Crypto News Sentiment
Updated: 15 days and 20 hours ago
First SEC-Approved Solana ETF Launches
The first-ever SEC-approved Solana ETF, called $BSOL, began trading on October 28. This marks a significant step in integrating crypto into mainstream financial markets.
XRP Price Continues Consolidation
XRP has been attempting to breach the $2.7 resistance level but has so far failed. Traders and analysts are closely watching for potential breakout moves.
Elon Musk's xAI Launches Grokipedia
Elon Musk’s xAI has introduced Grokipedia, an AI-driven encyclopedia that aims to compete with Wikipedia by providing real-time and verified information.
Coinbase Partners with Wall Street Giant
Coinbase, the largest US cryptocurrency exchange, has entered into a partnership with a major Wall Street player, signaling further integration of crypto into traditional finance.
Metaplanet Stock Surges on Capital Allocation Plan
Metaplanet, a significant Bitcoin treasury, announced a new capital allocation policy and share repurchase program, leading to a 10% stock surge.
Citigroup and Coinbase Partnership Unconfirmed
Reports suggest Citigroup and Coinbase are collaborating on digital asset payment solutions, though neither company has confirmed the partnership.
MetaMask Adds Multi-Chain Support
MetaMask now supports Ethereum, EVM, and Solana in one multichain account, enhancing user experience for cross-chain transactions.
Metaplanet Launches Share Buyback Plan
Metaplanet, a Bitcoin-focused investment company, launched a share buyback plan to boost Bitcoin returns, aiming to increase capital efficiency.
XRP Price Moves Upward
XRP has risen 0.05% to $2.65, with increased trading volume driven by institutional demand. The market is watching key resistance levels.
Social Media Companies Agree to Ban Users Under 16 in Australia
Meta, Snap, and TikTok have agreed to enforce Australia's new ban on users under 16, following pressure from lawmakers.
XRP Converts Old Peak into Support
XRP's price action shows a cup-and-handle pattern forming as it recaptures the 20-day moving average, potentially setting up a move towards $4.
Grayscale Launches Largest Solana Investment Trust
Grayscale has launched the largest Solana investment trust in the U.S., allowing staking, which could attract more institutional investment.
Virtual Rallies Strong but Caution Advised Virtual experiences show a significant 90% increase in a week, driven by buyer enthusiasm, though slowing market activity suggests caution.
Amazon Plans to Cut Corporate Jobs by 30,000 Amazon is set to reduce its corporate workforce by up to 30,000 employees, marking a substantial downsizing move within the company.
HSBC Reports Q3 Profit Drop Due to Legal Charge HSBC experienced a 14% decline in Q3 profits to $7.3 billion, primarily due to a $1.1 billion legal provision related to the Bernard Madoff fraud case.
Ripple’s XRP Readies for Final Drop Before Rally XRP is trading near $2.65 with analysts watching resistance levels between $2.70 and $2.82, anticipating a final downward push before a potential long-term rise.
BNB Token Burns Near 1.5 Million in Three Months BNB has seen nearly 1.5 million tokens ($1.65 billion) burned in the past three months, highlighting the token’s deflationary mechanism.
Citigroup Adjusts Gold Price Forecast to $3,800 Citigroup has lowered its gold price target to $3,800, citing reduced geopolitical risks and changing market dynamics.
Kalshi Challenges New York Cease-and-Desist Order Kalshi is suing New York to protect its sports prediction markets, arguing that federal jurisdiction over derivatives trading supersedes state gambling laws.
