Crypto News Sentiment
Updated: 7 hours ago
Anthropic Raises $13B in Series F Funding
Anthropic, an artificial intelligence company, has secured $13 billion in a Series F round, valuing the firm at $183 billion post-money. The funding was led by ICONIQ and co-led by Fidelity Management & Research Company and Lightspeed Venture Partners.
Dogecoin Surges as DOGE ETF Launch Approaches
Dogecoin has risen above $0.25 for the first time in a month following confirmation from Bloomberg’s Eric Balchunas that the DOGE ETF will start trading on Friday. Futures open interest has reached $4.5 billion, signaling strong investor interest.
Mantle Token Soars to All-Time High
Mantle (MNT) has become the top gainer in the crypto market, reaching a new all-time high of $1.65. The token is up 18% in 24 hours, 46% in the past week, and 65% in the last month. This surge is driven by its partnership with Bybit, which aims to boost its market value.
PUMP Reaches 2-Month High
Pump.Fun's core team has spent $2.5 billion on token buybacks, pushing the market delta to 1.1 billion. However, there are concerns that PUMP could drop to $0.0050 if market conditions change.
Microsoft and OpenAI Sign Preliminary Deal
Microsoft and OpenAI have agreed on a preliminary deal to extend their partnership, marking an end to months of tense negotiations between the two tech giants.
Altseason Index Hits Strong Levels
The Altseason Index has reached its highest levels in nearly a year, reflecting renewed trader enthusiasm in the altcoin market. Indicators from Blockchain Center and CoinGlass show strong market sentiment, potentially signaling a new wave of growth.
Ripple Carries Out Massive RLUSD Burns Ripple has conducted significant burns of RLUSD, a stablecoin, removing over 2.7 million units in a single transaction, the largest in recent weeks.
Aave Reduces Scroll Exposure Amid Governance Turmoil Aave proposes reducing its exposure to Scroll's governance risks due to instability in the Ethereum layer-2 network's decentralized governance model.
Crypto Funding Falls 30% in August Despite strong quarterly performance, crypto protocols saw a 30% drop in funding from $2.67 billion in July to $1.9 billion in August.
Coinbase Seeks SEC Sanctions Coinbase is requesting a federal court to impose sanctions on the SEC following the deletion of nearly a year of Gary Gensler's text messages.
