Crypto News Sentiment

Updated: 1 month and 29 days ago

Crypto news: Stablecoin supply on Ethereum hits a record high, Solana rallies, and Chainlink eyes $102. On the other hand, analysts warn of Bitcoin corrections, XRP price crashes, and Shiba Inu adding a zero.
Positive news

Hyperliquid's USDH Launch Expected Soon

Native Markets has secured the mandate to manage Hyperliquid’s USDH stablecoin rollout, following a vote by HYPE stakers. The stablecoin is set to launch in the coming days.

Ethereum Surge Drives Stablecoin Supply to Record Levels

The stablecoin supply on Ethereum has reached a record $166 billion, with USDT leading at $87.8 billion and USDC following closely at $48 billion.

Bitcoin May Top Out Before Fed Rate Cut, Says Schiff

Peter Schiff predicts Bitcoin could top out ahead of the Federal Reserve’s September 17 FOMC meeting, despite recent gains.

Solana Rally Driven by Spot Buying and Institutional Accumulation

Solana’s price surge is attributed to strong spot demand, with Galaxy Digital picking up over a billion dollars worth of SOL this week.

Legendary Analyst Warns on Bitcoin Price, Predicts Drop

Willy Woo predicts potential drops for Bitcoin, XRP, SOL, and DOGE amid upcoming Fed rate cuts, expecting a 15-20% correction.

Taproot Upgrade Criticized for Overlooking Social Attack Vectors

Bitcoin Core developer Jimmy Song criticizes the Taproot upgrade for ignoring social attack vectors that enabled spam-like activity.

Galaxy Digital Buys 1.2 Million SOL in Record-Breaking Trade

Galaxy Digital made a significant purchase of 1.2 million SOL, valued at over $300 million, on major exchanges including Coinbase, Binance, and Bybit.

Polkadot DAO Approves DOT Token Supply Cap

Polkadot DAO has approved capping the DOT token supply at 2.1 billion units, a critical step in managing the ecosystem’s tokenomics.

PEPE Price Prediction: Modest Growth Expected

PEPE is expected to see modest growth, while the emerging project XYZVerse aims for explosive 60x returns.

Gate Alpha Launches ZKC Airdrop

Gate Alpha users can claim ZKC tokens using 156 points, marking the start of an airdrop campaign.

LSEG Launches Blockchain-Based Digital Markets Infrastructure

LSEG has rolled out its Blockchain-based DMI platform for private funds, with the first transaction completed with MCM Fund 1.

Chainlink Price Forecast: LINK Could Hit $102

Chainlink (LINK) is forecasted to hit $102 on a bullish breakout pattern, driven by recent partnerships and ETF filings.

Negative news

SEC to Issue Warnings Before Tough Crackdowns

The Securities and Exchange Commission (SEC) will now issue warnings to companies before enforcing tough actions, aiming to promote compliance rather than surprise businesses with aggressive crackdowns.

XRP Price May Crash to Zero

XRP's price is near 3.04 as recession fears rise in the U.S., reaching a 48% probability, raising concerns about potential price drops.

PUMP Token Soars 70%

PUMP, the native token of Pump.Fun, has experienced a significant 70% increase in value within a week, driven by a Binance listing and record buybacks.

December 2024 Crypto Crash Signal Emerges

Crypto analyst Maartunn warns of a historical market pattern returning, where speculative leverage flows into altcoins while Bitcoin remains stable, signaling possible market shifts.

UBS Joins in Shorting Metaplanet

UBS has joined other financial institutions in shorting the shares of Metaplanet, a Bitcoin digital asset treasury, leading to a significant drop in its stock price.

Ether Unstaking Queue Reaches Record Length

Investors seeking profits from Ether’s recent gains face a long wait, as the unstaking queue has surged to unprecedented lengths.

Shiba Inu Might Add a Zero

Shiba Inu’s price could experience a swift and unexpected reversal, potentially adding a zero to its value.

Dogecoin Plummets

Dogecoin is experiencing daily double-digit declines alongside a drop in Bitcoin’s price below $115,000, causing a substantial decline in the total crypto market cap.

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