Crypto News Sentiment

Updated: 22 days and 15 hours ago

Crypto market mixed: Altcoins like Memecore and Chainlink surge, boosted by ecosystem growth and whale support. However, Ethereum ETFs face massive outflows and XRP sees a huge liquidation imbalance, dragging prices down.
Positive news

Memecore (M) Price Spikes

Memecore token climbed by over 21% to $0.4594, driven by increased trading volume and the MemeX Liquidity Festival. The event is expected to fuel further gains.

BNB Price Surges with TVL Growth

BNB's price is set for an upward trend as total value locked (TVL) reaches $13.4 billion and the number of active addresses exceeds 14 million.

StealthEX Makes LUKSO (LYX) More Accessible

LUKSO (LYX) is now easier to swap on StealthEX, enhancing accessibility for users in the new creative economy blockchain.

Base Network Outshines Tron with $6.6 Billion in Deposits

Base Network has outperformed Tron by locking in $6.6 billion in deposits, becoming the fifth-largest blockchain despite recent volatility.

Chainlink Gains Momentum with Ecosystem Growth

Chainlink's price surged past $26, supported by strong wallet activity and new institutional partnerships, with analysts predicting further gains.

Chainlink Hits 7-Month High with Whale Support

Chainlink's price reached a 7-month high due to whale accumulation and new partnerships, despite a brief downturn earlier in the month.

Ethereum Tests Critical Demand Levels

Ethereum is defending key demand levels after a pullback, with institutional whales accumulating large quantities of ETH to support prices.

Altcoin Season Builds as ETH, XRP, SOL, ADA Drive Rotation

Altcoin season is building as Ethereum, XRP, SOL, ADA, and SHIB drive a $7 trillion capital rotation, signaling a shift in market focus.

Pump.fun Revenue Surges 700% in Record Week

Pump.fun, Solana's leading meme coin launchpad, generated $13.48 million in revenue, marking its best week since February.

ARK Invest Buys Bullish and Robinhood Shares

ARK Invest purchased shares in Bullish Holdings and Robinhood Markets during a market dip, extending its buying streak in these stocks.

BitMEX Founder Arthur Hayes Buys BIO Tokens

On-chain data shows BitMEX founder Arthur Hayes purchasing 7.66 million BIO tokens, potentially signaling a bullish stance on the altcoin.

Solana Price Prediction

Solana's price is predicted to reach $200, as the coin tests key resistance levels and maintains strong demand.

WhiteBIT Coin Celebrates

Negative news

MemeCore's Rally Faces Bearish Funding Rates MemeCore's recent 12% rally is under threat from bearish Funding Rates, raising doubts about whether bulls can sustain the gains.

Ethereum ETFs See Largest Outflow Since February Ethereum ETFs witnessed a massive $430 million outflow, marking the second-largest ever, amid a broader market downturn.

Lisa Cook, Federal Reserve Governor, Faces DOJ Investigation Federal Reserve Governor Lisa Cook is being investigated by the Department of Justice over potential mortgage fraud allegations.

XRP Hits Unprecedented 101,445% Liquidation Imbalance XRP experiences an unprecedented 101,445% liquidation imbalance, leading to a sharp price drop and significant losses for many traders.

XRP Price Falls Below Key Support Level XRP's price falls below the $3.05 support level, currently trading around $2.88, with nearly 94% of holders still in profit. Technical factors and ETF dynamics influence the market.

Crypto ETFs Experience Massive Redemptions Crypto ETFs face a significant market shakeout, with nearly $1 billion in redemptions, including $523 million from Bitcoin ETFs and $430 million from Ethereum ETFs.

XRP Prices Dip After Whale Selling XRP prices drop following a massive 470 million token sale, putting pressure on the asset and raising concerns about its future trajectory.

Cardano Takes Hardest Hit Among Top 100 Projects Cardano (ADA) suffers an 8.6% daily drop, despite maintaining gains in other time frames, highlighting the volatility in the altcoin market.

Economic Event Could Impact Altcoins An anticipated economic event in the US, highlighted by analytics firm Delphi Digital, poses a risk to altcoin markets.

Chaos in Stargate Acquisition The Wormhole (W) Foundation submits a significantly higher bid to acquire Stargate (STG), outbidding LayerZero's $110 million offer, leading to a bidding war.

Identity Theft Scam Results in $304,000 Loss A businessman loses $304,000 in his Wells Fargo account due to an identity theft scam, highlighting security vulnerabilities in financial systems.

Long-Term Investors Cash Out Long-term investors in major cryptocurrencies like Bitcoin, Ethereum, and XRP lock in $2.8 billion

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