Crypto News Sentiment

Updated: 10 days and 20 hours ago

**Good News:** LRC surges, Metaplanet buys Bitcoin, Solana eyes gains, and Nike settles. Shiba Inu shows huge investment potential, institutional adoption of BNB is growing. **Bad News:** Crypto markets face inflation fears causing major coins, including Bitcoin and XRP, to plunge to two-month low. Dogecoin signals downtrend.
Positive news

LRC Price Jumps 9%, Can It Break Above $0.1022? LRC token experienced a significant price increase of 9.21%, reaching $0.09951. The market cap surged to $136.01 million, with a trading volume of $33.9 million. Traders are observing volatility as the price fluctuates.

Metaplanet Buys Another 1,009 Bitcoin Worth $110 Million Metaplanet added 1,009 Bitcoin to its treasury, valued at approximately $110 million. This purchase brings the company’s total Bitcoin holdings to 20,000 BTC.

Bitcoin Whale Sells BTC and Buys Large Volumes of Ethereum A long-inactive Bitcoin whale recently sold BTC and purchased large volumes of Ethereum, marking a notable shift in market activity.

Solana’s Best Month Ahead? Historic Data Points to Double-Digit Gains Historical data suggests Solana could experience double-digit gains in the upcoming month, highlighting potential trading opportunities.

Nike and StockX Settle NFT Trademark Dispute Nike and StockX resolved their long-standing legal dispute regarding trademark use in NFTs, avoiding a scheduled October trial.

Binance Founder CZ's Eye-Catching BNB Post Binance founder CZ highlighted the increasing institutional adoption of Binance Coin, noting the distribution across countries and companies.

Shiba Inu: $5000 Investment Now Will Unlock Massive Gains At $0.00015 Investing $5000 in Shiba Inu at current prices could yield substantial gains, securing approximately 407 million SHIB tokens.

OKX Delists Numerous Altcoin Trading Pairs OKX announced the removal of several altcoin trading pairs due to risk control evaluations, impacting trading options on the platform.

Negative news

Ethereum Unstaking FUD Unfounded as Staking Entry Queue Surges Fear, uncertainty, and doubt surrounding large ETH unstaking before selling are unfounded, as the staking entry queue continues to grow, indicating steady stake inflows.

Cryptocurrency Market Faces Bearish Pressure Amid Inflation Concerns The cryptocurrency market experiences a downturn due to inflation concerns, influenced by recent economic data and anticipation of upcoming Federal Open Market Committee (FOMC) meetings.

Crypto Market Takes a Hit: Major Coins Plunge Bitcoin and other major cryptocurrencies experience significant drops amid inflation data and expectations around the FOMC meeting, according to Presto Research analysis.

Bitcoin Hits Two-Month Low Amid $126M ETF Outflows and Bearish Pressure Bitcoin falls to its lowest level in two months, dropping nearly 14% below its August 14 all-time high, following outflows from a $126 million ETF and overall market bearishness.

XRP Struggles Against Descending Resistance XRP faces persistent selling pressure, struggling against a descending resistance line, despite showing signs of a bullish pennant pattern that could signal an upward price breakout.

XRP Begins September in Red, Slumps Below $2.80 – Is Recovery Ahead? XRP declines 3.1% in 24 hours but displays a bullish pennant pattern, suggesting potential for an upward price breakout, according to Cryptonews.

Dogecoin (DOGE) Enters Weak Downtrend? Key Ichimoku Signal Flashes Dogecoin exhibits a weak bearish signal on the daily chart, with analysts monitoring a potential $0.23 breakout and flat momentum on the monthly Relative Strength Index (ROC).

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