin remains below $115,000 due to macroeconomic concerns dampening investor sentiment. The cryptocurrency has struggled to gain momentum, with prices fluctuating between $113,786 and $114,855.

US Unwilling to Accept Dollar Decline

The US is reportedly struggling to accept the reality of the dollar's declining value, according to Russian Foreign Ministry spokesperson Maria Zakharova.

Altcoins Decline as Bitcoin Falls

Altcoins have declined alongside Bitcoin, which fell below local support levels, reflecting cautious market sentiment and elevated leverage.

Trump Threatens EU with Tariffs

President Trump threatens a 35% tariff on the EU unless it meets a $600 billion infrastructure investment pledge as part of a broader trade agreement.

Coinbase’s Layer-2 Network Experiences Outage

Coinbase’s Ethereum layer-2 network, Base, faced its first major outage since launch, lasting 29 minutes due to a technical fault.

Cardano Drops Amid Airdrop Launch

Cardano’s price dropped 4% following the launch of the NIGHT airdrop and issues with ledger support.

Litecoin Surges Amid ETF Speculation

Litecoin has breached $120, driven by ETF speculation, DeFi expansion, and a corporate allocation, with daily trading volume reaching $1 billion.

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