Crypto News Sentiment
Updated: 20 days and 12 hours ago
Cardano Whale Accumulation
Cardano experienced a significant accumulation of 150 million ADA by market whales, potentially signaling a rebound in the asset's price.
XRP Price Rebounds
XRP is testing a key liquidity zone near $2.80, with bulls aiming to push the price to $3.40. Analysts are closely watching this level to determine market direction.
Fed Chair Powell Speaks
Federal Reserve Chair Jerome Powell's speech at Jackson Hole influenced Bitcoin and other cryptocurrencies positively, with Bitcoin reaching $115,700.
Ethereum Forms Bullish Engulfing
Ethereum has formed a bullish engulfing candle, indicating renewed buying interest and potential trend continuation. Open interest has hit record levels.
BIO Protocol Surges
The decentralized science protocol BIO Protocol has seen a 27% surge in value, pushing its weekly gains to 91%. The token is now at a five-month peak.
KCS and BGB Tokens Pump
Exchange tokens like BNB and OKB have been performing well, leading analysts to predict similar gains for KCS and BGB, suggesting a strong bull market.
XRP Predicted to Reach $5
Technical analysis suggests XRP may reach $5 by the end of 2025, with a key accumulation zone near $2.80 acting as support.
Crypto Market Surge
The crypto market is experiencing notable gains, driven by Powell's dovish comments and relief from fears about employment levels.
Mantle Token Surges
Mantle's governance and utility token MNT has surged over 17% this week, recovering from a June low and now competing with other major tokens.
Pi Coin Bottoming Out
Pi Coin's price has found a floor at $0.35, with a technical chart pattern suggesting potential bottom formation and upside ahead.
Ethereum Reaches $4,600
Ethereum has surged to $4,642, driven by record levels of open interest in derivatives markets and institutional buyback programs.
Solana Price Analysis
Solana (SOL) is trading at $181, with a potential $360 rally based on Elliottwave analysis. Support levels and resistance points are key indicators.
Cryptocurrencies Gain
Bitcoin and Ethereum have gained significantly, with Bitcoin trading at $116,700 and Ethereum surpassing $4,640. The market cap has reclaimed the $4 trillion
BTC Plummets as Powell Speaks: Market Reactions Unfold
Bitcoin's price experienced a significant drop during the Jackson Hole meeting, where discussions centered around reduced GDP growth expectations.
FTX Creditors Launch Legal Battle Against Kroll for Mishandling Claims
FTX creditors are taking legal action against Kroll over mishandled claims, following a 2023 data breach. This comes just weeks before the third reimbursement.
XRP Falls to $2.79, Briefly Loses Number 3 Spot Amid $10.5M in Liquidations
XRP's price fell 3.4% to $2.79, its lowest level since August 2, causing it to briefly lose the third-largest crypto market cap position.
Andrew Tate’s YZY Short Shows $16K Gain, But Hyperliquid Losses Near $700K
Andrew Tate's YZY short position gained $16,000, but Hyperliquid losses approached $700,000. The YZY token, launched by Kanye West, saw a sharp decline from its peak.
Should You Reduce Dollar Exposure? UBS Warns on Weak USD
The US dollar is experiencing a bearish trend, losing valuation and purchasing power rapidly. UBS advises FX investors to consider diversification due to the weak US dollar.
Is Stellar On a Collision Course? XLM Price Tanks 8% In a Week, What’s Next?
Stellar's price dropped by 8% in the last week, with trading volumes hitting their lowest levels. The token is currently trading below its August 14 peak.
Breaking: VanEck Files JitoSOL ETF After SEC Says Liquid Staking Isn’t a Security
VanEck has filed for a JitoSOL ETF with the SEC, potentially making it the first fund to primarily invest in a liquid staking token.
