Crypto News Sentiment

Updated: 13 days and 12 hours ago

Good news: Institutions embrace crypto with XRP treasury debut, Bitcoin rewards, and futures trading expansions. Bad news: Bitcoin plunged, sparking $1.1B liquidations, while Nevada regulators froze a crypto custodian's operations.
Positive news

Ethereum Foundation Launches Business Website

The Ethereum Foundation has unveiled a new website aimed at businesses, providing them with information and guidance on adopting the Ethereum network.

BONK Defends Support Level Amid Increased Volatility

BONK has maintained support around $0.000014 despite volatility, with trading volume up by 71%.

Coinbase Futures Trading Partnership with Webull

Coinbase has partnered with Webull to offer futures trading for Dogecoin, XRP, Solana, and Litecoin, expanding access to altcoins.

XRP Treasury Debut on Nasdaq

Evernorth, backed by Ripple, has launched on Nasdaq using the XRPN ticker after acquiring $1 billion worth of XRP.

Additional XRP, Solana, Dogecoin, and Litecoin Futures Trading

Coinbase has added support for XRP, Solana, Dogecoin, and Litecoin futures trading on Webull, enhancing trading options.

XRP RSI Indicates Bullish Trend

The RSI for XRP is making higher highs, signaling a strong bullish trend according to analysts.

Uphold Relaunches US Debit Card with XRP Rewards

Uphold has relaunched its US debit card service, now offering XRP rewards to users.

Binance Delists Three Cryptocurrencies

Binance has announced the delisting of three cryptocurrencies, effective in November, in a move to update its trading platform.

US-China Trade Relations Offer Market Relief

Delayed sanctions on China have provided relief to the markets, reflecting improved geopolitical stability.

Lombard Acquires Avalanche-bridged Bitcoin

Lombard has acquired the Avalanche-bridged Bitcoin asset, BTC.b, from Ava Labs, strengthening its position in the DeFi space.

Jump Crypto Executes Massive SOL to BTC Swap

Jump Crypto is converting a large portion of its Solana holdings into Bitcoin, valued at over $200 million.

Lolli Acquires Slice to Boost Bitcoin Rewards

Lolli has acquired Slice, a browser extension, to enhance its Bitcoin rewards program for internet users.

Gold Decline Could Boost Bitcoin

A 5% capital rotation from gold could drive Bitcoin close to $250,000, according to Bitwise experts.

JPMorgan CEO Reevaluates Bitcoin Stance

Jamie Dimon, CEO of JPMorgan, has shifted his views on cryptocurrency, previously criticizing Bitcoin but now revealing new perspectives.

Negative news

US Stock Market Opening: Unsettling Dip Across Major Indices

The US stock market opened with noticeable downturns across the S&P 500, Nasdaq Composite, and Dow Jones Industrial Average, signaling a cautious start to the trading session.

Bitcoin Dumps to Weekly Lows as Liquidations Skyrocket

Bitcoin prices fell to weekly lows, accompanied by a surge in liquidations reaching over $1.1 billion, reflecting heightened market volatility.

Crypto Futures Liquidation: Massive $150 Million Wiped Out

Crypto futures liquidations amounted to $150 million in a single hour, contributing to a larger trend of over $1.136 billion in forced closures within 24 hours.

Fidelity Files Amendment for Solana ETF

Fidelity nears the launch of its Solana Fund, offering staking rewards and institutional exposure to SOL on NYSE Arca.

Nevada Regulators Freeze Crypto Custodian’s Activities

Regulators in Nevada froze the activities of Fortress Trust due to an $11 million shortfall in client funds, marking a significant regulatory action in the crypto industry.

AI Trading Models Face Sharp Equity Decline

AI trading models experienced substantial declines in equity, underscoring the market's fragility during recent turmoil.

Crypto Experts Predict Bitcoin’s Sharp Decline

Renowned analysts predict further decline in Bitcoin tied to SPX pullback, with the cryptocurrency dropping to $107,600.

Crypto Market Prediction: XRP to Avoid Bearish Crash?

XRP faces challenges but may avoid a bearish crash, while Shiba Inu is expected to experience significant volatility.

Why Is Crypto Down Today?

The total cryptocurrency market capitalization fell by 3.0% to $3.78 trillion, reflecting widespread market downturn.

Bitcoin, Ether ETFs See Heavy Outflows

Bitcoin and ether ETFs witnessed heavy redemptions totaling over $550 million, while Solana ETFs attracted a strong $48 million inflow.

Ethereum Traders Face $4K Curse as Halloween Expiry Looms

Ethereum traders are leveraging heavily ahead of Halloween, with the October expiry on Oct. 31 adding to market uncertainty.

Bitcoin Slides to $107K Range

Bitcoin dropped below the $108,000 mark, with more than $400 million in long positions liquidated, reflecting increased selling pressure.

Cardano Price Risks 20% Crash

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