Crypto News Sentiment
Updated: 18 days and 8 hours ago
TRON (TRX) Price Stability
TRON's price remains steady around $0.365 after recent gains. Charts indicate continued buyer interest and an ongoing upward trend, but questions remain about breaking through key resistance levels.
DeFi Resurgence Post-Biden Era
Despite previous setbacks, decentralized finance (DeFi) is expected to recover, driven by layer-1 blockchain advancements. The crypto space faced challenges under the Biden administration, but now looks towards a potential rebound.
Ethereum Hits New High
Ethereum achieves a historic price of over $4,900, fueled by optimism from rate cuts, strong ETF inflows, and significant institutional investment. This marks a significant milestone in the altcoin's history.
Solana Surpasses Ethereum in DEX Volume
Solana records a 10-month high in decentralized exchange (DEX) volume, surpassing Ethereum. Despite broader market cooling, Solana maintains positive momentum, with its price reaching a new intraday peak of $211.
Bitcoin Consolidates
Bitcoin experiences a tight consolidation range between $117,300 and $114,400, influenced by weak corporate demand and persistent ETF outflows. However, hints from Michael Saylor suggest potential fresh purchases.
Altcoin Trading Volume Surge in South Korea
South Korea sees a significant increase in trading volume across 14 altcoins, with major cryptocurrencies taking the top three spots. This indicates growing interest and activity in the region's cryptocurrency markets.
Ethereum Gains Momentum with Corporate Investments
Ethereum surges due to substantial corporate acquisitions and ETF inflows, with seventeen major firms amassing significant reserves. This enhances investor appetite and drives price growth.
Major Token Unlocks Expected
A week ahead, the cryptocurrency market prepares for massive token unlocks in 26 altcoins, providing detailed schedules for day-by-day and hour-by-hour events.
Ether Soars In August—but Will September Spoil The Party?
Ether's price surged by about 20% in August, reaching $4,745 at publication. This rally was influenced by dovish comments from US Federal Reserve Chair Jerome Powell. However, historical data from September suggests caution may be warranted.
Michael Saylor’s Voting Power Raises Wall Street Concerns
Michael Saylor, CEO of MicroStrategy, is increasing his voting power over the company's Bitcoin holdings, raising concerns among Wall Street analysts about potential conflicts of interest and strategic decisions.
Leaving the Gold Standard Was the ‘Most Costly Mistake We Ever Made’
A video by Bitcoin media company TFCT argues that abandoning the gold standard was the "most costly mistake" leading to societal decline. It uses a grandfather-grandson narrative to illustrate the perceived negative impacts of this economic shift.
