Crypto News Sentiment

Updated: 1 day and 8 hours ago

Crypto markets show strength with XRP, Solana, and Bitcoin staking gaining traction, plus IG Group secures UK license. XRP faces bearish divergences and Cardano breaks support, bringing new market uncertainty.
Positive news

Best Crypto to Buy Now 30 September – XRP, Solana, Pepe Crypto markets are showing signs of strengthening, with attention turning to XRP, Solana, Pepe, and Bitcoin Hyper. Recent U.S. policy moves and ETF milestones have influenced expectations for potential market movements.

Bitcoin Staking on Starknet Starknet has introduced a new feature enabling Bitcoin holders to stake their assets on its Ethereum-based Layer 2 network. This marks the first trustless method of staking BTC beyond its original blockchain, allowing participants to earn rewards and contribute to Starknet's network.

Strategy Increases STRC Dividend Rate Strategy raised the annual dividend rate on its Variable Rate Series A Perpetual Stretch (STRC) Preferred Stock from 10% to 10.25%, effective October 1. The company also declared a cash dividend of $0.854166667 per share, payable on October 31.

IG Group Secures UK Crypto Asset License IG Group has obtained a UK crypto asset license from the Financial Conduct Authority (FCA), expanding its operations in the cryptocurrency sector.

LACChain and LACNet Unify as LNET LACChain and LACNet have merged into LNET, aiming to promote blockchain adoption in Latin America and beyond.

Crypto Market Prediction The market is poised for recovery, though not all analysts are optimistic. XRP faces challenges, while Ethereum may have secured a significant milestone. Bitcoin's future looks promising with a chance to reach $113,000.

Ripple and Coinbase Qualify as Crypto Custodians The SEC issued a no-action letter on September 30, allowing investment advisers to use state-chartered trust companies as qualified custodians for crypto assets. This opens the door for Ripple, Coinbase, and others to serve registered funds.

Negative news

XRP Gears Up For Breakout, But Bearish Divergence Clouds Outlook XRP is demonstrating strength above key support levels, but higher-timeframe bearish divergences suggest caution. Despite positive momentum, the path to a breakout remains uncertain.

154,448,000,000 SHIB Restores Hope as NetFlow Plunges 21% Shiba Inu's key metric indicates that holders are less inclined to sell, potentially signaling a shift in sentiment.

Balchunas Says Tokenized Stocks Unlikely to Disrupt ETFs as SEC Gears Up for Rule Change Eric Balchunas, Bloomberg’s senior ETF analyst, believes tokenized stocks won't significantly threaten ETFs despite the SEC considering changes to allow shares like Tesla’s on crypto exchanges.

Cardano Whale Makes $54 Million Coinbase Outflow: Sign Of Dip Buying? A significant Cardano whale withdrew funds from Coinbase, possibly indicating a bullish move for ADA as buyers enter the market.

XRP Stuck in a Tight Range but October Could Be Different XRP has been trading within a narrow range, but there's speculation that October might bring a breakthrough, with buyers defending support levels.

Will Institutions Follow Bitcoin Onto Other Chains? Institutional adoption of crypto continues, with spot Bitcoin ETFs capturing substantial funds and major companies accumulating billions in net flows.

Hedera (HBAR) Slips 1.6% Daily but ETF Hopes and Swift Partnership Keep Uptober Rally in Play Hedera’s HBAR experienced a daily decline but maintains a positive outlook due to ETF optimism and partnerships with financial institutions.

Cardano Price Breaks Support as October Brings New Uncertainty Cardano (ADA) broke its support levels after months of stable trading within an ascending channel, introducing new volatility and uncertainty for the month.

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