Crypto News Sentiment
Updated: 10 days ago
Bitcoin's Weak Hands May Have Sold Off Bitcoin short-term holders who were unprofitable after 132 days broke their longest profitable streak, indicating a potential shift in selling pressure.
Ethereum's Path to Recovery Delayed Ethereum is facing a period of consolidation before it can resume its bullish trend, with analysts predicting another choppy September followed by a Q4 rally.
Crypto Market Update: Bitcoin Surges Towards $111K Bitcoin is climbing towards $111,000, with WLFI and MemeCore leading sector outliers. Other cryptocurrencies like SOL are also making waves with Pump.fun leading Solana launchpads.
Solana Launchpads Dominance Pump.fun holds a significant 70.2% market dominance among Solana launchpads, highlighting its prominence in the current market landscape.
XRP Price Struggles to Recover XRP is attempting to recover from the $2.70 zone but faces resistance at $2.850. A break below $2.850 could lead to further declines, while clearing this level could signal upward momentum.
Bitcoin Faces Significant Decline
A leading analyst warns that Bitcoin could plummet to $90,000 if key support fails, amid a recent downturn in prices.
Crypto Wallet and Exchange Breaches
Crypto assets suffered major losses in August due to numerous wallet and exchange security breaches, totaling over $163 million.
SUI Token Strengthens Despite Pressures
SUI token holds crucial support at $3.18-$3.28, with supply shrinkage and token burns creating pressure for a potential breakout.
WLFI Token Launch Causes Market Volatility
The WLFI token launch has seen dramatic price fluctuations, with the Trump family's wealth increasing by $5 billion while investors face a 40% crash.
Ether Faces Potential Correction
Analysts predict that September might bring a significant correction for Ether, potentially pushing prices back to $3,500.
Starknet Experiences Service Outage
Starknet, an Ethereum layer-two scaling solution, is facing a service outage during its mainnet launch, impacting users and operations.
Ethereum-Based Altcoin Experiences Outage
Starknet, an Ethereum-based altcoin, experiences an unexpected service outage, with the team issuing a statement regarding the issue.
Binance Dumping XRP
A crypto expert claims Binance is deliberately selling XRP to manipulate its price, contributing to the altcoin's decline despite positive fundamentals.
Bunni DEX Hack Results in Major Losses
The Bunni decentralized exchange has suffered a hack resulting in a loss of $2.3 million, raising concerns about platform security.
