Crypto News Sentiment

Updated: 1 month and 1 day ago

Ethereum's market cap soared past Mastercard's, fueled by corporate buying and rate-cut hopes, while MultiBank Group sees record revenue. However, an economist warns Bitcoin's fate is tied to the Nasdaq, and an Ethereum developer faces detention in Turkey.
Positive news

Ethereum Surpasses $4.3K, Flips Mastercard’s Market Cap

Ethereum has surpassed the $4.3K mark, now holding a market cap above Mastercard's, making it the 22nd largest asset by market cap.

Ethereum Stages Sharp Rebound After BlackRock Outflows, Fueled by Corporate Buying and Bullish Rate-Cut Bets

Ethereum rebounded sharply following outflows from BlackRock, supported by corporate buying and optimism around potential rate cuts.

XRP Price Could Outshine Nvidia’s 11,000% Rally, Expert Targets $60

XRP may see significant price gains, according to Jake Claver, who predicts the cryptocurrency could reach $60, outperforming Nvidia's impressive rally.

As Bitcoin Eyes New ATH, Ethereum Makes a Major Attack!

Bitcoin is approaching new all-time highs, while Ethereum and other altcoins like ZKJ and ZORA are experiencing notable price increases.

MultiBank Group Delivers Record H1 Results with $209M Revenue and MBG Token Driving 7X Returns Since Launch

MultiBank Group reports record revenue for the first half of the year and highlights the success of its MBG token, which has generated 7X returns since launch.

Negative news

Economist Warns Bitcoin Is Tied to Nasdaq’s Fate

Economist Henrik Zeberg has labeled Bitcoin as a "highly risk-prone asset" and linked its performance to the Nasdaq. He predicts a potential significant decline in Bitcoin's value if the Nasdaq experiences a downturn.

Nvidia, AMD Face 15% Revenue Cut on China AI Chip Sales

Both Nvidia and AMD must now surrender 15% of their revenue from AI chip sales to China, following new US regulations aimed at curbing their influence in the Chinese market.

Ethereum Developer Detained in Turkey Over Blockchain Misuse Allegations

An Ethereum developer, known as "Fede’s Intern," has been detained in Turkey on allegations of blockchain misuse. The developer denies the claims, and the community is calling for fair treatment.

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