Crypto News Sentiment

Updated: 1 month and 20 days ago

DeFi lending soars with Q3 growth and Bitcoin hits $87,000! But beware, Bitcoin price is plummeting, facing community boycotts and exchange suspensions.
Positive news

DeFi Lending Surges in Q3, Dominating Market Share

DeFi lending experienced a significant boost in the third quarter, capturing 55.7% of the market share. This growth is attributed to increased incentives, stronger collateral options, and rising asset prices.

Crypto Traders Get Real-Time Insights with CryptoAppsy

CryptoAppsy provides instant cryptocurrency data updates every five seconds, enabling users to manage multi-currency portfolios efficiently for seamless value tracking.

DeFi Lending Volume Jumps to $41B in Q3, Driven by Airdrop Farming

DeFi lending saw a dramatic increase to $40.99 billion in the third quarter, a rise of $14.52 billion from the previous quarter. This growth is largely fueled by airdrop farming activities, highlighting the expanding role of decentralized finance.

CME Bitcoin Futures Show a $2,970 Gap Amid Weekend Volatility

A significant $2,970 gap emerged in CME Bitcoin futures between Friday’s close and Monday’s open, creating substantial trading opportunities for investors. This volatility underscores the importance of monitoring weekend events for institutional investors.

India and Canada Restart Trade Talks After Years of Tension

India and Canada have agreed to resume long-stalled Comprehensive Economic Partnership Agreement (CEPA) trade discussions, signaling a thaw in diplomatic relations.

Bitcoin Hits $87,000 Milestone: Key Factors Behind the Surge

Bitcoin has reached a new high of $87,000, driven by three key factors. This price movement reflects strong investor interest and positive sentiment in the cryptocurrency market.

Negative news

Bitcoin Price Plummets: Significant Drop Below $87,000 Shakes Crypto Market

Bitcoin experienced a substantial decline, dropping below the critical $87,000 mark, according to market monitoring by Bitcoin World. The current trading price is $86,958.69 on the Binance USDT market, signaling a notable shift in investor sentiment.

Bitcoin Price Plummets: Crash Through $86,000 Sends Shockwaves

The Bitcoin price has plummeted, breaking through the $86,000 support level, causing significant disruption in the cryptocurrency market. The current trading price on the Binance USDT market is $85,976.32, indicating a major downturn.

Michael Saylor’s Poll Shows Broad Hesitation to Sell Bitcoin During Sharp Decline

Despite a sharp decline, Michael Saylor’s poll revealed strong conviction among Bitcoin holders. Participants showed reluctance to sell during the dip, reinforcing the asset’s resilience and institutional backing.

JP Morgan Faces Bitcoin Boycott Over MSCI Crypto Cut Plan

JP Morgan is facing backlash from the crypto community due to MSCI’s decision to exclude crypto assets from its indices, leading to a boycott.

Bithumb Temporarily Suspends BABY Deposits and Withdrawals for Network Upgrade

Bithumb, a leading South Korean crypto exchange, has suspended deposits and withdrawals for the BABY token due to a necessary network upgrade, affecting all related transactions.

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