Crypto News Sentiment
Updated: 1 month and 17 days ago
Tom Lee Confirms Bullish Stance Amid Ethereum Focus Tom Lee, a prominent cryptocurrency analyst, reaffirms his bullish outlook on Ethereum, emphasizing its potential growth and significance in the market.
Bitfinex-Backed Plasma Surges to Eighth Largest Blockchain Bitfinex's new Layer 1 blockchain, Plasma, rapidly gained traction, attracting over $3.14 billion in deposits within 24 hours, ranking it as the eighth-largest blockchain by deposits.
Ripple News: Cyber Hornet Files S&P 500 + XRP Hybrid ETF Cyber Hornet has submitted filings for three hybrid ETFs combining S&P 500 stocks with XRP, Ethereum, and Solana, each holding 75% in the S&P 500 and 25% in a specific cryptocurrency.
AlphaTON Launches TON Treasury with $30 Million Investment AlphaTON Capital secured $71 million in financing and purchased $30 million worth of TON tokens, aiming to grow its holdings to $100 million and support staking operations and ecosystem development.
Bitcoin and Ethereum ETFs Experience Major Outflows U.S. spot Bitcoin ETFs witnessed significant outflows totaling $418 million, with major funds like Fidelity’s FBTC, Bitwise’s BITB, and Ark’s ARKB all recording substantial losses, indicating strong selling pressure.
Crypto Suffers Nearly $1 Billion In Liquidations As Bitcoin Extends Decline Massive liquidations worth nearly $1 billion have occurred in the cryptocurrency derivatives market over the last 24 hours. A liquidation happens when an open contract exceeds a loss threshold set by exchanges and is forcefully closed.
Pi Coin Drops 25% to $0.26 as Dr. Altcoin Urges Core Team to End GCV Narrative Pi coin has seen a significant drop of 25% in a week, trading near $0.263. Community tensions are high, with Dr. Altcoin calling on the Pi Core Team to address the GCV debate, a contentious issue among supporters.
XRP ETF Approval Odds Surge to 99%, but Expert Predicts Irrelevance in 5 Years Traders now place the odds of an XRP ETF being approved at over 99% by the SEC in 2025. However, an expert predicts that ETFs will be irrelevant within five years, adding complexity to investor expectations.
Solana Freefall Risk: Price Could Drop to $150 if Support Fails Solana (SOL) has bounced back from a critical support zone but faces risks of dropping to $150 if support fails. Analysts suggest the cryptocurrency could retest new lows amid persistent market volatility.
Knots Developer Luke Dashjr Plans Hard Fork to 'Save Bitcoin' Developer Luke Dashjr of Knots Bitcoin full node software is considering a hard fork to allow a quorum to change illicit transaction data. The plan involves substituting this data with zero-knowledge proofs (ZKPs), aiming to enable systemic censorship.
