Crypto News Sentiment
Updated: 1 month and 5 days ago
SEI Token Shows Bullish Signs Analyst Ali reports that the Supertrend indicator for SEI has turned bullish, flipping green at the bottom of its trading channel, suggesting a potential rise in token value.
Ethereum Reaches All-Time High in Open Interest Ethereum's open interest has reached an all-time high, despite a recent 4% decline. Traders are balancing optimism about long-term fundamentals with short-term risk management.
China Approves Its First Crypto Stablecoin China is set to launch its first stablecoin to internationalize the renminbi and compete with the US dollar, though concerns about capital flight are slowing progress.
USDC Dominates Growth in Crypto Salaries USDC leads the surge in crypto-based salaries, increasing from 3% to 9.6% in a year, according to a Pantera Capital survey.
Indonesia Considers Large Bitcoin Reserve Indonesia is considering locking away 200,000 BTC in a reserve, which could be an economic hedge but raises questions about readiness.
Galaxy Digital’s XRP Purchase Boosts Portfolio Galaxy Digital added XRP to its portfolio, significantly increasing its total value to $3.56 billion, marking a bold move in the XRP market.
Ethereum Price Shows Positive Momentum Ethereum has found support near $3,540 and is aiming to break through the $3,740 level, indicating a possible resumption of the uptrend.
Bullish IPO Set to Launch on NYSE Bullish, a cryptocurrency-focused company, plans to debut on the NYSE, raising up to $629 million.
JPMorgan Strengthens Blockchain Initiative JPMorgan appoints Kara Kennedy as global co-head of Kinexys, enhancing its blockchain efforts as regulatory clarity improves.
Solana Aims for Breakout Solana is showing signs of a potential move upwards, with gains consolidating around the $172 resistance level.
Ethereum's $10B OI Wipeout and ETF Exodus: What Happens to ETH?
Ethereum faces significant volatility after a $10 billion open interest (OI) wipeout and an exodus from ETFs. The question remains whether ETH can regain $3,900 without renewed ETF inflows.
Ripple’s National Trust Bank Bid Faces Fierce Pushback
Ripple’s plan to launch a national trust bank is encountering strong opposition from the banking community, who fear potential threats to regulatory safeguards and the stability of the financial system.
Trump Increases Tariffs on India Over Russian Oil Purchases
President Trump has imposed tariffs on India following its purchases of Russian oil, aiming to impact the Indian economy and force a shift away from Russian energy sources.
XRP Price Trapped Below Resistance – Bulls Running Out of Steam?
XRP’s price is consolidating near $2.980, facing resistance at $3.020. Analysts suggest a decline below $2.920 could signal further downward pressure on the asset.
Crypto News Today: Latest Updates for August 07, 2025 – BTC Enters ‘Trapdoor’ Territory
Bitcoin enters a volatile period as ETF outflows and weak trading volumes weigh on the market. Key cryptocurrencies like XRP, ETH, and BTC are experiencing mixed trends.
Mantle Eyes $1 After Explosive 40% Rally – But Can It Break Through?
Mantle has seen a dramatic 40% rally since August 2nd, reaching a six-month high of $0.95. However, the cryptocurrency faces challenges in breaking through the $1 mark.
XRP Struggles at $3: Will Whale Offloading Drag It Lower?
XRP’s price is under pressure at $3, with leveraged bulls scaling back their positions. Concerns about large-scale selling by whales could push the price lower.
CZ Fights Back: Refuses to Pay FTX’s $1.8B, Says U.S. Laws Don’t Apply
CZ, former Binance CEO, is challenging FTX’s $1.8 billion lawsuit in a Delaware bankruptcy court, arguing that American laws do not apply due to his offshore residence and transactions.
Unexpected Development in Binance Founder CZ’s Memecoin: Altcoin Price Takes a Sudden Dump!
Binance founder CZ’s memecoin, Test (TST), experienced a sharp decline, raising questions about the legitimacy
