Crypto News Sentiment

Updated: 1 month ago

Crypto rebounds! Synthetix rallies 90%, Ethereum and BNB surge, and Dogecoin eyes uptrend, BUT Ethena warns of USDe price tracking issues, and exchanges are accused of masking market risks.
Positive news

Tapbit Delivers a Strong Presence at TOKEN2049 Singapore

Tapbit showcased a robust presence at the TOKEN2049 conference in Singapore, highlighting its growing influence in the blockchain industry.

Synthetix Price Recovers Sharply After Market Crash

Synthetix (SNX) rapidly recovered after a significant market crash, rallying nearly 90% in less than two days, demonstrating resilience in the crypto market.

Crypto Miner Marathon Buys 400 BTC

Marathon Digital Holdings, a major crypto miner, purchased 400 BTC worth approximately $46 million during a market downturn, indicating strategic investment opportunities.

XRP and Dogecoin Bounce Back

XRP and Dogecoin have seen strong recoveries, with XRP rising 8% and Dogecoin surging 11%, driven by increased institutional interest.

Ethereum Price Rebounds

Ethereum’s price surged 8.28% within 24 hours, recovering from a historic crypto crash, influenced by macroeconomic relief and technical factors.

WazirX Wins Court Approval for Debt Restructuring

WazirX secured approval from the Singapore High Court for its debt restructuring plan, allowing users to recover up to 55% of their losses from a major hack.

BNB Price Bounces Back

BNB price regained strength, rising over 10% and reclaiming its position as the third-largest cryptocurrency by market capitalization, despite a broader market downturn.

Zcash Rebounds

Zcash (ZEC) recovered significantly, showing signs of accumulation from both whales and retail investors, indicating potential for further growth.

Dogecoin Eyes Rebound

Dogecoin is poised for a rebound, with its MACD indicator turning bullish post-crash, suggesting positive momentum.

Financial Writer Robert Kiyosaki Buys Cryptocurrencies

Robert Kiyosaki, known for his financial insights, expressed plans to buy cryptocurrencies after recent declines, reflecting optimism in the market.

Bitwise Analysts Predict Altcoin Performance

Bitwise analysts identified several altcoins set to outperform Bitcoin in Q4, as institutional investors shift focus to these assets.

Binance Coin Strength Explained

CZ attributed Binance Coin’s resilience to its strong ecosystem and utility, contrasting with other tokens that experienced significant price drops.

October Uptober Narrative Questioned

The unprecedented decline in Bitcoin and cryptocurrencies has raised questions about the October uptrend, with analysts providing

Negative news

Ethena Founder Warns Against USDe Price Tracker Issues The founder of Ethena advised users to rely on external oracles with substantial liquidity due to USDe's price tracking issues.

Institutions Profit from BTC and ETH Price Crash Institutions used market-neutral strategies to profit during the recent price drop of Bitcoin and Ethereum, demonstrating that leveraging strategies are not exclusive to traders.

Major Crypto Exchanges Conceal Market Risks Jeff Yan from Hyperliquid claims that major exchanges mask liquidation data by up to 100 times, suggesting their practices may obscure the true market risk, as revealed by Hyperliquid’s on-chain model.

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