Crypto News Sentiment

Updated: 1 month and 20 days ago

Dogecoin, Shiba Inu, and Ripple show bullish potential while Aster DEX surges. China cracks down on ByteDance and Alibaba, while Ethereum faces liquidations and Powell warns of high asset prices.
Positive news

Dogecoin Set for Bullish Breakout

Dogecoin is expected to experience a significant price increase, with analysts targeting a $0.50 price point.

Aster Perpetual DEX Surges

Aster, a decentralized exchange backed by Binance's founder, has surpassed Hyperliquid in daily trading volumes, reaching over $12 billion.

Shiba Inu Price Hovers

Shiba Inu's price is showing signs of recovery due to increased whale activity and smart money accumulation, potentially leading to a 25% rally.

Société Générale Launches USDCV Stablecoin

Société Générale has launched its USDCV stablecoin, listed on Bullish DEX, under the supervision of MiCA and BaFin.

Ethereum Hits Key Support

Ethereum is trading near $4,200 after a 20% drop, with analysts pointing to potential Q4 strength for a breakout.

Ripple's Institutional Support

Morgan Stanley backs Ripple as a global payment alternative to SWIFT, viewing XRP as forming a bull flag pattern with $4.2 in sight.

Bitcoin STHs Face Panic Selling

Short-term holders of Bitcoin are experiencing panic selling, but relief signals have emerged, indicating a potential recovery.

Cardano Whales Bet on Remittix

Cardano's price is predicted to rise as whales position themselves before the next leg, driven by analyst tips and the rise of Remittix.

Negative news

China's CAC Summons ByteDance and Alibaba for Content Violations The Cyberspace Administration of China summoned ByteDance’s news platform, Toutiao, and Alibaba’s UCWeb over content violations, aiming to restore online ecosystem order.

Ethereum Drops 7% in Massive Sell-Off, but Will USDT Save ETH? Ethereum experienced a significant drop, but there are hopes that stablecoins like USDT might provide support and help stabilize the price.

Ethereum Hits Losing Streak Due to Massive Liquidations $1.8 billion in liquidations led to a losing streak for Ethereum, affecting thousands of traders and signaling increased market volatility.

Avalanche Rallies While Market Crashes Avalanche (AVAX) has seen strong gains despite a broader market crash, with analysis suggesting factors driving its performance.

XRP Trapped in Choppy Trading Range XRP has been trading within a narrow range, testing support and resistance levels, and could potentially break out to new highs or lows.

Crypto Markets Steady After Major Liquidation Event After a significant wipeout, crypto markets are recovering, with Bitcoin holding steady and altcoins facing pressure, but potential for a bullish turn in October.

Powell Warns of High Asset Prices Amid Interest Rate Uncertainty Federal Reserve Chair Jerome Powell cautions about high asset prices due to interest rate uncertainty, highlighting potential risks.

Analyst Warns of Shiba Inu Exit Risk Near Key Resistance An analyst advises caution for Shiba Inu, warning of potential selling pressure near a key resistance level, with significant upside if supports hold.

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