Crypto News Sentiment

Updated: 1 month and 18 days ago

**Good News:** Institutions are bullish! Vanguard plans crypto ETFs, Google invests in Bitcoin mining and a euro stablecoin consortium is born. **Bad News:** Market turmoil! Ethereum sees massive outflows. Trump-backed WLFI plunges and Forward Industries' Solana holdings drown.
Positive news

Euro Stablecoin Consortium Formed

Nine European banks have joined forces to create a euro-backed stablecoin, set to launch in 2026. The consortium aims to combat dollar dominance through this new financial tool.

SOL Price Prediction

Osprey's investment of $15 million in Solana (SOL) signals potential price movement, amid recent losses in the cryptocurrency market.

Bybit's Daily Treasure Hunt Returns

Bybit is reintroducing its daily treasure hunt event, titled "Hot Token Rush," starting in October.

Whale Activity in Crypto Markets

Whales are aggressively purchasing Ethereum (ETH) and another altcoin, XPL, amidst declines in Bitcoin and other cryptocurrencies.

Foreign Investment in U.S. Stocks

Despite political turmoil, foreign investors are pouring unprecedented amounts of money into U.S. stock markets.

Bithumb Lists New Altcoins

Bithumb, a prominent Korean cryptocurrency exchange, has added two new altcoin pairs to its KRW market.

Vanguard to Offer Crypto ETFs

Vanguard, managing over $10 trillion in assets, is planning to offer crypto ETFs to its brokerage clients, marking a significant shift.

SHIB Token Burning Surge

1.1 million SHIB tokens were burned in a 24-hour period, a 396% increase, potentially signaling a price move.

Fed's Inflation Data Impact

Personal consumption expenditures data from the U.S. has sparked initial reactions in the Bitcoin and U.S. dollar markets.

BlackRock Launches New Bitcoin ETF

BlackRock is introducing a new income-focused Bitcoin ETF, doubling down on its investment in the asset class.

Memecoin Market Analysis

Memecoins are experiencing a challenging period due to sector rotations and heightened risk aversion, but some are seeing increased interest.

Quant's Role in UK Tokenized Deposits

Quant is providing the core technology for a UK pilot project involving tokenized sterling deposits with major banks.

MrBeast's Interest in Aster

MrBeast has reportedly invested $1 million in Aster, a token that surged by over 6,000% in a few days.

Google's Bitcoin Mining Investment

Google's $3 billion investment in Bitcoin mining is expected to trigger a Wall Street shift, impacting Bitcoin prices.

QNT Price Increase

QNT's price rose sharply following its selection to power the UK's Tokenized Sterling Deposits project, boosting investor expectations.

MrBeast's Alleged Purchase of ASTER

Negative news

Chainlink Falls 16% as LINK Whales Dump $8.17M – Can $20 Hold?

Chainlink investors panicked, selling tokens as large holders unloaded 397,084 LINK worth $8.17 million.

Ethereum OI Suffers Its Biggest Cleanup Since Early 2024 – Details

Ethereum fell below $4,000 for the first time since early August, losing nearly 20% of its value since September 13, indicating a significant market shift.

Crypto Market Down 2.2% Today

Global cryptocurrency market cap dipped by 2.2% over the last 24 hours, currently valued at $3.83 trillion.

Ethereum Breaks Below $4.1K Support

Ethereum's price dropped below crucial support levels, with key levels at $4,840 and $2,750 attracting attention as volatility increases.

Trump-Backed WLFI Plunges 58% – Buyback Plan Announced

Trump-backed WLFI has declined 58%, falling from $0.46 to $0.19. The project has initiated a buyback-and-burn plan to address steep losses.

Bitcoin and Ether ETFs See $509 Million Combined Outflow

Bitcoin and ether ETFs experienced significant outflows, with combined losses of $509 million, primarily driven by heavy exits from major exchanges.

Forward Industries Solana Holdings Underwater

Forward Industries' Solana investments have lost $245 million, with SOL prices plunging below key supports.

Korean Crypto Market Loses $24B in Six Months

South Korea's crypto market lost approximately $24 billion in six months, with domestic holdings dropping from KRW 121.8 trillion to KRW 89.2 trillion.

XRP Faces Sharp Decline from $3

XRP's price is at risk of falling sharply from $3 to $2, with bulls needing to defend key levels to prevent this decline.

Story Protocol Down 50% from ATH

Story Protocol's price tumbled 50% in 24 hours, driven by aggressive profit-taking following a recent 120% rally and the co-founder's departure.

Crypto Market Crashing: Macro Uncertainty and Shutdown Fears

The crypto market is experiencing a major crash due to macroeconomic uncertainties and fears of government shutdowns.

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