Crypto News Sentiment

Updated: 28 days and 14 hours ago

Good news: Crypto sees adoption with Kenya's new laws, a Chinese bank joining BNB Chain, and tokenized stocks. Bad news: XRP ETFs face criticism, BNB might fall, and Cardano enters a bear market.
Positive news

Tron Bulls Defend KEY Support Zone

TRX's on-chain growth and bullish derivatives' data suggest a possible recovery.

Kenya Enacts First Crypto Law

Kenya has signed the Virtual Asset Bill into law, licensing exchanges and placing digital assets under CBK and CMA oversight.

CMB International Launches $3.8B Money Market Fund on BNB Chain

CMB International Asset Management, a subsidiary of China Merchants Bank, has brought one of Asia’s top-performing money market funds on the BNB Chain.

SoloTex Gets FINRA Approval for Tokenized Stock Trading

SoloTex has received FINRA's approval to offer tokenized, on-chain stock ownership for U.S. users.

Bitcoin Hyper Aims to Solve Bitcoin's Biggest Problems

Bitcoin Hyper, raising over $23.7M, introduces a Solana-powered Layer-2 solution for sub-second transactions and near-zero fees, aiming to transform Bitcoin into a full programmable economy.

Erebor Bank Receives OCC Approval

Peter Thiel and Palmer Luckey's Erebor Bank has received OCC approval, with no broad restrictions imposed on crypto activities in banks.

NFT Markets Recover After Major Crash

Despite a partial market recovery, key NFT collections like BAYC, Pudgy Penguins, and CryptoPunks remain in the red following the crypto market crash.

XRP Holds Steady at $2.50

XRP is stabilizing near $2.50 after a sharp correction from its July highs, with analysts seeing a 57% chance of a breakout toward $9.50.

XRP Stabilizes Near $2.50 Amid Integration Plans

XRP is steadying near $2.50 as Nasdaq-listed Webus integrates it into a new tokenized travel rewards platform targeting the $20 billion global loyalty market.

FCA Lifts Ban on Crypto ETNs

The Financial Conduct Authority's decision to allow the sale of crypto ETNs to retail investors is seen as a milestone for the UK crypto industry.

BNB Chain Partners with Chinese Bank

China Merchants Bank has tokenized a $3.8 billion money market fund on BNB Chain, marking a significant partnership.

Coinbase Announces New Altcoin Listing

Coinbase, the largest U.S. cryptocurrency exchange, will list DoubleZero (2Z), though it's not investment advice.

Massive SHIB Burn Sparks Activity Surge

A large SHIB burn has led to a

Negative news

Bitcoin and Ethereum Predictions Revisited BitMEX co-founder Arthur Hayes and Fundstrat’s Tom Lee remain bullish on Bitcoin and Ethereum, predicting significant price increases before the year ends despite recent market dips.

Criticism of XRP ETF Filings Analysts argue that recent filings for XRP ETFs are poorly conceived, suggesting potential regulatory and market risks for investors.

BNB Price Warning Binance Coin (BNB) faces a risk of a 30% drop following a major crash, despite reaching new all-time highs recently.

Cardano's Bear Market Signals Cardano's price has entered a bear market, dropping over 32% since August, indicating potential further downward movement based on technical analysis and whale activity.

Ripple CEO Criticizes Wall Street Ripple CEO Brad Garlinghouse criticizes Wall Street firms for their opposition to cryptocurrencies, stating they are now actively targeting Ripple.

Ethereum Price Analysis Ethereum’s price structure suggests a potential explosive move, forming a rising wedge pattern on the 4-hour chart, with traders watching key support levels.

Pi Network Token Struggles Pi Coin continues to face market pressure, trading down about 2.5% in 24 hours, raising questions about its listing on major exchanges like Binance.

OKX CEO Responds to Laundering Allegations OKX CEO Star Xu strongly condemns the Huione Group after it was exposed in a $15 billion crackdown by OFAC and FinCEN for its role in money laundering.

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