Crypto News Sentiment

Updated: 8 hours ago

Bitcoin sees long-term holder increase and BlackRock's ETF hits record volume, while Litecoin and XRP show positive momentum. However, SBF hints at pardon, Dogecoin faces collapse, and Ethereum suffers massive losses amid market volatility.
Positive news

Bitcoin Long-Term Holders See First Uptick Since April Lows

On-chain data indicates an upward reversal in the supply of Bitcoin held by long-term investors, marking the first increase since April lows.

BlackRock’s IBIT Trading Volume Surges to $3.7B

BlackRock’s spot Bitcoin ETF, IBIT, recorded a record $3.7 billion in trading volume, surpassing Vanguard’s VOO ETF, signaling a significant shift in market dynamics.

Litecoin Price Jumps 10% Following Vanguard’s LTCC Access

Litecoin’s price saw a 10% rally following the launch of Vanguard’s LTCC access, indicating increased interest and trading activity.

XRP Whales Demand Hits 7-Year Highs

XRP whale activity has surged, with large wallets holding a record 48 billion tokens, yet the overall market sentiment remains fragile.

Monero Faces First Real Test Since November Breakout

Technical indicators show steady buying pressure on Monero, suggesting potential for bullish movement as the cryptocurrency faces its first significant test since a November breakout.

Negative news

Sam Bankman-Fried’s Daring Hint: Is a Presidential Pardon His Next Legal Move? From prison, Sam Bankman-Fried commented on a presidential pardon, possibly signaling his desire for a similar outcome. This move has garnered significant attention from legal and financial experts.

Dogecoin Price Prediction: DOGE Tumbles Toward Total Collapse – But is This the Best Buying Opportunity? Dogecoin is facing potential collapse but might offer buying opportunities if it avoids a complete breakdown. The cryptocurrency's price predictions are uncertain.

Chainlink: How THIS Demand Zone Could Send LINK Past $13 Chainlink shows early signs of recovery as demand zones are defended. Outflows are deepening, supporting bullish expectations.

Ethereum Open Interest Cut In Half As $6.4B In Positions Vanish: Market Reset Accelerates Ethereum's price fell sharply below $2,800, leading to a massive sell-off and increased volatility. Investors are entering a defensive stance amid fears of a broader bear market.

RBA’s Bullock Warns Board Would Act on Renewed Price Pressures The RBA's Bullock warns that the Board is prepared to take action if price pressures resurface, indicating potential interest rate hikes to combat inflation.

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