Crypto News Sentiment

Updated: 3 days and 4 hours ago

XRP and PENGU surge with new partnerships, while ETHZilla strengthens its treasury. But, SEC warns L2 chains with centralized systems and Ethereum faces significant outflows amid market shifts.
Positive news

XRP Set to Lead Altcoin Boom

Analyst @CryptoinsightUK predicts XRP will reach $9.69, mapping a five-wave structure with potential targets of $6.50 and $9.69.

PENGU Soars After OpenSea Partnership

PENGU token sees a 18% increase following a partnership with OpenSea, though the ADX indicator suggests a weak trend.

ETHZilla Strengthens Treasury with 102,246 ETH

ETHZilla, a key Ethereum entity, secures an additional 102,246 ETH, bolstering its treasury position.

3 Meme Coins to Buy Below $1

Maxi Doge, PEPENODE, and Wall Street Pepe are highlighted as potential buys below $1, drawing interest amidst market recovery.

ETHZilla Secures $80 Million OTC Financing

ETHZilla receives $80 million in OTC financing from Cumberland, enhancing its financial stability.

Stripe and Paradigm Unveil Tempo Blockchain

Stripe and Paradigm introduce Tempo, a blockchain designed for stablecoins and real-world payments, aiming to facilitate onchain transactions.

Bitcoin Finds Support on Bull Market Band

Bitcoin price is testing a crucial support level on the Bull Market Band, historically significant for continued upward trends.

Ethereum Hits Volatility Low, Bitcoin Oversold

Ethereum finds support at $4,100, signaling potential for a strong rally, while Bitcoin remains oversold, hinting at a new uptrend.

Cardano Surges Beyond $0.85

Cardano breaks out of a falling wedge pattern, potentially marking a bullish breakout on its 4-hour price chart.

XRP Tests $3 Support Repeatedly

XRP faces uncertainty as it repeatedly tests the $3 support level, with buyers maintaining interest around $2.70.

Microsoft Signs $17.4B GPU Deal with Nebius

Microsoft agrees to a five-year, $17.4B GPU deal with Nebius, expandable to $19.4B, securing critical infrastructure.

Negative news

SEC’s Peirce Warns L2 Chains with Centralized Sequencers May Face Exchange Registration SEC Commissioner Hester Peirce cautioned that layer-2 blockchains using centralized matching engines might require exchange registration, emphasizing the importance of true decentralization.

OpenSea Unveils $1M NFT Fund and Prepares for SEA Token Launch OpenSea launched a $1 million fund to acquire and curate digital art, alongside plans for a mobile app beta and an upcoming SEA token launch.

Ethereum Experiences Significant Outflows Amid Crypto Fund Activity Decline Total crypto fund outflows reached $352 million for the week, with Ethereum seeing notable outflows as Solana and XRP gained traction.

Former WhatsApp Security Chief Sues Meta Over Privacy Risks A former WhatsApp security leader filed a lawsuit against Meta, alleging retaliation after reporting privacy issues.

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