Crypto News Sentiment
Updated: 14 days ago
Stellar Near 10M Accounts: Stellar (XLM) is nearing 10 million accounts, driven by significant institutional adoption. The network currently has 9.69 million active wallets, with daily additions of 5,000-6,000 new addresses.
Bitcoin vs. Real Estate: Balaji Srinivasan predicts Bitcoin will eventually supplant real estate as a preferred investment asset class.
MAGACOIN Finance Upgrade: Analysts recommend upgrading MAGACOIN finance, citing strong momentum in Solana and Dogecoin ecosystems. The market shows volatility with capital shifting between assets.
Ethereum Institutional Inflows: Ethereum is gaining market traction as institutional capital shifts from Bitcoin. Spot Ether ETFs have seen nearly $10 billion in inflows since July.
Altcoins to Watch: BNB, ETH, SUI, and PEPE are highlighted as potential breakout candidates for the upcoming altcoin season.
Chevron Stock Upgrade: UBS upgraded Chevron's price target after a strategic move in Iraq, seeing a potential $197 target.
Solana Price Surge: Solana's price has exploded higher, consolidating above $212 with bulls aiming for gains above $220. A bullish trend line is forming on the hourly chart.
DeFi Dev Corp Buys Solana: DeFi Development Corp purchased $77 million worth of Solana, leading to a surge in SOL price during a market downturn.
IREN Stock Surges: Bitcoin miner IREN reported record quarterly earnings and revenue, boosted by strong Bitcoin mining output and AI expansion.
Luxxfolio Raises $73M: Canadian crypto firm Luxxfolio plans to raise $73 million to deepen its Litecoin strategy and stabilize its balance sheet.
Ethereum Price Loses Momentum Ethereum's price has declined from the $4,700 level, showing bearish signs. A close below $4,400 could intensify downward pressure. The asset is struggling to maintain levels above $4,630.
XRP Price Faces Potential Correction XRP is weakening, struggling to break above $3.080. A drop below $2.920 could signal further declines. The price is near $2.9650 and the 100-hourly Simple Moving Average.
Chinese Official Warns Against Yuan-Based Stablecoins A former PBOC governor warns against allowing yuan-based stablecoins, citing threats to financial stability. This comes amid geopolitical tensions and U.S. stablecoin bills.
TRON Token Shows Signs of Muted Momentum TRON (TRX) is experiencing a slowdown, having declined 19.2% from its all-time high. Limited upward movement suggests reduced buying interest, prompting concerns about a potential market pullback.
Reliance Under U.S. Pressure for Russian Oil Imports Mukesh Ambani's Reliance faces scrutiny from the U.S. for importing discounted Russian oil, complicating India's stance in the ongoing geopolitical conflict.
