Crypto News Sentiment
Updated: 11 days and 16 hours ago
How Pi Network Could Finally End PI Price Chaos the DeFi Way
Pi Network aims to democratize cryptocurrency access but has faced significant price volatility, losing over 90% from its peak. The article suggests that adopting decentralized finance (DeFi) strategies might stabilize its value.
Crypto Hacking Losses Plummet: A Remarkable 85.7% Drop in October
Crypto hacking losses dropped dramatically by 85.7% in October, from $127 million to $18.18 million, signaling improved security measures and reduced cyber threats in the cryptocurrency sector.
Assessing Bittensor’s 23% Jump as Europe Launches First TAO ETP
Bittensor's price increased by 23%, driven by the launch of the first TAO Exchange Traded Product (ETP) in Europe. The momentum may continue, potentially reaching $590, though a correction to $455 is possible.
Tesla CEO Elon Musk Says X Chat's New P2P Encryption System Is Similar to Bitcoin's
Elon Musk highlighted similarities between X Chat's new peer-to-peer (P2P) encryption system and Bitcoin's architecture, indicating advancements in secure communication within the decentralized finance (DeFi) space.
New App Launches with Advanced Features Anticipated Soon
A new app featuring in-app chat with media and file sharing for Premium users has launched. A standalone version is expected to offer additional features in the coming months, enhancing user experience.
Zcash (ZEC) Reaches 7-Year High, Bitcoin (BTC) Fluctuates
Zcash (ZEC) has surged to its highest level in seven years. Meanwhile, Bitcoin (BTC) is experiencing volatility around the $110,000 mark.
TAO Price Surges Significantly
Bittensor (TAO) has seen a significant increase in value, trading above $500, driven by a strong bullish trend and impressive weekly growth.
MEXC Denies Insolvency Rumors, Sees Massive Withdrawals
MEXC exchange has refuted insolvency rumors and faced record withdrawals as users seek proof of solvency. The exchange plans to update its Merkle tree data for user verification.
Thodex Founder Dies in Prison After $2 Billion Fraud
Faruk Fatih Özer, the founder of Thodex, died in prison following a $2 billion crypto fraud scandal.
Ethereum (ETH) Blob Fees Suddenly Spike
Total Ethereum (ETH) blob fees have increased unexpectedly, indicating high demand on the network.
XRP Declines as Bulls Prepare for ETF Launch
XRP is declining, but bulls are buying the dip ahead of the anticipated launch of the first U.S. spot XRP ETF in November.
Significant Bitcoin Transfer from Coinbase
A large sum of 6,326 Bitcoin, worth about $697 million, was transferred from Coinbase to an unknown new wallet, sparking interest in the crypto community.
