Crypto News Sentiment

Updated: 13 days ago

Solana eyes $300 amid analyst recommendations for coins like Bitcoin and ETH. However, gold surpasses US Treasuries as reserve asset while XRP falls from top cryptos after market corrections.
Positive news

Solana Breaks Out Of Ascending Triangle: Is $300 The Next Stop?

Solana is breaking above an Ascending Triangle pattern, potentially setting a target of around $300, according to a cryptocurrency analyst. This technical analysis suggests the asset may continue its upward trajectory.

Best Crypto to Buy Now? Analysts Highlight MAGACOIN FINANCE, Bitcoin, ETH, ADA and XLM

With the cryptocurrency market experiencing a pullback, analysts are recommending several coins including MAGACOIN FINANCE, Bitcoin, Ethereum, ADA, and Stellar (XLM) as potential buys before the next bull cycle.

DeFi vs. CEX? CZ Says the Winner Is Clear – and It’s Not Centralization

Centralized exchanges (CEX) are expected to lose ground to decentralized finance (DeFi) due to innovations like perpetual privacy decentralized exchanges (DEXs), according to CZ.

Grayscale Moves Forward with Polkadot and Cardano Spot ETFs

Grayscale is advancing plans to launch Spot ETFs for Polkadot and Cardano, marking a significant step in bringing these assets to mainstream markets.

SOL Crypto Treasury Gains Momentum, But Is It Enough to Outpace XRP in Q4?

SOL's crypto treasury is gaining momentum, but whether this will be sufficient to surpass XRP by the fourth quarter remains uncertain.

Negative news

Gold Surpasses US Treasuries as Reserve Asset Economic strategist Otavio Costa warns that gold has overtaken U.S. treasuries as the primary reserve asset among central banks globally. This shift could signal an upcoming economic rebalance.

XRP Falls from Top 3 Cryptos XRP has dropped out of the top three cryptocurrencies by market capitalization, losing its position to USDT due to a significant weekly decline.

Crypto Market Experiences Major Corrections Following strong PCE data indicating high inflation, the crypto market has seen substantial liquidations, with Bitcoin and other altcoins experiencing deep drops. Market-wide liquidations reached over $580 million.

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