Crypto News Sentiment

Updated: 16 days ago

Good news: Crypto sees institutional demand with XRP futures hitting $1B and Aave treasury at an all-time high. Ethereum aims higher too. Bad news: Bitcoin faces potential decline near short-term holder cost basis and BNB sees bearish pressure.
Positive news

How a GENIUS Act ‘Loophole’ Could Shift Billions from Banks to Crypto

Are banks prepared for the shift that's already underway as the GENIUS Act loophole allows for significant funds to move into the crypto space.

Ethereum Price Eyes Upside Continuation, Bulls Preparing for Fresh Move

Ethereum price corrected below $4,550 and is aiming for a move above $4,650. The price is near $4,580 and the 100-hourly Simple Moving Average suggests a potential upward move.

XRP Futures Break $1B Open Interest Mark on CME Platform

XRP futures on CME have crossed $1 billion in open interest within three months, indicating strong institutional demand for regulated crypto exposure.

Morning Brief: Yuan Soars to Strongest Since November; Australian CPI Jumps to 2.8%

The Chinese yuan has surged to a ten-month high, while Australia's inflation rate rose to 2.8%, leading to a rate-cut hope dash. South Korea aims to capitalize on these economic shifts.

Aave Treasury Reaches New All-Time High Milestone

Aave's treasury has reached a new all-time high, marking a significant milestone in the decentralized finance sector.

Beyond Ethereum and Bitcoin: Analyst Reveals His Top Altcoin Picks

Despite a turbulent week in the cryptocurrency market, Ethereum hit a new all-time high, and Bitcoin staged a dramatic rebound. An analyst reveals his top altcoin picks amidst market volatility.

Major Bitcoin Critic Peter Schiff Reveals Expectations Post-Price Drop

Peter Schiff, a critic of Bitcoin, shares his expectations following the recent drop in Bitcoin's price, offering insights on the future of the cryptocurrency.

Bitcoin Nearing Its Climax? Here’s When the Epic Bull Run May End (Analyst)

Analysts predict that Bitcoin's bull market may be nearing its end, with an expected conclusion of the epic bull run.

XRP Eyes $3.20 as Bull-Flag Pattern Forms, Key Support at $2.89

XRP is testing $3.08 resistance and consolidating near the $3.00 psychological mark, forming a bull-flag pattern with key support at $2.89.

Negative news

Bitcoin Slipping Down: Near Short-Term Holder Cost Basis On-chain analysis suggests Bitcoin might soon reach the average cost basis of short-term holders, indicated by the Realized Price metric. This potential retest could influence the cryptocurrency's trajectory.

Federal Reserve Governance Under Scrutiny Lisa Cook has initiated legal action against the Federal Reserve, challenging its governance structure. This development may impact monetary policy decisions and regulatory oversight.

BNB Faces Bearish Pressure BNB’s price has dropped to $840 following a peak at $899. Technical indicators and cooling in futures markets suggest a critical test of the $800 support level is imminent.

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