Crypto News Sentiment
Updated: 1 month and 9 days ago
Canton Network Secures Massive Funding
Canton Network, a privacy-focused blockchain, has raised $50 million in a funding round led by financial giants like Nasdaq and S&P Global, signaling strong industry support.
U.S. Jobless Claims Drop to Three-Year Low
Weekly U.S. jobless claims have reached their lowest point in over three years, potentially easing concerns about a weak labor market before the upcoming Federal Reserve meeting.
Cayman Foundation Registrations Surge
Cayman island foundations saw a 70% increase in registrations, reaching over 1,300, driven by a new court ruling that exposes tokenholders to significant personal liability risks.
Bitcoin Price Surges Past $93,000
Bitcoin's price has broken through the $93,000 barrier, reflecting a significant shift in market sentiment and investor confidence.
VTB to Offer Russia’s First Bank-Run Bitcoin Trading Desk
Russia's second-largest bank, VTB, is planning to introduce a dedicated Bitcoin trading desk, aligning with the country's efforts to classify mining as an export.
BlackRock Warns on U.S. Debt, Bitcoin Sees Growth
Rising U.S. debt is prompting institutions to seek alternatives like Bitcoin for hedging purposes, with growing demand for digital assets beyond simple price speculation.
Pi Network Price Shows Signs of Recovery
Pi Network's price could recover as the rate of token unlocks is expected to slow down significantly in the coming months, following a period of narrow trading.
BONK Token Gains Momentum
The Solana meme token, BONK, has seen modest gains and remains within a tight trading range, with support from repeated resistance tests.
Internet Computer Prices Rise
Internet Computer (ICP) has edged higher amid broader market consolidation, keeping price action within key support and resistance levels.
CFTC Approves Regulated Spot Crypto Trading
The U.S. CFTC has approved regulated spot crypto trading on registered exchanges, marking a significant step forward for the digital asset industry.
First-Ever Federally Regulated Spot Crypto Trading
The U.S. CFTC has officially approved federally regulated spot crypto trading, allowing registered exchanges to list spot digital assets.
Bitcoin Cash and Hedera Underperform Bitcoin Cash (BCH) and Hedera Hashgraph (HBAR) both saw declines, with BCH falling 3.2% and HBAR dropping 3.9% as the CoinDesk 20 index declined.
EU Antitrust Investigation into Meta’s WhatsApp AI Ban The European Union has launched a formal antitrust investigation into Meta’s ban of rival AI chatbots on WhatsApp, signaling a significant regulatory challenge to the company’s AI strategy.
US Government Shutdown’s Impact on Crypto Markets A prolonged U.S. government shutdown, now one of the longest, has had a negative impact on crypto markets, affecting economic activity and causing market fears.
Chinese State Banks Hoard US Dollars China’s largest state-run banks have been aggressively buying US dollars despite the yuan reaching a 14-month high, aiming to slow the currency's appreciation without triggering a full reversal.
Potential Bitcoin Drop to $68,000 Onchain data indicates warning signs of a potential drop to $68,000 for Bitcoin, mirroring the 2022 bear market conditions.
Meta’s Metaverse Budget Cuts Meta plans to cut its Metaverse budget by up to 30%, signaling a retreat from virtual reality investments amid growing investor skepticism.
Wolfe Research Warns on Bitcoin Levels Wolfe Research predicts that Bitcoin will bottom at $75,000, with a critical test expected at another level, highlighting a bear-bull battle in the market.
